Group Head of Financial Planning & Analysis – Energy Assets
Rutherford Cross
Published
April 27, 2022
Location
Livingston, United Kingdom
Job Type
Region
Scotland:
Sector
Industry and Commerce
Specialism
Financial Leadership and Control

Description

The Company

Energy Assets is a leading independent provider of multi-Utility metering, network and data services, delivering efficiency, innovation and value.  They are an organisation which is trusted to meet the needs of its stakeholders in a safe, reliable and sustainable manner.

The business have expanded over recent years resulting in Energy Assets Group (EAG) becoming the sole UK vertically integrated business addressing the gas, electric, fibre and water utilities market across energy suppliers, developers, intermediaries and end user customers. In addition, the company helps private and public sectors to improve their energy efficiency through ground-breaking technologies, data analytics and innovative customer-focused processes.

Headquartered in Livingston, 20 miles south-west of Edinburgh and with offices across the UK, Energy Assets is a licensed gas and electric network operator, accredited meter asset manager, meter operator and data collector/aggregator, working alongside major energy suppliers and partnering with some of the country’s biggest brands and best-known public sector organisations. The company provides advanced metering services, automated data collection, analytics and utility network services to help optimise gas, water and electricity consumption.

Since formation in 2005, Energy Assets has undergone a number of acquisitions and changes of ownership with the clear focus over the last few years on value creation and the long-term securitisation of recurring income generated from the ownership of meter, data and utility assets. This value creation has been achieved as a result of organic growth through service delivery excellence and strategic acquisition providing additional routes to market. Energy Assets has grown to a substantial company with FY21 reported revenue and EBITDA of £82m and £38m respectively. Revenue in FY22 is expected in excess of £100m with this increase in revenue also reflected in a substantial increase in EBITDA. The company employs c600 staff and has offices across the UK.

The role

Energy Assets are looking for a Group Head of FP&A that will lead and manage the Finance Planning function of Energy Assets, including long term business planning, annual budgeting and periodical budget updates. The individual will also perform business plan sensitivities analysis for credit metrics analysis and capital allocation purposes.

The Group Head of FP&A will be in charge of the management reporting process, defining guidelines and reporting methodologies in order to ensure timely, reliable, transparent management information to CEO, Executive team, Board of Directors and Shareholders. The individual will be also charged with the responsibility of establishing and maintaining an effective performance management system; in that respect they will provide effective support in setting operating and financial targets for the financial year in consistence to Group strategy and long term business plans and in monitoring the achievement of those targets.

The Group Head of FP&A will discharge their responsibilities under the coordination and supervision of the Chief Financial Officer. In addition, they will lead a team of four, including three Finance Business Partners and an FP&A Manager.

The Individual

The successful individual will be a seasoned finance professional who has a proven track record of success in similar roles and a firm understanding of the dynamics of working for a fast paced, complex organisation. The individual will also need to have a strong team management and leadership skills, and the adaptability to work across a range of projects and initiatives as they arise. This position represents an exceptional career opportunity for an ambitious, driven professional, who is able to provide high quality financial analysis to the business and make a positive impact on strategic decision making. The approach and attitude of the candidate will be particularly important to ensure a long-term fit with the leadership team.

Key candidate requirements

  • Significant experience in financial planning and analysis of which some time should have been spent in a similar position/responsibility
  • Good familiarity with ERP systems
  • Prior exposure to energy, utilities, infrastructure businesses would be advantageous
  • University degree in Accounting, Finance and/or Business Administration
  • Professional qualification such as ACMA/CA/ACCA
  • Strong communication, analytical and interpersonal skills with sensitivity to different cultures
  • Ability to build trust and effective personal relations both within the organisation and with all relevant external stakeholders
  • Ability to multi-task and work under pressure

Remuneration

There is an attractive financial package available with a salary in the region of £80,000 to £90,000 to the successful individual. In addition to salary, there is a car allowance (£7,000 per annum), pension scheme (employer contribution 6%, employee 3%), life assurance (4 x salary), private medical cover, discretionary bonus scheme and 35 days holiday (inclusive of statutory days).

What to do Next

To find out more on the role or to see a full Position Profile, please contact their retained advisor, William Dodds at Rutherford Cross by emailing [email protected]

Please note that any direct or third party approaches will be sent to Rutherford Cross for review and assessment.

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