The Energy Revolution 🎉

Valda Energy is a dynamic and rapidly growing energy supplier based in Bicester, committed to driving business success through smart, reliable energy solutions. Established in 2019 by industry experts, we bring together a diverse combination of talent to foster continuous sustainable growth. We challenge the existing marketplace with our leading, tech-driven, and customer-focused approach. Our passion for innovation and dedication to exceptional service sets us apart.

At Valda Energy, we live by our core values: communicate, collaborate, own it, embrace change, and put the customer first. We believe that our people are our greatest asset, and we are dedicated to fostering a supportive and evolving culture. From introducing new benefits to offering structured training opportunities and hosting frequent social events, we ensure our employees thrive.

How You Will Energise Our Team 🤝

The Settlement Specialist is responsible for the accurate, timely and efficient settlement of energy market transactions and related financial processes. The role involves validating trading and operational data, managing settlement calculations, investigating discrepancies, resolving exceptions and ensuring that financial and regulatory obligations are met.

Your day-to-day responsibilities will include but not be limited to:

• Working closely with Commercial, Finance, Operations and external market participants to ensure energy transactions are accurately captured, settled, reconciled and reflected in financial systems
• Performing daily, weekly, monthly and annual settlement activities across relevant energy markets, ensuring accurate and timely processing
• Investigating and resolving settlement discrepancies, rejected transactions, exceptions and data quality issues, escalating material financial or operational risks where appropriate
• Liaising with Elexon, market operators, network companies, suppliers, generators, brokers, partners and other counterparties to manage settlement performance and resolve issues
• Maintaining a strong understanding of electricity and/or gas settlement arrangements, market rules, contractual obligations and regulatory requirements to ensure ongoing compliance
• Analysing large datasets, including energy volumes, meter readings, market charges and imbalance costs, using spreadsheets, databases and settlement systems to perform calculations and reconciliations
• Identifying opportunities to improve data quality, strengthen controls, automate manual processes and reduce errors, while supporting customer onboarding, system testing and the implementation of new settlement processes
• Developing and maintaining settlement reports, dashboards and accurate audit trails, supporting financial reconciliations, month-end and year-end close, audits, and the ongoing review of settlement procedures and controls