Energy Procurement Manager
2 weeks ago
Compensation Type: Salary (commensurate with experience) + Bonus + Benefits
Location: Fairfield, NJ (Hybrid)
COMPANY OVERVIEW:
Transparent Energy is a privately owned and operated Energy Consulting firm. Bringing together 20+ years of industry experience and unique industry specific software, we have successfully consolidated the traditional drawn out process of energy procurement into an efficient and cost-effective platform.
JOB OBJECTIVE:
This position will be responsible for sourcing electricity and natural gas commodity supply offers and agreements for a range of commercial and industrial clients with a focus on energy analysis, product recommendation and implementation, and overall risk management. This role will interface with a national network of retail energy suppliers and energy consultants in North America to facilitate daily procurement activities across all deregulated power and gas markets. Responsibilities will include, but not be limited to, market intelligence development, tariff and load analysis, renewable energy project support, market assessment, risk management, strategy development, contract negotiation, contract management, and client interaction. The SEPM will also support the Director on various strategic procurement initiatives with the Executive Leadership team. Applicants should be diligent, highly detail-oriented, organized, and possess an advanced understanding of domestic and global energy market fundamentals and mechanics. Our search for candidates focuses on a background in energy commodities operations, hedging strategies, retail pricing analytics and an ability to apply critical thinking to an array of energy procurement opportunities. This position will work with the both the internal BDM team and external channel partners to achieve customer satisfaction, supplier engagement, revenue generation, and long-term account retention.
KEY RESPONSIBILITIES AND ACCOUNTABILITIES:
- Present pricing recommendations to internal and client management.
- Facilitate the contracting process including confirming contract executions with suppliers
- Create and administer hybrid auction approach in Company’s proprietary software
- Develop strong support relationships with functional leaders and key site operations personnel across all business units
- Utilize primary sources of market intelligence and learn to disseminate and present this information to prospects, employees and partners to recommend executable buying strategies.
- Assist the BDM team with effectively communicating market intelligence and market risk and TE clients with those insights as required.
- Provide further assistance related to Pricing duties as requested by Managing Partners.
- Maintain & organize data and communication corresponding to pricing activity within the company and with Third Party Suppliers.
- Assist in the creation, organization, and distribution of market intelligence across the firm.
- Utilize existing knowledge to facilitate continued development of proprietary software platform
- Process contract data post-execution for internal records
- Continually assess and improve the working knowledge of their colleagues on the Energy Procurement team
JOB REQUIREMENTS:
- 3+ years of previous energy industry experience required – commercial & industrial commodity procurement experience preferred
- Bachelor’s degree in economics, finance, or related major
- Strong written and verbal communication capabilities
- Superb multitasking ability and management
- Exceptionally organized, efficient
- Task oriented and self-motivated
- Advanced Excel, Power BI experience preferred
- Proficiency with Outlook, PowerPoint, and Word
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