Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Target Resume Now
About the Role
We are seeking an experienced Middle Office professional to manage and execute daily support for EU physical natural gas activities. This role involves P&L reporting, storage contract management, imbalance handling, and invoicing/settlements, ensuring commercial accuracy, robust controls, and timely reporting to key departments.
Responsibilities
- Produce and explain daily P&L for physical gas portfolios, including realised vs unrealised, accruals, provisions, and timing differences.
- Analyze drivers of P&L, such as price moves, volume revisions, FX, fees, losses, and constraints.
- Validate trade capture and market data, resolving discrepancies with Front Office and IT.
- Support month-end close activities, including reconciliations, journal entries, commentary, and audit trail documentation.
- Maintain controls for valuation inputs like indexation, resettlements, and true-ups.
- Ensure accurate capture of storage fees and optionality components.
- Support dispute resolution for storage statements and fees with counterparties.
- Provide imbalance reporting, root-cause analysis, and escalate issues to Trading/Scheduling.
- Own end-to-end invoicing support for physical gas deliveries and services, including volume/price validation and reconciliation.
- Manage query logs and resolve invoicing disputes.
- Reconcile counterparty statements with internal records and escalate significant discrepancies.
- Support credit/collections by providing accurate contractual and operational evidence.
- Maintain high-quality reference data for points, hubs, TSOs, products, units, calendars, and tax fields.
- Develop and maintain reporting tools using Excel/VBA, Power Query, SQL, or Python.
Requirements
- Proven experience in EU physical natural gas middle office operations with a strong understanding of the physical gas trade lifecycle.
- Experience with storage contract economics and operational constraints.
- Comfort with imbalance/cash-out concepts and allocation processes.
- Ability to manage and discuss P&L attribution and reconciliation in a commodities context.
- Familiarity with ETRM systems and statement/invoice workflows.
- Strong Excel skills (pivoting, lookups; VBA desirable) and ability to handle large datasets.
- High attention to detail with strong analytical and reconciliation capabilities.
- Clear communication skills, capable of producing concise P&L and operational commentary.
- Ability to manage deadlines and multiple stakeholders.
Skills
- EU physical natural gas middle office operations
- Physical gas trade lifecycle
- Storage contract economics
- Operational constraints
- Imbalance/cash-out concepts
- Allocation processes
- P&L attribution and reconciliation
- ETRM systems
- Statement/invoice workflows
- Excel (pivoting, lookups)
- VBA
- Power Query
- SQL
- Python
- Data analysis
- Reconciliation
- Communication
- Stakeholder management
- Hub/market familiarity (TTF, NBP, THE, PEG)
- TSO processes
- VAT/tax invoicing basics
- Power BI/Tableau
- Audit/control frameworks
- Process documentation
Location
- EU
Work Type
- Full-time
Experience Level
- Experienced
Salary/Compensations
- Competitive compensation
- Discretionary bonus plan
Benefits
- 25 days of annual holiday entitlement (excluding UK public holidays)
- Medical insurance
- Dental insurance
- Life insurance
- Generous pension contribution
- Supplemental benefits partially subsidised by the Company
- Eligibility for external and internal training
About the Company
- Engelhart was founded in 2013 as a commodities trading company, operating with an "asset light" and diversified business model.
- The company leverages advanced fundamental analysis with deep quantitative and weather research capabilities, underpinned by strong risk management and operational excellence.
- In 2024, Engelhart acquired Trailstone, a global energy trading and technology company, expanding capabilities into physical natural gas and renewable power risk management.
- Engelhart values include Performance, Agility, Collaboration, and Entrepreneurship.
Equal Opportunity
- We believe in inclusivity and are therefore dedicated to ensuring all employees – across gender identity, race, ethnicity, sexual orientation, religion, life experience, background and more – feel welcome and included in the company.
- We promote diversity because we believe it is essential to our ability to think holistically.