Finance Manager - Capital Delivery

Thames Water; Reading; On-site; GBP 68,000 - 80,000; Full time

Job summary

A major UK water company is seeking a Capital Finance Manager to lead financial support for capital programme delivery. The role involves providing high-quality financial insights, ensuring financial commitments are met, and collaborating across teams. Ideal candidates should possess an accounting qualification and extensive financial experience, along with strong Excel skills. This hybrid position offers a competitive salary of up to £80,000 plus generous benefits including annual leave and a pension scheme.

Benefits

Competitive salary up to £80,000

Annual Leave – 26 days holiday per year

Car Allowance

Generous Pension Scheme

Private Medical Health Care

Qualifications

• Strong Excel skillset and analytical abilities required; solid modelling and/or database skills are preferable.
• Good understanding of accounting best practices and technical requirements.
• Excellent knowledge of providing financial insight, preparing annual plans, and forecasts.

Responsibilities

• Lead a team to partner with the financial performance outcomes of the Capital Programme.
• Provide high-quality financial information for effective business operations.
• Support aspects of the financial reporting cycle with critical evaluation.

Skills

Accounting qualification (ACA, CIMA, ACCA or equivalent)

Extensive financial and analytical experience

Strong Excel skillset and analytical abilities

Excellent knowledge of providing financial insight

Collaborative work style

Highly effective communication skills

Education

Accounting qualification (ACA, CIMA, ACCA or equivalent)

Tools

Excel

Job description

The Capital Finance Manager is responsible for a team supporting the capital programme delivery directors with delivery of their financial commitments, specifically delivering in line with internal business plans and governed funding.

The role will lead and constructively support and challenge the teams to help drive performance, ensuring costs are well understood and optimised, providing insight and ensuring risks and opportunities are surfaced in a timely manner to drive course correction.

What you’ll be doing as a Finance Manager – Capital Delivery

• Lead a team to partner with the financial performance outcomes of our Capital Programme, supporting the Delivery teams through the implementation of high‑quality insight and KPIs, review and challenge.
• Provide 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 specific aspects of the financial reporting cycle with a critical evaluation lens applied.
• Develop relationships with other teams across the Organisation, with a real focus on cross‑learning and challenging the teams through continuous improvement.
• Review capital investment papers as required by the business, ensuring needs are clearly articulated and internal governance requirements are met.
• Partner with various departments across Finance and the business to deliver end‑to‑end process efficiencies and improved financial awareness.
• Set up the team to support validation and reporting of the business efficiency initiatives, ensuring that the predicted benefits are cashable and correctly estimated. Proactively identify target opportunity areas for further efficiency, working with business stakeholders as well as the capital efficiency team within the PMO.
• 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. Provide support and guidance as needed for audit deliverables.

Hybrid – Reading

36 hours a week.

What you should bring to the role

• Accounting qualification (ACA, CIMA, ACCA or equivalent).
• Extensive financial and analytical experience.
• Good understanding of accounting best practices and technical requirements.
• Strong Excel skillset and analytical abilities required; solid modelling and/or database skills are preferable.
• Excellent knowledge of providing financial insight, preparing annual plans, and forecasts.
• Collaborative work style, good relationship‑building capabilities.
• Highly effective communication skills (listening and presenting ideas).

Additional skills and experiences would be great to have/bring

• Experience in large/complex organisations (including matrix ways of working).
• Experience in leading a team.
• Experience in similar organisations with finance teams responsible for managing and operating large capex programmes.
• Business partnering, accounting experience of working with senior managers/directors.

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.

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.

Real purpose, real support, real opportunities. Come and join the Thames Water family.