At a Glance
- Tasks: Prepare consolidated financial statements and develop best practices for external reporting.
- Company: Join Thames Water, a leading FTSE 100 company with a commitment to diversity.
- Benefits: Competitive daily pay of £450, hybrid work model, and supportive environment.
- Other info: Dynamic role with opportunities for professional growth and involvement in diverse projects.
- Why this job: Make an impact in finance while working on exciting projects and enhancing your skills.
- Qualifications: Qualified chartered accountant with strong IFRS reporting experience and excellent communication skills.
The predicted salary is between 45000 - 58500 £ per year.
What you’ll be doing as a Group Financial Accountant:
- Preparation of annual consolidated financial statements for the main trading entity’s (TWUL) parent to a FTSE 100 standard, and group entities.
- Developing best practice processes and procedures around our external reporting, in both a statutory and regulatory environment.
- Review and implementation of new accounting pronouncements and other corporate reporting developments affecting Thames Water.
- Producing key deliverables for submission to the Audit Committee and Board at various stages during the year.
- Producing accounting papers documenting our key management judgements, including leases and financial instrument standards.
- Being a key contact for the external audit team at year‑end, half‑year and other times during the year.
- Providing ad hoc technical accounting advice to other areas of finance and the wider business and assisting on delivering the annual finance training.
- Day‑to‑day management of main and subsidiary companies, including processing of journals and preparation of balance sheet reconciliations; budgeting and forecasting; and, preparation of the statutory accounts.
- Ensuring the highest levels of data integrity are upheld, Group accounting policies are consistently applied, and adherence to deadlines is maintained.
- Involvement in a number of ad hoc projects (such as liquidations, new company set‑up, control reviews, system reviews) as required by the business.
Qualifications:
- Qualified chartered accountant (ACA, ACCA or equivalent).
- Strong technical background with experience of external financial reporting under IFRS including preparation of consolidated accounts.
- Strong communication and relationship management skills.
- Experience with ERP systems (e.g. SAP, Oracle) and financial reporting tools.
- High attention to detail with a strong focus on accuracy and control.
- Commercially minded approach with confidence to challenge and support decision‑making.
- Strong technical accounting knowledge, including management accounting, budgeting, forecasting, month‑end close, and variance analysis.
Pay and Assignment Details:
- Daily Pay rate: £450 per day
- Location: Hybrid – Clear Water Court Reading
- Length of assignment: 3 months
- Required Start date: As soon as possible
Please note you will be on assignment at Thames Water via Pertemps.
EEO Statement: 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. If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know, we’re here to help and support.
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.
Group Financial Accountant – IFRS Consolidations (Hybrid) in Reading employer: Thames Water Utilities Limited
Thames Water is an exceptional employer that values diversity and inclusivity, offering a supportive work environment for its employees. With a strong focus on professional development, employees have access to ongoing training and growth opportunities, particularly in the dynamic field of financial accounting. The hybrid working model at Clear Water Court in Reading allows for flexibility, making it an attractive location for those seeking a balance between their professional and personal lives.
Contact Details:
Thames Water Utilities Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Accountant – IFRS Consolidations (Hybrid) in Reading
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Thames Water or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS standards and recent accounting developments. We want you to be the go-to person for technical questions, so show off that strong knowledge during your chats with potential employers!
✨Tip Number 3
Don’t just wait for job postings; be proactive! Check our website regularly for new opportunities and consider reaching out directly to hiring managers. A little initiative can go a long way in landing that dream role.
✨Tip Number 4
Showcase your attention to detail in every interaction. Whether it’s your CV, cover letter, or during interviews, make sure everything is polished and accurate. This will reflect your commitment to high standards, just like the ones expected at Thames Water.
We think you need these skills to ace Group Financial Accountant – IFRS Consolidations (Hybrid) in Reading
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Financial Accountant role. Highlight your experience with IFRS, external financial reporting, and any relevant projects you've worked on. We want to see how your skills match 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 this role. Mention specific experiences that relate to the job description and show us your enthusiasm for working with us at Thames Water.
Showcase Your Technical Skills:Since this role requires strong technical accounting knowledge, make sure to highlight your expertise in areas like budgeting, forecasting, and month-end close. We love seeing candidates who can demonstrate their understanding of these key concepts!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Thames Water Utilities Limited
✨Know Your Numbers
As a Group Financial Accountant, you'll be dealing with complex financial statements. Brush up on your IFRS knowledge and be ready to discuss how you've applied these standards in previous roles. Prepare examples of your experience with consolidated accounts and any challenges you faced.
✨Showcase Your Communication Skills
Strong communication is key in this role, especially when liaising with the external audit team and other departments. Think of instances where you've successfully communicated complex financial information to non-financial stakeholders. Be prepared to demonstrate your relationship management skills during the interview.
✨Demonstrate Attention to Detail
With a focus on accuracy and control, it's crucial to highlight your attention to detail. Bring examples of how you've ensured data integrity in your past work, such as through meticulous balance sheet reconciliations or journal processing. This will show that you take pride in your work and understand the importance of precision.
✨Be Ready for Technical Questions
Expect technical questions related to management accounting, budgeting, and forecasting. Review common accounting scenarios and be prepared to discuss your approach to month-end close and variance analysis. This will help you showcase your strong technical background and problem-solving abilities.
