Finance Trainee

Pertemps; England; Hybrid; GBP 30,000 - 36,000; Full time

Job summary

A leading recruitment agency is seeking a Finance Trainee to join its dynamic Finance team in Reading. This role offers hands-on experience in treasury, tax, and finance activities. Ideal for recent graduates, the position provides a competitive salary of £35,480 per annum and excellent benefits including generous holiday and pension schemes. Join us to start your finance career in a supportive, impactful environment.

Benefits

26 days holiday, increasing to 30 with service

Generous Pension Scheme

Health and wellbeing benefits

Cycle to Work schemes

Shopping vouchers

Life assurance

Qualifications

• Recent graduates or similarly qualified individuals are encouraged to apply.

Responsibilities

• Assist in daily treasury cash operations.
• Prepare and submit VAT returns to HMRC.
• Support year-end and half-year accounts preparation.
• Monitor departmental invoices.
• Research into technical accounting topics.

Skills

Analytical mindset

Attention to detail

Team player

Effective communication

Good MS Excel skills

Willingness to learn

Enthusiasm for finance

Education

Academic training in a numerate subject

Job description

Join a dynamic and supportive specialist Finance team with debt obligations of over £16bn, annual group interest costs of approximately £500m, and a derivatives portfolio with a notional value of over £10bn as a Finance Trainee. Gain hands-on experience and professional qualifications. This role is ideal for recent graduates or similarly qualified career starters with a keen interest in finance and a desire to develop their finance career in a fast-paced, professional environment.

What you’ll be doing as a Finance Trainee

Treasury activities

• Daily treasury cash operations (including support for holiday cover)
• Weekly bank transaction clearing on SAP to support bank reconciliations
• Development of reports within the Treasury Management System
• Assist in compliance reporting
• Assist in audit point actions, including procedures manuals, and the organisation of Treasury data
• Assist in half-year and year-end financial and regulatory reporting, including interaction with the wider Finance team
• Assist in the preparation of data for investor or shareholder presentations
• Monitor departmental invoices and gain payment approvals
• Monitor debt trading levels and produce analysis and reports

Tax activities

• Support the Indirect Tax Manager in preparing and submitting group-wide VAT returns to HMRC
• Support the Direct Tax Manager in ensuring compliance with tax requirements for contract workers under IR35
• Provide support as required for activities of other members of the tax team

Finance activities

• Preparation of year-end and half-year accounts
• Preparing balance sheet reconciliations and journals
• Financial controls monitoring and reviews
• Supporting the payment of amounts to suppliers
• Supporting regulatory reporting and audit processes
• Research into technical accounting topics
• Supporting financial systems and fixed asset processes
• Providing ad hoc support to the Corporate Finance team

Base location: Reading - Hybrid

Working pattern: 36 Hours

What you should bring to the role

• An analytically minded professional with academic training in a numerate subject
• Strong attention to detail
• Good relationship-building skills, a team player, and an effective communicator
• Good MS Excel skills
• Willingness to learn
• Enthusiasm for pursuing a career in finance

What’s in it for you?

• Competitive salary of £35,480 per annum
• 26 days holiday per year, increasing to 30 with service, plus bank holidays
• Generous Pension Scheme through AON
• Benefits supporting health, wellbeing, and finances, including health MOTs, physiotherapy, counselling, Cycle to Work schemes, shopping vouchers, and life assurance

Find out more about our benefits and perks.

Who are we?

We’re the UK’s largest water and wastewater company, serving over 16 million customers daily. We aim to build a better future for all, supporting our customers, communities, people, and the planet. We seek passionate, skilled individuals committed to making a difference.

Learn more about our purpose and values

Working at Thames Water

Thames Water offers a rewarding, diverse workplace where every day makes a difference. We provide fast-tracked career opportunities, flexible working, and excellent benefits. Whether in call centres or science labs, we look for passionate individuals eager to improve the world’s water resources.

If you’re seeking a sustainable, impactful career, join us to make a difference daily and help protect water for future generations. We support diversity and inclusion and offer assistance throughout the recruitment process. When crises occur, we rally together to support our customers, and you can be part of this impactful team.

Disclaimer: Due to high application volume, we may close the advert early. Apply soon to avoid missing out.