Income & Debt Lead Accountant
Are you a qualified accountant seeking to progress your career in a leading FTSE 100 company?
About the role
We're seeking a Lead Accountant to take responsibility within the Income and Debt team responsible for the accounting of Turnover and Debtors data to ensure the correct P&L and balance sheet position at month and year end. The majority of our income comes in the form of our retail household and non household water bills. You'll liaise with stakeholders in our customer care team to collect data and prepare key management information and periodic budget and forecast data - this is key information to help their decision making both in short term and over the next 5 year business cycle. You'll be responsible for ensuring that the reported numbers (monthly, annual and OFWAT Annual Return) determined by the Income and Debt team are reasonable, accurate and consistent. You'll operate and our bad debt provisioning model and be the point of contact with external auditors to resolve income and debt focused queries.
We're looking for a qualified accountant such as ACA, CIMA, ACCA (or equivalent) who has strong system skills and knowledge of company debt management processes. You will have experience presenting financial information to 'non-finance' staff in such a way to aid understanding and to ensure effective financial control and the correct accounting treatment of expenditure. Whilst not essential, experience using Finance accounting systems such as Oracle Discoverer, Quantum, SAP, and Hyperion would be desirable.
A role in Finance offers a unique perspective on Severn Trent's dynamic business - one where commerce meets conscience. It's only by investing intelligently in the future of our region's water that we can continue to offer great value for money for our 8 million customers and sustainable growth for our investors. We are a proactive Finance team, partnering our operational colleagues in their work to deliver our £500m pa capital and opex programmes. In the Financial Shared Service Centre, we aim to deliver 'Best in Class' Accounts Payable, Accounts Receivable and Financial and Management Accounting services. We work within an integrated series of business processes supported by SAP which means that our teams need to really understand the underlying business processes they work with. This gives our people a unique chance to get close to the operational business and deliver real value to our colleagues. For the last two years, our cross functional teams have been shortlisted in Severn Trent company wide awards.
Be part of the future of our water, In return we offer a fantastic range of benefits including 28 days holiday plus bank holidays, a contributory pension scheme up to 15%, a lifestyle flexible benefits plan which includes buy/ sell holidays, Employee Assistance Programme, Share save scheme, an annual performance reward bonus up to 10% of salary and opportunities to develop your career within an organisation in which everyone's talents are harnessed in order to maximise our performance.