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Settlements Analyst

1 month ago

Melbourne, Australia AGL Energy Full time

As the needs of our customers change, so do we.

At AGL, we believe progress is powered by our people.

If you’re set on making real change for tomorrow, we have the scale, resources and ambition to get it started today.

Now’s an extraordinary time to work with us. We’re taking the lead on renewables and expanding our products to make them more sustainable, affordable and useful for all Australians.

That’s what we call progress. To achieve it, we’re bringing together people with unique stories, perspectives, backgrounds and talent - and we need yours too

About the Role
- Get exposure to all AGL commodities in a broad role. Grow your career
- Excellent benefits, leave policies, recognition, and discounted energy
- Full Time Permanent | Melbourne based available offering hybrid work arrangements

A full-time permanent opportunity has become available for a Settlements Analyst within our finance team. Based in Melbourne, you will be responsible for the calculation, reconciliation and settlement of all key wholesale contracts underpinning AGL’s wholesale portfolios. This includes electricity, gas, oil, coal contracts and cover both physical purchases and sales as well as financial instruments. This position will be primarily focused on renewables.

This position also has an important role in understanding the key commercial terms and conditions of wholesale contracts, with a view to learning and understanding financial models for the purpose of calculation and reconciliation. The position informs key front office and finance stakeholders of the performance of these contracts, through insightful and timely analysis and reporting.

What you’ll be doing:
Reporting to the Settlements Lead, you will:

- Calculate, reconcile and create invoices for the wholesale market contracts with large size and significant value
- Settle, dispute and report all contracts in key financial systems
- Perform cash flow forecasting for wholesale market and work closely with Treasury to manage short-term cash flow
- Optimise AGL’s cash position via management of AEMO prudential requirements
- Manage relationships and resolve disputes with external counterparties to ensure accuracy and timeliness of contract obligations
- Work collaboratively with key stakeholders to develop commercial understanding of the wholesale market
- Critically challenge the settlements activities, initiatives and drive continuous process improvement

About You

What you’ll bring to the table:

- 2 years of relevant experience in the settlements or similar functions in complex organisation
- Exceptional attention to detail
- Demonstrated interest and a proven track record in continuous process improvement and consistency of work output
- Effective time management and prioritisation skills and comfortable working in a deadline-driven environment
- Excellent interpersonal skills; can build and maintain relationships both internal and external
- High level of proficiency with Microsoft Office suite and comfort using an array of software systems
- Proven track record of dealing with external regulators, external and internal auditors and large corporate customers
- Experience in using SQL and VBA to extract and manipulate data from databases - preferred not essential

Please note - unsolicited resumes from agencies will not be accepted by AGL.

LI-Hybrid

Inclusion at AGL

AGL has a commitment to maintain a diverse workforce, and welcomes the opportunity for applicants to share their lived experiences. We also recognise that some applicants may not wish to disclose, and we respect their decision. To learn more about reasonable adjustments that can be offered throughout the recruitment process, please visit:
Job Family Group:
Finance and Accounting

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