ACCA Careers
Management Accountant
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Thames Water
The Role
The role is reporting into the Regulatory Finance Manager in Divisional Financial Control. The Management Accountant is responsible for performing general accounting functions in addition to the communication and promotion of financial position, insight, governance, and control within the business. The role will be to mainly support the Finance Managers and the Divisional Financial Controller on ad hoc tasks.
Activities
- Journal calculation and processing
- GL account reconciliation
- Overall ownership and support of the period end close, ensuring the accurate capturing and reporting of financial and performance activities of the business
What You’ll Be Doing
As a Management Accountant:
- Support the Regulatory Finance Manager by taking a lead on the external audit commitments. Review the control observations raised and address these ahead of the next audit, improve timelines and quality of the judgement papers. Maintain the audit tracker and ensure submissions are done on time.
- Understand and develop the existing monthly regulatory reporting feeding into Management Reporting Packs. Liaise with Central Finance to ensure key deadlines are achieved. Responsible for validating the numbers are accurate ahead of publication and coordinating with the Heads of Finance for Waste/Water to ensure commentaries are updated.
- Take ownership of the quarterly cost allocations review for the full division and streamline the E2E process.
- Support the Water and Waste Finance Managers with ad hoc tasks.
- Be involved in control improvement projects and assist the Divisional Financial Controller.
- Support the production and preparation of the regulatory accounting returns to Ofwat. Streamline the processes to ensure quality submissions. Coordinate half-year regulatory drafts together with the wider team.
- Support compliance with accounting standards and Thames Water control frameworks, including communicating with internal stakeholders to ensure core system data is clean and accurate.
- Respond to ad hoc requests for analytics, through the agreed demand management framework to provide support to Business Partners for costs visibility, business case preparation, and investigation into financial performance.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Base Location
- Hybrid – Clear Water Court Reading
Contract
This is a fixed term contract/secondment for 18 months, potential extension if the Finance Transformation continues.
What You Should Bring To The Role
To thrive in this role, the essential criteria you’ll need is:
- Ability to interact with the Finance leadership team and other key stakeholders.
- Ability to effectively prioritise multiple tasks to meet deadlines and produce high quality work in a fast-paced environment.
- Clear communication.
- Ability to work well as part of a team but also take ownership to complete tasks independently.
Technical
- Knowledge and understanding of IFRS, tax reporting.
- Excellent knowledge of financial statements.
- Demonstrate thorough knowledge of accounting principles, systems, and procedures.
Qualifications
- Accounting qualification (ACA, CIMA, CPA, CMA, CHAE or equivalent).
- Systems experience with SAP.
What’s in it for you?
- Competitive salary from £65,000 to £70,000 per annum.
- 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.
Who are we?
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 future for all, helping our customers, communities, people, and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Working at Thames Water
Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements, and excellent benefits.
If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.
Real purpose, real support, real opportunities. Come and join the Thames Water family.
We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else, just let us know, we’re here to help and support.
When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.
Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.
For more information and to apply, please visit our website via the apply button below.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Location