RESPONSIBILITIES:
- Overall responsibility for the design, organisation and continuous optimisation of the electricity supply portfolio.
- Monitoring and optimisation of the balance between generation, supply and consumption.
- Analysis of customers’ energy profiles and optimal allocation of energy quantities.
- Analysis and monitoring of profitability per customer and customer category.
- Identification of opportunities to reduce supply costs and increase profitability.
Commercial Strategy and Development:
- Development and implementation of the company’s commercial strategy in the field of electricity management falling within the company’s portfolio.
- Preparation of studies and submission of recommendations for new commercial strategies and pricing policies.
- Identification and development of new business opportunities, with emphasis on corporate clients (B2B) for the purchase and supply of electricity.
- Determination and evaluation of tariffs, discounts and commercial terms with the aim of maximising profitability.
- Participation in the drafting and negotiation of Power Purchase Agreements and Power Supply Agreements (PPAs and PSAs) and other contracts.
- Monitoring of the competitive electricity market.
- Optimisation of costs, commercial supply terms and processes to reduce market risk and safeguard the brand name.
Electricity Market:
- Formulation, implementation and supervision of the bidding strategy (bids) in the electricity markets (Day-Ahead, Forward).
- Ensuring the timely and correct submission of the required declarations and bids.
- Monitoring of market conditions, prices and the energy needs of the portfolio.
- Monitoring and application of the Cyprus Electricity Market Rules.
Financial Management and Profitability:
- Monitoring of the financial performance of the Supply Department, including revenues, gross profit margin, supply costs and operating expenses.
- Preparation of monthly reports on sales, expenses, management of electricity quantities (MWh) and presentation thereof to the Board of Directors.
- Preparation and monitoring of the Department’s budget in coordination with the head of the Accounting Department.
- Analysis of the profitability of the energy and customer portfolio.
- Recommendation of actions to improve profitability.
- Collaboration with the Accounting Department and the other departments of the Group.
Risk Management and Business Continuity:
- Identification and management of commercial, energy, operational and financial risks.
- Development and implementation of procedures to reduce the company’s exposure to market risks.
- Ensuring business continuity and the uninterrupted operation of the Department.
Regulatory Affairs and Compliance:
- Monitoring of the regulatory framework and developments affecting the electricity market.
- Collaboration and communication with CERA (RAEK), the Transmission System Operator (TSO/ΔΣΜΚ), the Distribution System Operator (DSO/ΔΣΔ) and other competent bodies.
- Recommendation of the necessary actions for the company’s timely compliance.
- Collaboration with the Group’s internal Legal Counsel and external legal advisors.
QUALIFICATIONS:
Education:
- University degree in Engineering, Business Administration, Economics or another related field.
- A postgraduate degree in Energy, Economics, Business Administration or a related field will be considered an additional qualification.
Professional Experience:
- At least three (3) years of experience in a managerial/executive position with a team of at least five (5) people under management.
- Experience in electricity supply, sales, profitability analysis, revenue and expense control, commercial relationship management and/or business development will be considered an additional qualification.
- Knowledge of the Cyprus Electricity Market Rules and the operation of the competitive electricity market will be considered a significant advantage.
Skills and Competencies:
- Strong leadership, managerial and organisational skills.
- Ability to make decisions and manage complex situations.
- Strong communication and negotiation skills.
- Ability to collaborate effectively with senior management, clients, producers and regulatory authorities.
- Excellent knowledge of the Greek and English languages.
- Very good knowledge and use of Microsoft Office, with particular emphasis on Excel.
BENEFITS:
- 13th salary.
- 21 days of annual leave.
- One additional day of leave on the employee’s birthday.
- Flexible working hours, with the possibility of arriving between 07:00 and 09:00 and corresponding adjustment of departure time.
- Green Benefits Card, after completion of six (6) months of service.
- Possibility of postgraduate studies or attendance of training courses, with financial support from the company, subject to approval and under a separate Training Contract.
SALARY:
- EUR 40,000 - 59,000 gross per annum (NEGOTIABLE)