Financial Accounting Manager
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Job Location:
Yearly Salary:
Posted on:
15 days ago
Vacancies:
1 Vacancy
Job Summary
At Pennon Group were proud to be leading the way in the water and renewables industries. Alongside our subsidiaries - South West Water Bristol Water Bournemouth Water SES Water Pennon Water Services and Pennon Power - were committed to delivering a sustainable future of our region. Because we know that by continually driving up our standards today well build a better tomorrow for our communities.
About the role
Are you a qualified Accountant looking to take the next step in your career Do you want to play a pivotal role in supporting the delivery of strong financial control and reporting for one of the UKs leading water utility groups
We have an excellent opportunity for a Financial Accounting Manager to join our Finance team with a particular focus on SES Water part of the Pennon Group. This role can be based out of either Exeter or Bristol on a full-time permanent basis. You will receive a competitive salary of 60000 - 70000 per annum plus excellent benefits.
Youll be part of the management of the Financial Control team where your technical expertise leadership and insight will significantly contribute to the delivery of the Groups results. This is a key role in ensuring the integrity of our financial reporting strengthening internal controls and supporting regulatory compliance as the Group continues to grow.
What youll be doing:
- Lead Financial Control for SES Water
- Act as the key point of contact for SES Water financial control and the external auditors.
- Manage the provision of financial information for SES Water across monthly half-yearly and annual reporting cycles.
- Lead the preparation of statutory accounts for SES Water and support the Groups consolidated reporting.
- Map processes and Risk and Controls Matrices (RACM) for SES Water and manage the annual control testing process.
- Support the roll-out of ICoFR frameworks across the wider Pennon Group ensuring consistency and compliance.
- Work closely with finance and business stakeholders to ensure accounting treatments accurately reflect business activity.
- Support implementation of new accounting policies and standards across the Group.
- Provide analysis on the impact of new accounting developments and regulatory changes.
- Support the Head of Finance Control Reporting & Accounting in producing necessary board papers on financial reporting and technical accounting issues.
- Lead on the external audit process for SES Water including planning deliverables and resolution of accounting issues.
- Support Group and subsidiary statutory accounts preparation.
- Deliver accurate financial information for inclusion in Ofwats Annual Performance Report.
- Review the VAT and Corporation Tax working papers to ensure compliance.
Deliver Internal Controls over Financial Reporting (ICoFR)
Collaborate and Influence
Audit Reporting & Regulatory Compliance
What we are looking for:
- ACA/ACCA/CIMA qualified Accountant
- 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
- Understanding of the water sector would be advantageous but not essential
Whats in it for you:
- 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. Were 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
- A discretionary Bonus
- Competitive Contributory Pension
- Share-save Scheme
- Various health benefits
- Wellbeing support programmes
- A range of Group Discounts
- Cycle to Work Scheme
- Financial support services
- And plenty more!
In return we offer an excellent range of benefits including:
Closing Date: Tuesday 12th November 2025
Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process.
Be yourself we like it that way. Together we will build a culture of belonging where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care we value everyone we celebrate uniqueness.
Our core values which are essential to our success are:
Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on.
Be You - We want you to bring your best everyday. Be yourself and make your mark in your individual way.
Be the Future - Embrace change. Drive Progress. Own the challenge.
Required Experience:
Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
About Company
We're the water and wastewater service provider for around 1.8 million customers in Cornwall, Devon, parts of Somerset and Dorset and the Isles of Scilly.
