Sr. Analyst, Gross Margin Analytics

Shell•Houston, TX

2d•$124,000 - $186,000

About The Position

We are looking for a highly motivated individual who understands the market and operational risks associated with selling B2B products in the retail energy space, and passionate about collaborating with others to eliminate/mitigate these risks and helping the company originate and realize gross profit. Shell is seeking a Sr. Analyst, Gross Margin Analytics. Reporting to the Load Forecasting & GM Analytics Manager, the role requires a self-motivated, dedicated, and responsible individual with the ability to perform well under pressure. Accountabilities: Execute activities that Load and Gross Margin Analytics is responsible for, and be accountable for the business outcomes of those activities Monitor the accuracy of volume forecast for each cost component and report position for each cost component Report gross profit from origination to realization and explain all changes Ensure that our trading counterparties fulfill their contractual obligations Ensure that our cost is passed through correctly based on each customer's product configuration Calculate exit fee and MCV Reconcile REC trade vs inventory vs assignment Provide feedback for the effectiveness of hedges and risk premiums Ensure that pricing process is consistent with how each product is structured Ensure that billing process is consistent with how each product is structured Measure accuracy of forward curves Improve activities that Load and Gross Margin Analytics is responsible for Identify opportunities for improvements in the activities Load and Gross Margin Analytics is responsible for Identify gaps in the interconnected activities in originating and realizing gross profit Design processes and build prototypes Work with engineers to convert prototypes to IT managed solutions Work with other departments to execute business process changes Provide coaching and ensure knowledge transfer across the team Bring strong commercial perspective to the execution of daily activities and design of new processes Other duties as assigned

Requirements

Must have legal authorization to work in the US on a full-time basis for anyone other than current employer
Bachelor’s degree in finance, economics, accounting, engineering, data analytics, or a related quantitative discipline required.
At least 5 years of relevant experience
Requires a deep understanding of how ERCOT, PJM, ISONE, NYISO and MISO electricity markets operate, and how a retail energy provider should manage the operational and market risks associated with serving B2B customers.
Requires experience in load forecasting, settlements, and gross profit reporting.
Highly experienced in supporting teams and projects in a fast-paced environment, with often overlapping of projects and priorities
Strong analytical and problem-solving skills must be able to provide timely and accurate data analysis
Strong business writing skills and experience developing communication in various formats
Learner mindset and eye for continuous improvement needs
Excellent organization and time management skills, with the ability to maintain a strict level of attention to detail
Ability to work well within a team environment and demonstrate a vested interest in team goals and objectives
Excellent interpersonal, verbal, and written communication skills, with the ability to establish and maintain positive and effective working relationships
Self-motivated with the desire to consistently improve performance and gain further knowledge
Ability to meet deadlines, learn quickly, and demonstrate effective problem-solving and follow-up skills
Comply with company policies and procedures

Nice To Haves

Advanced degree or equivalent relevant experience is an advantage

Responsibilities

Execute activities that Load and Gross Margin Analytics is responsible for, and be accountable for the business outcomes of those activities
Monitor the accuracy of volume forecast for each cost component and report position for each cost component
Report gross profit from origination to realization and explain all changes
Ensure that our trading counterparties fulfill their contractual obligations
Ensure that our cost is passed through correctly based on each customer's product configuration
Calculate exit fee and MCV
Reconcile REC trade vs inventory vs assignment
Provide feedback for the effectiveness of hedges and risk premiums
Ensure that pricing process is consistent with how each product is structured
Ensure that billing process is consistent with how each product is structured
Measure accuracy of forward curves
Improve activities that Load and Gross Margin Analytics is responsible for
Identify opportunities for improvements in the activities Load and Gross Margin Analytics is responsible for
Identify gaps in the interconnected activities in originating and realizing gross profit
Design processes and build prototypes
Work with engineers to convert prototypes to IT managed solutions
Work with other departments to execute business process changes
Provide coaching and ensure knowledge transfer across the team
Bring strong commercial perspective to the execution of daily activities and design of new processes
Other duties as assigned

Benefits

The base salary range for this position is $124,000 - $186,000 per year. As pay will be based on various factors, such as relevant work experience, education, certifications, skill level, seniority, and internal equity.
insurance coverage options include medical, dental, vision coverage, life Insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs.
Employees also participate in a company pension plan and a 401(k) plan.
Paid leave includes up to 6 weeks of paid vacation time, up to 11 paid holidays, and parental leave offering 16 weeks of paid leave for birthing parents, and 8 weeks of paid leave for non-birthing parents.
employees are eligible for short-term disability leave for up to 26 weeks at 100% or 50% of base pay as well as Long-Term Disability insurance.
Shell also offers other compensation such financial reimbursement for adoption, wellness, education, and personal learning expenses, and some roles are eligible for discretionary long-term incentives.
eligible benefits include medical, dental, and vision coverage, life insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs; participation in a 401(k) plan; and paid leave for up to 11 paid holidays.
flexible working hours, and the possibility of remote/mobile working
competitive starting salary and annual performance related salary increase
paid parental leave, including for non-birthing parents
wide range of training and development programs