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Management Accountant

thameswater.co.uk Logo

Thames Water

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Location:
United Kingdom , Reading

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Category:
Finance

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Contract Type:
Not provided

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Salary:

65000.00 - 70000.00 GBP / Year
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Job Description:

At Thames Water, we make a daily difference to the lives of 16 million customers by supplying 2.6 billion litres of water through 32,000km of pipes - keeping taps flowing and toilets flushing. We deliver life’s essential service so our customers, communities and the environment can thrive. We are looking for a driven and detail-oriented Management Accountant to join our Waste Finance team. In this role, you’ll take ownership of core financial processes and play a key role in delivering accurate, insightful financial information to support decision-making across the business.

Job Responsibility:

  • Leading the posting of Waste accrual journals and providing assurance and insightful commentary for the Home Counties region
  • Supporting period-end close activities, including recording, reconciliation, and analysis in line with agreed timetables
  • Performing reconciliations across key control data such as accruals, provisions, prepayments, inventory, and general ledger balances
  • Preparing and reviewing journal entries, with a focus on automation and efficiency improvements
  • Providing insight into financial results and key cost drivers to FP&A and Business Partnering teams
  • Collaborating across finance teams to document, standardise, and improve processes
  • Supporting the preparation of audited financial statements and responding to external audit requests
  • Preparing accounting papers and control documentation for internal and external audits
  • Contributing to regulatory accounting returns, including cost allocation across price controls and upstream services
  • Ensuring compliance with accounting standards and internal control frameworks
  • Identifying and resolving control weaknesses and process inefficiencies
  • Supporting ad hoc financial analysis, business cases, and performance investigations
  • Playing a key role in the Chemicals end-to-end process, including budgeting, forecasting, and variance analysis

Requirements:

  • Qualified accountant (ACCA, ACA, CIMA) or qualified by experience
  • Strong understanding of accounting principles and standards
  • Excellent financial analysis and data manipulation skills
  • Advanced Excel skills
  • Ability to manage priorities and meet deadlines
  • Strong communication skills, with the ability to explain financial information to non-finance stakeholders
  • Experience working with auditors or within an audit environment
  • Strong business partnering capability

Nice to have:

  • Experience with SAP and/or HFM
  • Experience in utilities or construction sectors
  • Regulatory reporting or audit experience
What we offer:
  • Annual Leave - 26 days holiday per year, increasing to 30 with the length of service (plus bank holidays)
  • Performance-related pay plan directly linked to company performance measures and targets
  • Generous Pension Scheme through AON
  • Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances - from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance

Additional Information:

Job Posted:
April 02, 2026

Expiration:
April 09, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
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