Fixed Asset Accountant

Anglian Water Services Ltd; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading UK water utility provider is seeking a Fixed Asset Accountant to manage reporting for a £6 billion Capex plan. The role involves overseeing 120,000 assets, ensuring compliance with accounting standards, and preparing for audits. Candidates must have a professional accountancy qualification and strong financial awareness. This position offers a competitive pension scheme, private healthcare, an annual bonus, and flexible benefits, along with 26 days holiday increasing with service.

Benefits

Competitive pension scheme

Private healthcare

Annual bonus scheme

Volunteer opportunities

26 days holiday

Life cover

Flexible benefits

Paid time off for illness

Free parking

Family-friendly policies

Qualifications

• Detailed understanding of IFRSs and regulatory accounting standards.
• Experience in asset accounting and capital expenditure.
• Knowledge of Capitalisation Policy compliance.

Responsibilities

• Ensure effective reporting of the £6bn Capex plan.
• Own and produce reconciliations and reports for asset accounting.
• Manage the Asset Accounting and Project Systems modules.

Skills

Strong financial awareness

Proven prioritising and decision-making skills

Ability to challenge constructively

Education

Higher qualification (Degree, HNC, etc.)

Professional accountancy qualification (ACCA, CIMA, etc.)

Tools

SAP

Tagetik

Job description

As a Fixed Asset Accountant within the Finance team, you will play a pivotal role in ensuring the effective reporting of our £6bn Capex plan in AMP 8. This highly visible position involves working closely with key investment committees and supporting the business to ensure assets are financially commissioned on time and accurately reported in our systems. You will be at the forefront of maintaining best practice and statutory compliance, combining technical expertise with business acumen. You will be responsible for statutory reporting, compliance with accounting policies, managing accounting systems, and supporting audits. The role requires a proactive approach to continuous improvement, particularly in Health & Safety, and offers the opportunity to work with a wide range of internal and external stakeholders, including Finance Business Partners, Project Managers, and External Auditors.

• Own, develop, and produce reconciliations, reports, and schedules for asset accounting and investment programme expenditure, meeting demanding deadlines.
• Act as the first point of contact for asset and contribution accounting, overseeing 120,000 assets with a gross book value of £10bn.
• Complete period‑end close down for fixed assets and project systems, and support Group Tax with HMRC submissions and enquiries.
• Ensure compliance with the Capitalisation Policy and interpret accounting standards for capital expenditure, assets, and grants.
• Manage the Asset Accounting and Project Systems modules in SAP and Tagetik, providing direction on configuration and enhancements.
• Prepare and provide complex information for statutory and regulatory audits, ensuring data is accurate and auditable.
• Drive a culture of continuous improvement in Health & Safety, maintaining compliance with all relevant standards and procedures.
  Appropriate higher qualification (Degree, HNC, etc.), preferably in finance.
• Professional accountancy qualification (ACCA, CIMA, etc.).
• Detailed understanding of IFRSs and regulatory accounting standards related to capital expenditure, asset accounting, and revenue reporting.
• Strong financial awareness, especially regarding capital investment, capitalisation policy, and grants.
• Proven prioritising and decision‑making skills.
• Ability to challenge constructively and deliver information clearly and concisely.
  A competitive pension scheme where we double‑match your contributions up to 6%
• Private healthcare for your peace of mind.
• An annual bonus scheme.
• The opportunity to volunteer in your local community.
• 26 days holiday (plus Bank Holidays), increasing with service, with the option to swap Christmas and Easter for religious holidays.
• Life cover (8× your salary) and personal accident cover (up to 5× your salary).
• Flexible benefits to support your well‑being and lifestyle.
• Paid time off for illness, both physical and mental.
• Free parking at all office locations, sites, and leisure parks.
• Excellent family‑friendly policies, including 26 weeks of full pay for maternity/adoption leave and 4 weeks of paternity/partner pay, with the opportunity for shared parental leave.