Settlements Officer
About Snowy:
Snowy Hydro is a dynamic, integrated energy business that has been providing on-demand, reliable energy to Australia for generations. Snowy Hydro owns and operates a powerful combination of generation assets, including the mighty Snowy Mountains Scheme, gas and diesel plants, and contracted wind and solar energy. We also provide electricity and gas to over 1 million retail customers through our retail brands Red Energy and Lumo Energy. Snowy 2.0 is Australia's largest committed renewable energy project. This nation-building project will provide on-demand energy and large-scale storage for many generations to come.
About the position:
Are you a meticulous and proactive individual ready to play a vital role in our energy trading operations? We are seeking a detail-oriented Settlements Officer to ensure the accurate and timely settlement of diverse electricity trading and treasury activities. If you thrive in a fast-paced, detail driven environment and are eager to contribute to the efficiency of our trading function, this is the perfect opportunity for you.
Key Responsibilities:
- Generate and meticulously review standard and complex trading contract confirmations, ensuring strict adherence to contract terms.
- Review counterparty contracts, verifying all critical details.
- Champion the continuous improvement of our procedures through regular reviews and updates.
- Become the go-to person for resolving counterparty invoice & documentation enquiries with professionalism and efficiency.
- Accurately reconcile daily futures trades and monitor liquidity.
- Calculate, verify, and record all futures-related fees, charges, and P&L on a quarterly basis.
- Manage weekly OTC billing, generating and dispatching invoices to counterparties.
- Play a key role in treasury settlements, checking and approving a variety of transactions within the Reval Treasury system.
- Provide crucial support for internal and external audit requests across both trading and treasury functions.
- Maintain a keen awareness of trading patterns, proactively identifying and escalating any potential irregularities.
- Partner with IT to identify and test system enhancements for our Snowy Hydro Trading System.
About you:
- Proven experience in settlements, contract administration, or similar role (experience within the energy sector would be highly regarded).
- A strong eye for detail and exceptional accuracy in handling complex data.
- Excellent organisational and time management skills, with a demonstrated ability to manage multiple priorities and meet tight deadlines.
- Strong analytical and problem-solving abilities, with the capacity to interpret complex contractual arrangements.
- Effective verbal and written communication skills, enabling you to liaise confidently with internal and external stakeholders.
- A proactive and adaptable approach, with a willingness to learn and navigate evolving systems and processes.
- Familiarity with financial trading systems (experience with Reval or similar treasury systems would be highly regarded).
- Proficiency in Google and Microsoft Suite (experience with advanced Sheets/Excel functions would be advantageous).
Diversity and inclusion is important to us
Snowy Hydro has a culture of decency and inclusion, with a commitment to the health and wellbeing of our people and a supportive environment to ensure that everyone - regardless of background - feels included and can succeed. At Snowy Hydro, we recognise that we are made stronger by the unique capabilities and qualities that each individual brings, and we believe in providing an environment that allows that uniqueness to thrive. Snowy Hydro is proud to be an Equal Opportunity employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for a role with Snowy Hydro and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an email with your request to the Snowy Hydro recruitment team at recruitment@snowyhydro.com.
If you are a highly motivated and detail-oriented individual looking for a challenging and rewarding opportunity within a leading energy company, we encourage you to apply! Take the next step in your career and become a vital part of the Snowy Hydro team, powering Australia's future. Apply today!
About Snowy:
Snowy Hydro is a dynamic, integrated energy business that has been providing on-demand, reliable energy to Australia for generations. Snowy Hydro owns and operates a powerful combination of generation assets, including the mighty Snowy Mountains Scheme, gas and diesel plants, and contracted wind and solar energy. We also provide electricity and gas to over 1 million retail customers through our retail brands Red Energy and Lumo Energy. Snowy 2.0 is Australia's largest committed renewable energy project. This nation-building project will provide on-demand energy and large-scale storage for many generations to come.
About the position:
Are you a meticulous and proactive individual ready to play a vital role in our energy trading operations? We are seeking a detail-oriented Settlements Officer to ensure the accurate and timely settlement of diverse electricity trading and treasury activities. If you thrive in a fast-paced, detail driven environment and are eager to contribute to the efficiency of our trading function, this is the perfect opportunity for you.
Key Responsibilities:
- Generate and meticulously review standard and complex trading contract confirmations, ensuring strict adherence to contract terms.
- Review counterparty contracts, verifying all critical details.
- Champion the continuous improvement of our procedures through regular reviews and updates.
- Become the go-to person for resolving counterparty invoice & documentation enquiries with professionalism and efficiency.
- Accurately reconcile daily futures trades and monitor liquidity.
- Calculate, verify, and record all futures-related fees, charges, and P&L on a quarterly basis.
- Manage weekly OTC billing, generating and dispatching invoices to counterparties.
- Play a key role in treasury settlements, checking and approving a variety of transactions within the Reval Treasury system.
- Provide crucial support for internal and external audit requests across both trading and treasury functions.
- Maintain a keen awareness of trading patterns, proactively identifying and escalating any potential irregularities.
- Partner with IT to identify and test system enhancements for our Snowy Hydro Trading System.
About you:
- Proven experience in settlements, contract administration, or similar role (experience within the energy sector would be highly regarded).
- A strong eye for detail and exceptional accuracy in handling complex data.
- Excellent organisational and time management skills, with a demonstrated ability to manage multiple priorities and meet tight deadlines.
- Strong analytical and problem-solving abilities, with the capacity to interpret complex contractual arrangements.
- Effective verbal and written communication skills, enabling you to liaise confidently with internal and external stakeholders.
- A proactive and adaptable approach, with a willingness to learn and navigate evolving systems and processes.
- Familiarity with financial trading systems (experience with Reval or similar treasury systems would be highly regarded).
- Proficiency in Google and Microsoft Suite (experience with advanced Sheets/Excel functions would be advantageous).
Diversity and inclusion is important to us
Snowy Hydro has a culture of decency and inclusion, with a commitment to the health and wellbeing of our people and a supportive environment to ensure that everyone - regardless of background - feels included and can succeed. At Snowy Hydro, we recognise that we are made stronger by the unique capabilities and qualities that each individual brings, and we believe in providing an environment that allows that uniqueness to thrive. Snowy Hydro is proud to be an Equal Opportunity employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for a role with Snowy Hydro and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an email with your request to the Snowy Hydro recruitment team at recruitment@snowyhydro.com.
If you are a highly motivated and detail-oriented individual looking for a challenging and rewarding opportunity within a leading energy company, we encourage you to apply! Take the next step in your career and become a vital part of the Snowy Hydro team, powering Australia's future. Apply today!
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