At a Glance
- Tasks: Lead month-end revenue processes and reconcile revenue across various systems.
- Company: Join a growing finance and commercial team within a fast-growing energy platform.
- Benefits: Enjoy a salary of up to £75k with a bonus of 30-50% and hybrid working options.
- Other info: The position involves working with grid-scale battery storage assets.
- Why this job: This role offers exposure to trading arrangements and long-term revenue contracts.
- Qualifications: Candidates must be qualified accountants (ACA, ACCA or CIMA) with experience in power markets.
The predicted salary is between 75000 - 75000 £ per year.
We are looking for a Revenue Manager to support a growing finance and commercial team in processing and reporting cash and revenue across a portfolio of grid‐scale battery storage assets. This role will be responsible for ensuring that revenue is accurately captured, reconciled with self‐billing cash statements and reported on. The role combines strong technical accounting with commercial insight, offering exposure to trading arrangements, capacity markets and long‐term revenue contracts within a fast‐growing energy platform.
Key Responsibilities
- Revenue Accounting & Month‐End
- Lead month‐end revenue processes, including postings, accrued income and balance sheet ownership
- Ensure accurate accounting of all revenue streams (optimisation, ancillary services, capacity market and floor agreements)
- Maintain strong financial control across the revenue cycle
- Settlement, Reconciliation & Process Ownership
- Reconcile revenue across optimiser (e.g. EDF), market operators (NESO), EMRS and internal systems
- Investigate and resolve discrepancies in settlement, invoicing and data
- Own and continuously improve revenue reconciliation and settlement processes
- Support timely and accurate cash collection through clear understanding of revenue positions
- Reporting & Insight
- Support the commercial team to analyse performance vs budget for each of the revenue streams, developing a strong understanding of asset performance and trading drivers to explain revenue outcomes
- Ensure consistency between commercial data, reporting outputs and financial results
- Forecasting & Analysis
- Support and contribute to revenue forecasting and budgeting processes
- Work closely with the Commercial team to translate market activity into financial outcomes
- Audit & Governance
- Support external audit requirements relating to revenue, including preparation of audit deliverables and documentation
- Ensure appropriate documentation and controls are in place across revenue processes
Candidate Profile
- Qualified accountant (ACA, ACCA or CIMA)
- Experience in power markets, BESS or an energy trading / optimisation environment
- Strong understanding of revenue accounting, accruals and balance sheet management
- Exposure to energy market mechanisms (e.g. capacity markets, EMRS, ancillary services) or a willingness to develop this quickly
- Experience working with multiple data sources and reconciling complex datasets
- Commercially aware, with an interest in how contracts and market dynamics drive revenue
- Detail‐oriented, proactive and comfortable operating in a fast‐paced environment
- Strong understanding of who Elexon are or what a Capacity Market is
This is a permanent role paying up to 75k with a 30-50% bonus and hybrid working on offer.
Revenue Manager in London employer: Stanton House
Elexon is at the forefront of energy market mechanisms, offering a dynamic work environment. Employees benefit from a competitive salary, substantial bonuses, and flexible hybrid working arrangements. The team is dedicated to driving innovation in the energy sector.
