​Title: Industry Forecast Manager

Location: Redhill, England, United Kingdom (Hybrid)

​The Green Recruitment Company are working alongside a ‘multi-energy’ company, producing and marketing oil and biofuels, natural gas, green gases, renewables, and electricity.

The Role:

The Industry Forecast Manager is responsible for all non-commodity cost forecasts. They are also responsible for compliance in many Electricity market schemes.

Responsibilities:

Non-Commodity

• Manage and develop forecasting models for all non-commodity charges across gas and power

• Propose ongoing changes to rates based on a deep understanding of cost methodologies and analysis of underlying assumptions. Use statistical models to extrapolate assumptions into the future based on past and future trends

• Engage with the pricing team to ensure pricing systems are updated timely and accurately

• Report on the accuracy of historic forecasts comment upon variances and develop a reporting suite/knowledge centre for internal (sales) and external (customer) use

• Calculate Non-commodity actual and reconciliation costs and report to the business

• Assist pricing with Non-commodity customer queries

• Working with marketing to create quarterly non-commodity reports, providing customers with an understandable view of the future outlook.

Scheme Management

• Validation of ongoing FITS scheme invoices from Ofgem as well as conducting the quarterly and annual FITs levelisation process to ensure compliance with the scheme. Assisting with the FITS audits as required.

• Creation of monthly FITs accrual for finance

• Quarterly review and submission of TNUoS forecast to National Grid

• Submission of Capacity Market forecast to EMRS and validation and collation of Capacity Market invoices

• Manage EII exemption process and certificates, including driving developments internally associated with scheme changes

Risk Management

• Highlight current and future risks and create innovative ways to mitigate

• Monitor inflation, using external forecasts to assess levels required in internal models

• Work with the Pricing team to ensure Fixed Annual customers are priced with the appropriate level of risk

• Evaluate and monitor regulation risk, collating information across multiple sources, working with the regulation manager

• Implement agreed risk strategy to non-commodity forecasts

Your Profile:

• Excellent verbal and written communication skills and the ability to interact professionally with a diverse group, of executives, managers and subject matter experts.

• Experienced in data analysis and reporting. As well as strong analytical problem-solving skills.

• Should have a minimum of 5 years of commercial experience in the gas and power sector with a background in hands-on technical roles in the field and rely on experience and judgment to plan and accomplish goals

• Proficient in the use of Excel (necessity) as well as working knowledge of SQL, Power BI and statistical tools such as Python (desired)