Financial Reporting Manager

In the world of energy, no area is more exciting than large-scale energy storage. From a few installations a decade ago to a market Barclays Bank says is “likely to approach the trillions,” energy storage makes wind and solar available around the clock. Invinity is taking a leading role by providing a safe, reliable, and economical alternative to conventional storage solutions.

Invinity Energy Systems, a public company trading on the London Stock Exchange, produces batteries that do not suffer the short life, fire risk and materials scarcity that hold back solutions powered by lithium-ion batteries. Invinity’s flow batteries store energy in a water-based electrolyte using vanadium, a widely available element proven in energy storage for decades. Invinity has commercial projects in Europe, North America, Asia and Australia, with significant operations in Bathgate and Vancouver and offices in London and San Francisco.

We are looking for people with a passion for renewable energy to join us. People love working at Invinity because we are empowered to make a meaningful impact. We’re small enough that every team member plays a critical role in our daily business, but large enough that the batteries we build are being deployed at significant scale in landmark clean energy projects around the world.

Invinity is committed to providing equal opportunities in the workplace and follows a comprehensive Equal Opportunities Policy to ensure all employees are valued and can reach their full potential.

Job Summary:

We are seeking a dedicated Financial Manager to help lead our Financial Reporting and Compliance. Reporting directly to the VP Finance, you will play a pivotal role in ensuring accurate and timely public IFRS financial statement reporting, overseeing monthly management closing processes in a key location, and upholding policy and compliance standards. Your expertise in financial reporting, coupled with a strong understanding of regulatory requirements, will be crucial in maintaining the financial integrity of our organization.

Key Responsibilities:

• Lead and manage the Financial Reporting and Compliance elements of the Accounting function, ensuring adherence to IFRS, established policies, procedures, and regulatory standards.
• Oversee the monthly closing process in a key location, including the preparation and review of financial statements, balance sheet reconciliations, and income statement analysis.
• Collaborate with cross-functional teams to ensure accurate and timely consolidation of financial data across our entities that includes the UK, Canada and the US.
• Develop, implement, and maintain accounting policies and procedures in compliance with relevant accounting standards and regulations.
• Monitor changes in accounting regulations and assess their impact on the organization’s financial reporting processes.
• Work with FP&A to help prepare and present insightful analyses of financial statements, highlighting key trends, performance metrics, and areas for improvement.
• Principle manager of relationship with external auditors, external banking and insurance firms co-ordinating activity and ensuring the provision of requested information by all agreed deadlines for areas of responsibility
• Coordinate and collaborate with external auditors for annual audits, providing necessary documentation and support.
• Drive process improvement initiatives to enhance the efficiency and effectiveness of financial reporting processes.
• Assist in the development and implementation of internal controls to ensure data accuracy, integrity, and compliance.
• Provide guidance and training to team members on financial reporting processes, policies, and compliance matters.
• Through business partnering, provide context, analysis and technical advice on significant transactions with in the business to optimise the structure and execution

Essential Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field.
• ACCA or CPA Qualification.
• Financial reporting experience within a public company is required, preference for experience with the AIM or LSE.
• Minimum of 5 years of experience in financial reporting, that preferably includes leading the month-end closing processes and policy compliance.
• Strong understanding of International Financial Reporting Standards (IFRS).
• Proven experience in managing teams and driving process improvements.
• Excellent analytical skills with a keen attention to detail.
• Advanced proficiency in MS Excel and financial reporting software.
• Strong communication skills, both written and verbal.
• Experience writing accounting technical memorandum.
• Ability to collaborate effectively with cross-functional teams and stakeholders.
• Solid knowledge of internal controls and compliance best practices.
• Possess a relentless drive for continuous improvement driven through cultural, operating and governance initiatives.
• Familiarity with regulatory frameworks and compliance requirements in the UK

Desired Skills:

• Experience with ERP systems and financial consolidation tools.
• Accounting experience in a manufacturing production environment is preferred.
• Familiarity with regulatory frameworks and compliance requirements in the US and Canada is an advantage.