Balance Settlement Specialist

We are looking for a Balance Settlement Specialist to join our Balance Settlement team in Solna, Sweden.

About the Role

The Balance Settlement team serves as a key link connecting electricity production, physical electricity trading, and financial reporting. Our primary responsibility is managing imbalance settlement for the Balance Responsible Party (BRP) role at Fortum in the Nordics. Our team supports both Physical trading and our B2B business.

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 be part of a highly skilled Balance Settlement team with the opportunity to take ownership of key areas and contribute to the strategic development of our processes, solutions, and ways of working. Your expertise and operational insight will help shape how our division evolves, supports business priorities, and responds to a changing Nordic energy market.

As a trusted expert, you will play an important role in supporting strategic business initiatives and customer-related cases, providing insights and expertise that help drive informed decisions and long-term value creation.

This role also involves close collaboration with internal and external partners to drive improvements with a real business impact.

About You

We are looking for a motivated and detail-oriented individual with a strong interest in the energy sector, numbers, and the development of how data is used to improve processes and create business value. 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
• Strong Excel and other computer software skills, such as Power BI. Knowledge to ready EDM system is an advance.
• 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 Swedish is mandatory 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 works. You get an opportunity to co-operate with Finnish, Swedish and Norwegian colleagues.

Furthermore 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.

More information about our culture and benefits can be found here.

For permanent employment with Fortum Sverige AB, you may be assigned a wartime posting within the organization. For further information regarding wartime posting, please refer to the Swedish Civil Defence and Resilience Agency.

Interested?

Submit your application latest on 6/9/2026. 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 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-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