Capital Finance Manager (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 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 database skills are preferable
• Experience in similar organisations with finance teams responsible for managing and operating large asset bases
• Experience of leading a team

What’s in it for you?

• Competitive salary up to £80,000 per annum, depending on experience
• Annual Leave - 26 days holiday per year increasing to 30 with the length of service (plus bank holidays)
• Car Allowance
• Performance-related pay plan directly linked to company performance measures and targets
• Generous Pension Scheme through AON
• Private Medical Health Care
• 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.

Find out more about our benefits and perks

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.

Learn more about our purpose and values

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. Why choose us? Learn more.

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.