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Technical Accountant

Help us use technology to make a big green dent in the universe!


Kraken powers some of the most innovative global developments in energy.


We’re a technology company focused on creating a smart, sustainable energy system. From optimising renewable generation, creating a more intelligent grid and enabling utilities to provide excellent customer experiences, our operating system for energy is transforming the industry around the world in a way that benefits everyone.


It’s a really exciting time in energy. Help us make a real impact on shaping a better, more sustainable future.


Kraken Customer


What we do: build the most AI-driven, innovative, forward-thinking platform for energy management. From optimising resources to delivering cost-effective, exceptional customer experiences through advanced Customer Information Systems (CIS), billing, meter data management, CRM, and AI-driven communications, Kraken is powering the next wave of innovation in the energy industry. 


Why we do it: future energy will not look like energy as we know it today. We need to not just think about our future, but build for it. Now.


Kraken, a part of the Octopus Energy Group, is seeking a skilled and detail-oriented Technical Accountant with a strong background in enterprise SaaS, IFRS and international tax. This role is ideal for someone who can provide strategic financial insights and guide the business through complex accounting matters. You will be instrumental in ensuring compliance with international tax laws and supporting large-scale SaaS deals, as Kraken continues its global expansion.


What you'll do
  • Provide technical accounting advice on significant transactions, including revenue recognition, SaaS licensing, acquisitions and global expansion initiatives.
  • Collaborate with cross-functional teams to ensure accounting standards are upheld, offering guidance on complex accounting issues.
  • Manage the end-to-end process for international tax compliance, working with external advisors and internal stakeholders.
  • Support the finance and legal teams in structuring and negotiating large SaaS contracts, providing expertise in accounting treatment and tax implications.
  • Drive the development and implementation of accounting policies, procedures, and controls aligned with both local and international regulatory requirements.
  • Lead or contribute to special projects, including audits, mergers, acquisitions, and other corporate activities that require technical accounting expertise.


What you'll need
  • Experience working at an accounting firm with a focus on enterprise SaaS and international tax.
  • ACA, ACCA, or equivalent qualification.
  • Strong knowledge of IFRS, US GAAP, and revenue recognition principles for SaaS (ASC 606).
  • Demonstrated experience in dealing with international tax laws and compliance.
  • Ability to provide strategic accounting advice on complex, large-scale SaaS deals.
  • Strong analytical and problem-solving skills, with the ability to influence decision-making at senior levels.
  • Excellent communication skills and the ability to work collaboratively across departments.
  • Proven ability to work in a fast-paced, high-growth environment.


Why you'll love it here
  • Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
  • Octopus Energy is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people 
  • Visit our perks hub - Octopus Employee Benefits


We would prefer someone who can work in our London office but will consider remote candidates. However, you do need to be able to work in the UK.


We're very excited to be growing our team. We're looking for skills and experience to help shape and define the future of not only our team, but the wider business at a global scale. If you're reading this and grinning, please apply! There are huge challenges to tackle, and we need amazing people who are keen to get stuck in.


If this sounds like you then we'd love to hear from you.


Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!


Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Technical Accountant, Kraken

Join Kraken, a leader in innovative energy technology, as a Technical Accountant in London! We’re on a mission to create a sustainable energy system that makes a significant impact on the world. As the Technical Accountant, you’ll play a pivotal role in guiding our growth through strategic financial insights and ensuring compliance with international tax regulations. Your expertise in enterprise SaaS, IFRS, and international tax will be invaluable as you provide technical accounting advice on significant transactions like revenue recognition and SaaS licensing. You’ll collaborate with cross-functional teams to uphold accounting standards while managing international tax compliance alongside external advisors. You will also support finance and legal teams in structuring large SaaS contracts, driving the development of accounting policies and controls that align with regulatory requirements. This position is perfect for someone with an ACA, ACCA, or equivalent qualification and solid experience in international tax laws. If you thrive in a fast-paced environment and want to be part of transforming the energy industry, come on board. Not only will you contribute to groundbreaking projects, but you'll also enjoy a culture that empowers you to learn and grow. Let's shape the future of energy together at Kraken!

Frequently Asked Questions (FAQs) for Technical Accountant Role at Kraken
What are the responsibilities of a Technical Accountant at Kraken?

As a Technical Accountant at Kraken, you will provide technical accounting advice on complex transactions, manage international tax compliance, and support the finance team in negotiating SaaS contracts. You’ll work with cross-functional teams to ensure adherence to accounting standards and play a vital role in driving the development and implementation of accounting policies that meet local and international regulations.

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What qualifications do I need to apply for the Technical Accountant position at Kraken?

To apply for the Technical Accountant position at Kraken, you should have an ACA, ACCA, or equivalent qualification, along with substantial experience in enterprise SaaS accounting and international tax. Additionally, familiarity with IFRS, US GAAP, and revenue recognition principles specific to SaaS is critical for success in this role.

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How does Kraken support career growth for Technical Accountants?

Kraken supports career growth by fostering a unique culture that values autonomy and encourages individuals to take on new challenges. As a Technical Accountant, you will work on exciting projects that enable you to expand your expertise while being provided with necessary tools and resources to hone your skills and advance your career in the dynamic energy sector.

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Is remote work allowed for the Technical Accountant position at Kraken?

While Kraken prefers candidates who can work in our London office, we are open to considering remote candidates who can operate effectively within the UK. It’s important for all team members to be able to collaborate seamlessly, regardless of their location.

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What makes working at Kraken as a Technical Accountant special?

Working as a Technical Accountant at Kraken offers a chance to be part of a team that is driving significant change in the energy sector. With a focus on innovation and sustainability, you'll be in a position to use your skills to make a meaningful impact while enjoying a supportive workplace culture recognized as one of the best places to work. Kraken genuinely values all contributions, which empowers you to truly excel and innovate within your role.

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Common Interview Questions for Technical Accountant
Can you explain your experience with enterprise SaaS accounting?

When answering this, highlight specific projects or responsibilities you've managed related to SaaS accounting, emphasizing your understanding of revenue recognition principles, particularly ASC 606. Providing tangible examples of your contributions will demonstrate your expertise in this area.

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How do you stay updated on changes in international tax laws?

Mention any professional development activities you engage in, such as attending workshops or reading industry publications. Conveying that you prioritize continuous learning reflects positively on your commitment to staying informed, which is crucial for the role.

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Describe a complex accounting issue you resolved.

Choose an instance that showcases your analytical and problem-solving skills. Clearly outline the issue, your approach to resolving it, and the impact your solution had on your team or organization. This shows your ability to navigate complexities in accounting.

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How do you collaborate with cross-functional teams as a Technical Accountant?

Discuss specific experiences where you worked with other departments, such as finance, legal, or operations. Highlight how communication and teamwork contributed to achieving common goals, demonstrating your collaborative mindset.

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What steps do you take to ensure accounting compliance?

Explain your approach to compliance, using concrete examples. This could involve performing internal audits, staying current with regulatory updates, or enhancing processes. Show that you place a strong emphasis on integrity in your work.

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How do you handle tight deadlines in a fast-paced environment?

Share strategies you use for prioritization and staying organized under pressure. Providing insights into your time management skills and past experiences of meeting challenging deadlines will add weight to your answer.

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What accounting software are you proficient in?

List the accounting software you have experience with, emphasizing any that are relevant to earnings, tax compliance, or audit processes. If possible, mention how you utilized these tools to improve efficiency or accuracy in your past roles.

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Can you describe your approach to developing accounting policies?

Discuss how you leverage your understanding of regulatory requirements and best practices to draft or enhance policies. Providing a framework that outlines your approach will illustrate your strategic thinking in this area.

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How do you manage relationships with external advisors?

Explain your communication style when collaborating with external advisors and how it affects compliance and business outcomes. Discuss how you ensure that everyone is aligned and working towards the same objectives.

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What interests you about working for Kraken as a Technical Accountant?

Tailor your response to the company's mission in sustainable energy. Conveying genuine enthusiasm for Kraken's role in transforming the energy industry will demonstrate a cultural fit and alignment with the company's goals.

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Full-time, hybrid
DATE POSTED
January 7, 2025

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