Senior Management Accountant

Octopus Energy Ltd, City of Westminster

Senior Management Accountant

Salary Not Specified

Octopus Energy Ltd, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 week ago, 9 Nov | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 2625318a75da4a95ba4c5b2a84dfee1a

Full Job Description

  • Monthly management reporting for our UK software business, this includes the preparing and reviewing balance sheet reconciliations, preparing accruals, liaising with finance representatives in each entity to finalise results.
  • Analyse monthly results for senior management and be able to explain any unexpected results.
  • Assist with the preparation of consolidated reporting for Group and external party submissions to tight deadlines
  • Identifying areas for potential improvements in the balance sheet position and working with relevant finance managers in the business team to ensure the optimum balance sheet position is understood and achieved.
  • Assist with preparation of accounting memos for audit purposes on revenue recognition and other complex accounting arrangements
  • Ensuring that reporting is compliant with all relevant accounting standards and keeping up to date with new reporting standards that may impact the company
  • Working with various company structures and intercompany transactions including foreign exchange transactions and transfer pricing.
  • Reviewing finance processes in each entity to ensure that improvements are made continuously to help the businesses run more efficiently.
  • Assist with system efficiencies and rollout of Netsuite with international businesses
  • Keeping up to date on the energy and technology industry and being aware of events which might impact the business.
  • Preparation of invoicing schedules for SAAS agreements with UK and international customers to provide to the accounts receivable team
  • Managing creditor and debtor ledgers and dealing with any queries regarding payments or receipts
  • Assisting with audit queries and liaising with international audit teams
  • Review of quarterly VAT returns

    Qualified Chartered Accountant essential
  • 3 years work experience in a similar role is preferrable
  • Experience working in Netsuite or an ERP accounting system is ideal
  • In depth knowledge of FRS102 and IFRS
  • Advanced excel skills (including Pivot tables, advanced formulas, and macros)
  • Must be able to effectively communicate and present to senior management
  • Demonstrate ability to liaise with stakeholders and external parties confidently
  • Strong attention to detail and organisational skills

    Help us use technology to make a big green dent in the universe!
  • Kraken powers some of the most innovative global developments in energy. We're a technology company focused on creating a smart, sustainable energy system. From optimising renewable generation, creating a more intelligent grid and enabling utilities to provide excellent customer experiences, our operating system for energy is transforming the industry around the world in a way that benefits everyone. It's a really exciting time in energy. Help us make a real impact on shaping a better, more sustainable future. Kraken Customer What we do: build the most AI-driven, innovative, forward-thinking platform for energy management. From optimizing resources to delivering cost-effective, exceptional customer experiences through advanced Customer Information Systems (CIS), billing, meter data management, CRM, and AI-driven communications, Kraken is powering the next wave of innovation in the energy industry. Why we do it: future energy will not look like energy as we know it today. We need to not just think about our future, but build for it. Now. Your role will include the co-ordination and preparation of the monthly management accounts, reporting on variances as required and providing commercial insight. You will prepare and analyse balance sheet accounts and reconciliations, with a view to ensuring integrity of reporting and identification of any commercial risks or opportunities to improve the balance sheet position.