Principal Financial Accountant

London, United Kingdom

Job Description


Come work at a place where innovation and teamwork come together to support the most exciting missions in the world!

When you join EDF Trading you\xe2\x80\x99ll become part of a diverse international team of experts who challenge conventional ideas, test new approaches and think outside the box.

Energy markets evolve rapidly so our team needs to remain agile, flexible and ready to spot opportunities across all the markets we trade in: power, gas, LNG, LPG, oil and environmental products.

EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it\xe2\x80\x99s experience that makes us leaders in the field. Energy is what we do.

Most of all, we value our people. Become part of the team and you will be offered a great range of benefits which include hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessment, corporate gym memberships, electric car lease programme, childcare vouchers, cycle to work scheme, season ticket loans, volunteering opportunities and much more. We even provide free fruit to keep you healthy.

Gender balance and inclusion are very high on the agenda at EDF Trading so you will become part of an ever-diversifying family of around 800 colleagues based in London, Paris, Singapore, Tokyo and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.

Who are we? We are EDF Trading, part of the EDF Group, a world leader in low-carbon sustainable electricity generation partnered with JERA, one of Japan\xe2\x80\x99s largest utilities; the perfect organisation at which to begin or progress your career in the commodities sector.

Join us, make a difference and help shape the future of energy.

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Department

The Finance team is responsible for full financial control of EDF Trading Group business. Financial control includes: ownership of all financial control processes; financial accounting in accordance with relevant accounting standards (IFRS, FRS 101); management and statutory reporting on all EDF Trading group entities; financial planning and analysis (budget and forecast), support for business transactions, and financial support to the business and management via full and detailed knowledge of business processes and models.

Position purpose

The role will work within the Financial Reporting & Analysis team, responsible for financial control of the consolidated EDF Trading Group.

Reporting to the Finance Manager for this area, the role will work in close coordination with other members of the wider Finance team.

The role entails responsibility for periodic financial accounting and reporting, the periodic reforecast processes, the preparation of management reports both for internal and Group management, preparation of EDFT Group statutory accounts, and a focus on process improvement.

EDFT is currently implementing a new Enterprise Resource Planning system [Workday]. The role will support this project where appropriate.

Main responsibilities

The role will work in coordination with other members of the Finance team across a range of tasks:

  • Monthly, quarterly and annual accounting processes and reporting for EDF Trading Group and subsidiaries including:
  • Accounting entries
  • Reviewing data to identify possible errors, and reconciliation to source systems where possible.
  • Intercompany processes and Consolidation
  • Preparation and checking financial statements for reporting
  • Analysis of performance (e.g. variance analysis vs. budget, written commentary)
  • Detailed analysis and reporting of other financial data and metrics (e.g. overhead cost analysis, CAPEX, working capital and return on capital, cash flow)
  • Reviewing data posted by external systems and other departments for reasonableness and identifying possible errors
  • Preparation of management reports, and periodic financial presentations
  • Answering stakeholder questions and providing additional ad-hoc analysis
  • Assist in the implementation of Workday ERP system.
  • Manage ongoing day to day interactions & relationship with the external audit team.
  • Assist the preparation of financial budgeting & re-forecasting.
  • Assist in other periodic and ad hoc Finance projects (finance and accounting support for commercial transactions, acquisitions, disposals etc.)
Experience required
  • Fully qualified Accountant
  • Experience of consolidation (including translating entities with different currencies), and statutory reporting (IFRS).
  • Experience of periodic financial processes (financial \xe2\x80\x9cclose\xe2\x80\x9d processes, budgeting and forecasting).
  • Experience of accounting for financial instruments (IAS39/, IFRS13) (beneficial)
  • Experience within the Financial Services and/or Commodities industries would be beneficial but is not a necessity.
  • Experience using the Hyperion consolidation system (beneficial)
  • \xe2\x80\x9cWorkday\xe2\x80\x9d Financials ERP Experience (beneficial).
Technical requirements
  • Sound accounting knowledge (balance sheet structure, core accounting principles, ability to identify and interpret relevant standards)
  • A good understanding of financial principles, processes and controls, and the purpose of financial and management reporting
  • Confident in the use of Excel for manipulating data, with advanced Excel skills (complex formulae: INDEX-MATCH, VLOOKUP, etc.)
Person specification
  • Able to juggle multiple tasks continuously while also prioritising effectively
  • A natural problem solver, with the ability to approach and solve a variety of problems (process and technical problems)
  • Responsive \xe2\x80\x93 able to react to urgent requirements and comfortable working within tight timescales
  • Good communication skills (written and verbal) with a meticulous attitude to work, demonstrated by in depth analysis with detailed workings, leading to clear and concise explanations
  • Able to work effectively in a team environment
  • Be able to self motivate and foresee problems and look to solve them before they occur
Hours of work: 8.30am \xe2\x80\x93 5.30pm / 40 hours per week, Monday to Friday

EDF Trading

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Job Detail

  • Job Id
    JD3003345
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned