Commercial Management Accountant

hygenenergy.com; Leeds; Hybrid; GBP 40,000 - 80,000

Job description

Commercial Management Accountant – 2 year fixed term, full time contract

Hybrid working, including three days in our Leeds based project office.

Summary:

We have a fantastic opportunity for an experienced Commercial Management Accountant to join Bradford Low Carbon Hydrogen Limited (BLCH) and play a pivotal role in delivering one of the UK’s largest low carbon hydrogen production facilities.

BLCH is the largest scheme to be subsidised from the Government’s first Hydrogen Allocation Round, which aims to bridge the gap between the cost of hydrogen and counter factual fossil fuels. The trailblazing facility, based in the heart of Bradford, comprises hydrogen production, storage and fuelling facilities and once operational will produce up to 12.5 tonnes of low carbon hydrogen daily.

In addition to a proven track record and qualification in management accounting, the successful candidate will ideally have experience of working on a Contract for Difference (CfD) within the electricity industry (the same mechanism now being used to stimulate hydrogen production).

BLCH is a Joint Venture partnership between hydrogen production developers Hygen Energy and N-Gen Energy Solutions.

Duration:

For an initial two-year period, during the build of the facility, the postholder will work as a contractor (e.g. limited company) for BLCH. There is the option to extend the role into the operational phase of the project.

Key Responsibilities:

• Prepare management accounts for inclusion in board reporting.
• Fulfil the reporting requirements of government contracts including the Grant Fund Agreement and Low Carbon Hydrogen Agreement.
• Develop commercial strategies to deliver costs within budgets.
• Update the operations model for BLCH and regularly report valuation.
• Prepare status reports and support the financial audit process.
• Manage the accounts for BLCH, including the payment and collections process.
• Prepare budgets and detailed forecasts and accurately report financial performance, to support quarterly cash calls to shareholders.
• Risk assess and manage control of BLCH, minimising financial and commercial risk and ensure appropriate controls are in place and complied with.
• Ensure all financial aspects and impacts of a contract are clear to all stakeholders.
• Work as an effective team member, supporting colleagues and working towards collective goals.
• Supervise the Quantity Surveying function for commercial management.
• Coordinate commercial contract arrangements and terms of engagement for various forms of contract.
• Challenge & manage cost control and provide cost mitigation measures where appropriate.

Skills and experience required:

• Qualified Member of a Professional Accounting body (ICAEW, CIMA, ACCA).
• Excellent communicator with a pro-active approach. Ability to interact with all levels of the organisation, be professional, detail conscious and continually seeking improvement.
• Experience of working on Contract for Difference (CfD) contracts is preferred, but not essential.
• Experience of presenting to a wide variety of audiences (Financial & Non-Financial).
• Excellent organisational & record keeping skills and task management skills.
• Self-motivated. Capable of working under minimal supervision and on own initiative.
• Experience of successfully managing and implementing change and improvement.
• Must be an excellent communicator with a pro-active approach. Ability to interact with all levels of the organisation, be professional, detail conscious and continually seeking improvement.
• Work flexibly to meet the needs of the role including occasional travel to other locations within the UK.