Consolidation and Reporting Accountant

Lightsourcelabs; City Of London; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A renewable energy company in London seeks a Qualified Accountant to support finance compliance processes including audits and IFRS 16 lease accounting. The ideal candidate will have 1-2 years' experience, strong technical skills, and excel in a fast-paced environment. This hybrid role involves collaboration across regional teams and offers competitive benefits, including bonuses and health insurance.

Benefits

Annual bonus

Health insurance

Pension

Qualifications

• Qualified Accountant (ACA/ACCA/CIMA), preferred 1-2 years industry experience.
• Technically strong. Up to date IFRS knowledge particularly IFRS 16.
• Extensive experience with UK financial reporting.

Responsibilities

• Support the management of local finance teams and auditors for audits.
• Collaborate with Company Secretarial team for statutory accounts.
• Support the creation and implementation of SOX related controls.

Skills

IFRS 16 knowledge

Strong Excel capabilities

Communication skills

Ability to work autonomously

Education

Bachelor’s Degree in Related discipline

Qualifications in ACA/ACCA/CIMA

Tools

SAP S4 HANA

Job description

Overview

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp operates with five core values: Safety, Integrity, Respect, Sustainability, and Drive. We seek to attract and hire individuals who share our commitment to creating a safe workplace, uphold the highest standards of integrity, and demonstrate respect for colleagues, communities, and the environment. Our recruitment process promotes sustainability by valuing long-term growth and responsible practices, while seeking candidates with the drive to innovate and lead in the global energy transition. Together, these values shape how we engage, assess, and welcome talent to join us in delivering transformational solar power solutions worldwide.

Lightsource bp was fully acquired by bp in 2024.

What you’ll do (the role)

Summary

Reporting into the Senior Consolidation and Reporting Lead, this role will be heavily involved in supporting all financial compliance processes including audit (of group and statutory accounts), statutory accounts and co-ordination across the regional teams in preparation of the group financial statements on a monthly, quarterly and annual basis.

The role will support the accounting associated with the group’s lease arrangements, including reviewing of underlying contracts, assessment of accounting implications and recognition of the associated impacts. There will be scope for involvement in additional projects and opportunity to make a significant contribution to the group and wider Finance function, including regular engagement with individuals throughout the global Finance function.

Responsibilities of the Role

External Audit and Compliance

• Support the management of local finance teams and auditors to deliver Group and Subsidiary audits by required deadlines.
• Support the statutory accounts preparation and filings across the whole group (currently 20 countries) including working with local OSPs.
• Collaborate closely with the Company Secretarial team both at LSbp and BP.
• Prepare, update and monitor annual compliance processes across the group (audits, annual statutory accounts) including support on co-ordination with corporate and tax teams.
• Support on preparing centralised audit working papers ahead of the year end including co-ordinating with regional teams to ensure consistency in provision of information, ease of auditing and help develop a “best in class” approach to audit evidence.

IFRS 16 – lease accounting

• Support on monthly posting of IFRS 16 lease accounting and ensuring adherence to group accounting policies.
• Support on monthly reconciliations of IFRS 16 impacted GL accounts to the LSbp Lease Model. Assisting the Senior Consolidation and Reporting Lead in investigating variances with regional Finance Managers.
• Support on identification, recognition and subsequent posting of new leases under IFRS 16, including subsequent monitoring for modifications in partnership with Real Estate and Project Teams.
• Provide support to the Senior Consolidation and Reporting Lead in the development of technical guidance and implementation of SOX controls.

SOX implementation, group projects and process improvements

• Support the creation, documentation and implementation of SOX related controls across a wide range of areas within the Group function including but not limited to; leases, entity/GL code completeness, leading vs local-ledger tracking and special period adjustment reconciliations.
• Support on group wide restructure initiatives including corporate simplification projects as well as migration to new reporting and compliance software.
• Support the group team on upcoming projects and initiatives to help drive continued improvement across the Group function.
• Support the group team through the monthly reporting cycle and month end close process as required.

Why you’ll make a great member of the team

Experience & Knowledge Required

• Qualified Accountant (ACA/ACCA/CIMA), preferred 1-2 years industry experience
• Technically strong. Up to date IFRS knowledge particularly IFRS 16
• Extensive experience with UK financial reporting, including FRS 102 and FRS 101
• Experience managing and co-ordinating annual compliance deadlines including group and company audits
• Strong Excel capabilities and experience using ERP system (preferably SAP S4 HANA)

Skills Required

• Demonstrable experience working in a growing, high turnover business, responsibility for all controls and processes
• Ability and confidence to deliver, with a high degree of autonomy and with high quality standards
• Team-player used to work in cross-functional teams
• Excellent communication and negotiation skills
• Ability to work autonomously and multi-task
• Ability to forge long term professional relationships with third parties
• This role is hybrid with at least 3 days a week in the office, ideal for someone who thrives in a collaborative, in-person environment and enjoys being part of a dynamic team.

Education Required

• Bachelor’s Degree in Related discipline
• Qualifications in either ACA/ACCA/CIMA

Why you’ll want to work for us

Our company is a place where you can be yourself and grow, a place where your ideas and opinions matter.

Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible: Our culture is driven by our core values – from operating safely to ensuring our projects are responsible.

Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.

Be inspired: Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few.

Our core values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.