Lead Finance Manager; Settlements Controller

Location: Birmingham, England, United Kingdom;
Leeds, England, United Kingdom

Description

Contract type: Permanent

Hours: 37.5

Location: Leeds city centre OR Birmingham city centre

WFH policy: Employees are required to attend the office 2 days/week

Flexible working
:
Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.

Reports to: Head of Finance & Procurement

Deadline

Note:

We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.

The role reports to the Head of Finance. The Financial Controller is responsible for the Scheme Settlements side of the team. This is delivered through leading the Scheme Settlements, Scheme Accounting sub teams, liaising with EMRS and managing Process Improvement Specialist (temporarily). The role will currently lead a team of 7 and expected to grow with the company.

The role is responsible for overseeing all Finance transactions and processes that relate to the schemes managed by LCCC and ESC. This includes overseeing the development of accounting treatments for new schemes and the settlement operations for live schemes.

The role requires a strong blend of technical depth, leadership capability, and stakeholder engagement. It will liaise with several internal stakeholders (Scheme Operations, Analytics) and external stakeholders (NAO, DESNZ, EMRS). The Financial Controller will oversee the statutory audit and annual financial statements and be responsible for driving process improvements in the area in collaboration with the Finance Manager and Finance Systems Manager.

• Oversee all development of accounting policies and processes linked to settlements of the business though leadership and oversight of Scheme Settlements team (Scheme Settlements and Scheme Accounting).
• Responsible for enabling team to make continuous improvements to processes.
• Responsible for overseeing control framework for Scheme Settlements side of the team.

The key responsibilities of the role are outlined below, covering both LCCC and ESC. However, this is an overview of the role and is not exhaustive. As the size and number of different schemes continues to grow, the dynamic nature of the role may lead to further enhancements. LCCC recognises the evolving nature of the responsibilities and reserves the right to assign other duties commensurate with the role as required.

• Responsible for managing a growing team, ensuring team is structured to allow uninterrupted delivery of tasks, continuous improvement and efficient growth.
• Leadership – Provide leadership to the team demonstrating company values and encouraging others to do the same.
• Risks - Identify and monitor risks impacting the Settlements side of the team ensuring controls and mitigations in place.
• Deputise and stand-in for the Head of Finance and Procurement on occasion as required.
  
  Funding – Provide support to the Finance Manager to ensure appropriate funding in place for any difference payments not covered by levy and included in the annual LCCC delegation letter where necessary.
• Chart of Account - Manage chart of accounts for Settlements side of the team.
• Board reports - To have oversight of reports for Board/DENSZ relating to settlements scheme activity and ARAC.
• Scheme Settlements
• Existing schemes – Oversee LCCC financial operations of existing schemes (Contracts for Difference, Capacity Market, RAB and Green Hydrogen) maintaining teams relationship with EMRS ensuring controls in place to mitigate risks for LCCC/ESC ensuring that settlements are accurately reflected within the financial statements.
• Existing schemes – Foster an environment of continuous improvement seeking to automate where possible whilst retaining and improving control framework.
• Schemes – Oversee improvements to Finance documentation, policies and processes impacting new and existing schemes when required.
• Scheme bank accounts - Oversee management of settlement bank accounts for existing and new schemes.
• HMT cashflow – Monitor HMT cashflow prepared by Finance Settlements Manager.
• New schemes -…