What is the purpose of the role?
You will be primarily responsible for the development of a first class financial / regulatory accounting and external reporting service in line with strategic business objectives and changes to the financial and regulatory reporting frameworks. You will drive our best-in-class external reporting agenda and ensure our publications apply the relevant financial and regulatory reporting guidance and meet our customer and other stakeholder needs. You will assist in production of timely and accurate interim and annual financial statements and regulatory accounts (including being a key liaison for our external auditors), along with relevant supporting papers for the Audit Committee and Board.
What makes this role unique?
As the UK's largest Water and Wastewater company, we provide the essential service at the heart of daily life, health and enjoyment to 15 million customers across London, the Thames Valley and surrounding area. This is a demanding but extremely varied opportunity in a large organisation, that will give you the opportunity to make a real impact on the way we operate as a business and putting you in regular contact with some of our most senior stakeholders. You will drive both our external financial reporting and the relationship between Finance and the wider business. In addition to your core role, you will join your friendly external financial reporting colleagues on site visits to Waste and Water treatment works, have access to a range of training courses and enjoy team social events. You will be a highly valued and pivotal team member as we increase our focus on best-in-class external reporting.
What will this role involve?
Developing best practice processes and procedures around our external reporting, in both a statutory and regulatory environment.
Review and implementation of new accounting pronouncements and other corporate reporting developments affecting Thames Water.
Assisting with the preparation of annual and interim financial statements and regulatory accounts, and annual report for companies throughout the Group.
Being a key contact for the audit team at year-end, half-year and other times during the year.
Providing ad hoc technical accounting advice to other areas of finance.
Day-to-day management of subsidiary companies and preparation of the statutory accounts.
Ensuring the highest levels of data integrity are upheld, Group accounting policies and consistently applied and adherence to deadlines is maintained.
What are we looking for?
To effectively perform this role it is essential that the successful candidate is a qualified chartered accountant (ACA, ACCA or equivalent). The ideal candidate will have a strong technical background with experience of external financial reporting under IFRS including quoted PLC reporting. In addition, strong communication and relationship management skills will be essential, as maintaining and building robust relationships with a variety of key stakeholders is vital within this position. Additionally, you will have strong experience of working in a team towards a common objective within tight deadlines. Experience of using company IT systems including SAP and HFM would be desirable.
Thames Water information and salary details
This role is based at our head office in Reading, with a salary of up to £50,000, depending on skills and experience. Plus a range of benefits including an excellent contributory pension scheme, competitive holiday leave, life assurance, season ticket loans and paid volunteering days.
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.
Thames Water is an equal opportunity, Disability Confident, and Stonewall diversity champion employer.
Closing Date: The closing date for applications is 23/08/2018.