Financial Accounting Manager
South West Water
Manage financial control & reporting for SES Water within Pennon Group
3 days ago ago
£60,000 - £70,000
Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Exeter, England, United Kingdom
Hybrid
Company Size
2,000 Employees
Service Specialisms
Building and development
Water supply
Sewerage services
New connections
Developer Services
Self‑Lay Provider support
Pre‑development services
Standpipe hire
Sector Specialisms
Drinking Water Services
Wastewater Services
Role
What you would be doing
framework rollout
control testing
audit management
financial control
statutory accounts
reporting management
- Support the roll-out of ICoFR frameworks across the wider Pennon Group, ensuring consistency and compliance
- Map processes and Risk and Controls Matrices (RACM) for SES Water and manage the annual control testing process
- Lead on the external audit process for SES Water, including planning, deliverables, and resolution of accounting issues
- Lead Financial Control for SES Water
- Support implementation of new accounting policies and standards across the Group
- Work closely with finance and business stakeholders to ensure accounting treatments accurately reflect business activity
- Deliver accurate financial information for inclusion in Ofwat’s Annual Performance Report
- Review the VAT and Corporation Tax working papers to ensure compliance
- Manage the provision of financial information for SES Water across monthly, half-yearly, and annual reporting cycles
- Support the Head of Finance Control, Reporting & Accounting in producing necessary board papers on financial reporting and technical accounting issues
- Support Group and subsidiary statutory accounts preparation
- Act as the key point of contact for SES Water financial control and the external auditors
- Lead the preparation of statutory accounts for SES Water and support the Group’s consolidated reporting
- Provide analysis on the impact of new accounting developments and regulatory changes
What you bring
aca/acca/cima
ifrs
consolidation
group reporting
corporate finance
- ACA/ACCA/CIMA qualified Accountant
- Understanding of the water sector would be advantageous but not essential
- Extensive experience of preparing financial information in a corporate environment at Group and company level
- Fully conversant with reporting under IFRS and able to take technical lead on new standards/issues
- Strong accounting skills including consolidation and group restructuring
- We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us. We’re one of the largest companies in the South West and are proud to have been awarded Investors in People recognition.
- Generous holiday allowance plus bank holidays
- Cycle to Work Scheme
- Financial support services
- Wellbeing support programmes
- Competitive Contributory Pension
- A discretionary Bonus
- A range of Group Discounts
- Share-save Scheme
Information not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearance- mandatory dbs check required for successful candidate
Company
Overview
30 Years
Experience in Water Services
The company has extensive experience providing water services to the region.
2,000 Employees
Dedicated Staff
The company employs a large team to deliver vital water services.
1.6M People
Serving the Community
The company plays a vital role in managing the water supply for over 1.6 million people across multiple regions.
- South West Water is a leading provider of water and wastewater services, covering Cornwall, Devon, and parts of Dorset.
- The company is known for pioneering innovation in water treatment and sustainability efforts across its service regions.
- Specializes in providing clean, safe water and efficient wastewater treatment to both residential and commercial customers.
- Committed to ensuring the highest standards of water quality and environmental stewardship in all its operations.
- One of the standout projects includes the upgrade of wastewater treatment facilities to meet growing demand and environmental standards.
- South West Water's operations span a variety of sectors, including residential, commercial, and industrial water services.
- Trusted
- Collaborative
- Responsible
- Progressive
100k tonnes CO₂
Operational carbon emissions target
The company aims to achieve net zero by 2030 by reducing operational carbon emissions by up to 100,000 tonnes of CO₂.
100%
Electric vehicle fleet
The company operates a 100% electric car and van fleet, contributing to reduced emissions.
250k trees
Tree planting initiative
The company plans to plant 250,000 trees by 2025 to support reforestation and carbon sequestration.
£2.5B investment
Sustainability investment
The company has committed £2.5 billion from 2025–2030 for storm overflow reduction, nutrient pollution prevention, and biodiversity conservation.
- Biogas capture from wastewater treatment and use for vehicle fuel or grid injection
- Hydro-electric generation at Mary Tavy, solar PV and wind on-site
- Reducing leaks by 15%
- Restoring peatland to store carbon and enhance biodiversity
- Since 2019, nature-based solutions include managing 126,733 ha land, restoring 3,907 ha peatland
30%
Gender Diversity Target
Committed to increasing gender diversity in boardrooms and business leadership.
10k Interns
Black Internship Initiative
Supporting the 10,000 Black Interns initiative to expand career opportunities.
- Disability Confident employer
- Women’s Network, LGBTQ+ Network, and other employee networks influencing business direction
- Mental Health Awareness Month, Black History Month, and guest‑speaker events hosted
- Company‑wide statement: “Be Rock Solid – Build trust and be trusted”; “Be You – bring your best… make your mark”; “Be the Future – Embrace change. Drive Progress. Own the challenge.”
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