Senior Accountant

Overview

Oversee financial settlements, reporting, and automation for renewable energy schemes.

Key Responsibilities

• settlement reconciliation
• treasury forecasting
• credit cover
• process automation
• financial reporting
• stakeholder liaison

Tasks

t.In a role expected to drive the accounting for these established (CfD & CM) and emerging schemes settlement operations, the Senior Settlements Accountant will carry out month-end accounting for settlements, monitor the financial performance of the outsourced settlements provider, and maintain a robust control environme FRS.In addition, the Finance department provides regular updated forecasts, forecast cash flows for HM Treasury, an annual budget which is subject to public consultation and is a key contributor into the companies’ long term strategic planning process, and oversees that all procurement activity is compatible with Managing Public Money guidel nt.The Finance & Procurement department is integral to the organisation’s financial operations, responsible for settlement operations, managing the settlement service provider, and delivering monthly reporting to management and Department of Energy Security and Net Zero (DESNZ), the annual report, and accounts in I :The Senior Settlements Accountant plays a pivotal role in ensuring the efficient and accurate execution of financial settlements for CfD, CM, and all upcoming new schemes. This position demands strict compliance with regulatory requirements and a focus on automating manual processes -& Banks.Maintain a tracker for companies in any type of insolvency event, managing the proof of debt submission process an -port your commuteAccess to “Work Perks” offering deals, discounts and cash back -operations.Liaise with appropriate departments to address compliance and reporting re -scalations.Build strong relationships with Contract Management, Scheme Operations, Legal, Treasury, and outsourced service providers to ensure seamless -ion of tasks.Assist in bank account management, including setup, approvals, and limits, in collaboration with Treasury -Management:Ensure effective collaboration with the settlements team on finance-related settlement issues to provide a seamless experience to all st -rgent tasks.Proactively address operational challenges and resolve settlement di -schemes.Prepare monthly Treasury forecasts and liaise with the Analyt -dlines.Approve and oversee high-value transactions, such as credit cover drawdowns and returns, in line with organisational proc -itiatives.Take ownership of identifying and implementing process improvements, leveraging assistance from the team, process improvement specialists, and/or other business units -schemes.Conduct monthly and quarterly reconciliations for CfD Generator/Supplier, CM settlements, and upcoming new -akeholders.Serve as the primary point of contact for finance-related settlement issues, queries, and e -utomation:Assist in testing and transitioning manual reconciliations to autom -nagement:Oversee credit cover processes, including approvals, rejections, drawdowns, and returns for CfD, CM, and emerging -nalysis:Prepare and review journal entries, monthly reconciliations, and settlement-related reports from the outsourced provider. Reflect settlements activity internally for new upcoming schemes from our newly developed in-house -transactions.Provide operational finance team support and cover roles as needed to ensure seamless execut -filings.Review, reconcile, and transfer termination/drawdown funds to Tr -systems.Monitor settlement costs and provide forecasts, budgets, and variance a -as needed.Train team members on new systems and integrate changes into BAU o -ations:Manage daily settlement activities, including payments and reconciliations, ensuring strict adherence to dea -edures.Respond promptly and effectively to settlement-related inquiries from internal and external stakeh -olders.Maintain strong controls over payment processes and notices to ensure accuracy and compliance with LCCC/ESC po -ics team.Collaborate with Treasury to manage daily and monthly cash flows, as well as credit cover fluctuations during high-volume -onsibilities:Ensure proper documentation and tracking of payments, settlements, and financial records, maintaining a comprehensive audit trail for all -nalyses.Assist with the preparation of annual financial statements, audit queries and regulatory

Requirements

• excel
• power query
• cima
• treasury
• problem solving
• stakeholder management

What You Bring

WFH policy: Employees are required to attend the office 2 days/week agement skills.Per ources.Financial Reporting and A easury. Credit Cover and Reconciliation Ma d follow-ups.Skills Knowledge quirements.Adaptability and Prob nd improve .The ideal candidate is a proactive, adaptable, and detail-oriented professional who excels in a fast-paced environment, embraces change, and seeks opportunities for innovation and process enhancemen -across teams.Coaching: Ability to supervise and coach junior staf -ated ones.Work with Data Engineering, Analytics, and Treasury on automation in -sonal Qualities:Attention to Detail: Meticulous attention to detail and accuracy in tasks in relation to settl -ment challenges.Initiative: Self-motivated and able to take initiative to address discrepancies and enhance overall efficiency and able to operate independently with limi -ement processes.Problem-Solving Attitude: Exhibit strong analytical and problem-solving skills for addressing settle -large figures.Technical Skills: Intermediate to advanced proficiency in Microsoft Excel an -tiseEssential:Experience: Extensive relevant experience in treasury, banking o -or equivalent.Education: Bachelor’s degree or equival -ght deadlines.Communication: Excellent skills in conveying complex information succinctly and collaborating -ernal controls.Advanced IT: Power query, Advanced Excel (includin -g DAX measures)Stakeholder Management: Confident presentation and stakeholder man -d ERP systems.Data Handling: Strong capability in handling and analysing large data sets, simplifying financial calculations, and excellent attent -f if required.Mindset: Proactive with a commitment to continuous learning a -nd instruments.Internal Controls: Experience in developing and operating int -ent experienceAccounting Skills: Proficient in payments to suppliers, month-end journal preparation, cashflow forecasts, and reconciliations. Ability to work with -ted supervision.Communication Skills: Collaborate effectively with internal teams and external partners to support delivery of bu -ion to detail.Time Management: Proven ability to work under pressure and meet ti -licies.Be familiar with and understand the policies and regulations surrounding the CfD, CM, and upcoming new schemes operations of LCCC. Stay informed about forthcoming changes and provide input on necessary adjustments for settlement s -r settlements.Certifications: Part or full qualification in CIMA, ACCA, ACA, ICAS, CIPFA, -siness outcomes.Adaptability: Resilient and adaptable in the fac -lem-Solving:Manage a diverse workload, adapting to changing priorities and u -e of challenges.Technical Proficiency: Possess a strong understanding of financial sy -e requirements.Renewable Energy: Knowledge of CfD, CM, or similar renewable energy supp -mentDesirable:Regulatory Knowledge: Strong grasp of financial regulations and complianc

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Benefits

Flexible working: Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight. Employee BenefitsAs if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on Salary: circa £48,000 depending on experience -parental benefitsEmployee assistance programme for free, confidential support for your professional or personal life, including financial managemen -and bank holidaysRecognition schemes allowing colleag -or public dutiesThree days paid leave a year for volunteering to support you -t and family careSpecial leave such as study leave, sabbatical -on your purchasesFamily savings on days out and English Heritage or gym discounts thro -r local communitySeason ticket loan scheme to sup -ur pension schemeFamily friendly policies, including enhanced company maternity/paternity and shared -the role include:25 days' annual leave

About Low Carbon Contracts Company

-Manages the Contracts for Difference scheme, fixing income for clean energy generators like wind, solar, and emerging tech. -Acts as settlement body for the UK Capacity Market, ensuring reliable power supply by overseeing payments and operations. -Recognized by government departments as a central, authoritative figure in UK electricity market reform. -Typical projects span offshore wind, solar PV, hydrogen, CCUS, tidal stream, geothermal and capacity‑market assets.

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