Management Accountant in London

Management Accountant in London

London Full-Time 30000 - 42000 £ / year (est.) Hybrid
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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.
  • Other info: Dynamic team culture focused on inclusivity and personal development.
  • 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.

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 that fosters a dynamic and inclusive work culture. Our London-based team enjoys the flexibility of a hybrid working model, competitive benefits, and ample opportunities for professional growth, all while contributing to a sustainable future in the electric vehicle sector. Join us to lead innovative strategies and make a meaningful impact in the B2B2C landscape.

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Contact Details:

Octopus Electric Vehicles Recruitment Team

StudySmarter Expert Advice🤫

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

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

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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

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Octopus Electric Vehicles.

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Research and Reflect:Before hitting that 'apply' button on Octopus Electric Vehicles's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Octopus Electric Vehicles

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Octopus Electric Vehicles.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Octopus Electric Vehicles will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Octopus Electric Vehicles employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.