Analyst

• Manage daily settlement activities, including payments, reconciliations and operational checks, ensuring strict adherence to deadlines.
• Verify, approve and record high-value transactions such as credit cover drawdowns and returns, in accordance with established procedures.
• Respond promptly and professionally to settlement-related queries from internal and external stakeholders.
• Maintain strong controls over settlement payment processes to ensure accuracy and compliance with LCCC/ESC policies.
• Apply a sound understanding of scheme policies and regulations across CfD, CM, RAB, and emerging schemes, ensuring settlement activities remain fully compliant.
• Monitor upcoming scheme changes and make necessary adjustments to settlement processes as directed by senior team members.
• Prepare and review journal entries, monthly reconciliations, and settlement-related reports from the outsourced provider.
• Support the accurate reflection of settlement activities within internal reporting and accounting records.
• Assist with monitoring settlement costs and preparing routine forecasts, commentary, and variance explanations.
• Support the preparation of annual financial statements, audit queries and regulatory filings as required.
• Carry out credit cover processes, including approvals, rejections, drawdowns, and returns for CfD, CM, RAB and emerging schemes.
• Conduct monthly and quarterly reconciliations for CfD & RAB Generator/Supplier, CM settlements, and emerging schemes.
• Prepare monthly routine Treasury forecasts by liaising internally effectively and support Treasury colleagues in managing daily and monthly cash flow requirements.
• Monitor credit cover fluctuations during high-volume periods and escalate issues appropriately.
• Ensure effective collaboration with the settlements team on finance-related settlement issues to provide a seamless experience to all stakeholders.
• Serve as the primary point of contact for finance-related settlement issues, queries, and escalations, ensuring issues are resolved promptly or appropriately referred.
• Build collaborative working relationships with Contract Management, Scheme Operations, Legal, Treasury, and outsourced service providers to support seamless settlement operations.
• Liaise with appropriate departments to support compliance and reporting requirements.
• Manage a varied and time-sensitive workload, adapting to changing priorities and deadlines.
• Proactively resolve operational challenges, discrepancies, and settlement anomalies, escalating where required.
• Maintain a commitment to accuracy, strong controls, and continuance adherence to organisational policies and regulatory requirements.
• Ensure proper documentation and tracking of payments, settlements, and financial records, maintaining a comprehensive audit trail for all transactions.
• Provide operational finance team support and cover roles as needed to ensure seamless execution of tasks.
• Assist in bank account management, including setup, approvals, and limits, in collaboration with seniors in team.
• Support in maintaining a tracker for companies in any type of insolvency event, managing the proof of debt submission process and follow-ups.

Settlements Analyst, Fixed-term Contract

NOC Analyst – 1st Line Support

Analyst

Analyst

Senior Commercial Analyst