Treasury Accountant

LGBT Jobs; Greater London; Hybrid; GBP 67,000 - 81,000; Full time

Benefits offered by this job

Bonus scheme

Pension scheme (company match)

Share incentive plan

Salary sacrifice car

Technology schemes

Employee assistance lines

Matched charity giving

Job summary

National Grid is seeking a Treasury Accountant to join the Treasury Finance team. Based in the Strand office with hybrid working (two days in the office), you will deliver complete financial and management reporting across UK and US operations.

Qualified accountants will partner with debt capital markets and related teams to enhance information and controls. You will work on IFRS/UK GAAP reporting, SAP/BPC applications, and treasury system enhancements while developing skills in treasury

Qualifications

• Qualified Accountant with ACA, ACCA or CIMA membership.
• Strong IFRS/UK GAAP knowledge and treasury accounting exposure.
• Experience with treasury systems and reporting tools.

Responsibilities

• Deliver accurate accounting and financial reporting for Treasury activities.
• Perform monthly balance sheet substantiation and SOX controls.
• Produce Treasury forecasts and analyze movements against rates and volumes.
• Coordinate IFRS reporting for Group Annual Report and disclosures.
• Support regulatory returns and treasury information for OFGEM.
• Enhance Treasury Management Systems and reporting processes.
• Build strong relationships with Treasury and Finance teams.
• Contribute to ad-hoc projects with technical accounting input.

Skills

Analytical thinking

Communication skills

Stakeholder management

Education

ACA/ACCA/CIMA

Tools

Quantum

Bloomberg HEFF

S4H/BPC

Job description

Treasury Accountant role at National Grid

Based in the Strand office, hybrid working

Deliver accurate financial and management reporting

Qualified Accountant (ACA, ACCA or CIMA) required

Up to £74,000 salary plus bonuses and benefits

At National Grid, we keep people connected and society moving. But it’s so much more than that. National Grid supplies us with the environment to make it happen. As we generate momentum in the energy transition for all, we don’t plan on leaving any of our customers in the dark. So, join us as an Treasury Accountant, and find your superpower.

The Treasury Finance team play a vital role in providing comprehensive reporting for Group Treasury and are at the forefront of financial operations, reporting, and business partnering within a £47bn financing portfolio, numerous hedging derivatives and £1.8bn in financing costs!

We are seeking a passionate Treasury Accountant to enhance our Treasury Financial Reporting team. In this role, you will be responsible for delivering complete and accurate financial and management reporting for Group Treasury activities across the UK and US. You will provide business partnering support to various Treasury functions, including debt capital markets, money markets, corporate finance, and operational banking teams, to help enhance Treasury financial information, improving decision‑making and control.

This role offers significant opportunities to enhance your technical accounting skills while gaining valuable insights into Treasury execution and operations. You will be part of a forward-thinking finance strategy aimed at establishing a world‑class function.

This role will be based in our Strand office, where we encourage you to be present two days a week. However, we welcome you to spend more time in the office if that suits you better. We are also open to discussing flexible working arrangements to ensure this role aligns with your needs.

What You'll Do

• Deliver accurate and timely accounting and financial reporting for Treasury activities, ensuring transactions are appropriately captured within Quantum and Bloomberg HEFF and accurately reflected in SAP and BPC.
• Perform monthly analysis and balance sheet substantiation, ensuring financial results are accurate, well understood and compliant with Sarbanes-Oxley (SOX) controls.
• Deliver quality Treasury forecasts as part of the quarterly reforecasting, partnering with front office teams to understand key movements and analyse the impact of changes in volumes, interest rates and other market drivers.
• Analyse and coordinate consolidated IFRS reporting for the Group Annual Report and Accounts, including treasury and financial risk disclosures, and report UK GAAP and US GAAP for subsidiaries.
• Support the analysis and verification of treasury information required for UK regulatory returns (OFGEM).
• Contribute to enhancements of Treasury Management Systems and reporting processes, identifying opportunities to improve efficiency, strengthen controls and meet evolving stakeholder requirements.
• Build strong relationships across Treasury and Finance, becoming a trusted source of financial insight and providing practical solutions to accounting, reporting and business challenges.
• Support wider Treasury Finance initiatives and ad-hoc projects, providing analysis and technical accounting input where required.

What You'll Have

• Qualified Accountant (ACA, ACCA or CIMA).
• Knowledgeable in technical accounting under IFRS and UK GAAP, particularly in financial instruments (IFRS 9 and IFRS 7).
• Awareness of treasury financial instruments and hedge accounting
• Strong analytical thinker with excellent financial reporting skills.
• Enthusiastic and self‑motivated and commitment to professional delivery
• Excellent communication and interpersonal skills, with a collaborative approach and the ability to build strong relationships with internal and external stakeholders.
• Experience of relevant systems Quantum, Bloomberg HEFF (TMS), S4H or BPC is preferred but not essential.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification.

At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone.

So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What You'll Get

Up to £74,000 dependent on experience.

As well as your base salary, you will receive a bonus based on personal and company performance with an on target of 15% (maximum 30%) and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

Further Information

This is a hybrid working role from our Strand office with circa two days in the office. The closing date for this vacancy is Midnight 26 October 26, with interviews due to take place w/c 2 November 26 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business

At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be.

We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture.

All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need.

We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated and able to reach their full potential.

If this job opportunity is not suitable, then check out the other LGBT friendly jobs across UK!