Financial Controller, Highview
Traded Energy Revenue
Offers a discretionary bonus
Building long-duration energy storage
Open for applications
Building long-duration energy storage
21-100 employees
Open for applications
Offers a discretionary bonus
21-100 employees
Company mission
To solve the need for true long-duration energy storage that balances the grid and strengthens our power networks.
Role
Who you are
- 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
What the job involves
- 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
- 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
- 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
- Assist with year-end audit and statutory accounts preparation
- Provide role model and coaching to Group Accountant and Revenue Analysts
Salary benchmarks
Our take
Highview Power offers a liquid-air energy storage solution, available at sizes that can dispatch enough electricity to power more than 200,000 homes for 12 hours for a two-week period. It can do this at half the cost of lithium-ion batteries while releasing zero emissions.
The company's energy storage facilities are based on its proprietary technology – the CRYOBattery - the only long-duration energy storage solution that is being commercially deployed today. The CRYOBattery offers multiple gigawatt-hours (weeks) of storage. When paired with renewables, its facilities are equivalent in performance to – and could replace – thermal and nuclear baseload power.
Funding will enable Highview Power to continue its aggressive global expansion and rapidly move additional projects into the commercialization phase. There has been tremendous demand for the company’s long-duration energy storage solution, and Highview Power is working on projects across the US, Europe, and Latin America.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Company HQ
London, UK
Leadership
Colin Roy
(Co-Founder)Alongside being an Executive Chairman at Highview Power, they are the Director at Corigin Solutions. Previously the CEO of Greenhill & Co. Europe and Co-Head of Investment Banking Central Europe at Merrill Lynch.
Share this job
View 1 more job at Highview