Current Vacancies
Senior Forecasting Analyst, Melbourne CBD
Senior Forecasting Analyst
About ZEN Energy
ZEN stands for Zero Emissions Now. That is our call to action and arms for all those passionate about taking action to stop climate change and being part of Australia’s single greatest economy-wide change – the energy transformation.
The key purposes of this role are:
• Provision of high quality quantitative and qualitative analysis of customer demand enabling effective management of ZEN’s hedge position.
• Provision of high quality quantitative and qualitative analysis of generation forecast enabling effective management of ZEN’s hedge position.
• Accurate and real time forecasting to facilitate power station dispatch.
• Thought leadership in the conceptualisation, development, deployment and continual improvement of forecasts to support trading decisions and commercial outcomes.
• Analysis of market trends, strategic customer and generation insights which are fed into decision making processes and aid portfolio optimisation.
ZEN recognises that a strong culture – where all employees have genuine opportunities to thrive and succeed – is a strong driver of business performance. This role exists to drive a culture of accountability and delivery through clarity of direction creating a governance-centric and resilient team.
Reporting to the GM Risk, this role touches key functions in the ZEN business, with a concurrent focus on fostering a growth oriented, positive, and encouraging environment while keeping employees and management accountable to company policies, procedures, and guidelines.
What we will ask you to do.
Drive Energy Markets Gross Margin reliability and profitability through the provision of accurate and timely demand and generation forecasts to manage trading positions and support commercial outcomes, in particular
• Provision of high-quality quantitative and qualitative analysis of customer demand enabling effective management of ZEN’s hedge position.
• Provision of high-quality quantitative and qualitative analysis of generation forecast enabling effective management of ZEN’s hedge position.
• Accurate and real time forecasting to facilitate power station dispatch.
• Continuously review performance of the forecast against actuals to drive improvement and share accuracy metrics and learnings with Wholesale Risk Management Committee.
Contribute to the ongoing enhancement of commercial decision-making through provision and continuous improvement of high-quality forecasts, in particular
• Provide thought leadership in the conceptualisation, development, deployment and continual improvement of ZEN’s in-house forecasting capability.
• Management and improvement of forecasting systems and models.
• Understanding decisions (forecast variances) impact financial results.
• Strategic insights and market trends are fed into decision making processes.
• Impact of electricity, renewable energy market changes on forecasting are understood and updated in methodologies.
• Maintain commercial balance between risk and competitiveness.
Deliver high quality stakeholder management and engagement, in particular
• Manage leadership with the Leadership Team and Trading stakeholders and ensuring their business requirements are met.
• Understanding stakeholder needs and delivering outcomes to multiple stakeholders with varying objectives.
• Represent Risk and Energy Markets in forecasting discussions with internal and external stakeholders.
• Develop communications to enable all stakeholders to speak the same language.
• Lead and develop a team of analysts by providing coaching and mentoring.
• Break down silos and provide the team with strategies to work collaboratively whilst keeping in mind broader business objectives.
Become a Leader within the business – bring your curiosity and ambition along!
• Improve your confidence and competence in relevant skillsets.
• Through constant learning, maintain and develop your own technical and domain knowledge.
• Work in the ZEN way – where you can work across the business on different projects.
• Develop and enhance your knowledge of the energy industry.
As part of the ZEN team, you will be curious, have a bold imagination, strive to be your best in everything you can do and be ready to laugh and have fun at work.
Skills and Experience
• Minimum 3-5 years of experience in Wholesale Energy.
• Tertiary skills in engineering, mathematics, statistics or other quantitative discipline.
Technical Capabilities
• Proficiency in using statistical methods.
• Proficiency in Microsoft suite including but not limited to excel, powerpoint, word etc.
• Proficiency in using databases.
• Intermediate proficiency in Reporting tools preferred.
Interpersonal Capabilities
• You will engage collaboratively with stakeholders across the business and externally as well.
• We would love you to be able to clearly explain and deliver information, even if it is complex.
• A strong attention to detail, self-organisation, and ability to meet deadlines is important.
• You will be passionate about learning the issues relating to the energy industry, particularly in renewables.
• The ZEN values will sit well with you and be reflective of the way you like to work.
Work Environment
We work hard to create a safe working space for all our team, this includes a healthy working culture and environment.
Our Non-Negotiables are:
• We always act safely.
• We respect others’ opinions.
• We seek insights from those who are different to us.
• We are honest and own our failings.
• We strive for excellence individually and as a team.
If you don’t have all these skills, we still want to hear from you. Potential is important to us at ZEN, we don’t know all the answers yet and are looking for people to help us work them out!
Job details:
Location: Melbourne CBD
Onsite requirements: Hybrid (3 days in office)
Ft/PT: Full time permanent role
Salary: $140,000 base plus 11.5% superannuation
Full-time
Permanent
Mid-level Senior
130,000 – 155,000 AUD
FAQS
The change that we want to make starts with our people. We abide by a set of robust and straightforward values:
- Bring ideas, curiosity and an open mind to everything.
- We deliver on our commitments and strive to lead in all we do.
- We laugh and bring joy to each other.
We currently have offices in Adelaide, Sydney and Melbourne, with business support capabilities in Brisbane. We are constantly expanding our client and partner base and are focused on growing throughout Australia.
We are proud of our culture and our conduct.
We have a very clear policy and code of conduct. This code covers the need to act ethically in all our business dealings, in the communities we serve, our customers, suppliers, governments, and governing bodies.
Our code of conduct stipulates the need to act ethically in our dealings. It requires “honesty, respect, fairness and a courteous manner in all dealings with customers, clients, co-workers, suppliers, management and the general public;.”
Every team member is required to accept our code of conduct before commencing employment with the business. Any breach of this code is regarded as a breach of the employment contract.