Record to Report (R2R) Accountant in Devon

Record to Report (R2R) Accountant in Devon

Devon Full-Time 40000 - 50000 £ / year (est.) No working from home possible
South West Water

At a Glance

  • Tasks: Ensure accurate financial reporting and compliance while collaborating with cross-functional teams.
  • Company: Join Pennon Group, a leader in water and renewables, committed to a greener future.
  • Benefits: Enjoy competitive salary, annual bonus, healthcare benefits, and generous annual leave.
  • Other info: Be part of a diverse culture that values inclusion and personal growth.
  • Why this job: Make a real impact on financial processes while supporting environmental initiatives.
  • Qualifications: Must have accounting qualifications like ACA, ACCA, or CIMA and strong analytical skills.

The predicted salary is between 40000 - 50000 £ per year.

Powered by Water, Driven by Purpose. At Pennon Group, we’re proud to serve communities while protecting the environment. Together with our subsidiaries, we’re leading the way in water and renewables. Our goals? As well as lowering our carbon footprint, we’re working with partners to plant 300,000 trees, restore peatlands and support farmers and landowners to improve water quality and wildlife. Whether you’re starting out or seeking a new challenge, our scale and ambition create opportunities for you to shape your own career. Ready to make a splash? Join our team today.

As an R2R Accountant, you’ll ensure the integrity, accuracy, and timeliness of our financial reporting. You’ll be pivotal in reviewing the company’s financial position, maintaining robust documentation, and ensuring compliance with accounting standards. This role requires technical accounting skills, a thorough understanding of financial processes and effective communication with stakeholders. Your technical expertise will support both monthly operations and strategic financial decision-making.

Key Deliverables
  • Complete the monthly, half-yearly and annual close processes for Pennon Group companies, ensuring timely and accurate financial statements.
  • Controlling month-end procedures for Pennon Group PLC holding company, including reconciliations and resolving discrepancies.
  • Ensure compliance with accounting principles, regulations, and internal policies.
  • Implement and maintain internal controls to safeguard financial data accuracy.
  • Collaborate with cross-functional teams to gather reporting and analysis information.
  • Identify process improvement opportunities within the R2R function and across the finance function.
  • Stay updated on changes to accounting standards and regulations.
Required Experience Skills
  • Extensive accounting experience, including transactional accounting.
  • Strong analytical and problem-solving skills, with an eye for process improvement.
  • Excellent communication skills to extract and document complex financial information.
  • Sound knowledge of GAAP and financial reporting standards.
  • Proficiency in accounting software.
Qualifications Required: ACA, ACCA, CIMA, or equivalent financial qualification.
Desirable: Strong Microsoft Office and IT skills.

What Success Looks Like

  • Motivated by process improvement and working in a compliant, controlled environment.
  • Delivering detailed, accurate outputs within tight month-end deadlines.
  • Embodying Pennon’s core values: Rock Solid, Be You, Be the Future.

At Pennon, we believe in rewarding our people for their hard work and dedication. As our R2R Accountant, you'll enjoy:

  • Competitive Salary – Based on experience and skills
  • Annual Bonus Scheme – Rewarding your performance
  • Pension Scheme – Helping you plan for your future
  • Healthcare Benefits – Access to private healthcare and employee assistance programs
  • Professional Development – Support for career growth with training opportunities
  • Employee Discounts – On various products and services
  • Generous Annual Leave – Take time to recharge with our holiday entitlement

Closing Date: 25th June 2026. We may close this vacancy early if we receive a high volume of applications. We encourage you to apply as soon as possible. Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process.

Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness. Our core values, which are essential to our success, are:

  • Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on.
  • Be You - We want you to bring your best every day. Be yourself and make your mark in your individual way.
  • Be the Future - Embrace change. Drive Progress. Own the challenge.

Record to Report (R2R) Accountant in Devon employer: South West Water

At Pennon Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that values diversity and inclusion. As an R2R Accountant, you will benefit from competitive salaries, comprehensive healthcare, and robust professional development opportunities, all while contributing to our mission of environmental sustainability. Join us in shaping a greener future and enjoy the chance to grow your career in a supportive and purpose-driven environment.

South West Water

Contact Details:

South West Water Recruitment Team

We think you need these skills to ace Record to Report (R2R) Accountant in Devon

Technical Accounting Skills
Financial Reporting
Analytical Skills
Problem-Solving Skills
Communication Skills
Knowledge of GAAP
Proficiency in Accounting Software