What is the purpose of the role?
We are currently seeking a management accountant who is seeking a new challenge, to provide consolidation decision support for the retail division's finance function. You will build core relations with your direct stakeholders within finance- sales & billing, opex, capex and cash & debt teams as well as group finance. You will analyse and interpret the given data into a translated format assuring only the accurate and relevant information is shown. The outputs and comments provided from the consolidation reports are seen by senior management and thus will provide you with responsibility recognised by those outside your direct team.
What makes this role unique?
This role provides a great opportunity to work within the Retail division as we become more market competitive, improve our digital platform and improve customer experience and satisfaction. You will be joining at an exciting time of change where you will support the team in transitioning from traditional management accounting to a business partnering model, providing more influence on how we do business and what improvements can be made. You will be part of a great team and have a real sense of achievement.
What will this role involve?
Month end reporting - Critically review and present retail results, cost to serve and FTE reporting for actuals, forecast and budget.
Analysis of variances and presentation of these in the month end across all retail areas.
Maintain and develop the reporting packs, updating to meet changing requirements of management
Business Partnering - Ensure the retail leadership team receive the specific financial information needed to make the right decisions by understanding the core drivers and important outputs.
Work with business partner for each area to strengthen as well as standardise the management accounts information provided; ensuring continuous improvement for our processes.
Ensure risks and opportunities are identified and flagged as appropriate
Other processes to be involved in - FTE reporting by leading the finance activity around updates to the FTE process.
Provide updates on the correct cost centres.
Ensure that recharges in and out of retail are adequately supported and understood.
General ledger maintenance; updates to cost centres, recharges rates across retail business.
What are we looking for?
Are you an ACA / ACCA / CIMA qualified accountant? Do you have proven business partnering experience? If yes, look no further! We are seeking a confident and self-motivated consolidation lead to provide professional advice and guidance in our decision makings. You will have proven track record of analysis, turning data into a presentable format by identifying key issues. Excellent attention to detail is essential as well as the ability to be resilient, flexible and deliver to tight deadlines. You will be well-versed in building strong relationships with internal stakeholders of all levels and thus possess good influencing skills. In addition to this a successful candidate will possess strong commercial awareness and be confident with using finance systems and packages (SAP and HFM experience beneficial). Due to the nature of this role, travel is required.
Thames Water information and salary details
This role is based in Swindon, with a salary of up to £50k depending on skills and experience. Our excellent salary package includes a competitive contributory pension and a wider benefits scheme which includes an annual pay review, child care vouchers, season ticket loans and loyalty awards for continuous service plus many more.
About Thames Water
Thames Water is the largest water and waste-water services company in the UK. We provide the essential service at the heart of daily life, health and enjoyment to 15 million customers across London and the Thames Valley and we are going through a period of exciting change. On a typical day we supply 2.6 billion litres of top quality drinking water and our 350 sewage treatment works treat more than 4.2bn litres of waste-water. Our 85,000 miles of water mains and sewers would wrap around the world three-and-a-half times.
We are focusing like never before on delivering brilliant services and providing our customers with a great experience. We are in the process of transforming our business in order to achieve this. To help us succeed, we need a range of new skills and capabilities and will be recruiting for these in the coming months. We are on the lookout for talented people across our entire region who are interested in helping us to become the best water and waste-water company in the UK.
Closing Date: The closing date for applications is 23/01/2018.