Portfolio Associate – Octopus Australia

South Yarra, AU
Full-time

Company Description

This is an opportunity to join the Octopus office in Sydney to focus on the launch and ongoing delivery of Octopus Australia renewable energy funds. The successful applicant will be able to join a team in Australia during an exciting period of growth as the country accelerates the transition away from coal towards renewables.

 

About Octopus

Octopus is a fast-growing company with more than 800 employees. From a standing start in 2010 Octopus grew its energy business rapidly to become Europe’s largest non-utility renewable energy investor. The core technology in this portfolio is solar PV – Octopus now manages over 1.3 GW of solar projects in the UK, France, Italy and Australia on behalf of its investors and has the equivalent of nearly AUD 7 billion under management in the Energy team. We have one of the fastest growing energy retail businesses in the UK with almost 2 million customers.

In January 2018 an office was opened in Melbourne to take advantage of a rapidly growing renewable energy investment market. We have invested in the 333 MWDC Darlington Point Solar Farm – the largest so far in Australia – and have a strong national pipeline of projects across solar, wind and grid battery storage.

We have a team of >25 across Melbourne, Sydney, and Auckland

Job Description

About the Role

About the role

The role will sit in the asset management team and support the Octopus Australia business giving the successful candidate wide exposure across the business. The role can be based in either Melbourne or Sydney, with occasional travel between offices required. We are open to accept offers for a role that is either part time (3 days a week) or full-time.  

The successful candidate will be responsible for the successful delivery of all financial and commercial aspects of Octopus projects through Development through to Operations as well as OSCAR (Octopus’ in-house Asset Management and Construction Management business). This role will report into the Senior Portfolio Manager in the Sydney office.  
 

OSCAR (In-house Asset Management) Business

Support all financial and commercial aspects of OSCAR Business, including:

  • Responsible for reporting all asset performance – KPI tracking, asset updates etc
  • Assisting with managing all external Asset Management contracts and OSCAR contracts – focussing on all commercial and finance aspects
  • Updating quarterly asset valuation models and preparation of quarterly valuations reports
  • Updating ESG reporting, case studies and KPIs
  • Assisting with implementing asset management platforms (i.e. Power BI) to monitor asset performance
  • Preparing Asset Board papers and attending meetings (as required by Directors)
  • Financial onboarding of new assets in Development, Construction and Asset Management

 

Working with wider Octopus Australia team to build out:

  • OSCAR Profit & Loss and cashflow
  • Update and review OSCAR pricing methodology for new deals in Development Construction and Asset Management (against external benchmarks)
  •  Assisting with OSCAR (5 year) Business plan
  • Preparation of OSCAR documentation across asset phases, with support from technical team (i.e. monthly reports, risk registers, Strategic Asset Plans)
  • Ongoing document management across phases
  • Assisting with capturing OSCAR team’s time through timesheets
  • Preparing OSCAR slides for Investor presentations

Qualifications

Essential Job Functions

  • Recently or soon to be Qualified CA/CFA with at least 2 years’ experience in an accounting or finance role.
  • Extremely well organised, good attention to detail, and ability to prioritise workload; always being one step ahead and anticipating needs and potential issues.
  • A self-starter with high energy levels, tenacity, initiative and a willingness to commit whatever it takes to deliver the required results.
  • Team player with a positive, can-do attitude.
  • Highly proficient in MS Office Word/Excel/PowerPoint. For Excel, the candidate needs to be comfortable with financial modelling.
  • Understanding of asset performance KPIs and dashboards (Power BI is preferred but not necessary)
  • An interest in implementing new technology and leveraging digital applications.
  • Professional, trustworthy, acting with honesty and integrity always.
  • Excellent verbal and written communication skills.
  • Confident on the telephone, has a strong service ethic, comfortable dealing with problems as well as having sales-related conversations.
  • Passionate about improving processes through technology and leveraging digital applications.
  • Familiarity with, or as a minimum a genuine interest in, financial services, asset management and renewable energy sector.
  • The resilience to work in a fast moving, changing environment, and able to cope with ambiguity.

Additional Information

What we offer

💰  A competitive salary, bonus, share incentive plan
✈️ Take what you need holiday
🏡 Flexible working 
⚓ Anchor (our wellness hub) which includes Headspace 
👪 Enhanced family leave policies

Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. This means we welcome discussions around flexible working hours or part time work. 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.

Our Values 

At Octopus we don’t just focus on what we do but also how we do it. Everyone to shares our values of being straightforward, helpful and bold.