ERA Lead Process Architect
Energy Risk and Accounting (ERA) team plan an important role in the life of a deal (LoaD) covering processes such as pre-settlements & settlements for buy/sell transactions, period end close including accruals & inter group matching/reconciliations, inventory reconciliation/valuation, M2M/specific accounting, Trade book to financial reconciliations, balance sheet reconciliations, Group disclosures, CI, controls/SOX compliance and audit activities. The processes are complex and often time critical; they involve working closely with different teams embedded within the LoaD of Trading business, particularly the commercial/BIAM operations teams at the different Trading hub locations.
ERA process currently relies on multiple ETRM & SAP systems (with some connected applications) to perform their scope of work cited above. There are strategic programs under way (known as ADA in Energy Europe and ASPIRE in SEAm) to implement (i.e., replacing current ETRMs with) the latest version of ENDUR as standard ETRM, bring in standard data platforms/connected applications and market centric tools where needed to simplify our complex PDS (process, data and system) landscape. This transformative exercise also involves bringing preventative controls, standardize the way we work and bring in efficiencies with streamlined processes for Energy Trading businesses. Energy Businesses covering Gas, Power and EPT are growing rapidly with the complexities and subject to regional/local compliance requirements/competition. Though the transformation is underway for Energy Europe and North America, such transformation exercise is expected to be extended to Energy Australia, Energy Asia and Global LNG businesses. Setting up a simple, agile, standard and scalable PDS landscape is paramount to provide competitive advantage to the business.
The purpose of this ERA Lead Process Architect is to assess the current design, understand requirements/pain areas, use the external lens and design the best-in-class future state design, lead and deliver the transformation roadmap. This role will focus both on current systems landscape to ensure continued stability and to assess areas of opportunities that can be addressed through transformation, process reengineering leveraging Process data and systems (PDS) optimization practices. This role will also play a natural integrator role for wider FO scope in the transformation projects. Energy Trading business is likely to replace its current SAP/P80 platforms with S4 HANA in the near future. The PDS landscape and the design which we put in as part of the above transformation exercise, should be S4 HANA ready.
The Energy Trading and LNG business acquire companies frequently. The role of this ERA Lead Process Architect is to bring in such acquired entities closer (i.e., integrate them) to the PDS design as designed in the above transformation.
As these PDS transformative Projects are expected to be a multi-year journey, the expectation for the role holder is to support design, lead and deliver execution. This role will have high visibility with stakeholders regionally and globally as it involves extensive collaboration and influencing across all Process Executive.
The T&S business (particularly Energy Trading business) is rapidly changing and the challenges for the next few years will be to support these business changes in a sustainable way while ensuring ongoing operations keep delivering to a high standard.
The role will also focus on other BAU activities such as onboarding new markets, new instruments, new trading venue/exchanges and complex deals to settle down till the transformation is initiated.
Though this role will primarily focus on PDS transformation projects in the Energy/LNG Trading businesses in the medium term, this role will also focus on other BAU activities such as onboarding new markets, new instruments, new trading venue/exchanges and complex deals to settle down till the transformation is initiated. The key aspect of the role is to ensure convergence between the Energy Trading business with a view to standardize wherever possible. This role will start as an Individual Contributor and may lead to a team lead capacity in the future.
In summary, the role provides an excellent opportunity for a motivated individual to quickly gain deep knowledge/experience of a fast moving/ exciting Trading business, related processes/data/system experience, automation/digital transformation and extensive stakeholders management skills to work with business partners and our operations teams to ensure top quartile performance.