Lead Energy Costing Analyst

Title of job Lead Energy Costing Analyst

Reports to Head of Energy Costing

Division / department Commercial

Location Leeds

Date March 2026

Purpose of the job:

Working as part of a the Energy Costing & Pricing team (12 FTEs) within the Commercial Department this role will

support ENGIE to:

- Achieve an acceptable, managed and mitigated level of exposure to costs and risks associated with

commodity and third party charges, which simultaneously provides a competitive price in the market, for both

downstream and upstream customers

- Realise our ambitions of supplying 100% green power by 2029 and continuing to grow our portfolio.

Key Accountabilities:

• Ability to frame and simplify complex system interactions between the CRM, CPQ and other systems

• Acts as a key custodian of costing and pricing modelling standards, to ensure a framework that is effectively

implemented and operated across the business

• Adhere to and develop internal processes, policies and risk frameworks

• Develop, maintain and improve models for cost and risk exposure analysis, cost forecasting, premium

determination and pricing calculations, ensuring pricing friction is kept to target levels

o Be a key player in our transision away from Excel and into Dataiku

• Design next-generation cost forecasting models, set modelling standards and lead improvements to

business processes relating to the non-commodity cost forecasting

• Ensure appropriate communication to senior management and the wider business of issues/solutions,

regulatory changes and updates

• Grow knowledge of others through;

o Being an approachable Subject Matter Expert within the Energy Costing team

o Communicating cost change notifications to key stake holders

o Designing and delivering training programmes to upskill those both within the Energy Costing team,

but also around the wider business

o Sharing experiences through coaching and mentoring as part of the Commercial mentoring

programme

• Influence senior management in their decision-making on topics related to non-commodity cost components

• Leads the conceptual design of new costing and pricing frameworks to support emerging regulatory,

commercial, or operational requirements.

• Maintenance of costing and pricing related data in relevant systems (Gorilla, Junifer, SalesForce)

• Monitoring and understanding the regulatory landscape, assessing the impacts of industry change on pricing

methodologies and cost forecasts, as well as communicating and contributing to the resolution of any issues.

• Provides expert guidance across all upstream and downstream costing and pricing activities.

• Responsible for reporting on Economic Accounting Gap and Key Performance Indicators (KPIs) to allow

effective management of costs and charges, and to propose and implement action plans to ensure they are

maintained within acceptable parameters.

• Shape strategic discussions by providing insight on cost drivers, portfolio impacts, and long-term modelling

considerations.

• Strategic thinking with strong commercial acumen to balance competitive pricing with cost recovery

• Supports strategic costing and pricing activity across ENGIE's full UK energy portfolio, ensuring consistent

approaches across diverse customer groups, products, and commercial structures.

Outcome, Results and Key Performance Indicators: • Assess the impact of market and regulatory changes on pricing policies/methods • Collect and analyse cost/market/regulatory data and propose timely updates to cost recovery forecasts and risk premiums to ensure the impact of costs and premia on turnover and margin are well understood and optimised • Data correctly ingested into quoting and pricing systems • Ensures that costing and pricing analytical outputs reliably inform enterprise-wide decisions covering key commercial, financial and regulatory topics. • Gross and Net Economic Accounting Gap, as well as co-ordinating any actions required to resolve. • Prepare internal governance papers for significant changes to pricing policies/methods • Propose improvements to policy and methodology to improve risk management, competitiveness, effectiveness • Provide support and advise the wider business on bespoke price requests and large/complex quotations/tenders, resolution of data/price validation exceptions, ad-hoc queries on pricing • Regularly analyse effective functioning of pricing policies/methods (e.g. pricing competitiveness) • Regularly contributes to shaping cost‑recovery strategy and long‑term methodological direction by offering advanced modelling insights and scenario-based evaluations. • Support colleagues within the Pricing Team and department using appropriate skills and knowledge where needed, noting any impacts on the wider organisation and ensuring these are resolved • To recover revenues in line with costs • To provide appropriate level of query management and support to the wider business in respect of Costing & Pricing activity for a catalogue of existing products as well as new propositions for gas/power and upstream/downstream

Dimensions of job:

• No direct reports

o Changes to this can be explored should the successful candidate want to develop line

management experience at a later date.

• This role is available as a full-time position or can be tailored to a 4-day week for the right candidate

Key relationships:

• Internal: All departments, in particular; Line Manager, Retail Operations department, Sales, Billing, Finance,

IS, Legal.

• External: TSO/DNO, Elexon, Xoserve, Ofgem, Industry pricing/working/governance groups, External

Consultancies, External Auditors

Knowledge and skills: Hard Skills: • Advanced Microsoft Excel skills including VBA • PowerBI • SQL • Python o Proven experience of developing Jupyter notebooks and .py scripts for ad-hoc reporting and for routine tasks is desirable. o Experience with Git and environment management Soft Skills: • Ability to demonstrate a practical approach to problem solving, especially the use of creativity to resolve novel problems to the business's advantage • Ability to present technical information to a range of stakeholders • Coaching or mentoring others to realise their potential • Demonstrates the ability to operate as a functional steward, shaping modelling practices and guiding others through complex analytical and methodological issues. • Knowledge of commodity markets • Knowledge of retail pricing policies/methodologies and systems. • Knowledge of elements that contribute to final delivered prices and cost items incurred by business in course of gas and electricity supply

Experience:

• Demonstrated ability to succeed in a complex environment

• Experience of retail pricing techniques and systems would be highly advantageous

• Experience of coaching, mentoring or training others

• Proven ability to undertake analysis of complex problems through the use of regression, time-series

analysis and scenario simulations

Qualifications:

• The ideal candidate will have a degree level qualification in an analytical discipline, or

specific related experience

Behavioural Capabilities:

• Advanced scenario modelleing skills

• Conceptual framework design skills

• Customer focused

• Committed to a high standard of performance

• Drive to achieve continuous improvement

• Effective communication skills, able to influence at all levels of the organisation

• High level of attention to detail

• Strong commercial acumen

• Systems thinking

Business Unit: Supply & Energy Management

Division: BP B2B UK

Legal Entity: ENGIE POWER LIMITED

Professional Experience: Skilled ( >3 experience <15 years)

Education Level: Bachelor's Degree

Company Name: ENGIE UK