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Head of Group Accounting and Reporting

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Low Carbon

1mo ago

Applications are closed

  • Job
    Full-time
    Expert Level
  • Accounting & Tax
  • London

Requirements

  • Qualified accountant (CPA, ACA, ACCA, CIMA or equivalent)
  • Significant experience in accounting operations or Group accounting within a growing global organisation
  • Have a strong background in management of a finance operations or reporting environment, and / or experience of delivering a continuous improvement agenda
  • Knowledge of key business process technologies, including Enterprise Resource Planning (ERP) systems, Consolidation systems & Account Reconciliations systems
  • Ability to identify and diagnose continuous improvement opportunities
  • Proven ability to design and effectively implement policies, procedures, and a track record of superior customer service to employees, customers and/or vendors
  • Good communication, can do attitude and aptitude to see the bigger picture

Responsibilities

  • Oversee and review regular financial reports, providing insights into the company's financial performance at the Low Carbon group level
  • Coordinate all Group Controllership activities, including consolidated accounts, year-end/quarter-end reporting, external reporting, and audits
  • Drive month-end cadence for Management Reporting with the Record to Report (RTR) team
  • Report month-end actuals across the group, ensuring data consistency
  • Collaborate with the Low Carbon Finance Services RTR team to define and track key financial and operational performance metrics
  • Develop and maintain a control framework for financial controls, disclosures, and regulatory compliance
  • Create, maintain, and publish accounting and compliance policies, including financial statement disclosures and reports
  • Ensure financial compliance with regulatory and accounting standards, preparing for external audits, including tax regulations
  • Review technical accounting memos to ensure correct accounting treatments in standalone and consolidated financial statements
  • Provide financial insights and strategic recommendations to senior management, identifying risks and opportunities for growth
  • Enhance financial systems and processes for improved efficiency and data accuracy
  • Monitor Finance processes to identify bottlenecks and improvement opportunities
  • Ensure RTR processes comply with accounting standards, SOPs, regulations, and Low Carbon policies
  • Responsible for forecasting group Opex monthly and for the annual budget process

FAQs

What are the key responsibilities of the Head of Group Accounting and Reporting?

The key responsibilities include overseeing and reviewing regular financial reports, coordinating all Group Controllership activities (such as consolidated accounts and audits), driving month-end reporting with the RTR team, ensuring data consistency in month-end actuals reporting, collaborating with the Low Carbon Finance Services RTR team, maintaining a control framework for financial compliance, creating and publishing accounting policies, preparing for external audits, providing financial insights to senior management, enhancing financial systems, monitoring finance processes, and forecasting group Opex.

What qualifications are required for this position?

Candidates are required to be qualified accountants (CPA, ACA, ACCA, CIMA or equivalent) and have significant experience in accounting operations or Group accounting within a growing global organization.

What skills and experience are preferred for the Head of Group Accounting and Reporting role?

Preferred skills and experience include a strong background in managing finance operations or reporting environments, knowledge of key business process technologies (such as ERP systems), the ability to identify continuous improvement opportunities, a proven track record in designing and implementing policies, and strong communication skills with a customer service orientation.

What type of working model is offered for this position?

The position offers a hybrid working model, requiring a minimum of 3 days a week in the office.

What benefits and compensation are provided for this role?

Benefits and compensation include 26 days of holiday plus your birthday off, discretionary bonuses, Bupa Health Check & Private Healthcare for you and your family, contributory pension, cycle scheme, season ticket loan, commercial discounts via Pluxee, additional days for volunteering, and annual childcare, eldercare, and pet care credits.

How does the Head of Group Accounting and Reporting interact with other teams and stakeholders?

The Head of Group Accounting collaborates closely with stakeholders across the business to understand cash flows, partners with the Low Carbon Finance Services RTR team to track financial metrics, and manages relationships with auditors and other third parties.

What is the importance of the control framework mentioned in the job description?

The control framework is crucial for ensuring financial controls, disclosures, and regulatory compliance, which helps mitigate risks and maintains the integrity and accuracy of financial reporting within the organization.

What opportunities for continuous improvement does this role involve?

This role involves identifying bottlenecks in finance processes, enhancing financial systems for improved efficiency, and driving a continuous improvement agenda to streamline operations and reporting.

What is the expected involvement with external audits for the Head of Group Accounting and Reporting?

The Head of Group Accounting will prepare for external audits, ensuring compliance with accounting standards and tax regulations, and will review technical accounting memos to confirm proper accounting treatments.

What financial insights are expected to be provided to senior management?

The Head of Group Accounting is expected to provide strategic recommendations by identifying risks and opportunities for growth based on financial performance analytics and insights.

Low Carbon

Renewable energy investor and asset manager

Energy
Industry
51-200
Employees
2011
Founded Year

Mission & Purpose

Low Carbon creates renewable energy to fight climate change. We’re building a global net-zero energy company that will power tomorrow and protect the planet for future generations. Low Carbon was established in 2011 with one goal in mind: to make the biggest contribution possible in the fight against climate change. The aim is to make a defining contribution to the historic effort to move the world to 100% renewable energy. Low Carbon are a long-standing certified B-Corporation, and recognized as Gold Standard for their environmental impact. Low Carbon’s climate ambitions are to become one of the world’s first major net-zero energy companies and to have created 20GW of new renewable energy capacity by 2030. Low Carbon is on a mission. Together, we will power tomorrow.