Financial Accounting Manager

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Employer: Thames Water

Location: Reading - Clearwater Court - RG1 8DB

Salary: £65,000 to £72,000 per annum depending on experience

Closing date: 4 Apr 2025

Sector: Finance and Accounts, Utilities, Oil, Gas and Energy

Role: Manager, Professional

Contract Type: Permanent

Hours: Full Time

The Financial Accounting Manager is responsible for leading a team of Management accountants performing general accounting functions for the Operations Business in addition to the communication and promotion of financial position, insight, governance and control within the business.

This includes the responsibility for the accurate monthly, periodic and annual financial and regulatory reporting, providing insightful analysis of outputs, run rates and efficiencies across both operational and capital expenditure in conjunction with operational performance metrics.

What you'll be doing as a Financial Accounting Manager

• Leading a small team of management accountants; taking responsibility for their progression and development; ensuring all tasks are completed within agreed timescales and to a high quality.
• Govern and approve the period close financials for Capital income, Opex and Capex in accordance with the agreed close schedules and timetables.
• Lead the coordination and preparation of the regulatory accounting returns within the Asset Operations and Capital Delivery business area.
• Complete impairment assessment and fixed asset register clean up for half year and year end reporting.
• Utilise technical knowledge to support the wider Asset Operations and Capital Delivery with accounting queries and writing accounting papers.
• Ensure capital recharges are appropriate and that the business gets the best value for the allowed spend (in readiness for viewing costs on a Totex basis within Operations).

This is a fixed term contract 12 - 18 months (Maternity Cover)

Working pattern - 36 hours

What you should bring to the role

We are looking for a confident and self-motivated professional who is interested in driving performance and understanding the relationship between operational and financial performance.

• Systems experience with SAP and HFM
• Demonstrate thorough knowledge of accounting principles, systems, and procedures
• Experience in a leading or managerial role
• Excellent knowledge of financial statements
• Knowledge and understanding of IFRS

What's in it for you?

• Competitive salary from £65,000 to £72,000 per annum depending on experience
• Annual Leave: 26 days holiday per year increasing to 30 with the length of service (plus bank holidays)
• Annual Bonus
• Generous Pension Scheme through AON
• Private Medical Health Care
• Access to lots of benefits to help you take care of you and your family's health and wellbeing, and your finances - from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance

We're the UK's largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people and the planet to thrive.

Thames Water is a unique, rewarding and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you'll enjoy fast-tracked career opportunities, flexible working arrangements and excellent benefits.

Whether you're interested in a role in one of our call centres or science labs, we're looking for people like you with real passion and a burning desire to make things better.

So, if you're looking for a sustainable and successful career where you can make a daily difference to millions of people's lives while helping to protect the world of water for future generations, we'll be here to support you every step of the way. Together, we can build a better future for our customers, our region and our planet.

Real purpose, real support, real opportunities. Come and join the Thames Water family.

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.

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