Procurement Practice Specialist (Energy Trader)

London

CL9

Introduction:

Join Accenture and help transform leading organizations and communities around the world. The sheer scale of our capabilities and client engagements and the way we collaborate, operate and deliver value provides an unparalleled opportunity to grow and advance.

Join Accenture Operations and you will become part of the largest and most diverse group of business operations specialists in the world. You will be part of a team which provides business process excellence, implements leading cloud technology and builds and transforms client infrastructure services.

We are constantly seeking new ways to achieve high performance in our clients’ business operations! We provide technology-enabled business process services to deliver business outcomes and are constantly seeking new ways to achieve high performance in our clients’ business operations.

You will join Accenture’s market leading Procurement organization with more than 3,300 procurement and category experts across the globe. These professionals help Fortune 1000 and Global 2000 organizations negotiate and implement savings initiatives that can improve clients’ financial performance while supporting strategic objectives like sustainability, innovation and growth.

Accenture is seeking an Energy Trader/ Portfolio Manager with deep energy market experience to help customers drive tangible results. In this capacity, you will work on a dedicated basis with Accenture customers with responsibility for implementing energy purchasing strategies [predominantly power and natural gas] on the basis of defined risk controls such as ‘price triggers’ and ‘forward cover requirements’ always utilizing the purchasing flexibility as agreed in the underlying supply contracts between our clients and their appointed utility suppliers.

What responsibilities will you have?

• Maximise resource utilisation to ensure optimal productivity and margin contributing to contract P&L;
• Work with Client Delivery to ensure that services are delivered in accordance with contractual / service level obligations;
• Provide input to Accenture best practices;
• Present trading recommendations confidently to internal and external stakeholders;
• Energy Strategy Debrief: Perform an Energy Strategy debrief with Risk Management when a new client is entered into your portfolio;
• Routine Client Market Briefs: Ensure that your client portfolio is regularly briefed with regards to their risk positions in line with their Energy Strategies;
• Scheduled Calls: Utilising your fundamental and technical experience to generate bespoke presentation material facilitating scheduled weekly or monthly client conference calls;
• Executing Price Fixings/Unfixings: Execute all trades for your client portfolio within the Trading Desk System and perform a daily reconciliation of your Orders to ensure all positions are filled, and reconciled to the Supplier confirmation;
• Participate in new business development, especially due diligence and solution design.
• Energy Price Risk: Continuously manage the price risk of your client portfolio and ensure that at all times you operate within the predefined Energy Strategy limits;
• Governance: Ensure that at all times you act in accordance with the applicable Energy Risk Policies and/or Strategies;
• Position Tracking: Ensure your client portfolio positions are tracked at all times against the market;
• Market Analytics: Generate detailed, client specific technical and fundamental analytics to support their portfolio positions;
• Pricing Advice: Provide recommendations to your client portfolio as to when to buy or sell energy, in line with market opportunity and within the confines of their respective risk parameters;
• Origination: Using your expertise identify and champion opportunities for future product development with a view to maximising income potential balanced against greater customer product optionality and service delivery;
• Performance Deals: Within the framework of a Structured Performance Product trade in and out of the market to maximise profitability;
• Strategy Development: Work with Risk Management during the generation of Energy Strategies to ensure that agreed client policy can adapt to future operational requirements in a dynamic marketplace;
• Plus: All other duties as assigned appropriate to the development of the role and the person.

What skills & experience are we looking for?

• Ability to adapt to the varied corporate cultures and organisational structures of our customers;
• Exceptional track record of building relationships with stakeholders or customers that have resulted in high customer satisfaction;
• Excellent communication, organisation/time management, analytical and problem-solving skills;
• Ability to interface with customers and suppliers via strong written and verbal communication skills;
• Experience in the areas of energy portfolio management, procurement, energy wholesale markets, finance, risk management and/or quantitative analysis
• Proficiency in Microsoft Excel and Microsoft PowerPoint;
• Proficiency in Refinitiv’s Eikon platform;
• Effectively communicate complex market and risk management information to clients;
• Develop strong support relationships with functional leaders and key site operations personnel across all business units of Accenture’s clients;
• Influence thought leaders within the organisation and in our clients’ and suppliers’ organisations to identify and implement best practices.

What (academic) qualifications do you need?

• Bachelor’s degree in a related subject, Masters degree preferred

Closing Date for Applications 31st January 2025

Accenture reserves the right to close the role prior to this date should a suitable applicant be found.

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About Accenture

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com 

Equal Employment Opportunity Statement     

All employment decisions shall be made without regard to age, race, creed, colour, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by applicable law.                                                          

Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.