Senior Finance Business Partner, OVO

Fixed Term Contract

£60-80k

+ Eligible for an on-target bonus of 15%

Excel
Google Sheets
Senior level
London

More information about location

1+ day a week in office

OVO

Powering human progress with clean affordable energy for everyone

Be an early applicant

OVO

Powering human progress with clean affordable energy for everyone

1001+ employees

B2CEnergySustainability

Be an early applicant

£60-80k

+ Eligible for an on-target bonus of 15%

Excel
Google Sheets
Senior level
London

More information about location

1+ day a week in office

1001+ employees

B2CEnergySustainability

Company mission

OVO is a leading energy technology company determined to create a world with clean, affordable energy for everyone. Using energy, technology and people power, the company is on a mission to lower its carbon emissions to zero by 2035, helping customers reduce theirs at the same time - they call this Plan Zero.

Role

Who you are

  • This role in 3 words: Bold, Tenacious, Resilient
  • Top 3 qualities for this role: Stakeholder Engagement. Collaborative. Decision maker
  • You’ll be forward thinking and be able to anticipate, challenge and plan for changes within financial outlooks
  • You’ll be self sufficient, make the harder judgement calls and know when to escalate
  • You will understand the competitive landscape and bring a financial lens to strategic decision making & influence, and encourage scalable solutions with focus on long term financial health
  • Finance professional with experience of solving business issues of similar scale and complexity
  • Ability to Interpret and assimilate multiple data sources to provide meaningful insight and appropriate recommendations and clear actions
  • Effectively communicating financial performance to operational colleagues to embed financial understanding within the business
  • Influence strategy and translate this into actionable programmes, opportunities or activities that result in improved profitability or risk mitigation
  • Able to manage multiple complex projects/processes simultaneously Commercially focused on ability to make fair returns from our customers

What the job involves

  • Reporting to: Head of Finance Business Partnering
  • Please note: This is a fixed-term position until the end of February 2026
  • The OVO finance team consists of around 130 people and is split into three pillars:
  • Pillar 1: Foundations,
  • Pillar 2: Business partnering
  • Pillar 3: Strategic & corporate finance
  • This role will sit in Pillar 2 as the Senior Finance Business Partner in the finance business partnering team
  • The role reports into the Head of Finance Business Partnering, who in turn reports into the VP Finance (who is the leader of pillar 2)
  • The finance business partnering team works closely with the following finance teams: FP&A, Procurement, Supplier Relationship Management, Management Accounting, and Commercial Finance
  • You will collaborate with stakeholders, developing compelling insight and presentations that influence partners on the path to value creation
  • You’ll support with pragmatic problem solving and be seen as a responsible thought leader in finance who is unafraid to challenge the business on course correction
  • Your focus on delivering the right message
  • If you lead a team, you will enable rapid growth and identify areas for development
  • You’ll remain responsible but delegate responsibility and foster empowered thinking within a controlled framework / guiding set of principles
  • Partner with C-suite and LTs (VPs, Directors, HoDs) providing financial insight and challenge into strategic and tactical decisions as well as past business performance
  • Maintain a monthly cadence for an outlook, connecting with the People & Procurement teams for full, well rounded reviews. Advising the business on course correction if actual costs stray from budget, including working with the OVO leadership team to devise plans to converge back to budget
  • Working collaboratively with senior business leaders to prepare analysis to support and constructively challenge financial decision making. This is both as requested by the business, and also ad hoc where the business partnering team spots potential opportunities
  • Contribute to the financial semi-annual budgeting process, working between the Business, people partnering and FP&A to ensure robust financial & FTE plans are delivered in line with agreed timescales, balancing stretch and credibility
  • Working with the business through annual medium term strategic outlook processes to develop 3-5 year forecasts, and in particular supporting business leaders to develop industry leading team structures which allow for best-in-class operational leverage
  • Understands and devises opportunities for cost base improvements, and presents these to the finance leadership team and the OVO leadership team
  • Owning and leading the investment appraisal process, including business casing, pre-investment appraisal and post-investment reviews. Setting return on investment hurdles and ensuring cost governance over material projects
  • Working with the tax team and the business to support R&D tax claims
  • Representing the finance team in regular conversations with the business and liaising back with the individual specialist areas of the finance team on matters arising around the business. The candidate will update the finance leadership team on a regular basis on matters which they have become aware of and which impact the finance team
  • Striving to improve the business and our finance processes to allow better insight and more focus on value adding activities
  • Systems: Excel / google sheets, Workday, Adaptive Planning

Salary benchmarks

Our take

On average, home energy represents 26% of our carbon footprint. Ovo Energy wants to bring this to zero by providing cheaper, greener and simpler energy to customers. They are analysing meter data to deliver easy, personalised actions, turning electric vehicles into power stations with clever chargers, and building energy-efficient heaters. For households, their offering is organised into four different energy plans. that include interest rewards on energy credit balance.

In 2020, OVO completed the acquisition of SSE Energy Services' retail arm for £500 million, meaning that the challenger brand now has around 4 million customers in the UK.

While helping Ovo members halve their carbon footprints, the company is also working towards becoming a net zero carbon business by 2035. The challenges ahead for the company include encouraging consumer behaviour change, shifting towards subscription models for home energy use.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Insights

Top investors

Many candidates hear
back within 2 weeks

42% female employees

14% employee growth in 12 months

Company

Employee endorsements

Inspiring mission

"The mission to provide Green energy to all customers, and to enable all our customers to start on a journey towards zero carbon living is written in..."

Funding (last 2 of 3 rounds)

Jul 2023

$262.4m

GROWTH EQUITY VC

Feb 2019

$262.4m

GROWTH EQUITY VC

Total funding: $565.5m

Company benefits

  • Annual Discretionary Bonus
  • 9% Flex Pay - extra on top of your core pay to use as you like. You can take it as cash, use as your pension contribution, or choose to spend it on a huge range of flex benefits (tech schemes, EV leasing and more!).
  • Flexible / Remote Working
  • Personal Development Allowances and Free Access to OVOLearn - our very own training platform
  • 34 Days Holiday (including bank holidays)
  • Health Insurance
  • £400 OVO Energy Discount

Company values

  • Find a better way - We always look for a better way, whether that’s by delivering a better service, employing brilliant people or improving our products and processes
  • Do what's right - Being open, honest and fair is one of the values which applies to everything we do. We take pride in talking to our customers and delivering exceptional work
  • Build something great - Simple solutions aren’t quick or easy to find. They take time and tenacity. Our people work to find an answer that helps us ‘build something great’

Company HQ

Redcliffe, Bristol, UK

Leadership

Founder of multiple electric technology companies.

David Buttress

(Chief Executive Officer)

CEO of OVO, the UK’s 3rd largest energy supplier. Joined in May 2024.

Diversity, Equity & Inclusion at OVO

Alessandro Storer headshot

Alessandro Storer (Head of Inclusion & Belonging )

  • We run inclusive training and unconscious bias workshops for employees and interviewers
  • We provide mental health support, through different networks, having mental health first aiders within the business and running initiatives like our "wellbeing Wednesdays" to promote this.
  • We have dedicated Early Years programmes with a focus on underrepresented groups, offering different training opportunities within the business.
  • We invest in tools, like Textio, and focused I&D job boards to help us reduce bias in our job postings and recruitment activity.
  • Commitment in improving diversity across our Tech Teams and working with companies to improve the tech ecosystem as a whole, specifically have committed to 25% Women in Tech at OVO by 2025
  • We've signed up to numerous charters, like the Tech Talent Charter, Race at Work Charter and Trans in the City, to show our continuing commitment to improving I&D within OVO and the wider community
  • Within OVO we have multiple belonging networks and communities set up, to offer support and forums for everybody
  • Read more about our commitments to improving Diversity & Inclusion at OVO in our linked belonging report

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