Settlements Analyst
2 months ago
**The Opportunity**:
Our team is growing Excellent opportunity for a Settlements Analyst to join our Finance Operations team within our Global Energy Management & Sales (GEMS) business. GEMS is the fully integrated trading arm of ENGIE Group and the Settlements Analyst will provide support by assisting in the timely and accurate settlement of spot market and financial derivative transactions. This includes maintaining contract documentation, administering contracts and producing revenue reports.
The role can be worked flexibly from home and our Southbank office.
Reasonable requests for part time work will be considered.
**Responsibilities**:
- Perform contract and spot market settlements
- Ensure the correct revenue entitlement is received
- Payment and receipt of spot and contract trading settlement amounts using the Austraclear apparatus, independent of the financial accounts functions
- Negotiate with counterparties and AEMO regarding settlement disputes or queries
- Understand the AEMO metering and settlements processes to ensure compliance with
metrology procedures and standards
- Create or confirm derivative trade confirmations, ensuring accuracy with deal ticket and
ISDA conditions
**About You**:
To be successful in this role, you will have sound experience working in a similar role, preferable within complex multinational organisations within the energy sector. You will be able to manage complexity to solve problems and can challenge the status quo for the benefit of the team and organisation.
You have a collaborative approach and can build and maintain positive work relationships whilst driving results,
**Next Steps**:
All applicants must have unlimited rights to work in Australia.
**About ENGIE Australia & New Zealand**:
ENGIE Australia & New Zealand, a joint venture with Mitsui & Co Ltd, is accelerating the transition to a carbon-neutral economy by providing innovative, sustainable energy solutions to households, businesses, communities and cities.
Our mission is to accelerate and support the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally-friendly solutions.
We have 1,100MW of low-carbon generation capacity and more than 2,000MW of renewable energy under development. Our retail business, Simply Energy, has more than 700,000 customer accounts around Australia.
We’re also delivering sustainability solutions to cities, precincts and universities through our ENGIE Net Zero Energy Solutions team.
ENGIE’s trading arm, Global Energy Management (GEM) provides long-energy supply agreements, energy trading, risk management and asset management services to business customers across the ENGIE ANZ portfolio.
Our Business Units
Thermal & Supply
- Simply Energy is one of Australia’s fastest growing energy retailers, with more than 750,000 electricity and gas customer accounts in Victoria, South Australia, New South Wales, Western Australia, The Australian Capital Territory and Queensland.
- 1,000MW of low-carbon generation capacity located in South Australia
- The Hazelwood Rehabilitation Project is a dedicated business stream leading the safe, stable and sustainable rehabilitation of the former Hazelwood Power Station and Mine, which ceased operation in 2017
Renewables
- Development, operation and maintenance of large-scale assets - predominantly in wind, solar and industrial-scale battery storage - as well as integrating hydrogen as an alternative energy source.
Energy Solutions
- ENGIE Net Zero Energy Solutions builds long-term partnerships that deliver net zero outcomes for communities.
- By integrating infrastructure, technology and services, we design, build and operate environmentally-friendly solutions, such as Green Mobility and energy storage, that support and accelerate the transition to a carbon-neutral economy.
Global Energy Management & Sales (GEMS)
- GEMS has 20 years’ presence in energy markets worldwide and offers services including risk management solutions, market access, asset management and optimisation, gas off-take, investment services, physical supply and logistics management, economic research, market analysis and M&A facilitation for energy producers.
- GEMS tailors solutions, such as PPAs, to the specific needs of corporate clients, with a strong focus on decarbonation and decentralisation, matching our clients’ growing needs to lower their carbon footprint and source greener energy with those of renewable asset owners.
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