EU Physical Gas Specialist (Middle Office Operations) (Energy)

TL;DR

EU Physical Gas Specialist (Middle Office Operations) (Energy): Managing daily support for EU physical natural gas activity with an accent on P&L reporting, storage contracts, and imbalance management. Focus on ensuring accurate commercial outcomes, maintaining a strong control environment, and optimizing invoicing and settlement workflows.

Location: London, United Kingdom

Company

Commodities trading company founded by BTG Pactual Group, specializing in diverse global assets and the energy transition.

What you will do

• Produce and explain daily, weekly, and monthly P&L for physical gas portfolios, including flow, storage, and balancing.
• Manage storage contracts, ensuring correct capture of fees and optionality, and resolve disputes with counterparties.
• Provide imbalance reporting and root-cause analysis for TSO and hub-specific operations.
• Own end-to-end invoicing and settlement processes for physical gas deliveries and services.
• Maintain high-quality reference data and develop reporting tools using Excel, SQL, or Python.

Requirements

• Proven experience in EU physical natural gas middle office operations and the physical gas trade lifecycle.
• Strong understanding of storage contract economics, operational constraints, and imbalance/cash-out concepts.
• Ability to manage P&L attribution and reconciliation within a commodities context.
• Familiarity with ETRM systems and invoicing/settlement workflows.
• Advanced Excel skills; knowledge of VBA is highly desirable.
• Must be based in or have the right to work in London, UK.

Nice to have

• Familiarity with EU hubs such as TTF, NBP, THE, and PEG, and exposure to TSO processes.
• Knowledge of VAT and tax invoicing basics for European energy commodities.
• Proficiency in Power BI, Tableau, SQL, or Python for process automation.
• Experience with audit/control frameworks and process documentation.

Culture & Benefits

• Competitive compensation package with participation in a discretionary bonus plan.
• 25 days of annual holiday entitlement plus UK public holidays.
• Robust benefits including medical, dental, life insurance, and generous pension contributions.
• Eligibility for internal and external training and development programs.
• Collaborative environment driven by performance, agility, and entrepreneurship.