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- Tasks: Join our Finance team to handle treasury operations, compliance reporting, and financial analysis.
- Company: Thames Water is the UK's largest water and wastewater company, serving over 16 million customers.
- Benefits: Enjoy a competitive salary, 26 days holiday, generous pension scheme, and health benefits.
- Why this job: Gain hands-on experience in finance while making a real difference for communities and the planet.
- Qualifications: Ideal for recent graduates with a numerate background, strong attention to detail, and good Excel skills.
- Other info: Flexible working arrangements and fast-tracked career opportunities await you at Thames Water.
The predicted salary is between 30000 - 40000 £ per year.
Join a dynamic and supportive specialist Finance teamwith debt obligations of over £16bn, annual group interest costs of c.£500m and a derivatives portfolio with a notional value of over £10bn as a Finance Trainee and gain hands-on experience and professional qualifications. This role is perfect for recent graduates or similarly qualified career starters with a keen interest in finance and a desire to develop their finance career in a fast-paced, professional environment.
What you’ll be doing as a Finance Trainee
Treasury activities
- Daily treasury cash operations. (including support for holiday cover)
- Weekly bank transaction clearing on SAP to support bank reconciliations.
- Development of reports within the Treasury Management System.
- Assist in compliance reporting.
- Assist in audit point actions, including procedures manuals, and the organisation of Treasury data.
- Assist in half-year and year-end financial and regulatory reporting, including interaction with the wider Finance team.
- Assist in the preparation of data for investor or shareholder presentations.
- Monitor departmental invoices and gain payment approvals.
- Monitor debt trading levels and produce analysis and reports.
Tax activities –
- Support the Indirect Tax Manager in preparing and submitting group-wide VAT returns to HMRC.
- Support the Direct Tax Manager in ensuring compliance with tax requirements for contract workers under IR35.
- Provide support as required for the activities of other members of the tax team.
Finance activities –
- Preparation of year-end and half-year accounts.
- Preparing balance sheet reconciliations and journals.
- Financial controls monitoring / reviews.
- Supporting the payment of amounts to our suppliers.
- Supporting our regulatory reporting and audit processes.
- Producing research into technical accounting topics.
- Supporting the running of our financial systems & fixed asset processes.
- On an ad hoc basis, provide support to the Corporate Finance team.
Base location: Reading – Hybrid
Working pattern: 36 Hours
What you should bring to the role
- An analytically minded professional with academic training in a numerate subject.
- Strong attention to detail.
- Good at building relationships, a team player and an effective communicator.
- Good MS Excel skills.
- Willing to learn.
- Enthusiasm in pursuing your career in finance.
What’s in it for you?
- Competitive salary of £35,480 per annum
- Annual Leave- 26 days holiday per year, increasing to 30 with the length of service (plus bank holidays)
- Generous Pension Scheme through AON
- Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance.
Find out more about our benefits and perks
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. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.
Learn more about our purpose and values
Working at Thames Water
Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy fast-tracked career opportunities, flexible working arrangements and excellent benefits.
Whether you’re interested in a role in one of our call centres or science labs, we’re looking for people like you with real passion and a burning desire to make things better.
So, 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\’s water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region and our planet.
Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.
Our overarching aim is to ensure that Thames Water is a great, diverse, and inclusive place to work. We welcome applications from everyone and offer extra support for those who need it throughout the recruitment process. Our aim is to remove any real or perceived barriers to success, so if you need assistance, we’re here to help and support.
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. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.
Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment. #J-18808-Ljbffr
Finance Trainee employer: Jersey Electricity plc
Contact Detail:
Jersey Electricity plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Trainee
✨Tip Number 1
Familiarise yourself with the key financial concepts and tools mentioned in the job description, such as treasury operations and VAT returns. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with current or former employees of Thames Water on platforms like LinkedIn. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when applying for the Finance Trainee position.
✨Tip Number 3
Demonstrate your analytical skills by preparing a short analysis or report on a relevant financial topic. Bring this along to your interview to showcase your initiative and ability to apply your academic knowledge in a practical setting.
✨Tip Number 4
Show enthusiasm for the role and the company’s mission during your interactions. Research Thames Water's initiatives and values, and be ready to discuss how your personal goals align with their commitment to sustainability and community support.
We think you need these skills to ace Finance Trainee
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the Finance Trainee role. Emphasise your analytical abilities, attention to detail, and any experience with financial systems or reporting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for finance and your desire to grow within the industry. Mention specific aspects of the job description that excite you and how your background makes you a great fit.
Highlight Relevant Coursework: If you're a recent graduate, include any relevant coursework or projects that demonstrate your understanding of finance principles, treasury activities, or tax compliance. This can help set you apart from other candidates.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in finance roles.
How to prepare for a job interview at Jersey Electricity plc
✨Show Your Analytical Skills
As a Finance Trainee, you'll need to demonstrate your analytical mindset. Be prepared to discuss any relevant coursework or projects that showcase your ability to analyse data and solve problems. Use specific examples to illustrate your skills.
✨Highlight Attention to Detail
Attention to detail is crucial in finance roles. During the interview, mention instances where your meticulous nature helped you avoid mistakes or improve processes. This will show that you understand the importance of accuracy in financial reporting.
✨Demonstrate Teamwork and Communication
Since this role involves working closely with various teams, be ready to share experiences where you successfully collaborated with others. Highlight your communication skills and how they contributed to achieving team goals.
✨Express Your Enthusiasm for Finance
Your passion for finance should shine through during the interview. Discuss why you're excited about this career path and how you plan to grow within the field. Employers appreciate candidates who are genuinely interested in their work.