In September I came back from London and joined the Group reporting team in Oslo. That feeling of coming back. From the wind segment back to a centralised function. From tennis to skiing. From the Moorgate office to the headquarters in Lysaker. After gaining some comfort, confidence and control when working with accounting issues in Oslo and reporting to external investors in London, I expected those feelings to strengthen during the third rotation.
New rotation – new tasks
The most important of my tasks in the third rotation has been preparing and presenting Statkaft’s annual report. In addition to regular reporting, I have been chatting with colleagues back in UK (in addition to Norway and Sweden) to follow up the wind segment for the Group reporting purposes as well as assist with International Financial Reporting Standards (IFRS) issues. Finally, I have been part of implementing new systems to enhance the reporting process.
Layers adding up
The nature of tasks in my rotation quickly smashed my ex-ante expectations into pieces. I was quickly pushed outside my comfort zone, the confidence gave way to humbleness and that individualistic desire for control was transformed to becoming a team player.
Thinking retrospectively, I should not have expected otherwise. While in London my main responsibilities were encircled with management reporting on onshore wind farms, here in Oslo it has been stretched to Group reporting with more than 100 legal entities providing financial information. At the same time, during the previous rotation I could rely on my curiosity and knowledge of the process from A to Z (or “A til Å” as one says in Norway) when looking for the ways to improve t. In the Group reporting the process is composed of many different pieces, including colleagues providing input and stakeholders that are interested in the output. So in the very beginning just comprehending it consumed significant amounts of energy (lack of lunch options around compared to the Moorgate office did not help to refuel it). Finally, switching from management reporting to a purely IFRS driven one added its layer of complexity and some thick books on the desk.
Bringing back London to Oslo
During some of those challenging days at the headquarters I would want to bring back a bit of London to my life – to get lunch at the desk, take the headphones and turn for inspiration. From colleagues, jazz and Tim Harford. I have used this as opportunity to reconsider the instincts and fixed-idea on how things should be, to embrace the unexpected, challenging and extremely interesting. And at the end of the day I would play my part in the Annual report 2015. With some sprouts of comfort, confidence and control.
Stay tuned to hear how it sounds.