Finance Data Analyst

Finance Data Analyst

Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Dive into finance and data, owning cost processes and automating systems.
  • Company: Join Octopus, the UK's top energy supplier with a vibrant culture.
  • Benefits: Flexible salary, unique culture, and great employee perks.
  • Why this job: Make a real impact in a high-growth company at the forefront of net zero.
  • Qualifications: Partly or fully qualified accountant with strong SQL and Excel skills.
  • Other info: Empowering environment with excellent career growth and inclusivity.

The predicted salary is between 36000 - 60000 ÂŁ per year.

After starting a mere 10 years ago, Octopus is the largest energy supplier in the UK. We’ve built the technology to serve millions of energy customers and handle the billions of pounds worth of customer and third party transactions that this entails. As Octopus has grown, so too has the complexity, variation and scale of our cost base. We’re looking for a curious, detail-driven part or fully qualified accountant with data skills to help us truly understand, validate, and control our cost base. This role sits at the intersection of finance, data, and the wider business; giving you ownership over how costs flow through the accounts and how they impact our reporting.

You’ll work closely with our Finance and Gross Margin teams to build and maintain a robust cost accruals process, partner with other teams across the business to understand how costs arise in the real world, and turn that insight into scalable, automated processes. If you enjoy getting under the hood of complex data, improving controls, and building new processes and systems, this is a role where you can have a big impact. This is an opportunity to work at the intersection of finance and data in an award winning team for a high growth business at the forefront of the net zero transition.

What You’ll Do

  • Become a subject matter expert in our cost base in the UK, including how these costs are validated and settled.
  • Partner with teams across the business (e.g. Operations, Accounts payable and many others) to understand how costs work and build this understanding into our validation and accrual process.
  • Work with Finance and Gross Margin teams to build a robust cost accrual model to reconcile and validate our cost base reporting, and identify, report and analyse any associated risks and opportunities on a monthly basis.
  • Build pipelines to automate the entry of invoices into Netsuite from external systems, and partner with teams across the business to build a process for invoice validation.
  • Work with our Global Retail teams to roll out cost validation solutions globally.

What You’ll Need

  • Fully or partly qualified and actively studying towards an accounting qualification (CIMA, ACCA, ACA or equivalent).
  • Strong SQL and Excel knowledge.
  • Experience working in management accounts and an understanding of month end accounting, accruals and finance systems (e.g. Netsuite).
  • Highly data literate and numerate, with great attention to detail - you are able to make sense of lots of data, discover trends and patterns.
  • Great communicator - can clearly articulate complex technical information to non-technical colleagues.

Nice to have but not essential

  • Experience working in the energy industry, bonus if you have worked with settlement information before.
  • Ability to code in Python.
  • Experience with building dashboards (e.g. in Databricks or Streamlit).
  • Experience in modern data development, using modelling tools such as dbt, Lakehouses such as Databricks, and collaborative codebases such as git.

We aren’t necessarily looking for someone who is “10-out-of-10” in all these areas, but rather someone who has good experience in most of them, combined with a flexible and enthusiastic approach.

Benefits

  • Salary: Just ask us! On a call with one of our recruiters it’s something we always cover as we genuinely want to match your experience with the correct salary.
  • Octopus Energy Group has a unique culture. An organisation where people learn, decide, and build quicker, with autonomy and co-owners on projects that break new ground.
  • We were named the UK’s top company to work for and ranked in the top ten in the Sunday Times Best Places to Work 2024.
  • Our Group CEO 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.
  • Octopus Employee Benefits – visit our UK perks hub for details.

If this sounds like you then we’d love to hear from you.

P.S. Our process usually takes up to 4 weeks, but we’ll always do our best to flex around what works for you. Along the way, you’ll chat with our recruitment team and your Recruiter will help you throughout different stages.

Got any burning questions before then? Drop us a message at talent@octoenergy.com and we’d love to help!

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 are an equal opportunity employer and 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.

Finance Data Analyst employer: Octopus Energy Group

At Octopus, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters autonomy and innovation. As a Finance Data Analyst, you'll be part of an award-winning team at the forefront of the net zero transition, with ample opportunities for personal and professional growth. Our commitment to employee well-being is reflected in our flexible salary discussions and comprehensive benefits, making Octopus a truly rewarding place to build your career.
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Contact Detail:

Octopus Energy Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Data Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the finance and data sectors, especially those who work at Octopus. A friendly chat can open doors and give you insights that might just land you an interview.

✨Tip Number 2

Show off your skills! If you've got strong SQL or Excel chops, consider creating a mini-project or dashboard to showcase your abilities. Share it on LinkedIn or during interviews to demonstrate your data prowess.

✨Tip Number 3

Prepare for the interview by understanding Octopus's culture and values. They love curious minds and innovative thinkers, so come ready with examples of how you've tackled complex data challenges in the past.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining the Octopus family. Don’t hesitate – we’re excited to meet you!

We think you need these skills to ace Finance Data Analyst

Accounting Qualification (CIMA, ACCA, ACA or equivalent)
SQL
Excel
Management Accounts
Month End Accounting
Accruals
Finance Systems (e.g. Netsuite)
Data Literacy
Numeracy
Attention to Detail
Communication Skills
Python (optional)
Dashboard Building (e.g. in Databricks or Streamlit) (optional)
Modern Data Development (e.g. dbt, Lakehouses, git) (optional)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Finance Data Analyst role. Highlight your data skills, accounting qualifications, and any relevant experience in management accounts or finance systems.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're excited about this role at Octopus. Share specific examples of how your background aligns with our needs, especially around cost validation and data analysis.

Show Off Your Data Skills: Since this role is all about data, don’t shy away from showcasing your SQL and Excel expertise. If you have experience with Python or building dashboards, make sure to mention that too!

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’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Octopus Energy Group

✨Know Your Numbers

As a Finance Data Analyst, you'll need to be comfortable with numbers and data. Brush up on your SQL and Excel skills before the interview. Be ready to discuss how you've used these tools in past roles to analyse financial data or automate processes.

✨Understand the Cost Base

Familiarise yourself with cost accruals and how they impact financial reporting. Research Octopus Energy's business model and think about how costs flow through their accounts. This will help you articulate your understanding of their operations during the interview.

✨Communicate Clearly

You’ll need to explain complex data insights to non-technical colleagues. Practice articulating your thoughts clearly and concisely. Consider preparing examples where you've successfully communicated technical information in an understandable way.

✨Show Your Curiosity

Octopus values curiosity and a proactive approach. Prepare questions that show your interest in their processes and how you can contribute. Think about how you can improve their cost validation solutions and be ready to share your ideas.

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