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 over 500 people and manage more than £6 billion on behalf of more than 50,000 investors.The Octopus Group incorporates Energy, Healthcare, Investments, Property, Ventures and Labs. 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 generate wealth.
Octopus manages over £600 million of total funds for six venture capital trusts. The Specialist Finance team are responsible for the regulatory reporting of the VCTs, the preparation of management accounts, preparation of Annual Reports, presentation to the Boards, managing the audits dealing with tax returns and liaising with other departments within Octopus on ad hoc queries. This role will sit across a number of VCTs and assist with all aspects of fund management.The role reports into the Financial Controller of OITS & VCT Finance and requires an individual with a strong team focus but ability to work and lead tasks independently.This role is ideal for someone with an interest in management accounting, strong accounting technical skills and with ideas on how to improve processes and implement change.
Essential Job Functions
Preparation of monthly and quarterly management accounts
Preparation of weekly NAVs and LSE announcements
Maintaining master data to track all investments
Monitoring of VCTs to ensure continuing VCT status
Preparation of budgets and cash flows
Review bank journals
Identify areas for improvement across management information and reporting
Supporting the team through the investment process, invoice preparation and other day to day tasks and adhoc projects
ACA or ACCA qualified accountant with up to two years experience gained in industry with VCT accounting experience, ideally
Strong excel skills and experience of working with SUN systems would be advantageous
Good interpersonal skills to build relationships across departments, including investment professionals
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At Octopus, we recognise the importance of embracing diversity in order to create a high performance culture.