Lead Finance Manager (Settlements Controller)

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Lead Finance Manager (Settlements Controller)

Application Deadline: 31 March 2026

Department: Finance & Procurement

Employment Type: Full Time

Location: Birmingham, England, United Kingdom; Leeds, England, United Kingdom

Description

Contract type: Permanent
Hours: 37.5

Salary: circa GBP 90k depending on experience

Location: Leeds city centre OR Birmingham city centre

WFH policy: Employees are required to attend the office 2 days/week

Flexible working: Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.

Reports to: Head of Finance & Procurement
Deadline Note: We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.

Role Summary:The role reports to the Head of Finance. The Financial Controller is responsible for the Scheme Settlements side of the team. This is delivered through leading the Scheme Settlements, Scheme Accounting sub teams, liaising with EMRS and managing Process Improvement Specialist (temporarily). The role will currently lead a team of 7 and expected to grow with the company.

The role is responsible for overseeing all Finance transactions and processes that relate to the schemes managed by LCCC and ESC. This includes overseeing the development of accounting treatments for new schemes and the settlement operations for live schemes.

The role requires a strong blend of technical depth, leadership capability, and stakeholder engagement. It will liaise with several internal stakeholders (Scheme Operations, Analytics) and external stakeholders (NAO, DESNZ, EMRS). The Financial Controller will oversee the statutory audit and annual financial statements and be responsible for driving process improvements in the area in collaboration with the Finance Manager and Finance Systems Manager.

Key Responsibilities

1. 1. Oversee all development of accounting policies and processes linked to settlements of the business though leadership and oversight of Scheme Settlements team (Scheme Settlements and Scheme Accounting).
   2. Responsible for enabling team to make continuous improvements to processes.
   3. Responsible for overseeing control framework for Scheme Settlements side of the team.
2. Detailed responsibilities

   The key responsibilities of the role are outlined below, covering both LCCC and ESC. However, this is an overview of the role and is not exhaustive. As the size and number of different schemes continues to grow, the dynamic nature of the role may lead to further enhancements. LCCC recognises the evolving nature of the responsibilities and reserves the right to assign other duties commensurate with the role as required.

   Team leadership and development

   • Responsible for managing a growing team, ensuring team is structured to allow uninterrupted delivery of tasks, continuous improvement and efficient growth.
   • Leadership - Provide leadership to the team demonstrating company values and encouraging others to do the same.
   • Risks - Identify and monitor risks impacting the Settlements side of the team ensuring controls and mitigations in place.
   • Deputise and stand-in for the Head of Finance and Procurement on occasion as required.
   • Funding - Provide support to the Finance Manager to ensure appropriate funding in place for any difference payments not covered by levy and included in the annual LCCC delegation letter where necessary.
   • Chart of Account - Manage chart of accounts for Settlements side of the team.
   • Board reports - To have oversight of reports for Board/DENSZ relating to settlements scheme activity and ARAC.
3. Scheme Settlements
   • Existing schemes - Oversee LCCC financial operations of existing schemes (Contracts for Difference, Capacity Market, RAB and Green Hydrogen) maintaining teams relationship with EMRS ensuring controls in place to mitigate risks for LCCC/ESC ensuring that settlements are accurately reflected within the financial statements.
   • Existing schemes - Foster an environment of continuous improvement seeking to automate where possible whilst retaining and improving control framework.
   • Schemes - Oversee improvements to Finance documentation, policies and processes impacting new and existing schemes when required.
   • Scheme bank accounts - Oversee management of settlement bank accounts for existing and new schemes.
   • HMT cashflow - Monitor HMT cashflow prepared by Finance Settlements Manager.
   • New schemes - Ensuring that settlement funding for new schemes is allocated in line with Managing Public Money and scheme regulations.
4. Scheme development
   • New schemes - Oversee set up of Sage (or other ERP) and integration with LCCC developed settlement systems in collaboration with future Finance Systems Manager and Finance Manager.
   • New schemes - Ensure secure control environment for new schemes and appropriate segregation of duties within settlement processes.
   • New schemes - Oversee setting up of bank accounts and payment processes.
5. Technical accounting
   • Technical Accounting - Oversee technical accounting for LCCC and ESC, collaborating with DESNZ (and other Government departments) ensuring Audit, Risk and Assurance Committee (ARAC) updated throughout the year through detailed papers.
6. Year end
   • CfD (and new scheme) accounting - Oversee discounted cashflow valuations and process for recording these accurately and clearly in the financial statements in line with IFRS.
   • Financial Accounting - Oversee DESNZ non-TB submissions and other submissions connected to year end.
   • External Audit - Oversee a smooth audit process with the National Audit Office (NAO) through P9 and P12 audits.
   • Financial Statements - Oversee the financial accounts process with support from the Finance Manager, ensuring that all statutory reporting obligations are met and in line with IFRS.

Skills Knowledge and Expertise

Essential

• Fully-qualified accountant (ACA, ACCA, CIMA or equivalent) with post-qualified experience.
• Technically strong and analytical accountant with broad accounting (IFRS), tax and treasury experience including statutory and fiscal reporting, year-end audit and Control/Governance Framework
• Experience managing a growing Finance team preferably in Energy sector or Treasury.
• Experience of process and data management including how technology can be deployed to deliver efficiency, effectiveness and control to meet the defined business requirements.
• Excellent communication skills, with the ability to engage technical and non-technical audiences and communicate complex ideas in simplified terms.
• Strong stakeholder engagement skills, including cross-functional collaboration.
• Able to manage and develop less experienced members of the team.

Desirable

• A graduate or higher degree

Employee Benefits

As if contributing to and supporting work that makes life better for millions wasn't rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:

• Annual performance based bonus, up to 10%
• 25 days annual leave, plus eight bank holidays
• Up to 8% pension contribution
• Financial support and time off for study relevant to your role, plus a professional membership subscription
• Employee referral scheme (up to GBP 1500), and colleague recognition scheme
• Family friendly policies, including enhanced maternity leave and shared parental leave
• Free, confidential employee assistance, including financial management, family care, mental health, and on-call GP service
• Three paid volunteering days a year
• Season ticket loan and cycle to work schemes
• Family savings on days out and English Heritage, gym discounts, cash back and discounts at selected retailers
• Employee resource groups