This is an opportunity to join the Octopus Australia team in our Sydney office. The successful applicant will be able to join the Octopus Australia team on their mission to accelerate Australia's transition to a future powered by renewable energy.

About Octopus Group

Octopus Group is one of the largest owners of renewable energy projects in Europe and Australia. It owns some 260 assets, on behalf of wholesale and institutional investors. Domestically, Octopus Australia is responsible for managing over $1 billion of assets for local and international investors.

Octopus Australia

Established in 2018, Octopus Australia is a dynamic multi-disciplinary team of over 50 highly skilled people which spans the expertise required to realise and operate a renewable energy and storage portfolio.

With an existing multi-GW portfolio of operating and development assets, including solar, wind and grid battery storage across the country. We are continuing to grow to create a long-term business that can deliver a firmed energy product to meet the evolving needs of Australia’s energy future.

• Unit Pricing: Ensure accurate and timely calculation of unit prices for the funds, working closely with other teams to validate pricing methodology and underlying asset valuations.
• Cash Reconciliation (including support to BDMs to monitor investor cash flows): Perform cash reconciliation for the funds, ensuring all cash transactions are accurately recorded. Collaborate with Business Development Managers to monitor investor cash inflows and outflows, ensuring all investor transactions are processed and reconciled.
• Drafting Drawdowns/Distributions Notices: Prepare and issue drawdown and distribution notices to investors, ensuring clarity and accuracy in all communications regarding capital calls or distributions.
• Invoice Payments: Manage and process invoice payments for fund-related expenses, ensuring timely payment and proper documentation in accordance with internal procedures and financial controls.
• Updating Database for Performance Calculations: Maintain and update the performance database with relevant data for accurate performance tracking and calculations. Ensure data integrity for portfolio and fund performance assessments.
• Preparation of Investor Reporting Obligations including ESG Reporting: Assist in the preparation of regular investor reports, ensuring compliance with reporting obligations. Prepare ESG reports and provide transparent fee disclosures, ensuring investors are fully informed.
• Working with External Administrators: Collaborate with external fund administrators to ensure smooth operations, including fund valuations, NAV calculations, investor communications, and adherence to regulatory and compliance standards.

Ideally, you will have some or all of the following qualifications, skills and experiences:

• Tertiary Qualifications in Commerce, Economics, Finance, or a Related Field: A relevant academic background with a degree in Commerce, Economics, Finance, or a similar discipline, demonstrating a solid understanding of financial principles and operations.
• Minimum of 2 Years’ Experience in Fund Operations within Funds Management: At least 2 years of hands-on experience in fund operations within the funds management industry, with a strong understanding of fund structures, operations, and financial processes.
• Excel Skills: Advanced proficiency in Microsoft Excel, including the ability to manage large datasets, create complex formulas, and generate financial models and reports. Familiarity with pivot tables, VLOOKUP, and other data analysis tools is essential for the role.
• Self-Motivated Problem Solver and Team Player: You take initiative, manage tasks independently, and find innovative solutions to challenges while collaborating effectively with others to achieve shared goals in a positive, results-driven environment.

What we offer

• 💰 A competitive salary package including bonus and medical insurance benefits
• ✈️ Extra Annual Leave entitlement
• 🏡 Flexible working 
• Ongoing learning and career development opportunities

Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. We also understand the value of diversity, and we are dedicated to creating an inclusive workplace environment. We would welcome people of all backgrounds to apply. 

Our Values 

At Octopus we don’t just focus on what we do but also how we do it. Everyone to shares our values of being straightforward, helpful, and bold. Our culture is critical to our success and is built around three principles that underpin how we pursue our goals:

• Be Bold – We like people who make decisions quickly and are OK changing their mind if it turns out there’s a better way of doing things.
• Be Helpful – We like People who behave like it always day one and who remember without our customers there is no business.
• Be Straightforward – We like people who have opinions and express them in a way that’s respectful and easy to understand.