Our Story:
Highview Power is a fast-growing global organisation, leading the way towards a cleaner, more efficient, and secure energy future. We plan to become a world leader in smarter long duration energy storage, a new technology using liquid air that will enable nations, cities, and corporations to achieve net zero.
In June 2024 we completed a £300m fundraising process for the construction of our first full scale plant in Manchester with new investors including Goldman Sachs, Centrica and the UK National Wealth Fund. This was followed by further investment of £128m for the construction of a second plant in Scotland in October this year. We have a pipeline of other projects in the UK, Australia and Ireland. Two of these have been accepted into the UK's recently announced Cap and Floor mechanism with 2 more expected to follow in the 2nd round.
The Manchester plant will begin to supply services to the National Energy System Operator (NESO) from August
We know our employees are the key to our success and we are committed to creating a positive, inspiring, and inclusive working environment where you will play a vital part in driving change and helping to achieve the global ambition of becoming net zero.
Requirements
About the role & team:
The imminent start of operations has created the opportunity for an ambitious financial controller with experience of traded energy assets to join our team to ensure that revenues are maximised and efficiently collected.
Relationships and Stakeholders
You will be the Finance lead in a new delivery team comprised of the Head of Trading & Analytics, the Chief Business Development Officer and The Operations Director. External stakeholders include Goldman Sach, NESO and Centrica.
As part of a small but growing Finance team who are committed to supporting the company's rapid growth plans and green energy goal, you will work alongside the Group Accountant and the Head of FP&A, reporting to the Chief Financial Officer based in London
There are initially no direct reports in this role but where a gap is identified, eg. in settlements, you will be responsible for scoping the requirements and hiring if appropriate.
Responsibilities:
* Create and lead the delivery of the revenue project plan.
* Create and own the overall Metre to Cash Process
* Scope the responsibilities and tasks for revenue collection and income reconciliation
* Produce job description for any additional roles eg. product controller
* Create the appropriate data structure and systematic financial controls within SAPbyDesign (We have outsourced SAP BD support) and other IT systems used in the process
* Scope ongoing master data requirements
* Create any necessary registrations and portal access
* Produce short term and long-term revenue and cash flow forecasts (with analyst support)
* Write policy for revenue recognition (consistent with FRS102/IFRS)
* Provide audit papers to support revenue recognition
Other Activities
* Assist with year-end audit and statutory accounts preparation
* Provide role model and coaching to Group Accountant and Revenue Analysts.
Skills and Experience
To be successful in this role you should have:
* Experience working with traded energy assets and revenue collection
* Project management experience
* An accountancy qualification (ACA/FCA strongly preferred)
* Good understanding of the settlements process
* Experience of the Elexon portal
* Resilience, an enquiring mind, and a can-do attitude.
* Good understanding of financial systems, ideally with implementation experience
* Enthusiasm and experience for developing new processes and problem solving
* Focused on delivery
* A hands on approach
* Excellent communication skills
Benefits
* The chance to make a difference
* Competitive salary & discretionary bonus
* Discretionary annual salary review
* Private Medical Insurance
* 25 days annual leave
* Auto enrolment in pension following 3 month's service
* Season ticket loan
* Cycle to work loan
* Income Protection
* Benefits HUB – discount portal
* Group Life Insurance
* Learning & Development opportunities