At a Glance
- Tasks: Support financial compliance processes and collaborate on group financial statements.
- Company: Join Lightsource bp, a leader in sustainable renewable energy.
- Benefits: Competitive salary, annual bonus, health insurance, and personal development opportunities.
- Why this job: Make a real impact in the renewable energy sector while growing your career.
- Qualifications: Qualified Accountant with 1-2 years of industry experience and strong IFRS knowledge.
- Other info: Hybrid role with a dynamic team environment and excellent career growth potential.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Overview
Join to apply for the Consolidation and Reporting Accountant role at Lightsource bp.
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. Our growing business focuses on sustainable, responsible renewable power and helping the world decarbonise. Lightsource bp operates with five core values: Safety, Integrity, Respect, Sustainability, and Drive.
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 underlying contracts, assessment of accounting implications and recognition of the associated impacts. There will be scope for involvement in additional projects and an opportunity to contribute 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.
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: There’s a variety of initiatives that will contribute to your own personal development, including charitable causes and volunteering opportunities.
Our core values: Lightsource bp cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values are Safety, Integrity, Respect, Sustainability and Drive.
For further information on our career opportunities and life at Lightsource bp, please visit https://www.lightsourcebp.com/careers/
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Consolidation and Reporting Accountant employer: Lightsource BP
Contact Detail:
Lightsource BP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consolidation and Reporting Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Lightsource bp or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS standards and lease accounting. Make sure you can confidently discuss your experience with financial compliance and audits. We want to see that you’re not just technically strong but also passionate about the role!
✨Tip Number 3
Showcase your teamwork skills! Since this role involves collaboration across various teams, be ready to share examples of how you've successfully worked in cross-functional teams. We love candidates who can communicate effectively and build relationships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of our mission to drive sustainable energy solutions.
We think you need these skills to ace Consolidation and Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Consolidation and Reporting Accountant role. Highlight your relevant experience, especially in IFRS 16 and financial reporting. We want to see how your skills align with our mission at Lightsource bp!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about renewable energy and how you embody our core values. Let us know what excites you about the role and how you can contribute to our team.
Showcase Your Technical Skills: Since this role requires strong technical knowledge, be sure to mention your experience with UK financial reporting and any ERP systems you've used, like SAP S4 HANA. We love seeing candidates who are technically savvy and ready to hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll find all the details you need there. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Lightsource BP
✨Know Your IFRS Inside Out
As a Consolidation and Reporting Accountant, you'll need to be well-versed in IFRS, especially IFRS 16. Brush up on the latest updates and be ready to discuss how they apply to lease accounting during your interview.
✨Showcase Your Excel Skills
Strong Excel capabilities are a must for this role. Prepare to demonstrate your proficiency with practical examples or even a quick test during the interview. Highlight any experience you have with ERP systems like SAP S4 HANA as well.
✨Understand the Company’s Values
Lightsource bp places a strong emphasis on Safety, Integrity, Respect, Sustainability, and Drive. Be prepared to discuss how your personal values align with theirs and provide examples of how you've embodied these values in your previous roles.
✨Prepare for Cross-Functional Collaboration
This role involves working closely with various teams, including finance and company secretarial. Think of examples from your past experiences where you successfully collaborated across departments and be ready to share those stories.