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- Tasks: Join our Finance Team to analyse data and support strategic decisions.
- Company: Northumbrian Water Group, committed to diversity and community service.
- Benefits: Generous holidays, pension scheme, wellbeing support, and professional development opportunities.
- Why this job: Make a real impact in financial decision-making while working in a supportive environment.
- Qualifications: Qualified Accountant or relevant experience with strong analytical skills.
- Other info: Embrace diversity and enjoy a dynamic workplace with growth potential.
The predicted salary is between 37360 - 46700 £ per year.
About the role
Management Cost Accountant | Full Time | 23 Month Fixed Term Contract | Salary – From £37,360 to £46,700
Location – Durham/Homeworking
This role is known internally as Assistant Finance Business Partner.
We have a fantastic opportunity to join our Finance Business Partnering Team. You will work closely with specific business areas to create a real and active partnership between operations and management, through the provision of month end accounts, reporting, and insightful analysis. This includes annual budgeting, reflecting strategic plans and monthly forecasting.
This role will see you build trusted relationships with our business leaders, partnering with them to manage the day-to-day financial decisions through ongoing support. This includes analysing financial data to provide information to enable effective decision making.
In addition, you will lead month-end accounting processes, undertaking financial performing reviews. This includes providing variance analysis and making recommendations for improvement.
You will provide financial planning and scenario analysis to support strategic decision making. In addition, you will support the business in preparation of business cases, assessing the financial feasibility, monitor and report performance of the change including undertaking post implementation reviews.
As part of this role you will evaluate financial risks which includes developing strategies to mitigate issues. This also includes financial analysis and modelling.
Innovation is at the heart of everything we do as a business which means you will identify improvements and cost saving opportunities. This includes making improvements to maintain our regular financial reporting and dashboards which monitors business performance.
About you
We\\\’re looking for you to have proven experience of working in a fast paced, complex financial organisation delivering on time accurate results and analysis, along with proven experience in the preparation of business cases and management accounts.
We\\\’re looking for you to be a qualified Accountant (ACCA/CIMA/ACA) or nearly qualified / qualified by relevant experience.
You\\\’ll have proven experience of achieving deadlines by working in partnership with others, so experience of senior stakeholder engagement and change management is a must.
We\\\’re looking for you to have proven skills to operate confidently in a financial environment, analysing and interpreting financial information to resolve problems, deliver outputs and communicate information for decision-making. You\\\’ll also be able to provide effective, accurate information to enable decision making and risk assessments.
You\\\’ll be able to provide insightful customer focused reporting through using finance and non-finance information, along with proven experience in presenting and translating finance data to non-financial managers. Excellent communication, data interpretation and engagement skills are required.
Here at Northumbrian Water/Essex & Suffolk Water, we embrace and value Diversity, Inclusion and Equity, and encourage all colleagues to bring their most authentic self to work.
Our colleague network groups include our Rainbow Support Network (LGBTQIA+), REACH (Race, Ethnicity, and Cultural Heritage), WiSTEM (Women in STEM) and Thisability (disability and neurodiversity) networks. They provide a safe space for colleagues from diverse backgrounds, welcoming all colleagues regardless of their personal characteristics to participate in valuable conversation that improves our organisational awareness, understanding and inclusivity.
We encourage and welcome all applications, as we strive to be an equal opportunity employer, committed to having diverse communities represented within all our teams, structures, and organisation.
Please note this role will require a DBS to be completed prior to employment.
NWG are an inclusive employer who support the rehabilitation of offenders, we will not, however consider candidates who have certain unspent convictions to ensure our commitment to fostering a safe and secure working environment for all OR colleagues, suppliers, customers and third parties.
About us
Here are NWG we strive to make Northumbrian Water Group (NWG) a Great Place to Work, for all. We embrace and value Diversity, Inclusion and Equity and encourage you to bring your full self to work. As an equal opportunity employer we\\\’re committed to having a diverse community represented across our business.
We\\\’re aware that not everyone will have every skill listed in the job description, however if you have some of the skills listed, we\\\’d encourage you to apply.
NWG at a glance:
Our purpose at NWG is caring for the essential needs of our communities and environment, now and for generations to come.
We do this by providing reliable and affordable water and wastewater services for our customers.
We make a positive difference by operating efficiently and investing prudently, to maintain a sustainable and resilient business.
Our vision is to be the national leader in the provision of sustainable water and wastewater services. To support us in achieving our vision, we have five core values which are the guiding principles, defining who we are, what we do and how we do it.
Our benefits
We\\\’re a Great Place to Work because of the amazing people who work for us, and to say thank you we offer a range of benefits to colleagues. Our \\\’Tap Into\\\’ benefits include:
- Generous holiday entitlement starting at 26 days, plus bank holidays and additional time off on Christmas Eve and New Year\\\’s Eve. There\\\’s also the option to buy or sell holidays.
- Company pension scheme, where we\\\’ll double match your contributions up to an employer contribution of 11%.
- Free access to local attractions.
- A fantastic discount scheme, with savings on days out, shopping, travel and more.
- Award winning \\\’Living Well\\\’ wellbeing support, including access to a digital GP service for you and your family members.
- Support with sustainable travel – through salary sacrifice cars and a cycle to work scheme.
- Financial wellbeing support – access our community savings scheme, financial education and low cost loans through Salary Finance. We also provide 4 x Life Assurance and an Income Protection Scheme
- Support with your development – we offer a range of development opportunities, can support you through an interest free qualification loan and we\\\’ll even pay for any relevant professional body subscription.
About us
NWG (Northumbrian Water Group) provides water and sewerage services to 2.7 million people in the North East of England as Northumbrian Water, and water services to 1.5 million people in the South East of England as Essex & Suffolk Water.
We are proud to serve our customers and we\\\’re committed to delivering great service, putting our customers at the heart of everything we do.
Our values
Our values describe our main principles, qualities and attributes. They are the guiding principles which define who we are, what we do and how we do it. They make us different from our competitors and guide our decisions and actions to drive us towards our vision.
Our values are:
Results Driven
We take responsibility for achieving excellent business results.
Ethical
We are open and honest and meet our commitments with a responsible approach to the environment and our communities.
Customer Focused
We aim to exceed the expectations of our internal and external customers.
Innovative
We continuously strive for innovative and better ways to deliver our business.
One Team
We work together consistently, promoting co-operation, to achieve our corporate objectives.
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Colleague benefits
We\\\’re the great company we are because of you – our people. As our way of saying thanks, we offer you a wide range of benefits and discounts to take advantage of. To find out more about our benefits, see our benefits booklet attached to this advert.
Eyecare
Discounted Medicals
Employee Assistance Programme
Cycle2work
Buying & selling annual leave
Long service awards
Salary sacrifice car scheme
Computer
Loans
Award winning wellbeing site
NWG savings scheme
Company pension scheme
Pre-retirement workshops
Life assurance
Christmas savings club
Discounts & cashback offers
Qualification loan
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Management Cost Accountant / Assistant Finance Business Partner employer: Northumbrian Water
Contact Detail:
Northumbrian Water Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Cost Accountant / Assistant Finance Business Partner
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Management Cost Accountant role. 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 the company and its values. Understand their approach to finance and how they partner with operations. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your financial analysis skills! Be ready to discuss how you've used data to drive decision-making in past roles. Bring examples of your variance analysis and business case preparations to the table during interviews.
✨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 serious about joining our team at NWG!
We think you need these skills to ace Management Cost Accountant / Assistant Finance Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Management Cost Accountant. Highlight your experience in financial analysis, budgeting, and stakeholder engagement. We want to see how your skills align with 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 our Finance Business Partnering Team. Share specific examples of how you've successfully managed financial decisions and built relationships in previous roles.
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. We love candidates who can interpret financial data and provide insightful recommendations. Give us examples of how you've done this in the past!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Northumbrian Water
✨Know Your Numbers
As a Management Cost Accountant, it's crucial to be well-versed in financial data. Brush up on key metrics and reports relevant to the role, such as month-end accounts and variance analysis. Be prepared to discuss how you've used these in past roles to support decision-making.
✨Build Relationships
This role involves partnering with business leaders, so demonstrate your ability to build trusted relationships. Share examples of how you've engaged with senior stakeholders in previous positions, focusing on collaboration and effective communication.
✨Showcase Your Analytical Skills
Highlight your experience in financial analysis and modelling. Prepare to discuss specific scenarios where your insights led to cost-saving opportunities or improved financial performance. Use concrete examples to illustrate your problem-solving abilities.
✨Embrace Innovation
Since innovation is key for this role, come ready with ideas on how you can improve financial reporting and dashboards. Discuss any past experiences where you've implemented new processes or tools that enhanced efficiency or accuracy in financial reporting.
