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- Tasks: Lead financial reporting and project management for our Annual Performance Report.
- Company: Join Thames Water, a vital service provider committed to sustainability.
- Benefits: Earn £450 per day with hybrid working and access to training courses.
- Why this job: Make a real impact in financial reporting while learning about the water sector.
- Qualifications: Qualified chartered accountant with strong communication and teamwork skills.
- Other info: Be part of a diverse team focused on delivering essential services.
We are seeking an experienced Group Financial Regulatory Accountant to join the team on a 6 month temporary contract. You will be primarily responsible for the development of first class financial regulatory reporting within our Annual Performance Report (APR). This includes segmental business unit analysis and reporting across the whole company. You will project manage year end and month end deliverables, refine reporting processes, optimise our use of financial systems and provide expert advice to the business.
This is a demanding role in a large organisation that will give you the opportunity to engage and work alongside stakeholders from across the business and to fully understand all our service lines. In addition to your core role, you will join your friendly external financial reporting colleagues on site visits to Waste and Water treatment works, have access to a range of training courses and enjoy team social events. You will be a highly valued and pivotal team member as we increase our focus on best in class external reporting.
What you will be doing as a Group Financial Regulatory Accountant:
- Leading and project managing the delivery of the financial sections and associated documentation for our Annual Performance Report.
- Main lead for external audit deliverables and queries.
- Central support for monthly regulatory reporting.
- Central support for quarterly reporting on Return of Regulatory Equity (RORE).
- Developing best practice processes and procedures around our external regulatory reporting, including using a range of financial tools, including SAP, HFM and SAC.
- Building up an expert knowledge of our business units and their financial performance.
- Becoming an expert in and advising stakeholders on financial reporting requirements set by our regulator, Ofwat, as set under Regulatory Accounting Guidelines (RAGs).
- Providing training and guidance to the supporting Finance teams.
- Supporting projects to support the wider Finance team.
- Key contact for Ofwat and External Audit queries.
The role will report into the Financial Reporting manager and will be supported by the wider financial accounting team.
What should you bring to the role?
To effectively perform this role, the successful candidate must be a qualified chartered accountant (ACA, ACCA, CIMA or equivalent). The ideal candidate will have the ability to learn and become an expert in the water sector, have a change mindset and the ability to work with a range of financial systems. In addition, strong communication and relationship management skills will be essential, as maintaining and building robust relationships with a variety of key stakeholders is vital within this position. Additionally, you will have strong experience working in a team towards a common objective within tight deadlines. Experience of using company IT systems, including SAP, SAC and HFM, would be desirable.
Whats in it for you?
Daily Pay rate: £450
Location: Hybrid, Reading (2 days a week)
Length of assignment: 24 weeks
Required Start date - ASAP
Who are we?
At Thames Water, our purpose is crystal clear - to deliver life's essential service so our customers, communities and planet can thrive. Water is life's great leveller. Every living thing needs it, every single day. From people to plants, birds to bees, farms to factories, we all need it to thrive, and we're committed to taking care of it for us all. But keeping water flowing is becoming harder. From scorching summers to wetter winters, extreme weather affects everything from our pipes to our local rivers. We need to keep millions more kettles boiling, public services operating, washing machines spinning, showers running and more, so every drop is more precious than ever. Are you ready to play your part?
Working at Thames Water
At Thames Water we recognise that people are at the heart of our business. To help us succeed in providing life's essential service, we need a range of skills and capabilities, representative of society throughout our business. We seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge. We understand the importance of appreciating and harnessing the unique skills, experiences, background, and differences that each individual brings. Our overarching diversity and inclusion aim is to ensure Thames Water is a diverse and inclusive great place to work. We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.
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, meet colleagues and earn some extra money along the way.
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.
TEMP Group Financial Regulatory Accountant employer: Thames Water Utilities Limited
Contact Detail:
Thames Water Utilities Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land TEMP Group Financial Regulatory Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with regulatory reporting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial regulations and tools like SAP and HFM. We want you to be able to showcase your expertise and how you can add value to the team right from the get-go!
✨Tip Number 3
Don’t just apply; engage! When you submit your application through our website, follow up with a quick email to express your enthusiasm. It shows initiative and keeps you on their radar.
✨Tip Number 4
Stay flexible and open-minded. The role might evolve, and being adaptable will make you a standout candidate. Plus, it’ll help you fit right into the dynamic environment at Thames Water!
We think you need these skills to ace TEMP Group Financial Regulatory Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Group Financial Regulatory Accountant role. Highlight your experience with financial reporting, project management, and any relevant systems like SAP or HFM. 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 your qualifications, your understanding of the water sector, and how you can contribute to our team. Keep it engaging and professional!
Showcase Your Communication Skills: Since strong communication is key in this role, make sure to demonstrate your ability to build relationships in your application. Whether it's through examples in your CV or anecdotes in your cover letter, we want to see how you connect with stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company there!
How to prepare for a job interview at Thames Water Utilities Limited
✨Know Your Numbers
As a Group Financial Regulatory Accountant, you'll be dealing with financial reports and regulatory requirements. Brush up on your knowledge of financial metrics and reporting standards, especially those relevant to Ofwat and RAGs. Being able to discuss these confidently will show that you're prepared and knowledgeable.
✨Master the Tools
Familiarise yourself with the financial systems mentioned in the job description, like SAP, HFM, and SAC. If you can demonstrate your proficiency with these tools during the interview, it will give you a significant edge. Consider preparing examples of how you've used similar systems in past roles.
✨Engage with Stakeholders
This role requires strong communication and relationship management skills. Think about how you can showcase your experience in building relationships with stakeholders. Prepare anecdotes that highlight your ability to communicate complex financial information clearly and effectively.
✨Project Management Prowess
Since you'll be project managing deliverables, be ready to discuss your project management experience. Highlight specific projects where you successfully led a team or managed tight deadlines. This will demonstrate your capability to handle the demands of the role and your change mindset.
