Forecasting Analyst | Shell | ALLY
Forecasting Analyst

About the Job

Job Details

Full-time

Unspecified

Other

Requirements

Job Description

Queensland, Australia


Job Family Group:

Trading Jobs


Worker Type:

Regular


Posting Start Date:

September 14, 2023


Business unit:

Downstream


Experience Level:

Early Careers


Job Description:

What’s the role?

The Forecasting Analyst role is responsible for developing and managing load forecasts over the life of current customer contracts. Accurate and timely forecasts enable the Trading team to make informed decisions and implement hedging strategies to minimize market exposure.

 

The role will liaise heavily with stakeholders within Trading & Supply, and the Retail Energy team and may deal directly with various customers to obtain information regarding current & future operations.

Your accountabilities include the following:

  • Develop and maintain demand forecasts in Electricity Energy Markets and associated Environmental product markets for Commercial & Industrial (C&I), Small to Medium Enterprise (SME), and Retailer LFH (Mass Market) segments.

  • Ensure all newly contracted, re-contracted, lost, or de-energized sites are included in and/or removed from forecasts in a timely manner.

  • Liaise with Account Managers or directly with customers to ensure forecasts are based on the most up to date information. 

  • Adjust forecasts as necessary to include ramp up or down in usage, expected future outages, scheduled maintenance, and changes in growth expectations

  • Ensure appropriate loss factors are applied to individual sites and adjust where necessary.

  • Continually monitor how customer and portfolio forecasts are tracking to actual consumption and investigate discrepancies.

  • Liaise with Billing & Transfers team regarding meter data completeness and understand the flow on impact to forecasting.

  • Prepare ongoing Emissions Liability reporting and respond to ad-hoc requests from Trading for compliance purposes.

  • Assist in documentation of processes, model logic, assumptions, and verification to meet Audit requirements as necessary, and ensuring ongoing compliance is demonstrable

  • Other ad-hoc analysis is a regular requirement of this role

Crucial to the success of this role is the ability to work collaboratively and lead effectively across multi-functional teams and interface with a wide range of internal and external stakeholders, based in various locations, and being able to work autonomously.

At times, support for the broader Forecasting Team (including Gas Forecasting) is required to ensure delivery of customer requirements in the markets we currently trade in.

What we need from you

We are keen to speak to professionals with the following:

  • A tertiary qualification (Bachelor or higher degree) Mathematics, Statistics, Accounting, Business, Finance or equivalent

  • Industry experience or knowledge of the National Electricity Market (NEM) and AEMO’s Wholesale and Retail Gas Markets (highly regarded)

  • Thorough knowledge of Microsoft Excel & proficiency in all other Microsoft packages

  • Strong analytical and problem-solving skills, high level of accuracy and attention to detail

  • Experience in Python, VBA, SQL, programming languages and PowerBI (highly regarded)

  • Excellent organizational and time management skills, ability to work under pressure and meet tight timeframes

  • Good communications skills both written and oral

The successful candidate should be an Australian Citizen or Permanent Resident. Aboriginal candidates are strongly encouraged to apply. At Shell we believe that every individual has something valuable to offer. We understand that the more diverse the workforce, the wider the variety of ideas we bring to the table. ?

We are keen to support flexible working arrangements, subject to local regulations and legislative frameworks. If this is of interest to you, please describe in your application the type of flexible working arrangements for which you would like to be considered.

More about Shell in Australia

Shell Australia is a leading natural gas producer, and we are playing our part in the transition to a low-carbon future by also investing in the power sector, renewable energy sources and carbon abatement activities. A Shell career offers opportunities to work on innovative projects such as the Prelude floating LNG facility offshore of Western Australia and the QGC onshore gas business in Queensland. Beyond these are a wide range of Shell’s New Energies development opportunities. Join Shell and let’s power progress together with more and cleaner energy solutions.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.

  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

-


DISCLAIMER:

Aboriginal candidates are strongly encouraged to apply. At Shell we believe that every individual has something valuable to offer. We understand that the more diverse the workforce, the wider the variety of ideas we bring to the table. Shell values diversity and offers: flexible work schedules, work and family programs, health and wellness programs, employee networks and mentoring, plus great training and development. The successful candidate should be an Australian Citizen or Permanent Resident. Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

About the Company

Mission & Values
Awards
Our shared mission and purpose

Collaboration is critical to our success. Inclusion and inclusive behaviours are at the heart of effective collaboration, be it with team members, colleagues in other parts of our company, partners in our joint ventures, or most importantly with our customers.

Our awards and recognition
Through our work, we're proud to share some of our earned awards in the industry.
2023 GRIT Awards - The Best Energy Workplaces Award Winner
2023 GRIT Awards - The ESG and Climate Champion
2023 GRIT Awards - The Executive Award
2023 GRIT Awards - Affinity, ERG, BRG Award Winner
2023 GRIT Awards - Best Affinity Group, Employee Resource Group Award Finalist, sponsored by Southwestern Energy
2024 GRIT Awards - The Best Affinity Group, Employee Resource Group, or Business Resource Group Award Finalist

Forecasting Analyst

at Shell

709 days ago

Full-time

Unspecified

Other