Trading Manager

Flogas Ireland is seeking to recruit a Trading Manager for a 12-month fixed term contract. This is a varied role to aid a busy and dynamic Department. The role can operate from a Flogas office in either Dublin, Drogheda, Derry, or Belfast in a hybrid capacity.  The successful candidate will work as part of a team responsible for the wholesale trading and pricing activities for the electricity and gas supplier. 

Responsibilities & Supporting actions 

Trading 

• Trading and managing of forward gas and electricity positions  
• Balancing of short-term electricity and gas positions 

Pricing 

• Pricing of commercial and industrial customers along with commercial teams 
• Pricing of power purchase agreements (PPAs) across renewable generation technologies 

Forecasting and Settlement 

• Supporting finance teams with regular forecasting of wholesale costs 
• Assisting with settlement and reporting of out-turn wholesale costs 

Hedging Strategy and Analysis 

• Assessment and refinement of hedging strategy 
• Analysis and optimisation of margins through pricing activity 
• Ad hoc analysis as required  

People 

• Managing assigned direct reports from a people leadership perspective, including employee performance, training & development. 

Other Activities and Responsibilities 

• Manage counterparty collateral positions and margin calls 
• Represent Flogas and Budget Energy on Industry Forums 
• Review regulatory/ market consultations and prepare responses 
• Assessment and onboarding of trading counterparties 
• Review market development impact assessments and lead the implementation of necessary changes 
• Take part in necessary project work from time to time 

Criteria 

• Data management skills with advanced knowledge of excel, databases, SQL, VBA 
• Knowledge of energy/commodity markets 

Competencies 

• Analytical  
• Commercial focus 
• Organised and adaptable 
• Ability to communicate with internal and external stakeholders 

Knowledge & Skills: 

• Degree level qualification in either a business, mathematics, engineering or finance discipline 
• Minimum of three years’ experience in a similar role/environment 
• Able to effectively manage and coach 
• Excellent IT skills, particularly in Microsoft Excel  
• Strong communication skills and the ability to take ownership and responsibility for the role  
• Strong attention to detail  
• Works under pressure, deadline orientated and flexible working attitude 

Recruitment for this role is carried out locally. To apply for this position please visit our careers website at https://www.flogas.ie/flogas-our-company/why-work-for-flogas-ltd/current-vacancies/

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