At a Glance
- Tasks: Lead a team to manage revenue forecasting and reporting for a major utility provider.
- Company: Thames Water, the UK's largest water and wastewater company.
- Benefits: Competitive salary, 26 days holiday, private medical care, and performance bonuses.
- Why this job: Make a real impact on financial success while supporting millions of customers.
- Qualifications: Experience in revenue forecasting and strong leadership skills required.
- Other info: Hybrid working environment with opportunities for career growth and development.
The predicted salary is between 60000 - 84000 £ per year.
Thames Water is looking for a dynamic Revenue and Settlement Manager to lead a high-performing team at the heart of our commercial operations. In this pivotal role, you'll oversee the accurate forecasting, reporting and assurance of our Non-Household (NHH) revenues and cash flows — worth up to £0.7bn annually, and the billing, collection and credit management of our Retail customers.
What you'll be doing as our Revenue and Settlement Manager:
- Establish accurate forecasting and reporting methodologies.
- Identify and manage revenue risks and opportunities.
- Drive the delivery of billing and other revenue-focused operational services to our B2B customers.
This is a unique opportunity to make a real commercial impact and shape the financial success of the UK's largest water and wastewater service provider.
Key accountabilities:
- Lead and manage the delivery of NHH wholesale revenue and cash budgets and reforecasts.
- Ensure resources and tools are in place to deliver to the budget timetable.
- Lead and manage the monthly reporting of our NHH revenue and cash positions.
- Improve the accuracy of revenue and cash forecasts.
- Manage and improve revenue operations, including billing, cash posting, collateral and late payment.
- Support and develop the team to deliver on its goals.
What you should bring to the role:
- Experience of generating multi driver, multi million annual revenue, billing and cash forecasts ideally in a utility/metered commodity environment.
- The ability to develop tools and capabilities to improve consumption and revenue forecast methodology.
- A proven track record of robust financial reporting, assurance/audit of reported numbers and implementing financial controls.
- Excellent communication skills, comfortable explaining complex issues and forecast variances concisely to senior business leads.
- Strong leadership capability with the ability to develop your team and establish effective working relationships with finance and business colleagues.
- Ideally have a financial or business qualification and experience of commercial and financial management gained in complex commercial market environment.
Base Location: Hybrid - Clearwater Court - RG1 8DB
Hours: 36 hours per week
What's in it for you?
- A Competitive starting salary of £72,000 and up to £90,000 per annum depending on skills and experience.
- 26 days holiday per year, increasing to 30 with the length of service (plus bank holidays).
- Car Allowance.
- Annual Bonus.
- Private Medical Health Care.
- Performance-related pay plan directly linked to company performance measures and targets.
- Access to lots of benefits to help you take care of you and your family's health and wellbeing, and your finances.
Who are we?
We're the UK's largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people, and the planet to thrive.
Working at Thames Water:
Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference. As part of our family, you'll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits.
If you're looking for a sustainable and successful career where you can make a daily difference to millions of people's lives while helping to protect the world of water for future generations, we'll be here to support you every step of the way.
Why choose us?
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.
When a crisis happens, we all rally around to support our customers. As part of Team Thames, you'll have the opportunity to sign up to support our customers on the frontline as an ambassador.
Revenue & Settlement Manager in London employer: idibu
Contact Detail:
idibu Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue & Settlement Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Thames Water and understanding their values. Tailor your answers to show how your experience aligns with their mission and the role of Revenue & Settlement Manager.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. Focus on articulating your achievements in revenue management and team leadership.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Thames Water family.
We think you need these skills to ace Revenue & Settlement Manager in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in revenue management and financial reporting. We want to see how your skills align with the role of Revenue & Settlement Manager, so don’t hold back!
Showcase Your Leadership Skills: Since this role involves team leadership, share examples of how you've successfully managed teams in the past. We love to see candidates who can inspire and develop others, so let us know how you’ve done that!
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language to explain your achievements and experiences. We appreciate candidates who can communicate complex ideas simply, especially when it comes to financial matters.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at idibu
✨Know Your Numbers
As a Revenue and Settlement Manager, you'll be dealing with significant financial figures. Brush up on your understanding of revenue forecasting, billing processes, and cash flow management. Be ready to discuss specific examples from your past experience where you successfully managed these aspects.
✨Showcase Your Leadership Skills
This role requires strong team leadership. Prepare to share instances where you've developed your team or improved team performance. Think about how you can demonstrate your ability to foster effective working relationships with colleagues and stakeholders.
✨Understand the Business Context
Familiarise yourself with Thames Water's operations and the utility sector. Being able to articulate how your skills align with their goals will show that you're not just looking for any job, but that you're genuinely interested in contributing to their mission.
✨Prepare for Complex Questions
Expect to face questions about financial reporting and risk management. Practice explaining complex issues clearly and concisely, as this is crucial for communicating with senior business leads. Use the STAR method (Situation, Task, Action, Result) to structure your responses.