Group Financial Accountant - Property

Job title: Group Financial Accountant - Property

Ref: 38170

Division: Finance, Commercial & Digital

Location: Hybrid - Clearwater Court - RG1 8DB

Contract type: Permanent

Full/Part-time: Full-time

Salary: Offering between £45,000 - £65,000 per annum depending on experience

Job grade: B

Closing date: 13/08/2024

We have a fantastic opportunity for a Group Financial Accountant - Property to be responsible for delivering first-class internal and external financial reporting. This will include day-to-day management of our property companies. You will lead in the production of monthly management packs to support strategic business objectives, annual financial statements, and relevant regulatory accounting tables, ensuring our reporting applies the relevant financial and regulatory reporting guidance and meets our customer and other stakeholder needs.

What you will be doing as a Group Financial Accountant:

• Business partner for the Director of Property, supporting the accounting for Property Sales and Property Services.
• Production of quarterly forecasts and annual budgets – P&L and Balance Sheet - for all property companies and the property cost centres within the main trading entity.
• Creation of high-quality monthly reports, analysis, and commentary on performance for review with the CFO enabling successful financial decision-making.
• Provide guidance over intergroup transactions and ensure that amounts are charged on an arm’s length basis.
• Produce technical accounting papers for any property sales and non-standard transactions.
• Day-to-day management of property companies and property cost centres within the main trading entity, including processing of journals and preparation of balance sheet reconciliations.
• Preparation of annual financial statements for property entities and supporting the Group year-end close.
• Lead on property deliverables for the Annual Performance Report.
• Support ad hoc projects for Group Finance including controls improvement.
• Key point of contact for internal property services provider and external auditors in relation to property requests.

What you should bring to the role:

• You should be a qualified chartered accountant (ACA, ACCA, or equivalent).
• Possess good experience with IFRS.
• Strong Excel skills; SAP and HFM would be a bonus.
• Solid budget and forecast experience.
• Previous experience of property accounting and accounting judgement preparations.

What’s in it for you?

• Competitive salary from £45,000 to £65,000 per annum depending on experience.
• Annual Leave - 26 days holiday per year increasing to 30 with the length of service (Plus bank holidays).
• Contributory pension – Defined Contribution - Maximum of 12% - 2x employee contribution.
• Personal Medical Assessments – Open to all once a year.
• Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.

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.

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, backgrounds, and differences that each individual brings.

Our over-arching 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.