Rullion has an exciting opportunity for a well-seasoned Debt Finance Manager to join a leading energy provider based in Nottingham. As the Debt Finance Manager, you will co-ordinate finance activity for revenue and bad debt across the business in the UK, whilst driving understanding and influencing stakeholders to optimise performance. You will be responsible for driving understanding of performance across Residential and SME and influencing stakeholders to minimise the impacts of the energy crisis and cost of living crisis to ensure that debt issues are appropriately accounted whilst supporting and driving debt performance. Business partnering: · Understanding the relationship between operational activity, commercial settlements and financial processes. · Strong industry knowledge covering the full meter to cash value chain and the upstream impacts to the Debt Book · Understand the specific nature and complexities of both the Residential and SME businesses and how best to support them by adding value to the business. Works closely with the Commercial teams to successful plan the BDC forecast aligned with customer and payment / meter type mix · Detailed understanding of debt management and related commercial issues that support the product offerings associated with large industrial and commercial organisations. Contributing to the development and fulfilment of complex/bespoke products · Uses both internal and external insight to develop and maintain a deep understanding of both Residential and SME markets, specifically challenges in the affordability and vulnerability cohorts of the base. Accounting, Reporting and Forecasting: · All bad debt accounting and reporting for the R&S pillar, ensuring appropriate levels of provision, factoring in macro economic impacts and internal collections performance. · Develop a robust and insightful cash collection/ debt forecasting process, gaining buy in from operational stakeholders, thus enabling optimisation of performance. · Management of the debt provisioning model and ensure risks are appropriately provided for. Ensure the provisioning methodology continues to accurately reflect debt risk, driving continuous improvement to meet external audit requirements. · Ability to explain key variance to forecasts and articulate insight from performance trends clearly to stakeholders as part of financial reporting processes. · Understand key financial drivers for bad debt and debt resolution to enable accurate forecast submissions. Clearly articulating the financial impact of opportunities and risks. · Share best practice with colleagues from other finance, insight and operational teams. Ensure financial Ofgem reporting is completed in line with license condition Implementation of a dynamic governance framework driving accountability on performance while ensuring that the organisation is empowered throughout to drive customer centricity. Active role in building a high calibre, empowered, modern finance function, with a key focus on driving digitisation and automation, while ensuring strong audit compliance. |