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- Tasks: Join our finance team to develop accounting processes for water and heat businesses.
- Company: ESP Water & Heat is rapidly growing, providing innovative solutions in the utilities sector.
- Benefits: Enjoy 26 days holiday, bonuses, private medical insurance, and exclusive discounts.
- Why this job: Be part of a dynamic team shaping the future of essential services with meaningful impact.
- Qualifications: Qualified ACA/ACCA accountant with 2-3 years PQE experience; strong IT and financial skills required.
- Other info: Opportunity to create processes from scratch and manage multiple projects in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Financial & Commercial Accountant – Water & Heat
This is a new role which will sit within the Groups established Finance team of 12. ESP Waters first customers came on supply in 2023 and due to rapid scaling up an accountant is needed to support the growth. ESP Heat is a newly launched segment, which expects to have the first customers on supply in 2026/7.
Role Purpose
To expand & develop the existing accounting processes and analysis for the water business, and later the new heat business. To provide meaningful MI within the business to support the ongoing development of the commercial proposition.
Key Responsibilities
- Ensure revenue & cost recognition within the water business is accurate.
- Set up and maintain robust reconciliation for water in/water out.
- Provide meaningful P&L analysis at a site level.
- Assist Pricing with review of cost assumptions.
- Ofwat financial reporting.
- Oversee third party white label billing provider, ensuring all reporting provided is accurate and reconciles.
- Ad hoc internal reporting.
- Assist in setting up Heat billing ahead of consumers going live, then all of the above for water again for heat as the business grows.
Key Skills
- Qualified ACA/ACCA accountant.
- At least 2/3 years PQE experience.
- Technically strong (IT, excel & financial accounting).
- Experience of water or heat utilities, or consumer billing ideal but not essential.
Person Specification
- Self-starter able to problem solve and apply initiative to create processes, workflows and reporting from scratch.
- Able to manage multiple work streams concurrently.
- Confident communicator, used to interacting at all levels within the business.
Benefits include:
- Holidays: 26 days, going up to 27 after 3 years and up to 28 after 5 years of employment. The company gives you the opportunity to buy/sell up to 3 days per year.
- Bonus.
- Enhanced Pension.
- Private Medical Insurance.
- Life insurance.
- Employee Rewards Portal: access to exclusive discounts and flexible benefits such as Cycle to Work and EV car Salary Sacrifice Scheme.
- Enhanced Family Friendly benefits: Enhanced maternity and paternity pay and paid time off when receiving fertility treatment.
- Volunteering day: one day a year fully paid.
Commercial Accountant / Analysis employer: ESP Utilities Group Ltd
Contact Detail:
ESP Utilities Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Accountant / Analysis
✨Tip Number 1
Familiarise yourself with the water and heat utilities sector. Understanding the specific challenges and regulations in this industry will help you stand out during discussions and interviews.
✨Tip Number 2
Brush up on your financial reporting skills, especially related to Ofwat regulations. Being able to demonstrate your knowledge in this area will show that you're ready to hit the ground running.
✨Tip Number 3
Network with professionals in the finance and utilities sectors. Attend relevant events or join online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 4
Prepare to discuss your experience with process creation and problem-solving. Highlight specific examples where you've successfully implemented new workflows or reporting systems, as this aligns perfectly with the role's requirements.
We think you need these skills to ace Commercial Accountant / Analysis
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial accounting and analysis, particularly any work related to utilities or consumer billing. Use keywords from the job description to demonstrate your fit for the role.
Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the Commercial Accountant position specifically at this company. Mention your qualifications (ACA/ACCA) and how your previous experience aligns with the responsibilities outlined in the job description.
Showcase Technical Skills: Emphasise your technical skills, especially in IT and Excel, as these are crucial for the role. Provide examples of how you've used these skills in past positions to solve problems or improve processes.
Highlight Communication Abilities: Since the role requires confident communication across all levels, include examples in your application that demonstrate your ability to interact effectively with different stakeholders. This could be through team projects or presentations you've led.
How to prepare for a job interview at ESP Utilities Group Ltd
✨Know Your Numbers
As a Commercial Accountant, you'll be dealing with financial data daily. Brush up on your knowledge of revenue recognition, P&L analysis, and reconciliation processes. Be prepared to discuss how you've handled similar tasks in the past.
✨Showcase Your Problem-Solving Skills
This role requires a self-starter who can create processes from scratch. Think of examples where you've identified issues and implemented solutions. Highlight your initiative and ability to manage multiple work streams.
✨Communicate Confidently
You'll need to interact with various levels within the business. Practice articulating your thoughts clearly and confidently. Prepare to discuss how you’ve effectively communicated complex financial information to non-financial stakeholders.
✨Familiarise Yourself with the Industry
While experience in water or heat utilities is ideal, it's not essential. Research the industry trends and challenges. Showing that you understand the market will demonstrate your commitment and interest in the role.
