About the role:
This is a 10-12 month FTC Contract.
This is a key role supporting the Financial Controller function for Operations and will provide an important link for Financial Reporting and control within the FC team in addition to supporting the Group Finance function.
Responsible for maintaining the Operations monthly financial reporting tool for key deadlines, including the coordination and review of inputs.
Development of the monthly financial reporting tool for forecasting.
Assisting the Finance Manager in planning for and co-ordinating forecasts and budgeting.
Liaising with Group Reporting to ensure corporate reporting requirements are understood and met.
Developing and maintaining relationships with key stakeholders across Ops Finance and Group Finance.
Other Adhoc reporting requirements.Management Accounting
Maintaining the management accounts for centrally held costs within Operations, including budgeting and forecasting requirements.Financial Control
Responsibility for balance sheet reconciliation compliance reviews on a monthly and quarterly basis.
Balance sheet audits in preparation for year-end.
Oversee the development and management of balance sheet controls, working closely with Group Financial Reporting.
Development & completion of the Operations Finance BS glossary.
Development & completion of P&L GL glossary.
Development & compilation of Operations Finance process notes & controlsTraining & Development
Provision of periodic training for periodic policy & compliance to the Operations Finance Team as and when required.Finance Change
Coordinate the analysis and review of all key accounting processes within Ops Finance with the aim of improving efficiency, sharing best practice and standardising processes. Key areas will include:-
Balance sheet reconciliations and usage with particular attention paid to provisions, accruals and stock.
Management of accounting practice
Cashflow & working capital managementTo be successful you will have the following skills and experience:
This role requires you to apply your skills in accounting and process improvement to the Operations Finance team.
This is a unique opportunity involving the development of relationships with the various operational business units and Group Finance, engaging with the business to add value whilst developing the role and enhancing your skills.
This role requires a flexible mindset and good communication skills as you will be required to engage with colleagues throughout the business on a wide range of topics. In addition, you should be a qualified accountant (ACCA / ACA or equivalent) with strong analytical skills and good understanding of process improvement.
You will also have experience of Hyperion Financial Management and SAP, with experience in Power BI being an advantage.
What's in it for you:
Our competitive salary package includes an excellent contributory pension, 26 days holiday per year increasing to 30 with the 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 award-winning mental health and well-being strategy