Power Forecasting Manager

Accord Marketing Ltd(Kelly Services)
£40000 - £45000 per annum, Benefits: plus benefits
19 Oct 2016
18 Nov 2016
Contract Type
Total Gas and Power have a new opportunity for a Power Forecasting Manager, based in Canary Wharf, to work as the leader of a team that forecasts the demand and manages the risk of TGPMs European Power Portfolio.

The teams responsibility includes, but may not be limited to:

Demand Forecasting

- Development short term demand forecasting methodologies for the TGP`s European electricity portfolio. Ensure that models/processes used are accurate and facilitate a timely delivery of data to the Procurement team.
- Monitoring forecast error, report on forecast performance and perform analysis which will further develop demand forecasting methodologies in order to improve the accuracy of demand forecasts.

System Improvement

- Suggest improvements to the efficiency and accuracy of existing operational tasks
- Become the first point of contact with IT, raising faults or suggesting improvements to systems which will enhance the team`s reporting.
- Conduct User Acceptance Testing and manage the implementation of new data management systems

Management Information Reporting

- Analyse system prices which may lead to high imbalance costs
- Explain periods of volatile consumption and forecast errors when required
- Analyse prompt balancing and outturn Profit & Loss performance

Communication, Service & Teamwork

- Ensuring that each of the Marketing entities communicate data required to the Power Operations team to enable smooth running of the day to day activities, flagging up data and process issues when necessary
- Build relationships with the local entity points of contact
- Answer queries in a timely manner, ensuring that as a member of the central team a high level of service is always delivered
- When required supporting the Power Exposure sub-team in its day to day activities.

A successful candidate will have:

- Previous commercial experience within the electricity industry
- Previous managerial experience (at least 1 year)
- Degree in a numerate/analytical discipline e.g. Economics, Statistics, Computer Science
- Strong analytical ability
- Strong communication skills; ability to communicate technical arguments to non-technical audiences
- Good knowledge of Microsoft applications, in particular Excel and Access
- Knowledge of SQL