Group Strategic Finance and Treasury Lead

Octopus Energy

3800

London, UK, United Kingdom

Posted on: 2024-08-30

Category: energy

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

We're on a mission to make a big green dent in the universe by building a truly sustainable energy system globally.

That means making power greener, smarter, and more affordable for everyone.

We put customers at the heart of everything we do: with always-fair prices, transparency and outrageous customer service.

We drive system change: with transformative tech to make renewable energy the norm and end global reliance on fossil fuels.

Octopus Energy Group is made up of 10 businesses spanning 6 countries across 3 continents, including: Octopus Energy Retail, Kraken Technologies, Octopus Energy Generation, Kraken Flex, Octopus Electric Vehicles, and the Octopus Centre for Net Zero. More on OEG @ octopusenergy.group

We are looking for a Strategic Finance and Treasury Lead to join Octopus Energy Group. This role combines strategic financial planning with treasury operations management to ensure the optimal financial health of the business.

You will be responsible for leading complex financial planning, analysis, cash flow forecasting, and liquidity management across multiple segments of the company. This includes consolidating financial models, managing group guarantees, and supporting both short-term and long-term capital strategies. In addition to managing liquidity risk, you will oversee cash management and support on equity and debt issuance, investor relations, and board and executive decision-making.

This role requires a unique combination of financial expertise, strategic thinking, and the ability to manage large-scale financial models spanning across various types of business units. You will collaborate closely with the Group CFO, senior finance teams, and treasury operations, ensuring that the company's financial and liquidity strategies are aligned with its broader business goals.

What you'll do...

Lead on financial planning and analysis across the group, focusing on multiple business segments including Licensing, Energy Retail, Customer Services, and Generation.

Own, develop, and validate both near-term and long-term consolidated financial models.

Provide financial outlooks, monthly reporting, and strategic overlays during the month-end process.

Support the Group CFO with investor relations Q&A preparation and strategic financial presentations.

Manage Group guarantees, evaluating business cases for new requests and overseeing monthly allocation processes.

Lead the annual budget preparation, managing economic trade-offs (growth, returns, liquidity) and evaluating the impact of new investments.

Prepare and deliver board packs and strategic material, and support investor relations with ad-hoc financial requests.

Lead debt and equity funding conversations, including preparing information and due diligence for capital-raising projects.

Support capital structure and allocation strategies that affect the financial risk profile of the company.

Develop and monitor the Group's daily cash flow model, ensuring optimal liquidity for operational needs while balancing investment opportunities.

Manage entity-level funding drawdowns and optimise liquidity resources, including cash pooling structures and yield-providing instruments.

Forecast both short-term and long-term cash needs and manage excess cash or shortfalls effectively.

Manage existing debt facilities, support future debt issuance, refinancing strategies, and optimise the capital structure at the Group level.

Support banking relationships, ensuring day-to-day engagement and managing credit requests from financial institutions.

Provide insights on global financial markets and macroeconomic trends affecting the company's treasury strategy.

Identify and mitigate risks, including currency, interest rate, and liquidity risks, by working closely with the FX hedging lead and actively managing liquidity balances.

Prepare regular treasury and liquidity reports for the CFO, including cash and counterparty risk reporting and Group liquidity headroom analysis.

Ensure compliance with debt facility covenants and manage reporting requirements for banks and financial institutions.

Lead or participate in cross-functional projects related to treasury initiatives, financial systems implementation, and process improvements.

Develop and implement treasury policies, procedures, and best practices to enhance operational efficiency.

What you'll need...

Experience in strategic finance, treasury management, or corporate finance within a fast-paced and complex business environment.

Experience in managing financial planning and analysis, liquidity management, and capital structure optimization.

Advanced financial modelling, FP&A, and budgeting expertise.

Strong understanding of treasury operations, cash flow forecasting, and liquidity management strategies.

Proficiency in financial reporting, debt facility management, and investor relations.

Ability to lead complex financial projects across multiple business units.

Strong strategic thinking with a focus on capital allocation, financial risk management, and long-term planning.

Expertise in evaluating economic trade-offs and optimising financial resources.

Excellent communication and presentation skills, capable of engaging with board members, investors, and senior executives.

Strong leadership and collaboration skills, with the ability to work effectively across finance, treasury, and operational teams.

Be excited about tackling the urgent issue of climate change through supporting a high-growth business leading the energy transition; you don’t have to have prior experience in energy, but a strong desire to learn about the sector today and where it’s going tomorrow is a must

Why else you'll love it here

Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!

Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership and most recently The Sunday Times, Best Places To Work 2023

Visit our UK perks hub - Octopus Employee Benefits

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