Management Accountant in London

Management Accountant in London

London Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Prepare monthly management accounts and provide commercial insights for our electric vehicle leasing business.
  • Company: Join Octopus Electric Vehicles, a pioneering start-up in the green energy sector.
  • Benefits: Enjoy a competitive salary, hybrid working, and opportunities for professional growth.
  • Why this job: Be part of the electric revolution and help drive sustainable change.
  • Qualifications: Qualified Accountant with at least 3 years of finance experience and advanced Excel skills.
  • Other info: Dynamic team culture focused on inclusivity and personal development.

The predicted salary is between 30000 - 42000 £ per year.

Your role will include the coordination and preparation of the monthly management accounts for our electric vehicle leasing business, reporting on variances as required and providing commercial insight. You will be working within the Accounting team and wider Finance team to assist with day-to-day financial management and importantly in the identification and implementation of process improvements.

What You'll Do...

  • Monthly management reporting for Octopus Electric Vehicles and other entities, this includes preparing and reviewing balance sheet reconciliations, preparing accruals, liaising with finance representatives to finalise results.
  • Analyse monthly results and prepare commentary for senior management and be able to explain any unexpected results.
  • Assist with the preparation of consolidated reporting for the wider Octopus Energy Group and external party submissions to fixed deadlines.
  • Assisting department heads with day-to-day finance management of the business.
  • Engage with internal business to implement financial controls and process improvements.
  • Work with group company structures and intercompany transactions including foreign exchange transactions.
  • Assisting with the IFRS 16 leasing adjustments for monthly reporting.
  • Collaborate on audit preparation, VAT documentation, and regulatory filings.
  • Assisting with creditor and debtor ledgers and dealing with any queries regarding payments or receipts.
  • Quarterly VAT return/s.

What You'll Need...

  • Qualified Accountant preferred (ACA, ACCA, CIMA).
  • Minimum 3 years experience in finance or accounting.
  • Advanced Excel skills.
  • Must be able to effectively communicate and present to senior management.
  • Knowledge of UK and international GAAP and IFRS accounting standards.
  • Demonstrate ability to liaise with internal and external stakeholders confidently.
  • Thrives in a scale-up, high-transaction environment with evolving needs.
  • Highly organised, detail-oriented, and self-motivated.
  • Experience with Netsuite accounting package (preferred but not essential).
  • Financial services experience (preferred but not essential).
  • Experience with securitisation funding structures/special purpose vehicles (preferred but not essential).

The electric revolution has arrived - and from 2035 you’ll no longer be able to buy a new petrol or diesel car in the UK. We’re building a whole new way for drivers to join the electric charge and not only learn about and shop for their EV online, but experience a 'lease for life' through an industry changing customer experience. This is the chance to join one of the UK’s most exciting start-ups – making it easy for individuals and businesses to go electric by getting their car, charger and energy all in one cracking deal.

Octopus Electric Vehicles launched in 2018 to make it seamless to switch to cleaner, greener driving. Our mission is to drive sustainable change, decarbonise the planet and provide our customers with fair pricing and a fantastic experience. We’re an Octopus Energy company—an innovative new energy supplier. We are part of the Octopus Energy Group, which seeks to improve the lives of millions of people by transforming the industries we operate in.

If this sounds like you then we’d love to hear from you. Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we’ll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we’re looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

Management Accountant in London employer: Octopus Electric Vehicles

At Octopus Electric Vehicles, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that fosters personal and professional growth. Our commitment to sustainability and innovation not only drives our mission but also creates a meaningful environment where employees can thrive, collaborate, and contribute to a greener future. With flexible hybrid working arrangements and a focus on employee well-being, we empower our team to unleash their potential while making a positive impact in the electric vehicle industry.
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Contact Detail:

Octopus Electric Vehicles Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Management Accountant in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work at Octopus Electric Vehicles or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of IFRS and UK GAAP. Be ready to discuss how you've implemented financial controls or process improvements in past roles. Show us you know your stuff!

✨Tip Number 3

Practice your presentation skills! You’ll need to communicate effectively with senior management, so rehearse explaining complex financial concepts in simple terms. We want to see you shine when it comes to presenting your insights.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Management Accountant in London

Qualified Accountant (ACA, ACCA, CIMA)
Advanced Excel skills
Knowledge of UK and international GAAP
IFRS accounting standards
Financial reporting
Balance sheet reconciliation
Accruals preparation
Data analysis
Communication skills
Stakeholder engagement
Process improvement
Audit preparation
VAT documentation
Experience with Netsuite accounting package
Financial services experience

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Management Accountant role. Highlight your relevant experience, especially in financial management and reporting, and don’t forget to showcase your advanced Excel skills!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining Octopus Electric Vehicles and how your skills align with our mission of driving sustainable change.

Showcase Your Communication Skills: Since you'll be liaising with senior management and various stakeholders, make sure to demonstrate your communication skills in your application. Use clear and concise language to convey your ideas and experiences.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Octopus Electric Vehicles

✨Know Your Numbers

As a Management Accountant, you'll be dealing with figures all day long. Brush up on your financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. This shows you’re not just about crunching numbers but also about providing valuable insights.

✨Master the Art of Communication

You’ll need to explain complex financial concepts to non-financial stakeholders. Practice articulating your thoughts clearly and concisely. Consider using examples from your past experiences where you successfully communicated financial information to senior management.

✨Showcase Your Process Improvement Skills

The role involves identifying and implementing process improvements. Prepare specific examples of how you've streamlined processes or improved efficiency in your previous positions. This will demonstrate your proactive approach and problem-solving skills.

✨Familiarise Yourself with IFRS and GAAP

Since knowledge of UK and international accounting standards is crucial, make sure you're up to date with IFRS and GAAP. Be ready to discuss how these standards have impacted your work and any challenges you've faced in compliance.

Management Accountant in London
Octopus Electric Vehicles
Location: London
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