Financials Manager

Posted 2 Days Ago
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London, Greater London, England
Hybrid
Junior
Energy
The Role
As a Financials Manager at Octopus Energy, you will lead financial forecasting, analyze margins, and provide insights to optimize financial performance. You will collaborate with various teams to ensure financial strategies align with growth objectives and develop margin optimization strategies while preparing monthly performance reports.
Summary Generated by Built In

We’re looking for a Financials Manager to join Octopus Energy for Business (OEB) and support our expanding business energy supply. 


At OEB, we support UK businesses with their journey towards decarbonisation. Combining smart green energy solutions with exceptional customer service, transparent and fair pricing, and innovative tariff structures, we aim to accelerate the business sector’s transition to net zero whilst providing low-cost energy that meets the needs of our customers. 


We’re seeking a highly skilled and detail-oriented Financials Manager to join our team. In this role, you’ll be responsible for driving the company's business forecasting processes, analysing margins, and providing actionable insights to optimise financial performance. You’ll collaborate closely with decision makers, finance teams, and business units to ensure that financial strategies align with the company's growth objectives.


This is a hybrid role based out of our London office. You’ll be expected to spend at least 3 days a week in the office so that you can build relationships and collaborate with colleagues across the business.

What You'll do:

  • Provide consistent portfolio level reporting for OEB to determine overall net margins. This will include revenue, cost of sales, debt and operational expenditure.
  • Lead the development and management of the company’s forecast, ensuring accuracy and alignment with strategic goals.
  • Work with the team to interrogate the entire cost stack to influence pricing decisions.
  • Develop margin optimisation strategies, including pricing adjustments, cost reductions, and process improvements.
  • Improve accuracy of gross margin calculations in partnership with Finance and Pricing teams.
  • Lead meetings with colleagues and senior management to provide clear options in the decision making process.
  • Work closely with the pricing team to influence key decisions to ensure we provide customers with a wide range of tariffs which are set with a conscious view of outturned margins.
  • Provide monthly reporting packs to monitor different aspects of performance including budgets and variance analysis.
  • Work closely with business units to gather key inputs and assumptions for accurate forecasting.

What You'll Need:

  • Ideally 2+ years of financial, commercial or pricing experience in the energy industry
  • Have previous experience with reporting margins
  • A track record of demonstrating financial acumen in commercial roles
  • Excellent communication skills with the ability to summarise key findings to senior management
  • Enjoy solving complex problems
  • Enjoy taking responsibility for an area
  • Can summarise findings and communicate in a clear and targeted manner
  • Like to learn about new and complicated areas
  • Enjoy constantly streamlining and introducing new processes

Why You'll Love It Here:

  • Wondering what the salary for this role is? On a call with one of our recruiters, this is always something we cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
  • Octopus Energy is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership

If this sounds like you then we'd love to hear from you.


Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!


Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

The Company
HQ: London
724 Employees
On-site Workplace
Year Founded: 2015

What We Do

We’re not your typical energy company. We want to change energy for the better by making it greener, smarter, and more affordable for everyone. Not only are we one of the biggest generators of renewable energy in the UK, we’re also one of the top-rated energy suppliers.

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