THE ROLE

We're seeking a Management Accountant, preferably based in the UK (London) and fluent in English (other languages such as Italian or Spanish would be a plus). You will support in managing Group-owned fund entities end to end – accounting is currently outsourced but can be in-housed in the future and be part of the scope of your role.

KEY RESPONSIBILITIES

This will be an integral role in the Group Finance team with the following responsibilities:

Review Quarterly Management Accounts from external administrators
Review loan workings on quarterly basis
Review Quarterly Capital Account Statements from external administrators
Calculation of both monthly and quarterly inter-group invoicing in line with transfer pricing guidelines
Management of the year-end Financial Statements for all corporate fund entities
Manipulate and upload corporate fund entities data into NetSuite (Accounting software)
Ad-hoc direct bookkeeping in NetSuite
Daily collaboration and communication with outsourced administrators and various third-party providers
Review the information provided by the outsourced provider
Assist in consolidating the fund entities
Assist in improving month end close process and management
Manage payment and approvals for corporate fund entities
Manage monthly cashflow forecasting for corporate fund entities including CapAd calculations performed
Manage monthly cash sweeping mechanism for corporate fund entities
Maintenance of monthly cash concentration loan interest file
Manage payment requests for corporate fund entities
Review and approve quarterly Notices; GPS/Rebate workings and Equalisation workings in collaboration with Fund Team
Maintain invoice register and bank reconciliations for fund entities
Maintain shared files
Assist with co-sec activities and loan documentation between group entities
Assist with FCA reporting throughout the year
Track fund fees and rebate in the summary workbook
Provide a degree of control over fund commitments
Ad hoc activities as required by group finance

SKILLS & COMPETENCIES

To be successful in this role, you will demonstrate:

Time management & prioritization skills - things can get a little hectic, so the ability to effectively manage yourself and your workload is critical
Excellent interpersonal and communication skills (in English or/and other European languages) - you must be able to organize your thoughts in a way that others find clear and compelling. You will be expected to together well-written, grammatically correct emails and other communications. When communicating verbally – whether over the phone, on video calls, in person or in meetings – you will need to be articulate, warm and engaging
Flexibility - being an effective team player means being flexible in your approach and open to getting involved with new things, even if they are not spelt out in your job description
Intellectual Curiosity – we are looking for someone who is truly interested in our profession and has the intellectual curiosity to delve deep into topics and bring fresh ideas to the team
IT Literacy - you need to be comfortable with IT systems and working with data (you should have at least intermediate-level excel)
Delivery focus – it may sound obvious, but the ability to proactively churn through work at pace and deliver quality outputs really matters
Strong critical thinking and problem-solving skills
Passion for our mission ‘to generate a more sustainable future by leading the transition to clean energy
Our values: be a leader, build trust, be responsible, be innovative and ‘bring your alpha’.

EXPERIENCE & QUALIFICATIONS

Fully qualified ACCA/ACA/CIMA or equivalent
3-5 years’ experience
The right to work in the UK.
Knowledge of private equity fund structures would be a plus

WHAT WE OFFER

A busy role in a supportive team, with plenty of opportunities to learn
International scope – we operate in over 8 countries
Hybrid working – we will need you in the central London (Mayfair) office at least twice a week, but you will normally be able to work remotely for the remainder of the week. You might be required to come more often during the initial onboarding period.
30 days’ holiday per year (3 of which are taken during the festive shutdown in December)
Private pension
BUPA Healthcare for you and qualifying dependents
Cycle to work and electric vehicle leasing schemes
Annual discretionary bonus.

HOW TO APPLY

If you are interested in this opportunity, please follow the link to apply. If you have been shortlisted for the next stage, we will be in contact within 14 days.

By selecting “Apply” or sending us your CV, you indicate you have read and acknowledged NextEnergy Group’s Candidate Privacy Notice.

DIVERSITY AND INCLUSION

Our approach to diversity and inclusion is a natural extension of our values. Our entrepreneurial culture inspires us to try new things, be open to different viewpoints and be bold. Our Group is committed to cultivating and preserving a culture of connectedness that values difference and gives space for individual expression. The collective sum of our individual differences, life experiences, knowledge, innovation, self-expression, and talent and hard work form the bedrock of who we are and who we aspire to be.

We are committed to equal employment and advancement opportunity irrespective of race, color, ancestry, social background, religion, gender, national origin, sexual orientation, age, citizenship, marital status, disability and gender identity.

ABOUT US

NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector. Since its inception, it has been active in the development, construction, and ownership of solar assets across multiple jurisdictions. NextEnergy Group operates via its three business units: NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset Management), and Starlight (Asset Development).

NextEnergy Capital manages the Group's investment activities and has invested in over 520 solar plants, exceeding 2GW in capacity across its institutional funds.

NextEnergy Solar Fund (NESF): Listed on the London Stock Exchange, NESF manages 102 solar and energy storage assets in the UK and Italy, with a total installed capacity of 983MW and a gross asset value of £1,014m.
NextPower II (NPII): A private fund of 105 solar plants (149MW) focused on Italy, successfully divested in January 2022, delivering net IRRs exceeding its 10-12% target.
NextPower III ESG (NPIII ESG): A private fund targeting solar infrastructure in OECD countries (e.g., US, Spain, Italy), with $896m raised, exceeding its $750m target.
NextPower UK ESG (NPUK ESG): A private fund dedicated to new-build solar plants in the UK, with ~£600m raised.
NextPower V ESG (NPV ESG): A private OECD solar fund investing in solar and adjacent technologies like battery storage. To date, it has raised $745m, targeting $1.5bn ($2bn ceiling).

WiseEnergy® is NextEnergy Group’s operating asset manager. WiseEnergy is a leading specialist operating asset manager in the solar sector. Since its founding, WiseEnergy has provided solar asset management, monitoring, technical due diligence and under construction services to over 1,500 utility-scale solar power plants with an installed total capacity in excess of 3.4 GW. WiseEnergy clients comprise leading banks and equity financiers in the energy and infrastructure sector.

Starlight is NextEnergy Group’s development company that is active in the development phase of solar projects. It has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.10GW of both green and brownfield project developments across global geographies.

NextSTEP is the venture capital fund of NextEnergy Group, dedicated to investing in innovative startups in the field of environmental sustainability. The fund primarily focuses on investments in Italy and the United Kingdom but also extends its reach to the rest of Europe and the United States, targeting startups in the pre-seed and seed stages. NextSTEP pays particular attention to emerging entities from incubators, startup accelerators, universities, and research centers, supporting projects that address global challenges in crucial areas such as Climate Change, Energy Transition, CO2 Capture and Sequestration, Circular Economy, Sustainable Cities, Sustainable Mobility, Sustainable Fashion, Waste Management, Water and much more.

NextEnergy Foundation is a non-profit organisation founded in 2016 by the NextEnergy Group that operates internationally and whose mission is to proactively participate in the global effort to reduce carbon emissions by providing clean energy sources in regions where they are not yet available and thereby contributing to poverty reduction. As the main sponsor of this foundation, the NextEnergy Group donates at least 5% of its consolidated net profits each year. The NextEnergy Foundation has no overhead costs and therefore 100% of the funds raised go to donations for the various projects. Since 2016, in 8 years of operation the foundation has donated more than £1.2 million, supporting over 30 projects in 27 different countries around the world.

NextEnergy Group

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