Senior Treasury Accountant (12 Month FTC)

Role OVO-View

Team: Treasury

Salary banding: £48,230 - £60,000

Experience: Mid-level

Working pattern: Full-Time

Reporting to: Treasury Manager

Sponsorship: Unfortunately we are unable to offer sponsorship for this role.

This role in 3 words: Autonomy, Meticulous, Hands-on

Top 3 qualities for this role: Attention to detail, Controls focus, Communication skills

In the words of the team, you should leave your current role for this one because….

“We are a team always chasing automation and improvements…where it makes sense to do so. All ideas are welcome for discussion in team meetings with collaboration and honest & open communication at the forefront of everything we do.”

“I love the level of responsibility that comes with working in this Treasury team. Every day is different. I’m constantly learning and I’m given the ability to be involved in as much as I want, to be able to develop my financial and technical knowledge. Above all, I am working with a great team of people who, like me, are committed and we have a great working atmosphere. I really love my job!”

Where you’ll work:

Depending on the needs of your business area, we expect hub based people to be in the office at least once a week, and to go to OVO Connection events in-person. 

You’ll be assigned to the closest one of our three hub offices, Bristol, Glasgow, or London; unless your role requires field-based work. Each hub has accessible spaces to park your laptop, is designed to inspire people, help them connect and bring big ideas to life.

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how:

We might not be on the frontline of people’s zero carbon journey, but this treasury team keeps the turbines spinning by ensuring that our cash is used effectively; supporting all the functions in Ovo that rely on suppliers being paid, customers cash being allocated appropriately and everything in between.

This role in a nutshell:

Owning the accounting of all cash transactions, improving and implementing new controls and capabilities, and working with tax and the wider finance team to ensure postings are 100% accurate.

Your key outcomes will be:

Daily tasks:

• Most important of all will be ensuring 100% accuracy for the accounting of all cash transactions
• Key point of contact to implement integrations between systems
• Identify and implement process improvements

Taking ownership of Accounting:

• Reviewing the daily/monthly bank reconciliations within our accounting system (Workday) produced by the team: ownership of the month and year end reconciliations thus ensuring that all cash transactions are coded to the correct general ledgers and are accurately maintained to allow for accurate financial reporting
• Liaising with teams across the business to own and maintain the cash, prepayment and restricted cash ledgers are up to date
• Produce and disseminate accrual calculations
• Liaising and communicating with external auditors as part of the annual audit process

Other key tasks:

• Aiding in the production, analysis and improvement of the monthly input into the VAT calculations, highlighting, analysing and rectifying any discrepancies, to ensure timely reporting.  
• Maintaining financial and operational controls; implementing new controls in agreement with key stakeholders
• Supervising the control environment of the Treasury team and suggesting ways to improve the efficiency, accuracy and reliability of the Treasury function. 

Within your first 3 months month you’ll:

• Have understood the accounting entries required for cash management in Ovo
• Have integrated into the team to improve working capital
• Have created your network of key people in the business to gather any information needed

Systems:  Banking portals, Workday, Excel (obviously not a system….but finance loves Excel!)

You’ll be a successful Senior Treasury Accountant at OVO if you…

• Have a keen eye for detail. The main thrust of the job will be to ensure 100% reporting accuracy
• Are a good communicator. Keeping the team and the wider finance function in the loop will be important
• Work well within a control environment. Ensuring that all processes and procedures are documented and maintained

The key success factors will be:

• Zero errors in accounting at first pass
• Monthly VAT submissions will be correct at first pass
• 100% Controls compliance

Let’s talk about what’s in it for you

We’ll pay you between £48,230 and £60,000, depending on your specific skills and experience. If your expectations are a little different, have a chat with us!

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.

You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal. 

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay. We'll give you 9% Flex Pay on top of your salary – 4% of this is auto enrolled into your pension, and the remaining 5% is yours to do what you like with. You can use this to buy from our extensive range of flexible benefits, including our green benefits which we've put at the heart of our offering, add to your pension or even take it as cash.

Here’s a taster of what’s on offer: 

For starters, you’ll get 34 days of holiday (including bank holidays).

For your health
With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more

For your wellbeing
With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more

For your lifestyle
With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home 
Get up to £400 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers

For your commute
Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

For your Belonging

To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes, yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you!

If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible..