Capital Finance Manager; Water

Capital Finance Manager (Water)

ACCA Careers on behalf of Thames Water. 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 develop and manage a team, challenging and motivating through professional development and process improvement. This is a brilliant opportunity to be part of Thames Water’s Turnaround Plan.

• 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.
• Provide 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 specific aspects of the financial reporting cycle with a critical evaluation lens. The manager and their business partner team interpret, influence and challenge, communicating with the business and formulating clear narrative and activity plans as required.
• Develop relationships with other teams across the Organisation, focusing on cross‑learning and continuous improvement.
• Develop and enhance performance controls and reporting to support proactive management of the programme, including forecasting accuracy, validating efficiencies against programmes and “living within our means”, driving high‑quality insight that drives action.
• 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 to ensure needs are clearly articulated and internal governance requirements are met, with regulatory environment considerations.
• Respond to ad‑hoc requests for analytics to support stakeholders for cost visibility, regulatory matters, deep‑dive investigations into financial performance.
• Support proactive identification and resolution of technical accounting matters relating to the capital delivery areas, providing guidance for audit deliverables.

Hybrid – Clearwater Court, Reading

36 hours a week

• Extensive financial and analytical experience
• Accounting qualification (ACA, CIMA, ACCA or equivalent)
• Strong Excel skillset and analytical abilities
• Experience with planning systems and reporting technology
• Experience with business intelligence tools and developing data visualisations
• Business partnering, Capital Programme accounting experience – including work with large investment programmes
• Business partnering, accounting experience – including work with senior managers
• Track record of delivering value and change through challenge and influencing decision making, and 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 practices and technical requirements

• Solid modelling and/or database skills are preferable
• Experience in similar organisations with finance teams managing large asset bases
• Experience of leading a team

• Competitive salary up to £80,000 per annum, depending on experience
• Annual Leave – 26 days holiday per year, increasing to 30 with length of service (plus bank holidays)
• Car Allowance
• Performance‑related pay plan linked to company performance measures and targets
• Generous Pension Scheme through AON
• Private Medical Health Care
• Access to benefits such as health MOTs, physiotherapy, counselling, Cycle to Work schemes, shopping vouchers and life assurance

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better…