Job
Description
About The Role
Energy Risk and Accounting (ERA) team plan an important role in the life of a deal (LoaD) covering processes such as pre-settlements & settlements for buy/sell transactions, period end close including accruals & inter group matching/reconciliations, inventory reconciliation/valuation, M2M/specific accounting, Trade book to financial reconciliations, balance sheet reconciliations, Group disclosures, CI, controls/SOX compliance and audit activities. The processes are complex and often time critical; they involve working closely with different teams embedded within the LoaD of Trading business, particularly the commercial/BIAM operations teams at the different Trading hub locations.ERA process currently relies on multiple ETRM & SAP systems (with some connected applications) to perform their scope of work cited above. There are strategic programs under way (known as ADA in Energy Europe and ASPIRE in SEAm) to implement (i.e., replacing current ETRMs with) the latest version of ENDUR as standard ETRM, bring in standard data platforms/connected applications and market centric tools where needed to simplify our complex PDS (process, data and system) landscape. This transformative exercise also involves bringing preventative controls, standardize the way we work and bring in efficiencies with streamlined processes for Energy Trading businesses. Energy Businesses covering Gas, Power and EPT are growing rapidly with the complexities and subject to regional/local compliance requirements/competition. Though the transformation is underway for Energy Europe and North America, such transformation exercise is expected to be extended to Energy Australia, Energy Asia and Global LNG businesses. Setting up a simple, agile, standard and scalable PDS landscape is paramount to provide competitive advantage to the business.The purpose of this ERA Lead Process Architect is to assess the current design, understand requirements/pain areas, use the external lens and design the best-in-class future state design, lead and deliver the transformation roadmap. This role will focus both on current systems landscape to ensure continued stability and to assess areas of opportunities that can be addressed through transformation, process reengineering leveraging
Process data and systems (PDS) optimization practices. This role will also play a natural integrator role for wider FO scope in the transformation projects. Energy Trading business is likely to replace its current SAP/P80 platforms with S4 HANA in the near future. The PDS landscape and the design which we put in as part of the above transformation exercise, should be S4 HANA ready.
The Energy Trading and LNG business acquire companies frequently. The role of this ERA Lead Process Architect is to bring in such acquired entities closer (i.e., integrate them) to the PDS design as designed in the above transformation.As these PDS transformative Projects are expected to be a multi-year journey, the expectation for the role holder is to support design, lead and deliver execution. This role will have high visibility with stakeholders regionally and globally as it involves extensive collaboration and influencing across all Process Executive.The T&S business (particularly Energy Trading business) is rapidly changing and the challenges for the next few years will be to support these business changes in a sustainable way while ensuring ongoing operations keep delivering to a high standard.The role will also focus on other BAU activities such as onboarding new markets, new instruments, new trading venue/exchanges and complex deals to settle down till the transformation is initiated.Though this role will primarily focus on PDS transformation projects in the Energy/LNG Trading businesses in the medium term, this role will also focus on other BAU activities such as onboarding new markets, new instruments, new trading venue/exchanges and complex deals to settle down till the transformation is initiated. The key aspect of the role is to ensure convergence between the Energy Trading business with a view to standardize wherever possible. This role will start as an Individual Contributor and may lead to a team lead capacity in the future.In summary, the role provides an excellent opportunity for a motivated individual to quickly gain deep knowledge/experience of a fast moving/ exciting Trading business, related processes/data/system experience, automation/digital transformation and extensive stakeholders management skills to work with business partners and our operations teams to ensure top quartile performance.-Basic and must have requirements are around
1. Gas/Power/EPT/LNG and related Life of a Deal2. Process/Data/systems interplay in the E2E architecture and3. Matured stakeholders relationship with business/IT.Process and Transformation
Qualified Accountant (ACA/CIMA) or MBA Finance from premier business schools with 15+ years of professional experience on the following areasGood understanding of Trading Business in general, Energy Trading in particular and their LoaD.Deep understanding of ERA processes outlined above.Experience in designing and implementing preventive controls (business/financial and IT) with the particular focus on bringing them to the front end of the process where they are better placed.Understanding of wider FO process including R&A, Tax and FO Data and be a natural integrator to design/deliver e2e FO process. Ability to work and delivery through others would be a key advantage.Good understanding of PDS (Process Data Systems) landscape in the Energy Trading world and significance in ETRM implementation programs along with Data Platforms to transform the E2E architecture and process that is futuristic.Good understanding of best practices in the industry/external mindset and ability to bring in market-based tools wherever required to make the process touch less.Experience in transformational process improvement initiatives with proven abilities to propose standardization across different programs and streamlining opportunities along with methods to integrate and implement new ways of working leveraging tools/ technologies to enhance value while ensuring solutions developed remain cost effective.Ability to suggest simplified business models and integration of acquired companies to deliver simplified and standardized PDS.Stakeholder management and Leadership
Excellent stakeholder engagement, Program management and change management skills, including ability to drive and influence ERA/FO change agenda . Existing relationships with Energy Trading would be an added advantage.Strong leadership skills with an ability to influence stakeholders, excellent communications skills - written and oral.The role involves extensive interactions with various stakeholders and therefore requires a combination of intellect, maturity, strength of character, and an ability to earn respect. Proven organizational and prioritization skills. Manage ambiguity and build strong relationships at global and local levels.Process Data and Systems
Delivery Transformation agenda at ERA level leveraging PDS practicesEnsure ERA process continue to support developing business requirements whilst maintaining a robust financial control framework.Ensure alignment and collaboration with other process excellence organizations (in T&S and FO) and Continuous Improvement teams.Actively support knowledge sharing within the teams that aids standardization/ streamlining of processesStakeholders
Develop and foster connections with relevant business partners and other stakeholders (including other processes) to ensure any issues in the end-to-end process are identified during automation and solutions are implemented quickly.Support and assist collaboration and ways of working between operations teams and business partners as required.Values
Show excellent leadership behavior supporting the organizationEstablish and maintain an office environment supportive of diversity and inclusivenessSupport a safe environment and sustainable working.