Energy Costing Analyst

ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to organisations of all sizes.

We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet, and we are looking for people who are committed to help turn our vision into reality.

About the Role

Working as part of a team of 12, your main purpose will be to achieve an acceptable, managed and mitigated level of exposure within the business to costs and risks associated with commodity and third party charges, that simultaneously provides a competitive price in the market;

• To recover revenues in line with costs (over time and in value).
• To provide appropriate level of query management and support to the wider business in respect of Costing & Pricing activity for a catalogue of existing products as well as new propositions for gas/power and upstream/downstream.

Key Responsibilities

• Communicate self-generated analysis to senior management
• Make proposals and recommendations for changes to pricing policy and risk management protocols to senior management and influence their decisions
• Develop, maintain and improve models for cost and risk exposure analysis, cost forecasting, premium determination and pricing calculations, ensuring pricing friction is kept to target levels.
• Proactively develop and implement solutions to pricing issues (and regularly analyse to detect new issues) including improving existing systems and processes or developing new.
• Assist in the definition of pricing policies and methodologies to help ensure a framework that is effectively implemented and operated across the business, including leading the pricing input to product development.
• Maintenance of pricing related data in relevant systems.
• Ensure appropriate communication to management and the wider business of issues/solutions, changes and updates.
• Monitoring the regulatory landscape and assessing the impacts of industry change on pricing methodologies and cost forecasts, acting as subject matter expert for implementation and communication to stakeholders.
• Support Finance teams with the calculation and provision of Mark to Market reporting for all third party costs as part of the Full Year Forecast, Mid Term Audit and annual Budget.
• Understanding and management of economic, market and regulatory issues impacting on Pricing.
• Communicating and contributing to the management and resolution of any issues.
• Provide information and Key Business Indicator (KBI)/Key Performance Indicator (KPI) data to allow management of costs and charges, and implement action plans to ensure they are maintained within acceptable parameters.
• Work with wider business to ensure good stakeholder engagement and customer service as well as identifying issues, communicating them and enabling a resolution.
• Participate in and support programmes and projects providing role of Subject Matter Expert. Lead smaller business projects to implement new processes / improvements
• Adherence to and the development of internal processes, policies and risk frameworks.

Key Skills & Requirements

• Advanced Microsoft Excel skills including VBA
• PowerBI
• SQL
• Python
• Proven experience of developing Jupyter notebooks and .py scripts for ad-hoc reporting and
• for routine tasks
• Ability to demonstrate a practical approach to problem solving, especially the use of creativity to
• resolve novel problems to the business’s advantage
• Ability to present technical information to a range of stakeholders
• Knowledge of commodity markets
• Knowledge of retail pricing policies/methodologies and systems.
• Knowledge of elements that contribute to final delivered prices and cost items incurred by business in course of gas and electricity supply
• Demonstrated ability to succeed in a complex environment
• Experience of retail pricing techniques and systems would be highly advantageous.
• Proven ability to undertake analysis of complex numerical problems.

Qualifications

• The ideal candidate will have a degree level qualification in an analytical discipline, or specific related experience.

What benefits we offer?

Flexible Working

We understand the importance of work-life balance and recognise that everyone is striving to find the perfect one between work and home life. That's why we offer a hybrid working model that combines the convenience of remote work with the benefits of collaborating in a professional office environment. You'll have the flexibility to work from home part of the time, allowing you to optimise your productivity while enjoying a comfortable work setup.

Bonus Programme

We reward your hard work and dedication with a competitive bonus programme that recognises and values your contributions. Your efforts are appreciated and directly reflected in your financial rewards.

Life Assurance

We prioritise your peace of mind by offering life assurance coverage. You can feel confident knowing that your loved ones will be protected in the event of the unexpected.

Income Protection

Your financial security matters to us. Our income protection benefits ensure that you have a safety net in place, providing a valuable source of income if you're unable to work due to illness or injury.

Employer Pension Contribution

We invest in your future by contributing to your pension plan. You can enjoy the confidence and peace of mind that comes with knowing that you're building a solid foundation for your retirement.

Healthcare Cash Plan

Your well-being matters to us, which is why we provide a healthcare cash plan. You'll have access to a range of healthcare benefits, including reimbursement for medical expenses, dental and optical care, and more. Take care of yourself and your family's health without financial worries.

myENGIE

We offer a range of flexible benefits to employees alongside hundreds of retail and lifestyle discounts through myENGIE.

Diverse Employer

ENGIE’s purpose is to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions, and we know that the most successful businesses are the most sustainable ones. Diversity, equity and inclusion is key to sustainability and success and our goal is to attract, engage and retain the best talent, bringing the best thinking to our business from inside and outside of our industry. Our ambition is to make sure everyone at ENGIE feels valued, respected and included. We know that diverse teams have more creativity, imagination, innovation and problem solving capabilities, so we are committed to tackling inequalities and creating a diverse and inclusive business.

Equal Opportunity

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes only. This helps us understand our audience so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.