FP&A Analyst, Energy at Brighte

FP&A, Full Time, Permanent, Sydney, NSW sydney analytics full-time
Description
Posted 1 months ago

Brighter Together

At Brighte, we believe every Australian deserves access to a sustainable and comfortable home. How do we help Australian’s achieve this? We build innovative mobile and web platforms, responsible and seamless financial solutions, and relationships with customers and vendors that last. Our addressable market is massive and rooted in a positive mission that empowers Australian’s and the growing and critically important sustainability market. 

We have been recognised for our incredible work in diversity and inclusion and have a leadership team that is passionate about building a high performing culture where people feel a sense of belonging. If you’re keen to work for a mission-driven company, with smart people who live and breath Brighte’s values, have a read below.

This role exists within Brighte’s emerging energy business, providing expertise in financial management and forecasting. It requires getting into the detail, with the capacity to solve complex problems and the ability to translate abstract issues to actionable solutions. In addition, the role will take an active part in the design and configuration of the core energy platform, working closely with the finance team to design and implement robust controls across Brighte’s retail and wholesale activities.

FP&A

  • Work closely with the Head of Wholesale Energy & the Head of Retail Energy to translate business model scenarios into financial forecasts, cash flows and balance sheets.
  • Undertake stress testing based on a range of scenarios and communicate results.
  • Develop budgets, forecasts, and monthly financial reporting that aims to cultivate transparency and improve business performance, and predictability.
  • Creating robust, reliable and user-friendly financial models to evaluate and forecast Brighte’s energy business.
  • Develop unit-economic models and metrics encompassing cost of acquisition, cost to service and lifetime value.
  • Perform routine and ad-hoc analysis to provide strategic insight to improve business performance.
  • Maintain a deep understanding of the key financial drivers and risks, and be able to relate these in commercial terms.
  • Stewardship

  • Develop accounting policy for Brighte’s energy offering in accordance with applicable accounting standards.
  • Ensure energy hedges and other derivatives are appropriately accounted for (e.g. mark to market), managed and reconciled.
  • Put in place effective monitoring systems to track wholesale exposures and limits.
  • Advise on GST as it relates to the energy product and pricing, seeking external advice as necessary.
  • Participate in the configuration of Brighte’s wholesale and retail settlement platform to:
  • Ensure transactions are appropriately mapped to the general ledger.
  • Implement a regime of reconciliation and control accounts to mitigate financial risk.
  • Ensure that GST is correctly configured.
  • Oversee the integration with banking systems and ensure cash is reconciled on a daily basis.
  • Requirements

  • Minimum 5 years of relevant post-qualification experience.
  • CA/CPA qualified.
  • Tertiary qualifications in Finance, Economics or a related field.
  • Commercial background in the retail electricity industry.
  • Strong understanding of National Electricity Market.
  • Advanced Excel (essential) and SQL skills (highly regarded).
  • Strong business acumen with a commercial awareness and insight to commercial drivers and relationships.
  • Why Brighte

  • Employee Share Options. We want to build a successful company which means sharing the potential upside together.
  • Flexible working. It's all about balance so feel free to work from home when you need to.
  • Generous Parental Leave Policy. We couldn't get where we are today without our families.
  • Diversity and Inclusion. Winning Best Workplace Diversity award at the 2020 Finnies.
  • Employee Assistance Program. For confidential financial, work, relationship, or wellbeing support. 
  • Recognition and Reward Brighte Stars program. We drive a culture of recognition and celebration by shining a light on our accomplishments and everyday victories.
  • Nutritious food. A well-stocked pantry including free breakfast, daily fresh fruit, espresso coffee, yoghurt, Tim Tams and many more snacks to make work feel a little more like home. We've also got kombucha, beer, and wine on tap.
  • End-of-Trip Facilities. Cycle in to work, lock up your wheels, and have a shower in our end of trip facilities with towel service and hair dryers.
  • We’re a high performing team and proud to be backed by investors who believe in our mission and the opportunity we have ahead of us. Airtree Ventures, Mike Cannon-Brookes’ Grok Investments, Kim Jackson and Scott Farquhar’s Skip Capital as well as Qualgro Partners continue to help us scale our teams and products. 

    We’re recognised as one of Australia’s leading fintech companies, having been ranked the 6th fastest growing Technology Business in Australia in the Deloitte Fast 50/500 (2020) and winning the inaugural Finder Green Award (2020). We’ve also been recognised as a leading FinTech by the Australian Financial Review, Fintech Business Awards and KPMG.