Group Financial Accountant
Group Financial Accountant

Group Financial Accountant

Full-Time 62000 - 68000 £ / year (est.) Home office (partial)
idibu

At a Glance

  • Tasks: Lead financial reporting and management for a major trading entity in a dynamic environment.
  • Company: Join a diverse and inclusive team at Thames Water, a leading FTSE 100 company.
  • Benefits: Enjoy a competitive salary, generous leave, and a range of health and wellbeing perks.
  • Why this job: Make a real impact on financial reporting while developing your career in a supportive setting.
  • Qualifications: Must be a qualified chartered accountant with strong IFRS reporting experience.
  • Other info: Hybrid working model with excellent opportunities for professional growth.

The predicted salary is between 62000 - 68000 £ per year.

We’re seeking an experienced Group Financial Accountant to play a pivotal role in delivering high‑quality internal and external financial reporting across the group. You’ll take ownership of the day‑to‑day financial management of our main trading entity, Thames Water Utilities Limited (TWUL), alongside other group companies, leading the production of timely, accurate annual financial statements. Acting as the key point of contact for our external auditors, you’ll provide clear, insightful papers to support the Audit Committee and Board. You’ll also be at the forefront of providing expert IFRS technical accounting guidance, helping shape robust, consistent financial reporting across the business.

What you will be doing as Group Financial Accountant:

  • Preparation of annual consolidated financial statements for the main trading entity (TWUL) parent to a FTSE 100 standard and for group entities.
  • Developing best‑practice processes and procedures around our external reporting in both a statutory and regulatory environment.
  • Review and implementation of new accounting pronouncements and other corporate reporting developments affecting Thames Water.
  • Producing key deliverables for submission to the Audit Committee and Board at various stages during the year.
  • Producing accounting papers documenting key management judgements, including leases and financial instrument standards.
  • Being a key contact for the external audit team at year‑end, half‑year and other times during the year.
  • Providing ad‑hoc technical accounting advice to other areas of finance and the wider business and assisting on delivering the annual finance training.

Location: Hybrid, Reading

Hours: 36 a week

What you should bring to the role:

To effectively perform this role it is essential that the successful candidate is a qualified chartered accountant (ACA, ACCA or equivalent). The ideal candidate will have a strong technical background with experience of external financial reporting under IFRS including preparation of consolidated accounts. Additionally, strong communication and relationship management skills will be essential, as maintaining and building robust relationships with a variety of key stakeholders is vital within this position. Experience of working in a team towards a common objective within tight deadlines is also required. Experience of using company IT systems including SAP and HFM would be desirable.

What’s in it for you?

Competitive salary of £62,000 – £68,000 per annum, depending on experience. Annual Leave – 26 days holiday per year, increasing to 30 with length of service (plus bank holidays). Access to a range of benefits to support health, wellbeing and finances, including annual health MOTs, physiotherapy, counselling, Cycle to Work schemes, shopping vouchers and life assurance. Generous Pension Scheme through AON. Performance‑related pay plan directly linked to company performance measures and targets.

We’re committed to being a great, diverse and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats or anything else, just let us know.

Group Financial Accountant employer: idibu

Thames Water is an exceptional employer, offering a dynamic work environment in Reading that fosters professional growth and development. With a competitive salary, generous annual leave, and a comprehensive benefits package, employees are supported in their health and wellbeing while contributing to high-quality financial reporting for a leading FTSE 100 company. The inclusive culture encourages collaboration and innovation, making it an ideal place for talented individuals to thrive.
idibu

Contact Detail:

idibu Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Financial Accountant

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work at Thames Water or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on IFRS standards and recent accounting developments. We want you to shine when discussing your technical expertise, so practice explaining complex concepts in simple terms.

✨Tip Number 3

Showcase your relationship management skills! During interviews, share examples of how you've built strong relationships with stakeholders or managed external audits. This will highlight your fit for the role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Thames Water.

We think you need these skills to ace Group Financial Accountant

Qualified Chartered Accountant (ACA, ACCA or equivalent)
IFRS Financial Reporting
Preparation of Consolidated Accounts
External Financial Reporting
Technical Accounting Guidance
Communication Skills
Relationship Management
Team Collaboration
Time Management
SAP
HFM
Audit Coordination
Statutory and Regulatory Reporting
Process Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Group Financial Accountant role. Highlight your experience with IFRS and external financial reporting, as well as any relevant qualifications. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the job description and show us your passion for financial reporting.

Showcase Your Communication Skills: Since strong communication is key in this role, make sure to demonstrate your ability to convey complex information clearly. Whether it's in your CV or cover letter, let us see how you can build relationships and engage with stakeholders.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get all the latest updates directly from us!

How to prepare for a job interview at idibu

✨Know Your Numbers

As a Group Financial Accountant, you’ll need to demonstrate your expertise in financial reporting. Brush up on IFRS standards and be ready to discuss how you've applied them in previous roles. Prepare examples of your experience with consolidated accounts and any challenges you've faced.

✨Showcase Your Communication Skills

Strong communication is key in this role, especially when liaising with external auditors and stakeholders. Practice explaining complex financial concepts in simple terms. Think about times when you’ve successfully communicated financial information to non-financial colleagues.

✨Prepare for Technical Questions

Expect questions that test your technical knowledge and judgement in accounting. Review recent accounting pronouncements and be prepared to discuss their implications. Consider how you would approach producing accounting papers and the rationale behind key management judgements.

✨Demonstrate Team Spirit

This role requires collaboration within tight deadlines. Be ready to share examples of how you’ve worked effectively in a team setting. Highlight your ability to contribute to a common objective and how you handle pressure while maintaining quality in your work.

Group Financial Accountant
idibu

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>