At a Glance
- Tasks: Lead a finance operations team, ensuring efficient payment processing and financial reporting.
- Company: Ofgem is at the forefront of the energy transition, promoting fair and sustainable energy systems.
- Benefits: Enjoy flexible working, professional development opportunities, and a collaborative, inclusive environment.
- Why this job: Make a real impact in a vital public organisation while developing your leadership skills.
- Qualifications: Must be CCAB qualified with significant experience in senior finance roles.
- Other info: Join a dynamic team dedicated to financial integrity and operational excellence.
The predicted salary is between 48000 - 72000 £ per year.
At the forefront of the energy transition, Ofgem is working to protect consumers and ensure a fair, affordable and sustainable energy system. We’re now looking for a Senior Finance Operations Accountant – Team Manager to ensure our financial operations are transparent, compliant, and equipped to support change across the energy industry. We’re offering a permanent opportunity to lead a vital internal function within our organisation.
As part of our Corporate Finance senior team, you’ll manage and evolve our finance operations (purchase to pay and order to cash), championing best practice and providing exemplary leadership. This is a high-impact role with the scope to influence decision-making, manage change, and enhance service delivery across our finance landscape. You’ll act in a key capacity, driving day-to-day operations and projects, contributing to instilling robust financial controls, and serving as a trusted partner across the organisation. Your work will play a direct role in ensuring we can achieve our goals.
We’re looking for a fully CCAB qualified finance professional with significant post-qualified experience in a senior finance role. You’ll bring deep knowledge of technical finance policies and processes, strong leadership skills, and the ability to communicate clearly with technical and non-technical audiences alike. Experience with payment scrutiny, dispute resolution, stakeholder management and third-party funds will also be important. You’ll benefit from working in a dynamic, purpose-driven organisation that champions development and flexibility.
Key Responsibilities:
- Manage, lead, and direct finance operations team (including direct line management of approx. 2 team leaders) to ensure conducted in an efficient and effective manner.
- Oversee complete, accurate and timely processing and receipt of payments across multiple systems and bank accounts.
- Actively scrutinise payments and direct the team on disputes and aged balances.
- Set out a clear and compliant process to be followed to give assurance on accuracy and integrity of financial data and records.
- Manage internal and external finance ops reporting, including responses to freedom of information requests and publication of transparency data.
- Lead the finance operations service provision and strive for continuous improvement and finance transformation.
- Provide advice in line with managing public money, including advance of need assessments, special payments, compliance with cabinet office controls and identification of financial losses.
- Be a key influencer in defining the needs in any system change or process improvement in relation to purchase to pay, order to cash and general ledger/chart of accounts setup.
Person Specification:
- Fully CCAB qualified with up to date CPD and relevant post qualified experience in a senior finance role.
- Strong planning and prioritisation skills, with the ability to organise and manage a diverse workload and team.
- Experience in service delivery within an accounts payable/credit control environment including compliance monitoring, dispute resolution, SLAs and KPIs.
- Highly effective leadership, communication and interpersonal skills, with the ability to influence, negotiate and collaborate with a range of staff, customers/suppliers and other stakeholders including auditors.
- Strong transactional and technical accounting skills, policy ownership and ability to communicate complex financial or tax information and advice clearly and succinctly to a wide range of audiences.
Senior Financial Operations Accountant - Team Manager employer: Ofgem ECO Reporting Working Group
Contact Detail:
Ofgem ECO Reporting Working Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Operations Accountant - Team Manager
✨Tip Number 1
Familiarise yourself with Ofgem's mission and values. Understanding their commitment to consumer protection and sustainable energy will help you align your responses during interviews, showcasing how your experience can contribute to their goals.
✨Tip Number 2
Highlight your leadership experience in finance operations. Be prepared to discuss specific examples of how you've managed teams, improved processes, or resolved disputes, as these are crucial for the Senior Financial Operations Accountant role.
✨Tip Number 3
Network with current or former employees of Ofgem. Engaging with them can provide insights into the company culture and expectations, which can be invaluable when tailoring your approach during the interview process.
✨Tip Number 4
Prepare to discuss your knowledge of financial regulations and compliance. Given the role's focus on transparency and accountability, demonstrating your understanding of relevant policies will set you apart from other candidates.
We think you need these skills to ace Senior Financial Operations Accountant - Team Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your CCAB qualification and relevant post-qualified experience. Emphasise your leadership skills and any specific achievements in financial operations that align with the job description.
Craft a Compelling Cover Letter: In your cover letter, address how your experience in managing finance operations and your understanding of compliance and financial controls make you a perfect fit for the role. Use specific examples to demonstrate your impact in previous positions.
Highlight Relevant Skills: Clearly outline your skills in stakeholder management, payment scrutiny, and dispute resolution. Mention your ability to communicate complex financial information to both technical and non-technical audiences, as this is crucial for the role.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Check for any grammatical errors or typos, and ensure that your formatting is consistent. A polished application reflects your attention to detail, which is vital in finance roles.
How to prepare for a job interview at Ofgem ECO Reporting Working Group
✨Showcase Your Leadership Skills
As a Senior Financial Operations Accountant – Team Manager, you'll need to demonstrate strong leadership abilities. Prepare examples of how you've successfully managed teams, resolved conflicts, and driven performance improvements in previous roles.
✨Understand Financial Regulations
Familiarise yourself with the latest financial regulations and compliance standards relevant to the energy sector. Be ready to discuss how you have ensured compliance in past positions and how you would approach this at Ofgem.
✨Communicate Clearly
You’ll be interacting with both technical and non-technical audiences. Practice explaining complex financial concepts in simple terms, as this will be crucial in your role. Think of examples where you've successfully communicated with diverse stakeholders.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Think about past challenges you've faced in finance operations, how you approached them, and what the outcomes were. This will help you illustrate your experience effectively.