Full-Time

Technical Accountant

Confirmed live in the last 24 hours

Octopus Energy

Octopus Energy

1,001-5,000 employees

Provides affordable green energy solutions

Data & Analytics
Energy

Mid, Senior

No H1B Sponsorship

London, UK

Hybrid position.

Category
Financial Accounting
Tax Accounting
Financial Analysis
Accounting
Requirements
  • Experience working at an accounting firm with a focus on enterprise SaaS and international tax.
  • ACA, ACCA, or equivalent qualification.
  • Strong knowledge of IFRS, US GAAP, and revenue recognition principles for SaaS (ASC 606).
  • Demonstrated experience in dealing with international tax laws and compliance.
  • Ability to provide strategic accounting advice on complex, large-scale SaaS deals.
  • Strong analytical and problem-solving skills, with the ability to influence decision-making at senior levels.
  • Excellent communication skills and the ability to work collaboratively across departments.
  • Proven ability to work in a fast-paced, high-growth environment.
Responsibilities
  • Provide technical accounting advice on significant transactions, including revenue recognition, SaaS licensing, acquisitions and global expansion initiatives.
  • Collaborate with cross-functional teams to ensure accounting standards are upheld, offering guidance on complex accounting issues.
  • Manage the end-to-end process for international tax compliance, working with external advisors and internal stakeholders.
  • Support the finance and legal teams in structuring and negotiating large SaaS contracts, providing expertise in accounting treatment and tax implications.
  • Drive the development and implementation of accounting policies, procedures, and controls aligned with both local and international regulatory requirements.
  • Lead or contribute to special projects, including audits, mergers, acquisitions, and other corporate activities that require technical accounting expertise.

Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$2.5B

Headquarters

London, United Kingdom

Founded

2016

Growth & Insights
Headcount

6 month growth

17%

1 year growth

-3%

2 year growth

42%
Simplify Jobs

Simplify's Take

What believers are saying

  • Octopus Energy's rapid growth and valuation increase to $9 billion reflect strong investor confidence and market leadership.
  • The company's initiatives in green technology and renewable energy investments offer employees the chance to work on cutting-edge, impactful projects.
  • Partnerships with global entities like Energisa and Tech Nation provide opportunities for international collaboration and knowledge exchange.

What critics are saying

  • The energy sector's volatility, as seen with the Bulb Energy acquisition, could pose financial risks despite current successes.
  • Rapid expansion and numerous partnerships may strain resources and operational capacity, potentially impacting service quality.

What makes Octopus Energy unique

  • Octopus Energy leverages its proprietary Kraken technology platform to optimize energy usage and integrate renewable assets, setting it apart from traditional energy providers.
  • The company's focus on innovative green solutions, such as the 'Zero Bills' homes and electric aircraft charging, demonstrates a commitment to sustainability that few competitors match.
  • Strategic partnerships and acquisitions, like the takeover of Bulb Energy and collaboration with Energisa, expand Octopus Energy's global footprint and influence.

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