Capex Analyst

Jobs.co.uk; Reading; Hybrid; GBP 40,000 - 57,000; Full time

Benefits offered by this job

Pension scheme

Health and wellbeing benefits

26 days holiday

Job summary

Thames Water is seeking a Capex Analyst in Reading to support major investment in sustainable water infrastructure. You will develop and maintain asset plans to improve performance, resilience and environmental outcomes, analysing proposals, monitoring budgets, and producing reports for regulatory and community-facing decisions.

We value strong numerical reasoning, spreadsheet proficiency and clear stakeholder communication.

Qualifications

• Strong numerical reasoning and analytical skills.
• Proficiency with spreadsheets and data analysis.
• Experience communicating with stakeholders and cross-functional teams.

Responsibilities

• Analyse investment proposals and assess financial viability.
• Monitor expenditure against budgets and forecasts.
• Produce reports informing regulatory and community decisions.
• Lead development of integrated asset plans across assets.
• Collaborate with stakeholders to support decision making.

Skills

Numerical reasoning

Spreadsheet proficiency

Stakeholder communication

Job description

About The Role

This Capex Analyst role in Reading sits within Pertemps Thames Water, supporting significant investment in sustainable water infrastructure. Working full time, the successful candidate will develop and maintain asset plans that improve operational performance, resilience and environmental outcomes. Key responsibilities include analysing investment proposals, monitoring expenditure against budgets, and producing reports that inform regulatory and community-focused decisions. Strong numerical reasoning, spreadsheet proficiency and stakeholder communication skills are essential. A salary of up to £40,000 per annum is offered, dependent on experience. This position suits someone with a finance or engineering background who can interpret complex information and translate it into clear recommendations. The postholder will help ensure infrastructure meets present needs while addressing future challenges, protecting natural resources and delivering lasting value for customers.

This Capex Analyst role in Reading sits within Pertemps Thames Water, supporting significant investment in sustainable water infrastructure. Working full time, the successful candidate will develop and maintain asset plans that improve operational performance, resilience and environmental outcomes. Key responsibilities include analysing investment proposals, monitoring expenditure against budgets, and producing reports that inform regulatory and community-focused decisions. Strong numerical reasoning, spreadsheet proficiency and stakeholder communication skills are essential. A salary of up to £40,000 per annum is offered, dependent on experience. This position suits someone with a finance or engineering background who can interpret complex information and translate it into clear recommendations. The postholder will help ensure infrastructure meets present needs while addressing future challenges, protecting natural resources and delivering lasting value for customers.

We’re investing more than ever to build a sustainable future for our water systems and the environment. In one of these exciting roles, you’ll be at the forefront of that transformation - developing and maintaining asset plans that enhance operational performance, resilience and environmental outcomes. Your work will directly support our commitment to sustainability, ensuring our infrastructure meets both today’s needs and tomorrow’s challenges. With a focus on regulatory improvements and community impact, you’ll help shape a water supply system that’s fit for the future.

Join us and play a vital role in protecting natural resources while delivering long-term value for our customers and the planet.

What You’ll Be Doing As An Asset Planner

• Lead the development of integrated site plans by facilitating cross-functional collaboration, identifying interdependencies and determining the optimal sequencing of interventions.
• Continuously update and maintain comprehensive site and system-level plans, adapting to project changes and reflecting evolving priorities across the asset lifecycle.
• Gather long-term strategic input from Asset Strategy to inform Price Review 29 planning and ensure alignment with future needs.
• Develop and prioritise projects for current and future 5-yearly Asset Management Periods (AMPs), incorporating engineering insights and defining technical scope for robust submissions to decision gates.
• Create and manage system-wide plans across abstraction, treatment, storage, pumping, and sludge assets—addressing capital maintenance, growth, enhancement, and quality goals.
• Deliver on Capital maintenance plans and the efficient spend in relation to asset health and supporting our Outcome Delivery Incentives.
• Monitor and evaluate asset condition, maintenance standards and anticipated failure rates.
• Support external engagement activities, helping stakeholders understand and align with our strategic plans.

Base Location: Hybrid - Base location is flexible across the Thames Valley and Home Counties region but must be able to attend our Reading office every Tuesday.

Working Pattern: Full-time, Monday–Friday. (36 hours per week)

What You Should Bring To The Role

The essential criteria to help you succeed in this role are:

• Knowledge of asset management, engineering best practices and planning/forecasting.
• Confident communicator who builds strong relationships across teams and external stakeholders.
• Analytical and confident with numbers, able to communicate complex ideas clearly and simply.
• Proactive, can influence across all levels and consider different views.
• Able to work flexibly across multiple workstreams, responding to changes in focus.
• Has a good understanding of risk management.

Additional Skills And Experiences Would Be Great To Have/bring

• Knowledgeable about water and wastewater systems and external impacts.
• Professional membership of an engineering, environmental or asset management organisation is an advantage.
• Ideally, understand regulatory processes, such as price reviews or annual returns.

What’s in it for you?

• Competitive salaries up to £46,000 to £57,000 per annum, depending on experience.
• 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.

Find out more about our benefits and perks (Please note different T&Cs apply if on secondment)

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 value

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.