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Assistant Accountant - Water

Australia, Melbourne Employment contract · Job Posted May 10, 2026
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Job Description

An exciting opportunity has arisen for an Assistant Accountant - Water to join Service Stream in our Utilities division. Reporting to the Finance Manager – Water, this role is responsible for providing comprehensive accounting service across various Water O&M contracts and the broader Utilities division. This includes the production of accurate and timely monthly financial reports, cash flows and KPI's together with insightful analysis and commentaries. With the assistance of the Finance Business Partners, this role will be responsible for a combination of financial accounting and management accounting requirements to ensure completeness of the Groups financial statements including, monthly reconciliation of all allocated balance sheet accounts. This role is also responsible for maintaining and improving the quality of the financial information reported internally and externally. Working closely with the Finance Manager – Water and Finance Business Partners, this position will be required to complete all the necessary tasks related to the contracts allocated to the role, general accounting requirements as well as assisting with key process improvements. The role will also be required to complete ad-hoc tasks as requested.

Job Responsibility

  • Provide comprehensive accounting service across various Water O&M contracts and the broader Utilities division
  • Production of accurate and timely monthly financial reports, cash flows and KPI's together with insightful analysis and commentaries
  • Responsible for financial accounting and management accounting requirements to ensure completeness of the Groups financial statements
  • Monthly reconciliation of all allocated balance sheet accounts
  • Maintain and improve the quality of the financial information reported internally and externally
  • Complete all necessary tasks related to the contracts allocated to the role, general accounting requirements as well as assisting with key process improvements
  • Complete ad-hoc tasks as requested

Requirements

  • Delivery of high-quality financial accounting and balance sheet integrity
  • Ability to promote a culture of continuous improvement across Water Division
  • Complete all intercompany cost reallocations and ensure the completeness of the Utilities Groups financial statements
  • Complete and analyze monthly cashflow actuals and ensure that all adjustments are managed appropriately
  • Ensure the integrity of transactions within all ledgers through maintenance of the general ledger accounts
  • Understand the system generated accounting entries and ensure that balances are accurate and the process is appropriately documented
  • Ensure the allocated balance sheet items are reconciled each month, with any large or unusual balances investigated and cleared in a timely manner
  • Ensure all sub-ledger modules related to the business unit are reconciled to the general ledger on a monthly basis
  • Preparation of ad-hoc analysis on business issues impacting the provision of services across a contract / Business Unit
  • Assist the Finance Manager and Finance Business Partners in overseeing the overall financial performance of the Water Sector
  • Review and where necessary implement revised accounting procedures, processes and internal control systems
  • Assist in monitoring respective budgets, monthly forecasts and assisting with strategies where appropriate to deliver targeted results
  • Involvement in the half-year and year-end financial audit of the Service Stream Utilities division
  • Review capex documents, including business cases, to support the Finance Manager
  • Maintain a close working relationship with the broader Finance Team and various Operational Teams
  • Demonstrate personal energy and enthusiasm for both the business and the wider group, and create an environment of good team spirit amongst all employees

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