Capital Finance Manager; Water

Position: Capital Finance Manager (Water)

Job title Capital Finance Manager (Water)  Division Finance & Commercial Location Hybrid - Clearwater Court - RG1 8DB
Contract type Permanent Full/Part-time Full-time Salary Competitive salary up to £80,000 per annum, depending on experience Job grade C Closing date 05/12/2025

A core part of the finance manager role will be attendance at sponsor boards and playing an active role in ensuring governance decisions made which consider the financial impact, and regulatory model, and are in line with schedule of delegated authority.

The role will allow you to further your management skills through developing and managing a team. You will be responsible for challenging and motivating the team through their own professional development as well as process improvement. This is a brilliant opportunity for you to develop yourself and be a part of Thames Waters’ Turnaround Plan.

What you’ll be doing as a Capital Finance Manager (Water)

• Responsible for leading a team to partner the financial performance outcomes of our Capital Programme - supporting the Sponsor teams through the implementation of high-quality insight and KPIs, review and challenge.
• To provide the high-quality financial information that the business requires to operate effectively and efficiently, including leading and lagging levers, cost drivers, trend analysis and recommendations to assist decision making.
• Support in specific aspects of the financial reporting cycle with a critical evaluation lens applied. The manager and their business partner team has a key role to play to interpret, influence and challenge, communicating with the business and formulate clear narrative and activity plans as required.
• Developing relationships with other teams across the Organisation, with a real focus on cross learning and challenging the teams through continuous improvement.
• Develop and enhance the Performance controls and associated reporting to support proactive management of the programme, including but not limited to, forecasting accuracy, supporting and validating efficiencies against programmes and “living within our means”, driving consistent high-quality insight that drives action across the teams.
• As a key financial liaison, partner with the various departments across Finance and the business to deliver end-to-end process efficiencies and improved financial awareness.
• Review capital investment papers as required by the business, ensuring needs are clearly articulated and internal governance requirements are met. Ensure that decision-making process adequately considers the regulatory environment we are operating in and the relevant funding mechanisms.
• Respond to ad hoc requests for analytics to provide support to stakeholders for cost visibility, regulatory matters, deep-dive investigations into financial performance etc.
• Support proactive identification and resolution of technical accounting matters relating to the capital delivery areas. The manager will also provide support and guidance as needed for audit deliverables.

Hybrid – Clearwater Court, Reading 36 hours a week What you should bring to the role To thrive in this role, the essential criteria you’ll need is:

• Extensive experience of financial and analytical experience
• Accounting qualification (ACA, CIMA, ACCA or equivalent)
• Strong excel skillset and analytical abilities required
• Experience with planning systems and reporting technology
• Experience with business intelligence tools and developing data visualisations
• Business partnering, Capital Programme accounting experience - including experience of working with large investment programmes
• Business partnering, accounting experience - including experience of working with senior managers
• Track record of delivering value and change, through challenge and influencing decision making as well as building strong relationships
• Planning and Organisational skills to work effectively
• Process improvement experience/track record
• Excellent knowledge of providing financial insight, preparing annual plans, forecasts
• Good understanding of accounting best practice and technical requirements

Additional skills and experiences would be great to have/bring:

• Solid modelling and/or…