We are seeking a highly skilled and detail-oriented Financial Accountant to join our finance team in ICOL. The ideal candidate will have a strong understanding of financial accounting principles, including IFRS and will be responsible for the preparation and analysis of financial reports, managing accounting operations, and ensuring compliance with regulatory and statutory requirements. The Financial Accountant will play a key role in maintaining accurate financial records, supporting audits, and contributing to strategic decision-making through financial insights., 1. General Accounting and monthly Financial Reporting: Responsible for the general ledger functions, ensuring accurate and timely recording of all financial transactions in compliance with IFRS. Prepare and analyze monthly financial reports, including Balance Sheets, Profit and Loss statements and Management Accounts. Ensure timely reporting of financial information to the Financial Controller and shareholders. Cash Flow Management: Contribute to accurate cash flow forecasting, ensuring sufficient liquidity for project needs. Coordinate with internal teams to align financial planning with operational requirements. 2. Financial Compliance: Ensure that financial statements and reports are prepared in accordance with IFRS. Review and maintain accounting policies to ensure ongoing compliance with IFRS and update them as needed based on new standards or regulatory changes. 3. Hedge Accounting under IFRS 9: Manage hedge accounting for financial instruments such as FX forwards, interest rate swaps, and inflation swaps. Ensure compliance with IFRS 9 (Financial Instruments). Lease Accounting under IFRS 16: Responsible for lease accounting in accordance with IFRS 16 (Leases), including ensuring proper classification, measurement, and disclosure of leases in financial statements. Loans Accounting under Project Finance: Manage accounting for loans and facilities under project finance, including 5 facilities. Ensure proper accounting treatment of loan arrangements, interest accruals, repayments, and related financial transactions in accordance with IFRS. Depreciation and Decommissioning Schedules: Maintenance of depreciation schedules for fixed assets and ensure compliance with IFRS regarding asset impairment and depreciation. Prepare and manage decommissioning schedules as required by project specifications. 4. Tax and VAT Compliance: Prepare and submit VAT returns and other tax-related filings in compliance with local tax laws. IN Ensure accurate reporting of tax provisions and collaborate with tax advisors to ensure timely and accurate filing. Year-End Financial Reporting: Prepare year-end financial statements in compliance with IFRS, ensuring proper documentation and support for external audits. Collaborate with auditors and provide necessary explanations and clarifications on financial data. Audit and Internal Controls: Actively participate in internal and external audits, providing necessary documentation and explanations as needed. Ensure the establishment and maintenance of effective internal controls to safeguard assets and ensure the accuracy of financial records. 5. ERP System & Processes: Support the development of the ERP system and data migration, and help implement controls to ensure the integrity of financial information. Ad hoc Any ad hoc activities and cover for other team members as and when required.
Essential
* Proficient user of Excel
* Proficient user of IT Systems
Desirable Proficient with ERP systems - preferably SAP Knowledge and Experience Required Essential
* In depth understanding of IFRS, especially IAS 16, IAS 38, IFRS 16 and IFRS 9
Desirable
* Experience of Project and Joint Venture requirements preferred but not essential
* Off/Onshore windfarm experience preferred but not essential, Essential
* Qualified or working towards a professional accounting qualification
* Degree in a relevant subject (emphasis in accounting preferred)
Core Competencies
* Effective Communication
* Trust & Integrity
* Team Orientated
* Decisive
* Strategic Vision
* Adaptable
* Commercial/Business Awareness
Red Rock Renewables is an investor, owner, operator and developer of renewable energy projects. Based in Edinburgh, Scotland, our growing team are passionate about generating clean energy and supporting the UK and Europe's net zero ambitions.
Our current portfolio includes five part or fully owned wind farm projects, each at different lifecycle stages. Our operational wind farms - Afton (100% equity), Beatrice (25%) and Överturingen (50%) - have an installed capacity of 320 MW (RRPL proportion), while our development projects - Benbrack onshore wind farm in the South West of Scotland (100%) and Inch Cape offshore wind farm off the East Coast (50%) - will deliver an additional 570 MW. We are committed to long term investment in the Scottish and UK market, onshore and offshore wind sectors in particular, and have strong growth ambitions to expand into the wider European market and other sustainable energy technologies. We are actively pursuing acquisition and development opportunities, including the offshore wind leasing rounds. Our Edinburgh headquarters puts us at the heart of the UK industry, while our team's expertise and experience working on some of the world's largest energy infrastructure projects allows us a unique opportunity to consider a variety of different opportunities and we welcome candidates to join us on this journey. Red Rock Renewables was established in 2016 when SDIC Power, a global power generation company headquartered in Beijing, China acquired Repsol's UK wind portfolio. For more information on Red Rock Renewables and what it's like to work with us, visit .
A competitive salary and annual bonus along with a range of benefits including, family medical care, holiday purchase scheme, 10% non-contributory pension, life assurance, income protection and electric car scheme. The chance to work amongst a friendly, dedicated, sociable team and benefit from social, health and wellbeing initiatives. We are committed to providing ongoing training opportunities for all staff and invest in allowing you to reach your career goals. Through implementation of our hybrid working policy, we are committed to supporting a positive work-life balance for our employees whilst also maintaining valuable face time in the office. We're committed to achieving an equal gender balance and greater representation of all ethnic groups, both in our company and within the renewables industry. Diversity and inclusivity are central to our strength as a team as well as our culture as a business.