Management Accountant

Overview

As a Management Accountant, you'll play a key role in delivering accurate financial reporting and insightful analysis for the Water business. You'll lead the monthly management accounts close, prepare journals and balance sheet reconciliations, and ensure the integrity of financial data. Working closely with stakeholders, you'll provide meaningful commentary to support decision-making, drive process improvements, and help maintain strong financial governance and controls across the business.

• Support the Finance Manager by taking a lead on the closing of Water Management accounts and providing assurance of numbers and insightful commentary.
• Perform reconciliations of key control data including GL balances and supporting schedules such as accruals, provisions, prepayments and inventory.
• Prepare and review journal entries, aiming to automate where possible.
• Provide insight into results during period‑end close to FP&A and Business Partner teams, relating to key cost drivers such as job volumes and water production levels.
• Work across the wider finance team to document, align and improve processes, driving efficiency and consistency.
• Understand the Activity‑Based Costing model for Water Networks and use it monthly to split operating and capital costs.
• Produce and prepare the Water Networks Capitalisation audit in accordance with accounting standards, coordinate year‑end audit and complete key accounting judgement paper.
• Produce and prepare the Leakage regulatory table, monitoring external reporting requirements and researching accounting issues.
• Respond to ad hoc analytics requests through the demand‑management framework to support Business Partners on cost visibility, business‑case preparation and financial performance investigation.

Base location – Hybrid – Clear Water Court, Reading RG1 8DB

Working pattern – 36 hours Monday to Friday

• Accounting qualification (ACA, CIMA, CPA, CMA, CHAE or equivalent).
• Experience with SAP.
• Knowledge and understanding of IFRS and tax reporting.
• Ability to interact with leadership, key stakeholders and employees.
• Excellent knowledge of financial statements.
• Attention to detail and ability to summarise and present financial information clearly.
• Demonstrated thorough knowledge of accounting principles, systems and procedures.

• Experience with HFM.
• Utilities industry experience.

• Competitive salary up to £65,000 per annum depending on experience.
• Annual leave – 26 days per year, increasing to 30 with length of service, plus bank holidays.
• Performance‑related pay plan linked to company performance measures and targets.
• Generous Pension Scheme through AON.
• Health and wellbeing benefits such as annual health MOTs, access to physiotherapy and counselling, Cycle to Work schemes, shopping vouchers and life assurance.