Management Accountant

Full job description
Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need many more people to help us make our vision a reality.

Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. As we continue to expand our investment base, we are dedicated to building a diverse team that reflects the communities we serve.

Since our entry into 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.

Our operational portfolio consists of more than three hundred large-scale energy-generating companies. We take pride in our wind farms, solar power plants, and upcoming projects in energy storage and hydrogen. To support our ambitious growth plans and long-term ownership of energy assets, we are expanding our team.

About the role

We’re looking for a highly organised and motivated individual to join the Funds Finance team at Octopus Energy Generation. Reporting to a Senior Management Accountant / Finance Manager, you’ll play a key role in managing financial reporting and analysis for a growing international portfolio of renewable energy assets. These assets are owned by a mix of retail, institutional, and listed funds, and span across the UK, US, Europe, Australia, and Asia.

You’ll be part of a busy and diverse team, so it’s important that you’re proactive, eager to learn, able to manage multiple workstreams, and comfortable working to tight deadlines. A big part of the role involves overseeing the quality of management accounts and financial data at the asset level, even though much of the day-to-day accounting is outsourced. You’ll spend a significant amount of time working with external accounting teams to improve processes, ensure accuracy, and maintain strong controls.

This is a hands-on, wide-ranging position that will see you working closely with various teams across the business. Building strong relationships with both internal and external stakeholders is key to success in this role.
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.
Deal with finance related queries on portfolios – taking ownership of requests and issues, creating stakeholder goodwill by providing appropriate solutions in a timely manner.
Working closely with the OEGEN commercial asset managers to prepare budgets and monitor all costs against these budgets.
Assist the fund management team in quarterly valuations.
Assist the operational onboarding of new investments into OEGEN’s finance and reporting processes.
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.
Be a valued business partner and build and maintain good working relationships with internal and external stakeholders.
Identify system improvements and take ownership of driving change across the team. This will involve working closely with external accountants to improve current processes across the portfolio.
Ad hoc reports and analysis as required.
What you'll need
Qualified accountant (ACA/ACCA)
Good technical knowledge of UK GAAP
Able to complete and review consolidations
Experience of 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
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
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. Read more