Finance Manager

Octopus; London; On-site; GBP 60,000 - 85,000; Full time

Job summary

Octopus seeks a Finance Manager to provide financial oversight and reporting for its energy portfolio. This role involves close collaboration with subsidiary finance teams and presents the opportunity to lead significant financial processes while contributing to a high-performing group. Ideal candidates will possess strong consolidation skills, relevant accountancy qualifications, and preferably, experience in the renewable energy sector, ensuring that the company continues to meet its goals and deliver on its mission.

Benefits

A competitive salary

Bonus and pension plan

Untracked holiday

Hybrid working

Wellness hub - Anchor

Paid parental leave

Life insurance and critical illness cover

Private medical insurance for you and your family

Electric vehicle leasing

Qualifications

• Strong consolidation skills are essential.
• Experience in renewable energy sector beneficial.
• Excellent interpersonal skills for presenting financial information.

Responsibilities

• Responsible for financial control and reporting of energy portfolio.
• Review quarterly and annual consolidation.
• Lead audit process and annual budget management.

Skills

Consolidation skills

Interpersonal skills

Education

Accountancy qualification (ACA/ACCA or equivalent)

Job description

Company Description

At Octopus, we're entrepreneurs and we're investors, on a mission to back the people, ideas and industries that will change the world.

We think working here is great, but we're understandably bias. Click here to explore Life at Octopus.

Job Description

What's in it for you?

An exciting opportunity has arisen for a Finance Manager to join our team, reporting to the Head of Group Reporting. The successful individual will be responsible for the financial control, reporting and operational oversight of the energy portfolio within the Octopus Inheritance Tax Service (OITS).

The role will suit a candidate with strong consolidation skills and experience dealing with a portfolio of companies who relishes the prospect of contributing to a high performing group finance team. Equally important will be the ability to provide support and guidance to an accountant (direct report) as well as across multiple subsidiary finance teams, whilst also contributing as a member of the Finance Management Team.

The team:

The OITS Finance Team manages £3.5bn assets under management across several groups, with the largest being the Fern Group, comprising over 300 companies across multiple sectors including energy, fibre, healthcare, housebuilding and lending, managed by a combination of internal and external finance teams.

The team manages the group, statutory and bank reporting across the Fern Group, working closely with subsidiary finance teams to consolidate information and also with the Investment Team to provide useful analysis of the numbers.

You will also be part of the wider Finance function, a diverse team of 45 people operating across various business areas and specialisms.

Responsibilities include

Reporting

• Develop a strong understanding of the Octopus Inheritance Tax Service products, in particular the Fern Group, operational teams within the business and the key drivers of performance.
• In line with the Fern Group control framework, set strong processes within the energy portfolio and across subsidiary teams to ensure financial information is reported accurately and on time.
• Review quarterly and annual consolidation of the energy portfolio, ensuring accounting policies are in place, applied appropriately and revised as necessary.
• Take ownership of bank covenant reporting across the energy portfolio, ensuring all reporting is delivered accurately and on time.
• Ensure all statutory and regulatory reporting is accurate and deadlines are met.

Relationships

• Build strong relationships with subsidiary finance teams and other internal teams, setting the reporting framework required to ensure accurate and timely information received.
• Present financial results to stakeholders, including Head of Group Reporting, Finance Director, Investment Team and the Board.
• Effective people management of 1 team member, including performance management and professional development, as well as providing support to other junior team members across the OITS team.

Other

• Lead all transactions across the energy portfolio working closely with the investment team, ensuring accounting and tax steps are properly considered and well documented.
• Lead audit process across the energy portfolio, ensuring audit recommendations are appropriately implemented and deadlines met.
• Lead the annual budget process across the energy portfolio, reviewing subsidiary budgets prepared by internal and external finance teams, challenging assumptions to ensure consistency across the group.
• Prepare technical papers for all transactions and changes to accounting standards relevant to the energy portfolio.
• Assisting the Head of Group Reporting as required.

Qualifications

An accountancy qualification is essential (ACA/ACCA or equivalent)

Experience working in the renewable energy sector would be beneficial

Strong consolidation skills are essential

Excellent interpersonal skills, with experience in confidently presenting and communicating financial information in a straightforward manner

We encourage you to apply even if you don't tick every box. What's the worst that can happen?

This role will evolve as we grow and develop. So, if you are looking for a challenge in a fast paced and dynamic business, we can deliver on that.

Additional Information

What we offer

A competitive salary, bonus, pension and share incentive plan
Untracked holiday
Hybrid working - our people spend 3 days a week in the office
Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP & more
Up to 6 months paid parental leave regardless of gender
Life insurance, critical illness cover and income protection
Private medical insurance for you and your family
Electric vehicle leasing

Our Values
At our core, we believe that how a company behaves is just as important as what it does. That's why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests all our stakeholders - employees, customers, communities, environment and shareholders - are considered in every decision we make.

We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio-economic backgrounds. We believe teams achieve their best when every member feels safe, respected and empowered to be their authentic selves.

We're proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we'll be happy to accommodate where possible.

Videos To Watch
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