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Financial Accountant

Octopus

London

On-site

GBP 40,000 - 80,000

30+ days ago

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Job summary

Join a forward-thinking company dedicated to making a difference in the world through innovative financial solutions. This exciting role in the Octopus Inheritance Tax Services team offers a unique opportunity to oversee key financial operations, including management accounts and consolidations. You will work closely with a talented team, engage in meaningful projects, and contribute to the overall success of the organization. With a commitment to employee well-being and a diverse workplace, this position provides a supportive environment where your skills and contributions will be valued. If you're ready to take your career to the next level, this is the perfect opportunity for you.

Benefits

Competitive salary

Bonus

Pension plan

Share incentive plan

Untracked holiday

Hybrid working

Wellness hub access

Paid parental leave

Life insurance

Private medical insurance

Qualifications

  • Qualified accountant with group consolidation experience required.
  • Experience in financial reporting and audit is essential.

Responsibilities

  • Manage EIS funds and OITS portfolio, including management accounts.
  • Collaborate with finance teams for monthly and yearly reporting.
  • Conduct audits and prepare statutory financial statements.

Skills

Group consolidation experience

Financial reporting

Audit background

Adaptability to changing work demands

Effective communication

Education

Qualified accountant (ACA or ACCA)

Tools

Consolidation software

Job description

Company Description

At Octopus, we're entrepreneurs and we're investors, on a mission to back the people, ideas and industries that will change the world.

We think working here is great, but we're understandably biased. Click here to explore Life at Octopus.

Job Description

What's in it for you?

This exciting opportunity will be part of the Octopus Inheritance Tax Services ("OITS") Finance team and reporting into the Senior Finance Manager, the role involves ownership of elements of a large group and other standalone entities. This role will be positively challenging where you will have the opportunity to get well-rounded experience of the full cycle.

The team

You will be part of a team of 8 reporting into the senior finance managers. This includes owning consolidations, month-end management accounts for holding companies, financial reporting and audit, and undertaking of ad-hoc projects and analysis as directed by the OITS management team (2 Senior Finance Managers & Financial Controller).

Responsibilities

  • Complete understanding of the Octopus Inheritance Tax Products ("OITS"), the companies within their portfolios and the commercial operations of those entities.
  • Full ownership of EIS funds and certain parts of the OITS portfolio, including completing management accounts for the respective entities.
  • Ownership of sub-consolidations in the Fern group as needed, covering energy, housebuilding or fibre.
  • Working with the newly implemented consolidation software.
  • Work closely with internal and external finance teams, in order to prepare, review and deliver the monthly, quarterly and yearly management reporting.
  • Review subsidiary budgets prepared by internal and external finance teams, and challenge assumptions to ensure consistency across divisions.
  • Work with Company Secretarial to ensure investments, distributions and other equity transactions are calculated and recorded correctly.
  • Work closely with the auditors, accounts preparation team, tax team and other parties to deliver the audit and statutory financial statements of entities owned.
  • Research new technical areas and provide recommendations on accounting policy. Draft accounting papers on new transactions or changes to accounting policy.
  • Support the Financial Controller & Senior Finance Managers to improve reporting processes.
Qualifications
  • Qualified accountant (ACA or ACCA)
  • Ideally from an audit background or financial services background
  • Group consolidation experience essential
  • Responds quickly to changing work demands
  • Works effectively with peers and engages in giving and receiving feedback with colleagues
  • Thinks about the wider picture and 'how this could be done better?'
Additional Information

What we offer

A competitive salary, bonus, pension and share incentive plan
Untracked holiday
Hybrid working - minimum 3 days a week in the office
Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP & more
Up to 6 months paid parental leave regardless of gender
Life insurance, critical illness cover and income protection
Private medical insurance for you and your family
Electric vehicle leasing
The option to work overseas up to a month per year

Our Values
At our core, we believe that how a company behaves is just as important as what it does. That's why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests of all our stakeholders - employees, customers, communities, environment and shareholders - are considered in every decision we make.

We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio-economic backgrounds. We believe teams achieve their best when every member feels safe, respected and empowered to be their authentic selves.

We're proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we'll be happy to accommodate where possible.
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