Finance Director

London, UK
Full-time

Company Description

At Octopus we’re transforming the industries we operate in and improving the lives of millions of people. We’ve built market-leading positions in a number of specialist sectors, including smaller company financing, renewable energy, healthcare and property finance. We employ in excess of 800 people and manage more than £8.3 billion on behalf of over 50,000 investors. Our products don’t just help real people solve real life problems, they also make a positive impact on the world around us.

The Octopus Group incorporates Octopus Energy, Octopus Real Estate, Octopus Investments, Octopus Ventures, Octopus Wealth and Octopus Renewables. Our aim is to have an impact in everything we do, and to make a vital contribution to the UK economy by helping people, companies and institutions

Job Description

About the Role

The role reports to the Chief Operating Officer and has the following responsibilities:

  • Management responsibility for the Octopus finance function
  • Oversight of financial and regulatory reporting
  • Monthly presentation to the Board and Executive Committee of the Group’s performance across all business units
  • Build out and invest in the Financial Planning and Analysis function including:
  • Preparation and finalisation of monthly MI reporting suite and analytics for the Board and Executive Committee – providing deep and meaningful analytics across the businesses in all aspects of financial business performance
  • Build strong and robust reporting models that support changing business requirements
  • Lead the analytical cycle and areas of focus for senior management, supporting the Board and Executive for senior meetings
  • Work across the Finance team and firm to gather appropriate information to build insightful MI
  • Key business partner and advisor to the businesses and finance team – work across the businesses to understand business drivers of performance
  • Build out of Forecast and Multi Year Strategic Plan
  • Co-ordination of ad hoc work across the team relating to MI including monthly reforecasting
  • Central controlling function for the various businesses within the Octopus Group (some of these businesses are start-ups across a diverse range of sectors). Cover all aspects, including performance and commerciality, cash flows & funding, reporting and technical support
  • Responsible for the formulation of the Octopus annual group budget and three year strategic outlook, monthly re-forecasting, monitoring all risks to EBITDA across the Group to ensure the Group reaches its annual group target EBITDA each year
  • Leadership, management and mentoring of the finance teams (team of 25+)
  • Responsible for all external relationships with external audit and tax compliance, including the management of the Group audit process
  • Responsible for all financial systems development and investment
  • Lead sponsor and co-ordinator of Finance Transformation

Qualifications

Candidates will need to be qualified accountants with strong technical knowledge and a hands-on approach, probably from an FCA regulated business or similar (desirable but not essential). They must be adaptable, flexible and up for a challenge in a broad and varied role which includes both established businesses and start-ups across a range of sectors. They must also be agile and decisive with the ability to make decisions and give opinions based on the knowledge that they have to hand.

They must be highly energetic and display strong team building and leadership qualities from the start. Previous managerial experience is a must along with a proven track record in a similar size business.

Stakeholder management is critical to this role along with the ability to communicate with individuals at all levels both internally and externally.

Individuals will also:

  • Be extremely well organised and with the ability to prioritise workload, always being one step ahead
  • Be used to working in a continuously changing environment, both in terms of high growth, diversification and constantly evolving internal corporate structures 
  • Need to be very comfortable working within a complex corporate matrix structure (Octopus more complex than most given current size) and with multiple stakeholders
  • Be collaborative and have an inclusive working style
  • Have an ability to bring technical topics to life for others to embrace
  • Have significant experience of managing others and supporting team goals and career development

Additional Information

Our Values and DNA 

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, our DNA goes even further, by revealing our inner strength: 

We are loyal: we fully buy-in to the company’s vision and believe in everything that Octopus stands for. We are respectful: we live and breathe the Octopus values of being helpful, straightforward and bold. We are resilient: we have an inner strength that means we never give in We are intellectually curious: we seek to understand how the world works and we’re always learning, adapting and improving We understand who our customers are: and because we know them really well, we always give them our very best. 

What we offer 

Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. This means we welcome discussions around flexible working hours. We also understand the value of diversity, and we have a team dedicated to promoting gender, ethnic, socio-economic, LGBT and disability equality, to make sure we back up our words with actions. All Octopus employees are given the opportunity to develop new skills, aim higher and accelerate their careers.