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For Companies At a Glance
- 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.
Locations
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. This role requires a self-starter, so demonstrating initiative will be key in your conversations with us.
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 an accountant.
How to prepare for a job interview at ESP Utilities Group Ltd
✨Showcase Your Technical Skills
As a Financial & Commercial Accountant, you'll need to demonstrate your technical prowess. Be prepared to discuss your experience with financial accounting, IT systems, and Excel. Bring examples of how you've used these skills in previous roles to solve problems or improve processes.
✨Understand the Industry
Familiarise yourself with the water and heat utilities sector. Even if you don't have direct experience, showing that you've researched the industry and understand its challenges will impress the interviewers. Discuss any relevant trends or regulations that could impact the business.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and initiative. Prepare scenarios where you've had to create processes or workflows from scratch. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.
✨Communicate Confidently
As a confident communicator, you'll need to interact with various levels within the business. Practice articulating your thoughts clearly and concisely. Be ready to explain complex financial concepts in simple terms, as this will demonstrate your ability to convey information effectively.
