Junior Management Accountant in Kings Langley

Do you want to work to make Power for Good? We are the world's largest independent renewable energy company, guided by a vision to create a future where everyone has access to affordable, zero carbon energy. Achieving our goals would be impossible without our people, who are our most important asset. That's why we continually invest in them. RES is a family with a diverse workforce, dedicated to the personal and professional growth of our people, no matter what stage of their career they are at.

We promise rewarding work that makes an impact, the chance to learn from inspiring colleagues across a growing global network, and opportunities to grow personally and professionally. Our competitive package offers rewards and benefits including pension schemes, flexible working, and a top-down emphasis on better work-life balance. We also offer private healthcare, discounted green travel, 25 days holiday with options to buy/sell days, enhanced family leave, and four volunteering days per year.

This role could be based in either the Kings Langley or Guildford offices.

Job Purpose

The UK & I Asset Management department is a growing team whose purpose is to deliver financial support services under Management Service Agreements (MSAs) across multiple clients owning renewable assets, including onshore Wind Farms, Solar Farms, and storage farms. The team acts as an outsourced finance business partnership, delivering key tasks such as:

• Monthly management accounts with comparisons and analysis to budget
• Cashflow forecasts
• Distribution calculations
• Annual budget preparation
• Bank loan compliance
• Financial statement preparation including audit process management and tax return oversight

It is essential to maintain a strong control environment and professional scepticism throughout the team, ensuring processes and procedures are robust, well documented, and constantly monitored. The business continues to grow rapidly, requiring an individual who can quickly adapt to changes in priorities and ensure that an allocated portfolio of legal entities receives the quality service expected.

The AM Finance department manages over 150+ companies and a team size of 22 across 12 clients. There is a need for an additional junior management accountant responsible for the day-to-day financial activities of several legal entities (12+ operating assets, Holdings companies), with regular reporting to internal stakeholders and external clients.

The successful candidate will handle financial tasks from start to finish with minimum supervision, ensuring monthly management accounts are completed on time, including cash flows, prepayments, accruals, journal posting, and reporting, with a focus on providing excellence to our clients. Additionally, the management accountant is responsible for ensuring statutory accounts are prepared timely and ensuring compliance with IFRS, FRS 101, and FRS 102 standards while interacting with internal finance team members, operational managers, external auditors, and clients.

They may also support current Management Accountants in case of ad hoc or special projects, holidays, absences, or other short-term needs.

Organisational Context

The Asset Management department looks after wind farms, solar, and storage plants in the UK and Ireland on behalf of clients. Services include technical, financial, and commercial asset management. Within this department, the finance team is responsible for commercial, financial, and statutory compliance to lenders and asset owners (internal and third party) and provides support to the wider Asset Management team.

Key Accountabilities

• Preparation of monthly management accounts including all journal postings
• Manage and deliver cash flow forecasts by liaising with internal asset managers and clients
• Debtor management for entities
• Preparation of periodic financial reporting and variance to budget analysis for internal and external clients
• Preparation and submission of periodic VAT returns for entities
• Assist in the preparation of annual budgets and quarterly forecasts
• Assist in preparation of statutory accounts and annual audit for SPV companies in IFRS, FRS 102 or UK GAAP
• Support onboarding of new projects into the asset management portfolio
• Support continuous improvements to accounting and reporting processes
• Support regular queries from the operational business
• Execute additional tasks to meet changing business needs and departmental objectives
• Business partnering with respective asset managers for internal reporting

Knowledge you will need

• Strong accounting knowledge
• Understanding of both management and statutory accounting
• Some knowledge of IFRS, FRS 102, FRS 101, and UK GAAP preferable but not essential

Skills you will need

• Proven experience in producing detailed management accounts
• Excellent Excel skills and willingness to advance
• Excellent technical accounting skills
• Attention to detail
• Quick learner with minimal supervision
• Proactive, 'can do' attitude focused on continuous improvement
• Good communication skills and confidence to communicate with external parties
• A team player with the discipline to work autonomously
• Ability to prioritise and manage multiple tasks and deadlines
• Good problem-solving skills

Experience you will have

• Experience of monthly, quarterly, and annual management accounting routines within a commercial organisation
• Good experience of using an ERP system
• Experience in communicating with non-financial internal stakeholders
• Some experience in preparation of statutory financial statements preferred but not essential

Qualifications you hold

• Part Qualified accountant (ACA/ACCA/CIMA)
• Graduate studying to be a professional accountant with experience in finance and accountancy studies

At RES, we celebrate difference as it makes our company a great place to work. We encourage applicants with different backgrounds, ideas, and points of view, creating teams who work together to solve complex problems and design practical solutions for our clients.