• Financial Modeller

    Job Locations UK-London
    Job ID
    2018-2001
    # of Openings
    1
    Business Entity
    Octopus Energy Investments
    Category
    Investments
    Type
    Permanent Full-Time
  • Overview

    We are looking for an experienced financial modeller to join the Portfolio team within Octopus Energy Asset Management (OEAM), which manages and reports on investments into £2.7Bn of energy generating assets in the UK, France, Italy and Australia. Expansion into other European territories is expected. 

    Responsibilities

    The Funds invested are a mix of Octopus managed retail products (EIS, VCT, ITS), institutional fund LPs and project finance from a range of banks. They have invested into c.300 energy generating companies that own solar power parks, wind farms, gas fired generators (also called Reserve Power, RP) and biomass and landfill gas projects as well as anaerobic digestion systems (AD).  The investee companies, which typically have no employees, are managed by specialist teams within OEAM who focus on driving performance from the underlying assets and manage the businesses, including finance, at SPV level. The Financial Modeller will liaise directly with these operating teams, to ensure the integrity of their SPV financial models – which are relied on for budget setting and control, day to day cash management and forecasting, distribution management, debt reporting and quarterly valuations.

     

    He/she will build new models as necessary for new technologies, funds or territories. Typically handing over the ongoing management of these models, once they are built, to other team members. The Financial Modeller will design and implement model design policies, support transition, including bridging, from one model to the next and oversee the training and ongoing support that enable the wider team to update and manage their models effectively and accurately on an ongoing basis. He/she will also design and implement an appropriate model integrity policy to include an internal and external auditing programme, adapted to the relative risk of each model, as well as tracking modelling errors and implementing strategies to minimise future errors.

     

     

    Qualifications

    The role requires deep excel modelling skills combined with an ability to step back and see the wider strategic purpose of each and every data point, and how all of the various models fit together and provide value for investors. The ideal candidate will have excellent interpersonal skills, they will be a great teacher (of modelling) and be naturally adept at bringing others along with their ideas and policies. He/she will be excellent at time management, not letting the day to day get in the way of meeting project deadlines.

     

    We are looking for a highly experienced modeller with proven experience of building and operating corporate or asset models. Investment/financial experience and an interest in renewable energy is an advantage but not a requirement. The ideal candidate will be expert at excel, proficient in VBA, have excellent interpersonal skills and a proven ability to work well with different teams. He/she will be highly organised, plan ahead and be comfortable delivering complex projects to tight deadlines. They will be passionate about detail, digging into information received and taking accountability for the accuracy and quality of models across the board, i.e. including those not operated by him/herself. They will thrive in fast moving and growing business – continually improving the systems, processes and the quality of models. A science degree or an MBA is preferred.

     

    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.

     

    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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