Junior Finance Analyst

2 weeks ago

London, Greater London, United Kingdom Techforgoodjobs Full time
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Do you love analysing and getting value from data? Do you also have experience and an understanding of finance and accounting? If you're a "strong yes" to both of those questions then you'll love this role......

Octopus Energy Group is now the largest supplier of electricity to UK householders, with over 7.5 million customers worldwide and a multi-billion pound turnover.

Our Gross Margin team delivers value to the business through reporting, assurance and bespoke analysis relating to the gross profit margin section of the retail P&L, using incredibly granular data and superb tooling.

You'll be playing an important role here in our supportive team of data analysts, accountants and data engineers, working particularly closely with another Financial Analyst already in post.

This is a hybrid role based out of our London office.

We would like you to spend at least 2 days a week in the office so that you can build relationships and collaborate with colleagues across the business, although we can have conversations around flexibility here.

The more of the below skills you have the higher the probability that you'll be a good fit for this role.

Our perfect person would meet a minimum standard in all of these areas... but we place an equally high value on an ability to pick up new skills and knowledge ... and nobody (least of all us) is perfect
Can code in SQL / Python / another programming language
Have an accounting or finance qualification eg from ACA / ACCA / CIMA / AAT or equivalent experience
Enjoy solving complex problemsEnjoy taking responsibility for an area
Can summarise findings and communicate in a clear and targeted manne
rHave 3 to 5 years experience in related roles
Like to learn about new and complicated areas
Enjoy constantly streamlining and introducing new processes
Have Energy Industry knowledge
Can present to senior management
What you'll do
Variance analysis and problem solving for UK retail month-end reporting (with the other Financial Analyst), with specific focus on improving SME revenue and cost of sales accuracy
Working with the other Financial Analyst, take ownership of reporting and modelling of the industry costs we incur
Develop reporting tools to reduce metering costs and improve accounting accuracy (with the Metering and Data teams)
Use our data to add new analysis and insight, including projects such as:Improve cashflow modelling by building out our cost accrual process
Automate purchase invoice checks and authorisation, also by building out our cost accrual processIdentify margin opportunities and trends in our data using granular cohort analysis
Analyse forecast margin versus outturn margin to enhance pricing competitiveness
Improve accuracy of gross margin calculations as needed (with the rest of the team)
Lead meetings with colleagues and possibly senior management
Work closely with financial auditors, particularly during Year End
Purchase invoice checks and authorisation
Submit returns to Ofgem and DESNZ

Please answer the short additional questions as well as attaching your CV in order to progress to the interview stages for this role.

Why else you'll love it here
~ Wondering what the salary for this role is? Just ask us On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit

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