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- Tasks: Join our finance team to develop accounting processes for water and heat businesses.
- Company: ESP Water is rapidly growing, with exciting new segments launching soon.
- 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 utilities with meaningful impact.
- Qualifications: Qualified ACA/ACCA accountant with 2-3 years PQE experience required.
- Other info: Opportunity for personal growth and to create processes from scratch.
The predicted salary is between 36000 - 60000 £ per year.
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.
Financial & Commercial Accountant employer: ESP Utilities Group Ltd
Contact Detail:
ESP Utilities Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial & Commercial Accountant
✨Tip Number 1
Familiarise yourself with the water and heat utility sectors. Understanding the specific challenges and regulations in these industries will help you stand out during discussions and interviews.
✨Tip Number 2
Brush up on your technical skills, especially in Excel and financial accounting software. Being able to demonstrate your proficiency in these areas can give you an edge over other candidates.
✨Tip Number 3
Prepare to discuss your experience with revenue and cost recognition processes. Be ready to share examples of how you've successfully managed similar tasks in previous roles.
✨Tip Number 4
Showcase your problem-solving abilities by thinking of innovative ways to improve accounting processes. Highlighting your initiative in creating workflows or reporting systems can impress the hiring team.
We think you need these skills to ace Financial & Commercial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an ACA/ACCA accountant and emphasises your 2-3 years of PQE experience. Include specific examples of your technical skills, particularly in IT, Excel, and financial accounting.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your experience aligns with the responsibilities outlined, such as revenue recognition and P&L analysis, and mention your ability to create processes from scratch.
Showcase Relevant Experience: If you have experience in the water or heat utilities sector, make sure to highlight this in your application. Even if it's not essential, demonstrating familiarity with consumer billing can set you apart from other candidates.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a financial role.
How to prepare for a job interview at ESP Utilities Group Ltd
✨Understand the Role and Responsibilities
Make sure you thoroughly understand the key responsibilities of the Financial & Commercial Accountant role. Familiarise yourself with revenue and cost recognition processes, P&L analysis, and financial reporting requirements specific to the water and heat sectors.
✨Showcase Your Technical Skills
As a qualified ACA/ACCA accountant, be prepared to discuss your technical skills in IT, Excel, and financial accounting. Bring examples of how you've used these skills in previous roles, especially in relation to utilities or consumer billing if applicable.
✨Demonstrate Problem-Solving Abilities
This role requires a self-starter who can create processes and workflows from scratch. Be ready to share specific examples of challenges you've faced in past positions and how you successfully resolved them, highlighting your initiative and creativity.
✨Prepare for Communication Scenarios
Since the role involves interacting at all 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 in the past.
