• Management Accountant - Central Finance

    Job Locations UK-London
    Job ID
    2018-1995
    # of Openings
    1
    Business Entity
    Octopus Investments
    Category
    Finance
    Type
    Permanent Full-Time
  • Overview

    About Octopus
    The Octopus Group includes Octopus Investments, Octopus Energy, Octopus Healthcare, Octopus Property, Octopus Ventures and Octopus Labs. Our aim is to have an impact in everything we do, and to make a vital contribution to the UK economy by helping people, companies and institutions generate wealth. We call it ‘a brighter way’, changing today for a better tomorrow. And we’re always on the look-out for smart, talented people who share our values

     

    Reporting into the Finance Manager, the role is pivotal to the Central Finance team, involving overhead reporting, business partnership and statutory accounts as well as other ad-hoc tasks as directed by the Finance Manager.  The ideal candidate will be a qualified accountant with 1-2 years' post qualification experience either in industry or practice.

     

    This role will have responsibility for all overheads within the Octopus Investments legal entity. The individual will be responsible for oversight of the accounts payable function and building a core understanding of costs incurred by the business. We are looking for an individual who has specific systems skills and understands how to use systems to ensure processes are efficient. The individual must be able to take ownership for the accuracy of the relevant sections of the P&L and balance sheet.

     

    Responsibilities

    • Preparation of the overheads section of the annual budget submission
    • Monthly budget holder reports
    • Monthly review of the Management Reporting pack (P&L, Balance Sheet, Cashflow)
    • Preparation of statutory accounts
    • Build a thorough understanding of all costs incurred by the OI business to support decision-making
    • Oversight of the accounts payable function and ensuring that accruals, prepayments and depreciation have been posted correctly.
    • Approval of invoices to ensure coding has been completed correctly
    • Review of VAT submissions
    • Ensure controls within the Finance team are adhered to
    • Ad-hoc requests as directed by manager
    • Be a valued business partner and build and maintain good working relationships with internal and external stakeholders

    Qualifications

    • Qualified accountant with 1-2 years' post qualification experience either in industry or practice.
    • Core understanding of all accounting principles (accruals, prepayments, statutory account preparation)
    • Self-motivated with the ability to work in a fast-paced environment with changing demands
    • Good analytical and numerical skills
    • Must be curious and seek to learn and make improvements
    • Proven ability to work on own initiative
    • Experience of managing or supervising the work of others
    • Demonstrably proficient with accounting systems and excel
    • Proactive individual who thinks beyond the task and understands the bigger picture
    • Attention to detail

    Desirable skills

    • Good understanding of accounting standards, VAT and corporation tax
    • Experience preparing statutory accounts
    • Focused on solutions rather than problems
    • Works efficiently and communicates in a professional manner.
    • Manages multiple tasks and documents processes and procedures
    • Works in an open and honest way
    • Integrates with other teams
    • Works effectively within a team and engages in giving and receiving feedback with colleagues

    Our values and DNA

    At Octopus we don’t just focus on what we do but also how we do it. Everyone to shares our values of being straightforward, helpful and bold. And while these are the principles that guide us as an organisation, our DNA goes even further, by revealing our inner strengths:

    • We are loyal: we fully buy-in to the company’s vision and believe in everything that Octopus stands for.
    • We are respectful: we live and breathe the Octopus values of being helpful, straightforward and bold.
    • We are resilient: we have an inner strength that means we never give in.
    • We are intellectually curious: we seek to understand how the world works and we’re always learning, adapting and improving.
    • We understand who our customers are: and because we know them really well, we always give them our very best.

     

    What we offer
    Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. This means we welcome discussions around flexible working hours. We also understand the value of diversity, and we have a team dedicated to promoting gender, ethnic, socio-economic,
    LGBT and disability equality, to make sure we back up our words with actions. All Octopus employees are given the opportunity to develop new skills, aim higher and accelerate their careers.

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