Financial Accountant presso Edftrading

When you join EDF Trading, you’ll 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’s experience that makes us leaders in the field. Energy is what we do.

Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more.

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 750 colleagues based in London, Paris, Singapore, 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.

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

Job Description:

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 budget and reforecast processes, the preparation of management reports both for internal and Group management, and a focus on process improvement.

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 the EDF Trading Group and subsidiaries including:
  • Accounting entries
  • Reviewing data to identify possible errors, and reconciliation to source systems where possible.
  • Intercompany processes [EDFT & EDF Group] 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
• Involvement in preparation of the annual budget and mid-term plan, and periodic re-forecasting.
• Involvement in preparation of the EDFT Group Statutory Accounts
• Assist in other periodic and ad hoc Finance projects (finance and accounting support for commercial transactions, acquisitions, disposals, senior management requests etc.)
• Assist in projects to improve internal processes, systems, and controls

Experience required or beneficial

• Experience of periodic financial processes (e.g. financial “close” processes, budgeting and forecasting).
• Experience of Management Reporting and / or associated analysis.
• Experience of accounting for financial instruments (IAS39/, IFRS13), consolidation accounting (IFRS10,11,12), and statutory reporting (IFRS) (beneficial)
• Experience using the Hyperion [HFM] consolidation system (beneficial)
• Experience using Workday financials (beneficial)
• Experience using OneStream (beneficial)
• Experience within the Financial Services or Commodities industries would be beneficial but is not a necessity

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 proactively tackle a variety of problems (process and technical problems)
• Displays a willingness to go above and beyond (time and effort) to ensure successful outcomes
• Responsive – 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: 40 hours per week, Monday to Friday