Management Accountant

London, UK
Octopus Energy Generation ☀️ – Fund Management /
Full-time /
OEGEN is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. Since entering the renewables market in 2010, OEGEN has achieved remarkable milestones, becoming a leading investor in onshore wind across mainland Europe, the largest investor in solar power in Europe, and recently venturing into offshore wind projects.

Currently, we manage a global portfolio of over £7 billion in renewable energy assets, including more than three hundred large-scale energy-generating companies. Our operational portfolio includes wind farms, solar power plants, and upcoming projects in energy storage and hydrogen.

The Management Accountant position is a pivotal role within the Octopus Energy Generation’s Funds Finance team, reporting directly to a Senior Management Accountant/Finance Manager. OEGEN Funds Finance is responsible for the financial reporting and analysis of an expanding portfolio of renewable assets owned by various Retail, Institutional, and Listed Funds. These assets have a growing international presence across the UK, Europe, Australia, and Asia. The role involves building strong working relationships with both internal and external stakeholders across OEGEN and its wider business.

What you'll do

    • Review and challenge management accounts provided by external accountants.
    • Report on the financial performance of the operational portfolios at monthly Customer Board meetings.
    • Ensure financial information and commentary is accurately presented in Investor Reports.
    • Prepare distribution forecasts and manage all distribution payments up to the fund.
    • Address finance-related queries on portfolios, taking ownership of requests and issues, and providing appropriate solutions in a timely manner.
    • Work closely with OEGEN commercial asset managers to prepare budgets and monitor all costs against these budgets.
    • Assist the fund management team in quarterly valuations.
    • Project manage audits and review of statutory financial statements and corporation tax returns; liaising with external auditors as required.
    • Manage payment approvals as appropriate.
    • Ensure a robust control environment is present throughout the portfolio.
    • Generate ad hoc reports and analysis as required.
    • Build and maintain good working relationships with internal and external stakeholders.
    • Identify system improvements and drive change across the team, working closely with external accountants to improve current processes across the portfolio.

What you'll need

    • Qualified accountant (ACA/ACCA).
    • Highly organised, able to plan ahead to deliver accurate information to tight reporting deadlines.
    • Excellent communication skills, with a proven ability to work well with different teams and manage a range of different stakeholders.
    • Self-motivated and aspirational, comfortable working in a fast-paced changing environment.
    • Good technical knowledge of UK GAAP.
    • Able to complete and review consolidations.
    • Experience working with renewable energy investment assets and an understanding of relevant subsidy schemes is preferable.
    • Good understanding of CIR and other basis tax rules would be an advantage.

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
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.