Management Accountant

Number of employees

3800

London, UK, United Kingdom

Posted on: 2023-06-28

Category: energy

Apply now

Please let Octopus Energy know you found this job on Work in Green. This will help us grow!

Expired

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

Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need loads more people to help us make our vision a reality.

We are looking for a qualified management accountant to join our Gross Margin team here at Octopus, probably with 2+ years post-qualifying experience. 

We are a small team with one foot in the finance world and the other in the data space. We have a wealth of data at our fingertips to provide detailed and fast analysis for a multi-billion pound turnover business. Our focus is preparing the gross profit margin we make from selling electricity and gas to customers, which is a complex and challenging area, and some of the below responsibilities will involve using SQL / Python / Jupyter notebooks which we can train you in if needed.

Although our current focus is the UK market, we also work with our international colleagues as we expand in those markets. Team members work with colleagues across business areas (e.g. with Operations and Industry) to use our gross margin data to increase revenue and reduce costs.



If this sounds like you then we'd love to hear from you.

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.


What you'll do

  • Preparing weekly gross margin information packs for our two UK retail companies
  • Variance analysis and problem solving around the numbers in those packs
  • Tracking and understanding movements in previous months margin (eg changes as meter reads come in)
  • Preparing monthly cost accruals and, with an analyst, improving our modelling of costs 
  • Purchase invoice checks and authorisation
  • Running and expanding suite of reconciliations to assure accuracy of output
  • Working closely with our financial auditors, particularly during Year End
  • Problem solving around improving accuracy of gross margin calculations, with the rest of the team Granular cohort analysis to identify trends within our data
  • Leading meetings with colleagues and senior management
  • Submission of regular industry returns
  • What you'll need

  • Experience in, or an interest in learning, basic SQL / Python
  • Energy industry cost knowledge
  • A love of wrestling with and solving complex problems

  • 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 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
  • Visit our UK perks hub - Octopus Employee Benefits
  • Similar climate jobs

    These are some of our top picks for great climate jobs on Work in Green.

    View all jobs
    Crusoe logo
    United States
    Number of employees

    170

    Full time
    Energy
    Crusoe logo
    United States
    Number of employees

    170

    Full time
    Energy
    Crusoe logo
    United States
    Crusoe logo
    United States
    Octopus Energy logo
    USA

    267 Energy jobs at Octopus Energy

    Octopus Energy is hiring Content Marketing Specialist,Data Scientist,Finance Business Partner - Supply Chain, and more.

    View all jobs at Octopus Energy
    Octopus Energy logo
    USA
    Octopus Energy logo
    United Kingdom
    Number of employees

    3800

    Full time
    Energy
    Octopus Energy logo
    United Kingdom
    Octopus Energy logo
    United Kingdom