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Met Group

Integrated energy trader, gas storage

Head of Operations - Switching, Billing & Cash Collection

Full-Time
No salary listed
Senior, Expert
Bachelor's
Madrid, Spain
Hybrid
Business & StrategyBusiness Operations

About the job

Requirements
  • A university degree.
  • At least 5 years of experience in energy retail operations, with direct, hands-on ownership of switching, billing, or cash collection in the Spanish market.
  • Solid command of the Spanish regulatory framework for residential electricity and/or gas retail, including ATR processes, tariff structure, regulated charges, supply-interruption rules, and consumer protection obligations.
  • Proven experience setting up processes, procedures, and teams from scratch.
  • Strong practical understanding of the meter-to-cash chain and the operational, commercial, and regulatory constraints that shape it in a business-to-consumer environment.
  • Demonstrable practical understanding of artificial intelligence and automation applied to operational problems.
  • Comfort with SQL, data models, application programming interfaces, and file-based integrations.
  • Experience acting as business owner for a core operational platform, including defining requirements, supporting vendor evaluation, driving user acceptance testing, and conducting business validation alongside an information technology organization.
  • Fluency in Spanish and English, written and spoken.
Responsibilities
  • Act as the business reference point for switching, billing, invoicing, and cash collection across the Spanish operation and subsequently across additional markets.
  • Design and own the end-to-end switching process, including ATR request management, SIPS data validation, contract activation, and exception handling.
  • Define the operational interface with distribution system operators, including e-distribución, i-DE, UFD, e-redes, Viesgo, and regional distribution system operators.
  • Manage the operational side of customer exits and win-back, including debt-related switching constraints.
  • Design the billing cycle end to end, including meter data acquisition and validation, estimation logic, tariff application across residential electricity and gas structures, rebilling, and corrections.
  • Design and run the collections function, including SEPA Core direct debit cycles, Cuaderno 19 / 19-14, bank reconciliation using Cuaderno 43, returns and unpaid handling, and alternative payment methods.
  • Write the operating model, including process maps, standard operating procedures, RACI, a control framework, and an escalation model suitable for regulatory and financial audit.
  • Hire, structure, and lead the operations team.
  • Identify, prioritize, and specify artificial intelligence use cases across the meter-to-cash chain.
  • Set the target automation ratio for each process and increase it every quarter.
  • Collaborate across Offering, Growth, Customer Service, and Finance on the business side, and Product, Architecture, Engineering, and Data on the delivery side.
Desired Qualifications
  • Italian, French, or German language skills.
  • Experience in one or more other European retail energy markets, particularly France, Germany, or Italy.
  • Familiarity with a modern billing or customer information system platform, such as SAP IS-U or S/4HANA Utilities, Salesforce Energy & Utilities Cloud, Gentrack, Hansen, Powercloud, Kraken, or an equivalent platform.
  • Experience in a start-up or scale-up environment and comfort operating without an established playbook.
  • Experience with collaboration and documentation tools such as Jira, Confluence, Miro, Visio, Signavio, or business process model and notation tools.

About the company

MET Group trades and wholesales natural gas across Europe, using a network that spans 30 national markets and 22 trading hubs, and it owns gas storage capacity including a 2 TWh operator to balance supply. Beyond gas, it is expanding into renewable energy such as solar and wind to diversify its assets. Its size and mix of trading, storage, and energy infrastructure differentiate it from peers that focus on a single area. Its goal is to support the clean energy transition by building a diversified portfolio that combines gas trading, storage, and renewable energy assets across Europe.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$2.6B

Headquarters

Zug, Switzerland

Founded

2007

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Simplify's Take

What believers are saying

  • MET closed a €1.2 billion borrowing base facility in 2026, extending to €1.8 billion.
  • MET added KGE in July 2025, expanding German gas storage by 2 TWh.
  • MET reported 2025 revenue of €28.6 billion and 435 MW solar-wind capacity.

What critics are saying

  • Europe's gas demand decline after 2026 threatens MET's trading-heavy revenue base.
  • Mega, KGE, and BESS acquisitions stretch integration across Germany, Belgium, France, and beyond.
  • Benjamin Lakatos remains executive chairman, keeping founder control tight during strategy execution.

What makes Met Group unique

  • Huibert Vigeveno, former Shell executive, became MET Group CEO on January 1, 2026.
  • MET spans 30 gas markets, 22 trading hubs, and 5.2 TWh storage.
  • MET owns customer, storage, and generation assets across gas, power, and renewables.

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Benefits

  • Professional Development Budget
  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

14%

2 year growth

15%
CEENERGYNEWS
Jul 7th, 2026
MET Group closes oversubscribed $1.3B credit facility for sales and trading

MET Group closed a €1.2 billion credit facility for its sales and trading segment, with the financing transaction significantly oversubscribed. ING Bank coordinated the arrangement, whilst Coöperatieve Rabobank, Natixis CIB, and Société Générale served as lead bookrunners. High market demand allowed the company to expand the facility size by €100 million. The contract includes an option to raise the total limit to €1.8 billion. Japanese bank MUFG joined the syndicate as a new partner. According to MET, the transaction provides financial flexibility for the company's strategy and helps build its supply network around customer needs. Ankur Khera, MET Sales & Trading CFO, said the strong oversubscription reflects continued trust from banking partners and endorses the company's strategy and disciplined growth approach.

MET Group
Oct 17th, 2025
MET Group to acquire full ownership of MET Slovakia

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Black Zonure SRL
Jul 7th, 2025
MET Group Acquires KGE in Germany

MET Group, a European energy company based in Switzerland, has acquired 100% of KGE, a natural gas storage operator located in Gronau, North Rhine-Westphalia, Germany. This acquisition enhances MET Group's investment in natural gas infrastructure within Germany.

Mediarey Hungary Services Zrt.
Nov 25th, 2024
MET Group acquires Comax France for expansion

The MET Group acquired 100% of Comax France, entering the French electricity market. Comax, founded in 2003, operates a 170 MW thermal power plant and a 29 MW battery storage system, with plans for further battery projects. MET, present in 30 gas markets and 22 trading points, received a €53 million investment from Keppel Corporation in 2020. Majority-owned by Lakatos Benjámin, MET is 90% employee-owned, with Keppel holding 10%.

Verslo žinios
Jul 29th, 2024
MET Group secures €1.1B loan

Swiss company MET Group, aiming to acquire Achemos Group, signed a €1.1 billion loan agreement to finance its sales and trading segment. The loan, coordinated by ING Bank and joined by Rabobank, Natixis CIB, Société Générale, and 13 other international banks, can be increased to €1.7 billion. This agreement supports MET's gas, LNG, and electricity trading operations. In 2023, MET Group's consolidated sales revenue was €24.5 billion.