Balance Settlement Specialist

We are looking for a Balance Settlement Specialist to join our Balance Settlement team in Espoo (Finland), Solna (Sweden) or Oslo (Norway). 

About the Role
At Fortum, our Balance Settlement is the crucial link between electricity production, physical trading, and financial reporting. We are responsible for managing imbalance settlement for the Balance Responsible Party (BRP) role in the Nordics, ensuring seamless operations and accurate financial outcomes. Our team supports both Physical trading and our B2B business in the operational work but also in development.

As a Balance Settlement Specialist, you will be responsible for various daily operational tasks, ensuring accurate data reconciliation for production and consumption trading across multiple countries. You will play a vital role in identifying discrepancies, reviewing production and consumption data, and verifying trading data with external sources like Nord Pool and eSett.

You will also have the opportunity to contribute to ongoing process improvements and development projects, where your expertise will be valuable. This role involves close collaboration with internal and external partners.

About You
We are looking for a motivated and detail-oriented individual with a strong interest in the energy sector and numbers. You should be comfortable working both independently and collaboratively in a team spread across locations in the Nordics.

In order to succeed in this position, you will have:

• Relevant university level degree (or equivalent in experience)
• Work experience from the energy industry with physical trading, balance settlement and/or back office tasks experience is a plus
• Knowledge of Brady EDM system is an advantage, but also strong Excel and other computer software skills, such as Power BI
• Ability to communicate with several stakeholders and handle a variety of different topics during your work day
• Ability to be self-driven and organized in your work
• Fluency in English
• Fluency in spoken Finnish and/or Swedish or Norwegian is a benefit for the position holder to effectively collaborate with the team and engage with the local TSO and comply with legislation.

Your daily tasks will require a strong attention to detail and an ability to work with numbers systematically. You should also be motivated to contribute to process improvements within the team. Familiarity with the Nordic energy system and/or different balance settlement vendors is a plus.

We offer you

In Balance Settlement we offer you a position in an international team and interesting work combined with good career opportunities. Working in the team offers you a good overview of the world of Nordic electricity trading. The market is going through big changes both due to growing proportion of renewable energy sources and due to regulation changes. This is a very interesting time to be involved in the electricity market.

We as a team are there for each other. You also get to bring your ambitions, expertise and personality to the group and grow to be a valuable part of the team. As a specialist you can affect how you and the team work. You get an opportunity to co-operate with Finnish, Swedish and Norwegian colleagues.

At Fortum, we believe in a better future and want to be involved in shaping it. Our workplace is a safe place, both physically and mentally. You will grow with professional colleagues, being trusted and free to challenge yourself. We offer comprehensive benefits, flexible working hours, and hybrid work model to support your productivity, development and wellbeing. We are committed to build diverse teams where everyone feels included and is treated equally.

Interested?
Submit your application latest on 6/10/2025. We start contacting suitable candidates already during the application period. If you have questions and would like to hear more about the position, please contact Margit Moen, Margit.Moen@fortum.com, +4790097254.

Contact details to Swedish union representatives can be found on the bottom of this page.

To be selected for the position, the applicant must go through background clearance

We are Fortum

Fortum is a Nordic energy company. We generate and deliver reliable energy to our customers and the Nordic energy system while at the same time helping industries decarbonise their processes and grow. Our core operations comprise efficient and best-in[1]class low-carbon power generation, customer services, and heating and cooling. Fortum’s power generation is already 99% from renewable or nuclear sources with one of the lowest specific CO2-emissions in Europe. We are guided by our ambitious SBTi-validated emission reduction targets on our way towards net-zero by 2040. For our ~4,500 
employees, we commit to be a safe and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com