About the role:
This key focus of this role is to support company-wide reporting, budgeting and quarterly forecast process, including Balance Sheet and cashflow analysis.
Creating high quality reports, analysis and commentary on company performance to assist decision making
Understanding of consolidated Balance Sheet and cashflow performance and provide monthly cashflow forecasts to senior personnel for cash management
Supporting the FP&A manager on the annual budgeting and quarterly forecast cycles
Supporting the Financial Efficiency manager to drive structured governance, process drumbeat and reporting of cost-efficiency performance across the business
Owning month-end activities for centrally owned cost centres
Maintain a strong working relationship with finance functions across the company to support achievement of corporate targetsKey Accountabilities:
Month end activities (including cashflow forecast)
Undertake month end activities (manual journal posting, Balance Sheet reconciliation) for centrally owned cost centres
Gain a good understanding of consolidated Balance sheet and cashflow through reviews with business units on a monthly basis - highlight risks and opportunities
Produce companywide cashflow forecast on a monthly basis using inputs from the business and independent analysis (highlight risks and opportunities) - share insights with senior management to facilitate decisions around cash management
Support financial efficiency manager to track/ deliver targets for Support functions and produce consolidated views on efficiency at a companywide level Performance reporting
Produce regular and accurate financial analysis to enable successful financial decision making
Gain good understanding of performance through regular reviews with business units
Proactively highlight risks and opportunities identified through reviews to senior management
Develop excel based models to assist performance monitoring, including KPIs tracking
Assist with the co-ordination of monthly management and board reports, continually seeking improvement and automation Planning and forecasting
Assisting the FP&A Manager with budgeting and forecasting cycle process
Produce independent analysis of companywide financial information and provide accurate and timely financial recommendations for decision making purposes
Liaise with business unit finance teams and review and understand financial proposal, including costs drivers, KPIs and outcomes expected
Produce budget and forecast for centrally owned cost centres (P&L and Balance Sheet)
Support FP&A manager in the production of concise consolidated information pack for Board purposes
Investigate and apply best practice in business planning and forecasting
Undertake detailed financial investigation and analysis into key areas on an ad-hoc basis Stakeholder management
Regularly presenting key financial analysis to senior finance management
Maintain strong working relationship with finance teams across the business units including Corporate Finance, Treasury and Accounts Payable to ensure strong engagement on planning, forecasting and performance issues
Continuously seek opportunities to add value to the business as a finance functionTo be successful you will have the following skills and experience:
Experience in FP&A function
Strong analytical skills
Strong attention to detail whilst being able to see broader picture
Strong Excel and modelling experience
Highly motivated to achieve
Good communication skills
HFM experience preferableWhat's in it for you:
Our competitive salary package includes an excellent contributory pension, 26 days holiday per year increasing to 30 with length of service and a wider benefits scheme. This includes an annual pay review, season ticket loans, voucher scheme giving you money off in major retail outlets, loyalty awards for continuous service plus much more, including our referral scheme, where you can receive £750 for helping someone get a permanent position within the company.
We're also proud to be here for our local community, offering everyone two days paid volunteer leave a year, as well as proudly supporting a lot of local events and charities.
Thames Water is the UK's largest water and wastewater company. We make a daily difference to millions of customers by supplying 2.7 billion litres of world-class water to around 10 million homes.
As our world changes, the need to take care of our most precious resource is greater than ever, both locally and globally. That's why, at Thames Water, every one of our actions, big and small, matters every day. Water is essential to daily life, and that means our business is always open. We're passionate about providing world-class tap water, now and for the future.
We're also turning waste into power, self-generating 20% of the energy we use and, in turn, doing our bit for the planet. We're reducing plastic waste by celebrating our tap water and rolling out an ambitious water fountain project. We're using our voice to lobby for change and partnering with WaterAid to provide clean water to the world's poorest communities.
Together, we're building a better future for our customers, our region and our planet.
Thames Water is a unique, rewarding and diverse place to work. If you join our team, you'll enjoy fast-tracked career opportunities, flexible working arrangements and unparalleled benefits. We're also proud to be an equal opportunity employer, Stonewall Diversity Champion and Disability Confident Leader, welcoming individuals from all walks of life and leading the way with an award-winning mental health and wellbeing strategy