ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, focusing on energy storage and renewable energy (solar, wind, biogas), while supplying energy to organisations of all sizes.

We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet. We are looking for individuals committed to helping turn our vision into reality.

We have an exciting opportunity for a Finance Manager to join our team on a 16 month FTC basis.

Purpose of role

The purpose of the job is to manage the International Power (IP+ subsidiaries) accounting team. The role involves the management and control of the accounting, reporting, treasury and daily operations of International Power Ltd.  (IP+ subsidiaries) and to manage the development of the Corporate Finance team.  

This is a hybrid role ideally assigned to our Newcastle office, where the successful candidate would be based two days per week.

Key Responsibilities:

• Lead, manage and develop the IP accounting team in the delivery of high-quality accounting services so that the reported results are robust and reliable;
• Responsible for reporting of approximately 40 corporate holding entities;
• Accounting records are maintained in accordance with ENGIE accounting policies and IFRSs;
• Working closely with the transactions team to make sure transactional work is outsourced to the Transactions team effectively;
• Leading the relationship with GBS and raising any issues or concerns with the day to day service;
• The delivery of robust and timely month end and key control processes for IP Ltd. and IP subsidiaries ensuring:

• • all processes are performed correctly and delivered to an agreed timetable. This includes clearing of control accounts, correct recording of management charges and other recharges (including ex-pat), capex, fixed assets, payroll etc;
  • journals are correct and approved to ensure their compliance with ENGIE accounting policies and IFRSs, especially where significant in size or where accounting judgement is required;
  • intercompany matching policies are applied (across profit and loss, cash flow and balance sheet for actuals, budgets and forecasts) and there is management and coordination of transfer pricing to ensure all intercompany transactions are

appropriately priced, monitored, recorded and managed in coordination with the IP tax team; and

• • mid-month bookkeeping activities are adequately performed, such as balance sheet account reconciliations, so that no significant issues are left pending or undiscovered;
  • detailed understanding and correct application of the IPR / Group’s service level agreements.

• Responsible for the accurate monthly management reporting, of International Power Ltd. and subsidiaries ensuring: 

• Business Partners understand their departmental costs;
• monthly reviews of the IP Ltd. balance sheet are conducted to include commentary of major variances;
• impairment testing is performed in advance of any proposed distribution, restructuring or known IP Group issues;
• a monthly reconciliation is performed, between SMART, the general ledger, management accounts and UK GAAP statutory accounts;
• monthly management accounts are prepared in accordance with FRS 101; and all covenant reporting requirements are planned for and delivered within the deadline.

• Accountability for timely preparation of quarterly management accounts for IP Ltd., to a statutory accounts standard, and annual and half year presentations, to meet reporting requirements of the Funding Agreement and Information Sharing Protocol with the Trustee of the International Power Group of the Electricity Supply Pension Scheme;
• Production of annual statutory accounts for IP Ltd. and subsidiaries  to statutory, to include the preparation of all supporting information for the notes to the financial statements;
• Lead the external audit for IP Ltd. and subsidiaries to include managing the relationship with the auditors, audit planning, issue resolution and audit clearance;
• Production of industry specific regulatory reporting, including Office of National Statistics reporting, IAS 19 pension reporting and any other statutory reporting to required deadlines in compliance with ENGIE accounting policies, IFRSs and legal and/or regulatory requirements;
• Coordinating, reviewing and challenging the IAS 19 pensions accounting provided by Contassur or other actuaries;
• Investigation and confirmation of any complex accounting matters;
• Assisting the tax team with any queries they may have in the submission of the tax returns or to help answer any tax enquiries;
• Responsible for the preparation and submission of the IP Ltd. and subsidiaries budget and forecasts to include working with departmental heads to ensure the budget/ forecast is as complete and as accurate as possible and is adequately monitored and controlled
• Preparation and/or review and challenge of steps plans for the purposes of Group restructuring activities, distributions and capital injections so that the legality is assured;
• Responsible for the annual impairment testing of International Power Ltd. and its corporate subsidiaries to ensure that the results of the impairment testing are correctly reflected in each company’s accounts;
• Maintain an accurate in depth analysis of realised versus unrealised profits in order to ensure distributable reserves are accurately recorded and the profit and loss is accurately presented in the accounting records;
• Reviewing and approving treasury and operational payments, maintaining segregation of duties; Banking administrator duties for all banking and BACs facilities;
• Ensure UK hedging policy is correctly applied, with active monitoring of forecasts to ensure currency risk is minimised
• Maintain relationship with Group Treasury and all third party stakeholders associated with treasury management
• To develop procedures and processes to bring accounts payable within the scope of the IP team and manage the accounts payable for IP and all the IP corporate subsidiaries;
• To develop procedures and processes to support the payroll and expenses processes as they migrate away from the shared service centre
• Support to ERP development projects as required by Group to migrate systems away from the Shared Service Centre. To subsequently oversee master data management of all financial systems used by the IP finance team
• To develop procedures and processes to ensure ownership of VAT returns is within the scope of the IP team and manage the VAT process for IP and all the IP subsidiaries; 
• To be the central point of contact for financial information required for all International Power stakeholders within the Group
• Lead, coach, mentor and develop the team ensuring that it is appropriately resourced, informed, engaged, utilised, trained and developed to be motivated and capable of meeting its objectives and to support the business.
• Provide support to GBUs reporting lead to share knowledge and best practice or training to get up to speed with Engie reporting requirements for the GBUs.
• Ensure teams are trained in all functions and are able to cover for each other in case of holidays or absenteeism.  

Experience & Qualifications:

• Demonstrable experience leading a team of qualified and non-qualified staff in a pressurised reporting environment;
• Experience in managing key business and client relationships;
• Strong technical knowledge and accounting skills, in IFRSs and UK law;
• Demonstrable experience in developing and applying internal control frameworks;
• Excellent planning and administration skills;
• Well-developed influencing and communication skills;
• Project/programme management skills;
• Ability to credibly influence and challenge at all levels within the organisation;
• Experience in challenging the status quo and fostering an innovative mindset within teams;
• Previous experience in the preparation, monitoring and management of internal and external reporting as required for a large company; and
• Demonstrable all-round experience working in a finance department, tax, VAT, treasury, accounts receivable, to be able to provide support, advice to other members of the team.

 Systems Experience Requirements

• Core central processes in a large organisation (R2R, H2R, P2P, O2C);
• SAP ERP;
• Banking and BACS payments systems;
• MS Excel; and
• SAP Business Planning and Consolidation.

Qualifications

• Qualified Accountant, with a minimum of 3 years post qualification experience.

Why ENGIE UK?

• Opportunity to make a significant impact on the future of energy supply.
• Collaborative and innovative work environment.
• Hybrid working options.
• Bonus programme.
• Healthcare cash plan.
• Employer pension contribution.
• Commitment to professional development and growth.

How to Apply

At ENGIE UK, we value diversity and are committed to creating an inclusive environment for all employees. Even if you do not meet all the requirements listed, we encourage you to apply. Your unique skills and experiences could be just what we need.

To apply, please submit your CV detailing your experience and why you are the ideal candidate for this role.