Cost Stack Manager

Job Description

Why join TotalEnergies Gas & Power
As the UK’s leading gas and electricity supplier to businesses and the public sector. We are committed to helping our customers become carbon net zero by 2050 through superior service, competitive prices, and innovative products.

It’s an exciting time to join TotalEnergies as we continue to expand the business to become a leading international player in renewable energies. There is a commitment to net-zero and an aim to become one of the world’s largest renewable energy companies by the end of this decade.

Pay and benefits
Salary: Up to £50,000
Bonus: Up to 20%
Location: Redhill - RH1 1RX
Contract type: Permanent
Working Pattern: 3 days a week in the office and 2 days at home

Generous employer Pension Contributions up to 15%
Life Assurance
Company share scheme
Annual Leave 28 days, plus bank holidays
Gym Membership
Private Medical Health and Dental Care
Ride to Work Scheme
Employee Assistance Programme
A positive work-life balance with hybrid working arrangements
An inclusive culture in which everyone can express and develop their potential
The opportunity to give back to the local community by spending 3 days a year volunteering

We have an exciting new opening to develop their career at one of the leading energy suppliers. Cost stack Manager, you will take a leading role ensuring that Total Gas & Power’s pricing includes accurate cost assessments for both the current and future market conditions for non-commodity charges.

This role is crucial to the profitability of TotalEnergies Gas & Power and the successful candidate will need to ensure that cost models are up to date and keep on top of ongoing regulation changes. They will also have to present and justify changes to costs and highlight areas of uncertainty.

Another crucial aspect will be to build and maintain strong collaborative relationships within sales, marketing & operational functions to ensure costs are managed across the business.

With coaching, support and an excellent support network it would be a great fit for an experienced analyst or commercial lead looking to accelerate their influence on the performance and growth of an ambitious and successful organisation.

The successful candidate will be responsible for:
Manage and feeding formation into forecasting models for all non-commodity charges across gas and power
Monitoring regulation changes affecting industry costs and analysing impacts
Engage with pricing team to ensure pricing systems are updated timely and accurately
Quarterly review and submission of TNUoS forecast to National Grid
Looking at demand trends and other economic information to formulate forward views
Highlighting risks and feed this in the Commercial team and the ongoing development of the Commercial Strategy
Monitor inflation, using external forecasts to assess levels required in internal models

Requirements and Skills:
Strong analytical & problem-solving skills
Commercial acumen; a background in finance advantageous
Ability to present, interact and influence at Director level
Ability to extract key drivers from models for non-commodity and build forward view
Ability to extrapolate assumptions based on analysis of historic data and insight into future market conditions
Confident to query with networks and industry organisations when data is not as expected

We continually strive to bring together our vision and values: To be the UK’s most trusted energy supplier – we deliver what we promise

We recognise that our employees are one of our most important assets. If you are looking for a fast-paced company and with a global brand and a strong UK presence that actively invests in its people, this is an excellent opportunity to work within a friendly, proactive successful team.

Diversity and Inclusion
One of our values is respect for each other. Creating an inclusive environment in which everyone can express and develop their potential, from the moment they are hired and throughout their career, means ensuring that all our employees have the same opportunity to succeed, regardless of origin, gender, age, disability, sexual orientation, gender identity or affiliation with a political, religious, union, organization or minority group.

This is our vision of diversity, which is an asset for our Group as well as for the individuals who embody it. Preserving and promoting this asset is another part of being a responsible employer.