Octopus Hiring for Finance Manager – Octopus Real Estate Job at London, England Full Time

Octopus

Octopus is a group of innovative, entrepreneurial businesses investing in the people, ideas and industries that will help to change the world. We are experts in financial services and energy, and we’re also a certified B Corp, meaning we care as much about the impact of our investments as the returns they generate. Today we manage more than £12.4* billion on behalf of retail and institutional investors. Our energy supply business is one of the fastest growing companies in the UK, reaching 3.1 million customers in just five years, and is the only supplier to be recommended by Which? four years in a row.

Octopus Energy, Octopus Giving, Octopus Moneycoach, Octopus Investments, Octopus Renewables, Octopus Real Estate, Octopus Ventures, Octopus Wealth and Seccl Technology are all part of Octopus Group. Visit octopusgroup.com.

• Funds Under Management data includes undrawn commitments, funds under advisory mandates, funds monitored and the Octopus Cash service as of 31st December 2021

An exciting opportunity has arisen for a Finance Manager to join the Octopus Fund Management Reporting and Control team, within the Octopus Real Estate (ORE) division to oversee financial reporting and control across ORE’s property lending business. This area of the business manages over £1.9bn across 11 retail and institutional products, with further products expected to launch within the next 12 – 18 months.

The Finance Manager will report directly to the ORE Financial Controller and be responsible for managing a team of four qualified and part-qualified accountants to ensure the accurate and timely production of all financial and regulatory reporting across the property lending business. You will have a comprehensive understanding of all aspects of the products, their portfolios, and their regulatory and accounting requirements, using this knowledge to provide insightful information to internal and external stakeholders. You will also have the opportunity to be involved in the launch of new products from the outset and to shape their reporting processes.

Essential Job Functions and Responsibilities:

Commercial

• Maintain a thorough understanding of property lending products and the current issues impacting them, applying this knowledge to reports and narrative produced.
• Communicate effectively with internal and external stakeholders, including the presentation of financial information to Institutional Investors.
• Be the finance lead for new property lending funds or products, ensuring robust and effective reporting processes and controls are in place from the outset.

Reporting

• Ensure statutory and management information is produced to a consistently high standard and on a timely basis to meet strict deadlines.
• Liaise with external administrators, auditors and tax advisors as required to ensure audits are accurately and effectively delivered in line with fund documentation, and that all tax regulations are complied with.
• Drive the automation of reporting, including integration of management reporting prepared in PowerBI with ORE’s loan management system.

Other

• Line management of four qualified / part-qualified accountants, taking ownership for objectives, deliverables, development, and performance management.

Qualifications and Experience

• Qualified accountant (ACA / CIMA / ACCA or equivalent) with 4+ years’ post-qualification experience.
• Excellent technical skills, including experience of IFRS and UK GAAP.
• Experience leading a team, managing performance and setting challenging objectives.
• Strong Real Estate sector credentials and a proven track record of delivering results.
• Exceptional attention to detail and able to deliver accuracy in a high pressure environment.
• Confidence to present, influence others and lead.
• Flexible and willing to adapt to changing team requirements.
• Focus on both the big picture and detail when required.
• Good organisational skills with an ability to multi-task.
• Experience of Sun / Vision and / or PowerBI an advantage.

Additional Information

Our Values

At Octopus we don’t just focus on what we do but also how we do it. Everyone shares our values of being straightforward, helpful and bold. And while these are the principles that guide us as an organisation.

Additional information

We’ve built an exciting and inclusive high-performance culture where employees feel empowered. All our employees are given the opportunity to develop new skills, aim higher and accelerate their careers. We strongly believe in supporting our employees to bring their best, authentic self to work. We’ve worked hard to ensure our benefits offering has been designed to motivate through ownership and to offer support for you, and your family, through many different services. We’re constantly reviewing and enhancing what we have on offer but here’s a brief overview, and there’s heaps more too:

A really valuable share ownership scheme, competitive salary and discretionary bonus, an openness to flexible working, Anchor (our wellness hub) which includes Headspace, one to one coaching through Sanctus, Parent Cloud, Shout & much more, a take what you need holiday policy, enhanced family leave policies, pension, life assurance and healthcare. We also focus our efforts on Octopus Giving, our charitable foundation dedicated to helping charities which are making the world a better place and on Octopus Springboard where we help our employees become fully-fledged entrepreneurs.

We recognise that over the last 18 months the way people work has changed, we’re a business whose fantastic culture has been built on face-to-face interactions with our customers and of course each other. At our heart we’re a sociable business and we’re keen to maintain this moving forward but also appreciate the benefits working from home can bring to our life and work productivity. Our teams are coming back into the office 3 days a week, however we’re allowing teams the freedom to make this work best for them and for our business. We also recently introduced a policy which allows our employees to work overseas for up to a month per year, usually in the summer months.

We’re committed to creating a diverse and inclusive employee experience for all. We’re committed to promoting equal opportunities for growth and development regardless of race, gender, religion, sexual orientation, age, disability, or socio-economic background. We believe strongly that teams are at their best when every member of the team feels safe to bring their whole self to work.