Group Financial Accountant
Group Financial Accountant

Group Financial Accountant

Coventry Full-Time 28800 - 48000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Finance team as a Group Financial Accountant, handling diverse financial reporting tasks.
  • Company: Severn Trent is a top UK utility company, known for employee engagement and community impact.
  • Benefits: Enjoy 28 days holiday, annual bonuses, a leading pension scheme, and flexible working options.
  • Why this job: Make a positive environmental impact while growing in a supportive and inclusive workplace culture.
  • Qualifications: Financial qualification (ACCA, ACA, or CIMA) and experience with group consolidation processes required.
  • Other info: We celebrate diversity and offer dedicated training to help you reach your potential.

The predicted salary is between 28800 - 48000 ÂŁ per year.

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Join to apply for the Group Financial Accountant role at Severn Trent

At Severn Trent, our people are at the heart of everything we do. We’re in the top 5% of utility companies worldwide when it comes to employee engagement and ranked as a Top 50 UK Employer on Glassdoor.

Join us in making a positive impact on the environment and our communities, while being valued and supported in a truly inclusive workplace.

If you want to do more, because you care, we want you on our team.

EVERYTHING YOU NEED TO KNOW

We have an opportunity for you to join our Finance team as a Group Financial Accountant. In this exciting role, each day will be different as you’ll work closely with other specialist teams within the Finance Department including Tax, Group Treasury, FP&A and Investor Relations.

Your day-to-day tasks will involve delivery of a group financial reporting and accounting service ensuring compliance with group accounting policies and relevant Accounting Standards. Consolidation of the financial information for all entities in the Severn Trent group, including management and statutory accounts, budgets, plans and forecasts.

This is a great opportunity for someone looking to make their first step into Industry from practice and build a career in Finance, or alternatively someone with Industry experience looking for a new challenge

Some Of Your Other Key Accountabilities Will Include

  • Delivering the year-end financial accounting process and liaising with external auditors.
  • Accounting for complex areas especially in relation to financial instruments, pensions and share based payments.
  • Drafting and maintaining documentation to support accounting for complex areas.
  • Maintaining regular communication with subsidiary finance teams to understand business developments and leading them through the related financial reporting implications.
  • Monitoring compliance with group accounting policies and providing guidance on complex or subjective matters.
  • Reviewing and challenging the consolidated information for unusual or unexpected balances appearing on consolidation, and working with subsidiary finance teams to resolve issues identified.

How We Work

You\’ll join a caring culture that collaborates to achieve, grow, and develop. Our employee engagement scores are among the highest globally in energy and utilities. That’s why, we value in-person moments to keep our culture alive but also understand the flexibility working from home can bring. So, you\’ll usually find us in the office, but working from home is supported, when you need it.

What Were Looking For

To be considered for this role, you’ll need:

  • Financial qualification in ACCA, ACA or CIMA
  • Ability to handle complex technical financial reporting/accounting issues.
  • Experience of a group consolidation process either as auditor or within a finance team.

In addition, you should have the ability to work as part of a team and adhere to challenging deadlines. Having the ability to build strong and credible working relationships across the organisation is a must

We welcome people from all walks of life and celebrate individuality as we know diverse minds, experiences and backgrounds help us to learn and better serve our communities

How We’ll Reward You And Care For You

It\’s not just a job; it\’s a career. We offer benefits that reward great work and award-winning training to help you reach your potential. Plus, you\’ll contribute to the environment and community too.

Here Are Some Of Our Favourites

  • 28 days holiday + bank holidays (and the ability to buy/ sell up to 5 days per year)
  • Annual bonus scheme (of up to ÂŁ2,250 per annum based on company performance)
  • Leading pension scheme – we will double your contribution (up to 15% when you contribute 7.5%)
  • Sharesave – the chance to buy Severn Trent Plc shares at a discounted rate
  • Dedicated training and development with our Academy
  • Electric vehicle scheme and retail offers
  • Family friendly policies
  • Two paid volunteering days per year

LET’S GO

We can’t wait to hear from you!

Have an updated CV ready and spare five minutes to apply. We\’ll let you know the outcome after the closing date, so keep an eye on your phone and emails.

Please note, we may close this advert early if we receive a high volume of applications—so we encourage you to apply as soon as possible

Seniority level

  • Seniority level

    Not Applicable

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing and Finance

  • Industries

    Utilities

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Group Financial Accountant employer: Severn Trent

Severn Trent is an exceptional employer, recognised for its commitment to employee engagement and inclusivity, making it a top choice for those seeking a fulfilling career in finance. With a strong focus on personal development, competitive benefits including a leading pension scheme, and a culture that values collaboration and flexibility, employees are empowered to thrive both professionally and personally while contributing positively to the environment and their communities.
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Contact Detail:

Severn Trent Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Financial Accountant

✨Tip Number 1

Familiarise yourself with Severn Trent's values and culture. Since they emphasise employee engagement and inclusivity, showcasing your alignment with these values during any interactions can set you apart.

✨Tip Number 2

Network with current or former employees of Severn Trent on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your knowledge of group financial reporting and consolidation processes. Being able to discuss specific examples or challenges you've faced in these areas will demonstrate your expertise and readiness for the role.

✨Tip Number 4

Prepare thoughtful questions about the finance team's collaboration with other departments. This shows your interest in teamwork and understanding of how finance impacts the broader organisation, which is crucial for the Group Financial Accountant role.

We think you need these skills to ace Group Financial Accountant

Financial Reporting
Group Consolidation
Accounting Standards Compliance
Technical Financial Accounting
External Audit Liaison
Complex Financial Instruments Accounting
Pensions Accounting
Share-Based Payments Accounting
Documentation Drafting
Communication Skills
Team Collaboration
Deadline Management
Relationship Building
Attention to Detail
Analytical Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and qualifications, particularly your financial qualifications like ACCA, ACA, or CIMA. Emphasise any experience with group consolidation processes and your ability to handle complex financial reporting issues.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and your desire to contribute to Severn Trent's mission. Mention specific aspects of the job description that excite you and how your skills align with their needs.

Highlight Teamwork Skills: Since the role requires collaboration with various teams, include examples in your application that demonstrate your ability to work effectively within a team and build strong relationships across an organisation.

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 in accounting roles.

How to prepare for a job interview at Severn Trent

✨Know Your Numbers

As a Group Financial Accountant, you'll be dealing with complex financial data. Brush up on your knowledge of financial reporting standards and group consolidation processes. Be prepared to discuss specific examples from your experience that demonstrate your expertise in these areas.

✨Showcase Your Teamwork Skills

This role requires collaboration with various teams within the Finance Department. Highlight your ability to work effectively in a team setting, perhaps by sharing a story about a successful project where you liaised with different departments to achieve a common goal.

✨Prepare for Technical Questions

Expect questions related to accounting for complex areas like financial instruments and pensions. Review relevant technical concepts and be ready to explain how you've handled similar issues in past roles or during your studies.

✨Demonstrate Your Communication Skills

Effective communication is key in this role, especially when liaising with subsidiary finance teams. Practice articulating your thoughts clearly and concisely, and consider preparing a few examples of how you've successfully communicated complex financial information to non-financial stakeholders.

Group Financial Accountant
Severn Trent

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