Management Accountant - Information Services

at  UK Power Networks

Reference Number - 78945
This Management Accountant - Information Services will report to the Senior Management Accountant and will work within the Finance directorate based in our Crawley office. You will be a permanent employee.
You will attract a salary of £55,000.00 and a bonus of 7.5%. This role can also offer blended working after probationary period (6 months) - 3 days in the office and 2 remote
Close Date: 26/05/2024
We also provide the following additional benefits
Annual Leave
Personal Pension Plan – Personal contribution rates of 4% or 5% (UK Power Networks will make a corresponding contribution of 8% or 10%)
Tenancy Loan Deposit scheme
Tax efficient benefits: cycle to work scheme
Season ticket loan
Occupational Health support
Switched On – scheme providing discount on hundreds of retailers products.
Discounted access to sports and social clubs
Employee Assistance Programme.

QUALIFICATIONS/SKILLS:

Sound accounting skills (focus on the calculation & posting of accruals and prepayments)
You can translate complex financial data into value adding insights.
Confidence to business partner across the business; including to senior figures/ SMT/ EMT.
An understanding of accounting regulations – with a focus on SAAS and Capex projects.
Commercial mindset with focus on continuous development and improvement.
Advanced Excel skills (PivotTables, SUMIFs, XLOOKUPs) – ability to streamline and automate repeat processes.
Experience with SQL, PowerQuery, PowerBI & other AI tools is desirable but not essential.
Qualified accountant, or near finalist (CIMA/ ACCA/ ACA)
Experience working in a Regulated industry is desirable but not essential.
Experience working in an IS function is desirable but not essential.
Health & Safety Responsibilities
Managers and supervisors carry both legal and company responsibilities for ensuring the health and safety of their employees, those under their control and those who might be affected by the work undertaken, i.e. public, visitors and employees of other organisations. This includes briefing individuals working for them and ensuring there is the necessary understanding, competence and application of requirements to work safely and without harming the environment.
Employees will ensure they understand the health and safety risks involved in their work activities and their responsibility to apply the controls needed to manage those risks to acceptable levels. Similarly where work activities can have an adverse impact upon the environment, and where there are legal requirements, employees will understand those impacts and the controls they must ensure are applied.
If in doubt ask!
We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace

JOB PURPOSE, NATURE AND SCOPE:

Leap into an exciting career with us at an electrifying time in the energy industry! Here, you’re not just joining any team – you’re aligning with an Employer of Choice where Finance goes beyond just crunching numbers.
Our Finance Business Partnering team of 35 is responsible for strategic partnering with the business - driving financial decisions that shape our future.
Your role goes beyond reporting the numbers – whilst you will manage all month-end processes – you will add value by delivering clear, detailed analysis of performance, highlighting and explaining deviations from plan and offering solutions.
To be successful in this role, you will have experience supporting the financials of an IS/IT function. You will have a commercial understanding of how to lead best value in an IS function, but will also deliver a month-end process. You are confident in your business partnering skills - demystifying financial results and delivering value-adding insights to allow the business to understand it’s performance. Although you will sit in Finance, you will become an important part of the IS management team.
Whilst you will have support of both your immediate & wider team, the bar for success is high we are looking for an independent financial professional to maintain the current high level of customer satisfaction whilst streamlining where possible.
You will work in our Crawley office, although there will be ad-hoc travel to our London office (15 minutes from London Bridge) where some of our IS team are based – for monthly management meetings along with regular business partnering.

PRINCIPAL ACCOUNTABILITIES:

Produce monthly management accounts which accurately represent company performance.
Identify and investigate variances to plan and ensure these are communicated and understood by, the business.
You will deliver value-adding insights on performance to the business.
Identify and deliver strategies to out-perform our targets.
In-person attendance & contribution to regular management meetings with senior figures from the business.
Prepare the annual budgets – ensuring we have clear, achievable budgets linked to benefits and deliverables.
Help prepare the necessary regulatory submission to Ofgem