About the role

Great Britain's electricity system is undergoing an ambitious, exciting and vital transformation. Together with industry, we are creating a cleaner, greener system, one that protects the planet and serves generations to come.

Reporting to the Project Finance Lead, the Projects Accountant (Fixed Assets & Capex) is responsible for managing all FSO capex and fixed asset financial reporting, executing appropriate financial controls and ensuring information recorded and reported is timely, accurate and in line with FSO accounting policies.

This role is based from Warwick, with travel to Wokingham when required, and we continue to offer hybrid working from office and home.

About us

The ESO has a key role to play in tackling climate change by transitioning GB’s electricity system to net zero. We already operate the fastest decarbonising electricity system in the world, with an ambition for zero carbon operation by 2025. And by 2035, we want to run 100% clean, green energy, all the time.

Becoming the Future System Operator
In 2021, government and Ofgem jointly consulted on proposals for an expert, impartial Future System Operator (FSO) with responsibilities across both the electricity and gas systems, to drive progress towards net zero while maintaining energy security and minimising costs for consumers. In October 2023, the Energy Act 2023 was passed, legislating for this Future System Operator to be created.

The ESO, including all of its existing roles, will be at the heart of the new Future System Operator. We will be taking on additional roles across vectors and sectors to create an organisation with a whole energy system mindset; enabling us to identify solutions to our energy system that are more sustainable, secure, and affordable for all.

The FSO will be set up as a public corporation with operational independence from government – bringing parties together to support optimised decision making and action. As now, it will be licenced and regulated by Ofgem through price control agreements. It is anticipated that the new organisation will be up and running in 2024.

The time to act on climate change is now. As part of our team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come.

Key accountabilities

• Deliver high quality fixed asset and capex financial reporting support to the Project Finance team and the wider business, including:

• Supporting the Project Finance Lead in developing the overall management reporting of project and fixed asset data and providing analysis and insight into the fixed asset and capex elements of that reporting.
• Building strong relationships across Finance and the FSO to ensure internal customer needs are understood, and that financial deliverables and timescales are agreed and adhered to, with queries resolved in a timely fashion.
• Ensuring that all controls for the function are properly conducted and any deviations are escalated as appropriate and remedied accordingly.
• Support the delivery of interim and full year audits, acting as the point of contact for the Auditors for fixed asset queries.
• Be recognised as a critical trusted partner for the business in the field of Fixed Assets and capex, utilising financial expertise and business knowledge to provide support to the wider business.
• Working closely with the Investment Accountants and project teams in the business, providing training where appropriate to ensure fixed asset processes are understood and adhered to on a timely basis.
  

About you

What we do isn’t just important – it’s essential. That’s why we look to recruit experts in their field. In this case, we’re looking for someone who:

• Fully qualified accountant (member of CIMA, ACCA, or ACA).
• Knowledge of accounting for Fixed Assets, including settlement, fixed asset commissioning (FACC) and disposal (FADC) processes.
• Strong financial and management accounting/reporting skills.
• Experience in a similar fixed asset accounting role.
• Experience of using SAP S/4 HANA, in particular the fixed asset modules, is preferred.
• Good understanding of governance, risk, and internal control frameworks.
• Excellent communication and stakeholder management skills.
• Good data management skills.

What you'll get

A competitive salary between £45,000 – £50,000pa dependent on experience and capability.

As well as your base salary, you will receive a bonus based on company performance, 26 days annual leave as standard and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%.

More information

This role closes on 25/01/2024 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

We work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.
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