Management Accountant

Octopus Energy

3800

London, UK, USA

Posted on: 2024-08-16

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

Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. As we continue to expand our investment base, we are dedicated to building a diverse team that reflects the communities we serve.

Since our entry into the renewables market in 2010, OEGEN has achieved remarkable milestones, becoming a leading investor in onshore wind across mainland Europe, the largest investor of solar power in Europe, and recently venturing into offshore wind projects. Currently, we manage a global portfolio of over £6 billion in renewable energy assets.

Our operational portfolio consists of more than three hundred large scale energy-generating companies. We take pride in our wind farms, solar power plants, and upcoming projects in energy storage and hydrogen. To support our ambitious growth plans and long-term ownership of energy assets, we are expanding our team.

We have a fantastic opportunity for a Management Accountant to join the OEGen team, a subsidiary of the Octopus Energy Group. This role focuses on managing the preparation of monthly management accounts for OEGen group entities, supporting strategic finance initiatives, and liaising with various stakeholders across the subsidiary entities. The candidate will work within OEGen, overseeing a range of entities from regulated to non-regulated companies globally.

This position requires an average of 3 days in the office per week

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

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

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

Preparation, review, and analysis of the monthly management accounts for the OEGen, including profit and loss reports and balance sheet schedules, providing commentary and analysis on the actuals and querying outputs as needed.

Assist in the consolidation of financial results for monthly, quarterly, and annual reporting. Reconcile inter-company accounts and make necessary IFRS adjustments

Liaise with the external audit team, assisting with queries and facilitating the year-end process.

Ensure compliance with regulatory requirements for both regulated and non-regulated entities as well as work closely with OEGen Compliance team on regulatory reporting and related audits.

Provide technical accounting insight by composing technical summary papers for complex accounting transactions, staying up to date with the development of all accounting treatments and reporting standards, and advising senior management and the Board on the impact that such changes may have on the business.

Ensure that accounting policies are applied consistently throughout the OEGen Group, liaising with international companies, and working closely with them to provide assistance where required.

Work closely with international subsidiaries to ensure consistent application of accounting policies and procedures.

Work closely with the tax team preparing monthly VAT returns and assist in the preparation of annual tax returns.

Support strategic projects such as finance transformation, system implementation, and future M&A activity.

Provide support and coverage for Accounts Payable function, oversee employee expense reports, and assist with invoicing and issuing recharges to internal companies.

Regularly interact with department heads and other senior members of the Group on a variety of financial matters.

What you'll need

Technically strong and qualified accountant (ACA preferred).

Advanced Excel skills.

Confidence to suggest improvements to systems and processes as the company continues to scale.

Must be able to effectively communicate and present to senior management.

Knowledge of local GAAP and IFRS accounting standards.

Previous experience working with regulated entities is a bonus.

Demonstrate ability to liaise with stakeholders and external parties confidently.

Strong attention to detail and organisational skills.

Why else you'll love it here

Wondering what the salary for this role is? On a call with one of our recruiters, this is always something we 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! We will also ask your current salary - we want to let you know this upfront so you're comfortable talking about it on a call with us.

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, 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

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