Title: Accounting Analyst – Energy & Infrastructure team, Glasgow (Hybrid)
Location: Glasgow
Department: Energy & Infrastructure
Downing is dedicated to delivering investments that matter – for our economy, our health, our society, our local communities and our environment.
For over 35 years, our highly experienced team and our entrepreneurial spirit has driven us to seek out long-term and unique opportunities that solve challenges faced by investors, companies and society.
From our headquarters in the City of London, and from offices in Cardiff, Glasgow, Helsinki and Stockholm, we structure and manage innovative investments that meet specific investor needs and look to the future with conviction. Our 200-plus employees drive our vision of long-term value creation, which we achieve by being bold, straightforward and ambitious.
Guided by these principles we have a broad range of investment opportunities. Our private market offerings include renewable energy infrastructure, private equity and private credit. In public markets, we have a boutique of specialist fund managers that provide a distinctive suite of investment mandates.
As a certified B Corp, we take our responsibilities, to our investors, our stakeholders and society, seriously. We invest for return while always considering our impact on the world.
Diversity is important to us, and we see the benefits that having a team with a range of backgrounds and perspectives can bring. We are bold and ambitious, straightforward and we support each other. These core values are vital to everything we do – from the businesses we invest in, to the people we hire.
The Energy & Infrastructure (E&I) Asset Management finance team consists of two key components: Finance Operations and Commercial Finance. These teams collaborate to manage the financial, commercial, and valuation workstreams of the assets under management.
The finance team operates from London, Glasgow, and Stockholm, collectively overseeing assets-owned by three Downing-managed investment funds. These funds encompass over 100 entities and assets, including holding companies and special purpose vehicles focused on solar, wind, hydro, grid, battery storage, and shunt reactor technologies.
The E&I Asset Management team includes technical and commercial experts, ESG specialists, data analysts, and finance professionals. Team members are distributed across the three main offices, similar to the finance team. We work in close partnership with the wider Downing teams to drive growth for the Downing-managed investment funds.
Reporting to the Finance Operations Manager based in Glasgow and working closely with the Operations team, this role will support the day-to-day financial operations in both the UK and Nordic regions, working closely with the core renewable energy assets (solar, hydro, battery and wind) and any other technologies that would be brought into the business.
This role is key to ensuring smooth communication with internal stakeholders and supporting finance operations to the highest standard. The Accounting Analyst will play an important role in maintaining accurate financial processes and will work closely with the Energy & Infrastructure team.
Your responsibilities will include:
• Monitor and manage the team’s shared inbox, ensuring timely responses and escalating queries to the wider team where appropriate.
• Support effective communication with internal stakeholders.
• Assist in maintaining relationships with external vendors and internal teams.
• Work closely with commercial finance team to ensure processes are followed across all regions.
• Manage the full cycle of Accounts Payable and Accounts Receivable, ensuring accuracy and timely processing
• Handle payments, including vendor settlements and intercompany transfers
• Oversee vendor invoice routing and approval workflows, maintaining compliance with internal controls
• Perform bank reconciliations and assist with tax-related reconciliations (e.g., VAT) under supervision.
• Track and report on aged payable and receivable positions, flagging overdue items to the wider team.
• Support the resolution of overdue items by liaising with relevant stakeholders, both internal and external, to ensure timely cash collection
• Collaborate with local teams and external consultants to ensure adherence to local accounting regulations
• Engage with local authorities as necessary for audits, regulatory inquiries, or compliance updates
• Support the development and documentation of accounting policies, procedures, and best practices
• Provide support on ad-hoc projects and tasks as required.
• Support preparation of internal financial reports and provide accurate data for analysis.
• Help coordinate with external auditors by providing required documentation.
Budgeting and forecasting
• Support the annual budgeting process by gathering data and preparing inputs.
• Assist in monitoring actuals versus budget and reporting variances.
• Identify opportunities to improve workflows and efficiency.
• Support implementation of new tools and systems, including automation initiatives.
• Help document processes and maintain updated procedures.
The ideal candidate will have the following:
• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Up to 1 year of experience in accounting or finance (internships or entry-level roles are a plus).
• Basic understanding of accounting principles and financial processes.
• Familiarity with financial software and tools.
• Strong attention to detail and ability to work accurately with numbers.
• Good organizational and time management skills.
• Eagerness to learn and develop within a dynamic finance team.
• Ability to works in a fast paced environment and manage multiple priorities.
• Flexibility: Willingness to adapt to new situations and challenges.
• Problem-solving: Efficiently identifying and resolving issues.
• Initiative: Taking proactive steps to address issues and improve processes.
• Attention to Detail: Ensuring accuracy and thoroughness in tasks.
• Time Management: Effectively managing your time to meet deadlines.
• Self-Awareness: Recognising your strengths and areas for improvement.
• Accountability: Taking responsibility for your actions and decisions.
• Integrity: Demonstrating honesty and strong moral principles.
• Resilience: Bouncing back from setbacks and staying motivated.
• Teamwork: Collaborating effectively with others.
• Communication: Clearly conveying information and ideas effectively, both verbally and in writing.
Downing’s values - Be bold and ambitious | Be straightforward | Support each other
Our values serve as a guide that shapes every aspect of Downing. They extend far beyond the conduct of our employees and encompass our products, services, and relationships with our investors and their advisers. By upholding these values, we firmly believe that we can navigate challenges and seize opportunities. Our commitment to these values ensures that we make a positive impact in everything we do, leaving a lasting and meaningful imprint on the world around us.
Downing operates a hybrid working policy whereby employees are expected to work from the office for a minimum of 3 days each week. If specific days are required in the office, this will be communicated during the interview process.
At Downing, we work hard to create a safe space for everyone: an environment for people to be themselves, and to be straightforward, honest and candid. Diversity is important to us, and we are passionate about creating an inclusive culture that supports and celebrates this.
We are committed to treating all employees and applicants fairly throughout our recruitment process and every aspect of employment, irrespective of background, disability or any other protected characteristic.
We will make reasonable adjustments within our recruitment process (and throughout employment) where needed. If you need any adjustments at any stage of our recruitment process, please do not hesitate to speak to the hiring manager or Downing’s People Team (people@downing.co.uk).
To understand what information we collect about you, how we will use it and for what purpose, please read our privacy notice.
If you are a financial adviser, or discretionary fund manager please call us on 020 7630 3319 or email us at sales@downing.co.uk
If you are a private investor please call us on 020 7416 7780 or email customer@downing.co.uk