Description:
Senior Group Accountant
Help us create a better future, quicker
Reporting to the Projects and Financial Governance Manager (PFGM), the role of the Senior Group Accountant – Financial Instruments & Reporting is a key position within Group Control.
This is a high-profile role within Group Control with a core focus on financial instruments and derivative accounting, supporting ScottishPower’s significant investment programme and complex commercial arrangements.
You’ll play a key role in assessing and reporting on derivatives and hedging activities, while also gaining broader exposure across Group Reporting and technical accounting.
ScottishPower is playing a leading role in delivering a low‑carbon energy system in the UK, currently investing £18 million every working day between 2024 and 2028. This investment programme is driving increasingly complex commercial arrangements and financial instrument activity, creating a unique opportunity to build expertise in this evolving area.
This role is ideally suited to a technically strong qualified accountant looking to develop deeper expertise in financial instruments, complex transactions, and group reporting within a large international group.
While the role includes exposure to derivatives and hedging arrangements, it is not a narrow specialist position — you will gain broad experience across Group Control and financial reporting.
What you’ll be doing
- Responsible for preparing the financial results associated with financial instruments for key reporting cycles (actuals, forecast, budget), ensuring accuracy, completeness and timeliness
- Supporting the assessment and accounting treatment of complex transactions, including derivatives and embedded financial instruments, from inception through to reporting and close-out
- Preparing disclosures for financial instruments within the ScottishPower Group’s consolidated financial statements and statutory accounts, ensuring compliance with IFRS and company law
- Contributing to the Iberdrola reporting pack, including additional disclosure requirements at key reporting periods
- Supporting the implementation of new or complex accounting treatments and policy changes across the Group
- Maintaining a strong financial control environment in line with Group Financial Governance procedures
- Working closely with external auditors to support the resolution of technical accounting matters
- Updating and maintaining clear process documentation
- Supporting wider Group Reporting and ad-hoc projects as required
Technical, Financial Governance and Control
- Support the implementation of financial instrument and accounting policy changes within ScottishPower
- Maintain up-to-date technical knowledge of IFRS, particularly in areas relating to financial instruments (e.g. IFRS 9)
- Provide technical accounting support to business units on complex transactions and reporting treatments
- Collaborate with Iberdrola Group, Treasury, and senior stakeholders across the business
- Identify opportunities to improve processes, controls, and reporting efficiency
- Contribute to a positive and collaborative team environment across Group Control and the wider business
What you’ll bring
- ICAS (or equivalent) qualified accountant with post-qualified experience
- Strong grounding in IFRS and technical accounting
- Experience in audit, group reporting, or technical accounting roles within a large organisation or practice
- Exposure to financial instruments, complex accounting areas, or IFRS 9 (desirable but not essential)
- Strong commercial awareness and ability to understand business drivers
- Ability to work independently and take ownership of deliverables
- Confidence to engage with and challenge stakeholders at all levels
- Strong organisational skills with the ability to manage competing priorities
- Advanced Excel skills and high attention to detail
- Strong written and verbal communication skills