At a Glance
- Tasks: Join our Finance Systems team to streamline processes and document finance requirements.
- Company: Octopus Energy is a rapidly growing, innovative company focused on sustainability and customer satisfaction.
- Benefits: Enjoy a supportive environment with opportunities for personal growth and flexible working arrangements.
- Why this job: Be part of a transformative project that enhances financial systems and drives efficiency across the group.
- Qualifications: 5+ years as a Business Analyst with experience in financial systems and process improvement.
- Other info: We value diverse perspectives and encourage everyone to apply, regardless of meeting all qualifications.
The predicted salary is between 36000 - 60000 £ per year.
Octopus Energy has grown exponentially in its short history. It is now a complex multi-billion turnover international group, which participates in multiple industry verticals including retail utilities, utilities management, generation, EV leasing and software sales. We are committed to innovation, sustainability, and customer satisfaction. As part of our growth strategy, we are implementing NetSuite and a number of supplementary Finance applications e.g. OCR, AP Management to streamline our finance operations and improve efficiency. We are seeking a Finance Systems Business Analyst to play a key role in these initiatives.
Its legacy business management applications are at the limit of their capacity and capability. A new enterprise resource planning tool (ERP) is required to both provide a finance backbone for the Group, and to integrate information flows and insights across the group. Oracle’s NetSuite SAAS platform has been selected for this task. The process to select supplementary applications is underway. This role will be pivotal in ensuring the ongoing success of Finance and its systems for the Group and is key to maintaining appropriate controls that reflect the Group’s segregation of duties. It will also be pivotal in defining streamlined processes & procedures across the Group.
Working in Octopus’ Finance Systems team, you will be responsible for documenting end to end Finance processes, identifying best practices, controls and procedures. You will also be responsible for working with stakeholders across all our Octopus’ entities to capture requirements for Finance applications; this includes but is not limited to NetSuite. NetSuite is our core Finance system and it is supplemented by additional applications focused on specific tasks performed or managed by the Finance team. NetSuite is not the only system in the Finance landscape and thus close coordination and integration with other teams and tools is very frequent. This role will immediately participate in the implementation of a newly selected OCR application.
What you’ll do
- Reporting into the Project Manager, you will work alongside other business analysts and consultants to deliver the Finance Transformation backlog.
- Be responsible for interviewing Finance Stakeholders to capture and document requirements for new systems and tools; this will include new business process flows written in business terminology.
- Ensure Finance is following best practices and processes are designed to be re-used where possible.
- You will work collaboratively with partners and stakeholders to identify ways to innovate and improve delivery and processes.
- Communicate with senior people within the organisation. You will need to gain and build business and stakeholder buy-in to the requirements gathering, As-Is and To-Be modelling processes.
- Align internal and external stakeholders of the benefits of new technology or strategies/requirements/processes.
- Control business analysis activities as required during the project lifecycle from project initiation through to closure.
- Support the UAT (e.g. test case creation & execution) and provide knowledge and expertise to support defect resolution.
- Support (and undertake where necessary) business change activities e.g. training.
- Conduct peer reviews and workshops for requirements definitions, As-Is and To-Be models to ensure quality, completeness and unambiguity.
- Develop user documentation.
What you’ll need
- 5+ years of experience as a Business Analyst with a focus on financial systems.
- Experience with system implementations or change management with Finance systems.
- End to end delivery of new systems and processes.
- In-depth understanding of financial processes.
- The ability to streamline processes across multiple business entities.
- Familiarity with financial software and systems (e.g., NetSuite, Accounts Payable Applications such as OCR and Invoice Matching software).
- Ability to be flexible and adapt to changes quickly.
- Ability to influence others in order to improve processes and application quality.
- Ability to work independently.
- Strong documentation management experience and skills.
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.
Transformation Business Analyst FTC employer: Octopus Energy Group
Contact Detail:
Octopus Energy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transformation Business Analyst FTC
✨Tip Number 1
Familiarise yourself with Oracle's NetSuite and other financial systems mentioned in the job description. Understanding their functionalities will help you speak confidently about how you can contribute to the implementation and integration of these systems.
✨Tip Number 2
Network with current or former employees of Octopus Energy, especially those in finance or business analysis roles. They can provide insights into the company culture and specific challenges faced in the Finance Systems team, which can be invaluable during your discussions.
✨Tip Number 3
Prepare to discuss your experience with process documentation and stakeholder engagement. Be ready to share examples of how you've successfully captured requirements and improved processes in previous roles, as this aligns closely with the responsibilities outlined in the job description.
✨Tip Number 4
Showcase your adaptability and problem-solving skills during interviews. The role requires flexibility and the ability to influence others, so think of scenarios where you've navigated change effectively and how you can apply that to the Finance Transformation initiatives at Octopus.
We think you need these skills to ace Transformation Business Analyst FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience as a Business Analyst, particularly in financial systems. Emphasise your familiarity with NetSuite and other financial software, as well as your ability to streamline processes across multiple business entities.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for Octopus Energy and its commitment to innovation and sustainability. Discuss how your skills align with the role's requirements, particularly your experience in system implementations and change management.
Showcase Your Documentation Skills: Since strong documentation management is crucial for this role, provide examples of your previous work where you documented end-to-end finance processes or created user documentation. This will demonstrate your attention to detail and organisational skills.
Prepare for Stakeholder Engagement: Highlight your experience in communicating with senior stakeholders and gaining buy-in for projects. Be ready to discuss specific instances where you successfully captured requirements and aligned stakeholders on new technology or processes.
How to prepare for a job interview at Octopus Energy Group
✨Understand the Role and Responsibilities
Make sure you thoroughly understand the job description and the key responsibilities of a Transformation Business Analyst. Familiarise yourself with financial systems, especially NetSuite, and be prepared to discuss how your experience aligns with the role.
✨Prepare for Stakeholder Engagement
Since the role involves interviewing Finance stakeholders, practice how you would approach these conversations. Think about the types of questions you would ask to capture requirements and how you can build rapport with different stakeholders.
✨Showcase Your Documentation Skills
Documentation management is crucial in this role. Be ready to provide examples of how you've documented processes or requirements in the past. Highlight your attention to detail and ability to create clear, concise documentation.
✨Demonstrate Flexibility and Adaptability
The job requires the ability to adapt to changes quickly. Prepare examples from your previous roles where you successfully managed change or streamlined processes across multiple entities. This will show your potential employer that you can thrive in a dynamic environment.