Senior Reporting Accountant - Derivatives

Eames are partnering with a leading energy company based in the City of London to hire a Senior Derivative Reporting Accountant.

Our client, already a leader within the renewable energy space, has exciting plans for growth over the coming years. This is a newly created role as part of a major finance transformation programme to build a best-in-class function with scalable, efficient processes and a strong focus on performance and control.

The successful candidate will take the lead on the reporting of all derivative positions, ensuring accuracy across monthly management accounts, quarterly shareholder reporting, and statutory filings.

Key Tasks / Responsibilities:

• Financial Reporting: Prepare and present comprehensive reports on all derivative activities, including mark-to-market (MTM) valuations, profit and loss (P&L) impact, margin commentary, and valuation reserve movements.
• Regulatory Compliance: Ensure all derivative transactions are fully compliant with IFRS accounting standards, particularly IFRS 9 and IFRS 13.
• Reconciliation and Controls: Perform regular reconciliations between derivative positions, trading records, and finance systems. Investigate and resolve discrepancies efficiently.
• Audit Support: Lead the audit process related to derivatives, including preparing disclosures for financial statements and coordinate with external auditors.
• Process Improvement & Automation: Evaluate current derivative reporting processes and implement improvements to increase efficiency.
• Stakeholder Engagement: Act as the key contact point for derivative reporting within finance, collaborating closely with key business teams including Trading, Risk, and Commercial Finance.
• Team Upskilling & Knowledge Sharing: Play a central role in increasing derivative awareness and capability across the finance function.

Person Requirements:

• ACA (or equivalent) qualified with 1-2+ years' experience in a derivatives-focused accounting role
• Strong technical understanding of IFRS 9 and IFRS 13
• Proven experience working with derivatives in the energy, utilities, or oil & gas sector
• Confident communicator with the ability to engage cross-functionally and drive change

What's on Offer:

• £100,000-£115,000 + generous bonus
• 10% non-contributory pension plan
• 25 days annual leave
• Private healthcare
• Hybrid working: 2-3 days in the London office

This is an excellent opportunity for a technically strong, commercially aware accountant with experience in IFRS derivative reporting and a background in the energy, utilities, or commodities sector.

Eames Consulting is acting as an Employment Agency in relation to this vacancy.