Energy Market Analyst

Description:

The OpportunityAre you a strategic thinker with a strong background in the renewable energy markets? We are currently seeking a dedicated and experienced Energy Market Analyst to join our leading energy business in either our Brisbane or Melbourne office. If you have the expertise and passion for energy markets, then we have an exciting opportunity for you! This role offers an exciting opportunity to blend strategic sourcing, National Electricity Market(NEM) expertise, and operational support for retailer relationships. The ideal candidate will drive innovation, ensure operational excellence, and maintain robust tender response capabilities for both energy usage and environmental commodities, while keeping the sales team informed of evolving market trends and retailer dynamics in the Australian market The Role As an Energy Market Analyst at AECO Energy, you’ll play a pivotal role in the global sourcing, purchasing, redemption, and inventory coordination of environmental commodities while also preparing tender responses for both energy usage and environmental commodities. You will also play a critical role in providing data collation, analysis, and tender preparation support to the sales, account management, and settlements teams. A strong technical foundation working within the National Electricity Market (NEM) with a proven ability to analyse generation and consumption data coupled with a deep understanding of environmental commodity standards is essential. In addition, the role provides essential support to the National Operations Manager in managing AU retailer relationships and operational matters. Reporting Line- The Energy Market Analyst is a hybrid role, based in either Brisbane or Melbourne, Australia.- Reports to the ESEM Team Leader. Key Responsibilities 1. Environmental Commodities Management Group Sourcing & Purchasing- Identify, evaluate, and negotiate with suppliers to secure quality environmental commodities that meet regulatory and customer requirements, with a focus on the Australian market.- Collaborate with finance and legal teams to ensure cost-effective procurement and contractual compliance.- Redemption & Inventory Coordination- Coordinate with the Team Leader to manage and update the inventory of environmental commodities using Mercury, our in-house inventory and management system.- Develop strategies to optimize the commodities portfolio and mitigate risks associated with expiry and market fluctuations. Market Analysis & Reporting- Monitor market trends, pricing, and regulatory changes for environmental commodities.- Prepare regular reports detailing inventory levels, financial performance, and redemption outcomes to inform strategic decisions. 2. Engineering & Tender Support Data Collation and Analysis- Gather and analyze customer energy usage data to support the production of accurate energy tenders.- Develop and enhance spreadsheet models to forecast energy demand and usage patterns, ensuring alignment with customer needs. Tender Preparation- Assist in the creation and submission of new and renewal energy tender requests to retailer partners.- Prepare comprehensive tender responses for both energy usage and environmental commodities, ensuring all technical, commercial, and regulatory requirements are met.- Model customer energy usage where necessary to ensure competitive and compliant tender proposals. Internal Support & Administration- Provide office administration services that support timely and accurate service delivery to customers.- Maintain Engineering ISO documentation and ensure compliance with ISO 9001 quality standards, company policies, and workplace health and safety measures. 3. Retailer Relationship & Operations Support Support to National Operations Manager- Collaborate closely with the National Operations Manager to manage AU retailer relationships, ensuring effective communication and alignment with operational standards.- Liaise between retailer partners and internal teams (sales, engineering, and operations) to address issues, optimize tender delivery processes, and maintain strong retailer engagement.- Assist in resolving operational challenges and ensure all retailer-related activities meet contractual and service level requirements. Market Intelligence & Communication- Develop a deep understanding of retailer operations, trends, products, and regulatory changes.- Proactively communicate these insights to the sales team, ensuring they are equipped with the latest market intelligence to tailor customer proposals and tender responses effectively. 4. Process Improvement & Compliance Continuous Improvement- Evaluate current systems and processes, recommending and implementing improvements to maintain a competitive technological advantage.- Work with IT, compliance, and risk management teams to refine procurement, inventory, and tender preparation processes. Standards & Safety- Ensure all tasks are performed in accordance with legal and statutory requirements, company policies, and workplace health and safety measures.- Commit to “The Power Choice Way” by upholding best practices and ethical standards across all responsibilities. Qualifications-Bachelor’s degree in Electrical Engineering or a related technical field. Advanced qualifications (e.g., MBA or Master’s in Renewable Energy) are an advantage.- At least 5 years of experience in renewable energy procurement, commodities management, or a related role.-Demonstrable experience in providing engineering support, particularly in analyzing energy usage and tender preparation.- Experience in managing global sourcing initiatives and supporting retailer operations in a dynamic market.- Advanced proficiency in Microsoft Office suite with excellent keyboard and mouse dexterity.- Experience in developing and using spreadsheet models for data analysis.- Advanced literacy and numeracy skills with the ability to model and forecast energy demand.- Familiarity with proprietary inventory management systems is essential; experience with Mercury is highly desirable.- Excellent verbal and written communication skills.- Ability to work effectively as part of a multi-skilled team, manage changing priorities, and deliver tasks within set deadlines.- Strong problem-solving and analytical capabilities. Working Conditions and Environment-The role may require occasional travel to meet with suppliers, attend industry events, and support retailer and internal team engagements.- Adherence to the Company’s quality system (ISO 9001) and workplace health and safety measures is mandatory. About Us AECO Energy is a solutions provider operating in renewable and deregulated electricity markets of Australia, Singapore and Philippines and is expanding across Asia with renewable energy solutions. Founded in Australia in 2002 and headquartered in Singapore, AECO Energy is a growing innovative energy technology, solutions and trading company. AECO is Award Winning. - CEO of the Year Award at the Asia CEO Awards 2024- Winner of 2024 Gold Asia Pacific Stevie® Award for Innovation in Energy and Sustainability- 2024 Stevie® Award for Tech Startup of the Year- Services- 2023 Bronze Stevie® Award in the Tech Startup of the Year – Software Category- AustCham 2021 Digital Capability Award We are a leading player in the energy sector, committed to delivering innovative and sustainable solutions that power the future. With a strong focus on renewable energy sources and cutting-edge technology, we aim to revolutionize the way energy is harnessed and consumed in ASEAN. Our core ethics: Smart, Rigorous, and Trustworthy We operate under the principles of being Smart, Rigorous, and Trustworthy. We seek efficiency over speed, strategy over tactics and intelligence, and time in the market to yield success. We don't rush. We seek to win. You will need to embody those qualities. Short term sales are just not enough but on a long-haul basis will be preferred Application Notice We appreciate all applicants for their interest in joining our team. However, only those candidates who closely match the job requirements will be contacted for further discussion.