Management Accountant

About the role

London (GB) · Octopus Electric Vehicles – Finance · Full-time · Hybrid

What we do. Electric Car Leasing

Why we do it. Greener. Fairer. Future.

Your role will include the coordination and preparation of the monthly management accounts for our electric vehicle leasing business, reporting on variances as required and providing commercial insight.

You will be working within the Accounting team and wider Finance team to assist with day-to-day financial management and importantly in the identification and implementation of process improvements.

The electric revolution has arrived - and from 2035 you’ll no longer be able to buy a new petrol or diesel car in the UK.

We’re building a whole new way for drivers to join the electric charge and not only learn about and shop for their EV online, but experience a 'lease for life' through an industry changing customer experience. This is the chance to join one of the UK’s most exciting start-ups – making it easy for individuals and businesses to go electric by getting their car, charger and energy all in one cracking deal.

Octopus Electric Vehicles launched in 2018 to make it seamless to switch to cleaner, greener driving. Our mission is to drive sustainable change, decarbonise the planet and provide our customers with fair pricing and a fantastic experience.

We're an Octopus Energy company—an innovative new energy supplier. We are part of the Octopus Energy Group, which seeks to improve the lives of millions of people by transforming the industries we operate in. The Octopus Group incorporates Octopus Energy, Octopus Healthcare, Octopus Investments, Octopus Property, Octopus Ventures and Octopus Labs.

Seniority level: Mid-Senior level

Job function: Finance

Industries: Environmental Services, Utilities, and Retail Motor Vehicles

Responsibilities

• Monthly management reporting for Octopus Electric Vehicles and other entities, this includes the preparing and reviewing balance sheet reconciliations, preparing accruals, liaising with finance representatives to finalise results
• Analyse monthly results and prepare commentary for senior management and be able to explain any unexpected results
• Assist with the preparation of consolidated reporting for the wider Octopus Energy Group and external party submissions to fixed deadlines
• Assisting department heads with day to day finance management of the business
• Engage with internal business to implement financial controls and process improvements
• Work with group company structures and intercompany transactions including foreign exchange transactions
• Assisting with the IFRS 16 leasing adjustments for monthly reporting
• Collaborate on audit preparation, VAT documentation, and regulatory filings
• Assisting with creditor and debtor ledgers and dealing with any queries regarding payments or receipts
• Quarterly VAT return/s

Requirements

• Qualified Accountant preferred (ACA, ACCA, CIMA)
• Minimum 3 years experience in finance or accounting
• Advanced Excel skills
• Must be able to effectively communicate and present to senior management
• Knowledge of UK and international GAAP and IFRS accounting standards
• Demonstrate ability to liaise with internal and external stakeholders confidently
• Thrives in a scale-up, high-transaction environment with evolving needs
• Highly organised, detail-oriented, and self-motivated
• Experience with Netsuite accounting package (preferred but not essential)
• Financial services experience (preferred but not essential)
• Experience with securitisation funding structures/special purpose vehicles (preferred but not essential)
• 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!