Group Financial Reporting & Regulatory Accounting Manager

Northumbrian Water; North East; On-site; GBP 85,000 - 95,000; Full time

Job summary

Northumbrian Water seeks a Group Financial Reporting & Regulatory Accounting Manager to oversee financial and regulatory reporting and ensure compliance with regulatory bodies. This pivotal role in the finance leadership team offers opportunities for career advancement and requires strong expertise in UK and IFRS frameworks.

Benefits

Generous holiday entitlement starting at 26 days

Company pension scheme with double matching contributions

Free access to local attractions

Living Well wellbeing support

Support with sustainable travel

Qualifications

• Experienced finance professional with a strong background in financial reporting and regulatory compliance.
• Excellent analytical skills and capability to present financial information clearly.
• Experience in senior leadership roles within a regulated environment.

Responsibilities

• Lead delivery of high-quality financial and regulatory reporting.
• Manage complex financial models and oversee statutory reporting.
• Drive continuous improvement in financial processes and lead a high-performing team.

Skills

Financial Reporting

Regulatory Compliance

Strategic Financial Management

Analytical Skills

Communication

Education

Experience in regulated environment

Deep understanding of UK and IFRS frameworks

Job description

Group Financial Reporting & Regulatory Accounting Manager

Recruiter Northumbrian Water

Location Durham, United Kingdom

Salary Between £85,000 and £95,000 depending on experience

About the role

Group Financial Reporting & Regulatory Accounting Manager

37 Hours

Permanent

Salary from £85,000 - £95,000 depending on experience

Location Pity Me, Durham

We're open to discussing flexible working

About the role

We have an exciting new opportunity for a Group Financial Reporting & Regulatory Accounting Manager, playing a pivotal role in shaping the financial and regulatory landscape of Northumbrian Water Group. The role offers potential for future career progression within our Finance Leadership team.

Reporting to the Group Financial Controller, you will lead the delivery of high-quality financial and regulatory reporting, ensuring compliance with Ofwat and other regulatory bodies, while also supporting strategic decision-making at the highest levels.

This role combines technical expertise with strategic foresight, requiring you to manage complex financial models, oversee statutory and shareholder reporting, and act as a key liaison between finance, regulatory teams, and external stakeholders.

You will also lead a high-performing team, drive continuous improvement in financial processes, and contribute to the company's long-term financial planning and governance. Your insights will directly influence regulatory strategy, credit rating discussions, and the financial performance of the Group.

About you

We are looking for someone who is a highly credible and experienced finance professional with a strong background in financial reporting, regulatory compliance, and strategic financial management.

With a strong background of working in a senior leadership role, you will bring a deep understanding of UK and IFRS frameworks, ideally within a regulated environment.

You are a confident communicator, capable of influencing senior stakeholders and external bodies such as Ofwat and Deloitte.

We are looking for you to have exceptional analytical skills, and you are adept at presenting complex financial information clearly and persuasively.

You are someone who thrives under pressure, able to manage multiple priorities with resilience, and lead with integrity and vision.

As a dynamic and commercially astute leader, you are passionate about developing your team and ensuring robust financial governance across the organisation. You will play a key role in our ERP transformation journey, helping to implement best-in-class systems that support our strategic goals. This includes embracing cutting-edge digital technologies such as artificial intelligence and automation to drive innovation in reporting.

Here at Northumbrian Water/Essex & Suffolk Water, we embrace and value Diversity, Inclusion and Equity, and encourage all colleagues to bring their most authentic self to work.

Our colleague network groups include our Rainbow Support Network (LGBTQIA+), REACH (Race, Ethnicity, and Cultural Heritage), WiSTEM (Women in STEM) and Thisability (disability and neurodiversity) networks. They provide a safe space for colleagues from diverse backgrounds, welcoming all colleagues regardless of their personal characteristics to participate in valuable conversation that improves our organisational awareness, understanding and inclusivity.

We encourage and welcome all applications, as we strive to be an equal opportunity employer, committed to having diverse communities represented within all our teams, structures, and organisation.

Please note this role will require a DBS to be completed prior to employment

NWG are an inclusive employer who support the rehabilitation of offenders, we will not, however consider candidates who have certain unspent convictions to ensure our commitment to fostering a safe and secure working environment for all OR colleagues, suppliers, customers and third parties.

About us

Here are NWG we strive to make Northumbrian Water Group (NWG) a Great Place to Work, for all. We embrace and value Diversity, Inclusion and Equity and encourage you to bring your full self to work. As an equal opportunity employer we're committed to having a diverse community represented across our business.

We're aware that not everyone will have every skill listed in the job description, however if you have some of the skills listed, we'd encourage you to apply

NWG at a glance:

Our purpose at NWG is caring for the essential needs of our communities and environment, now and for generations to come.

We do this by providing reliable and affordable water and wastewater services for our customers.

We make a positive difference by operating efficiently and investing prudently, to maintain a sustainable and resilient business.

Our vision is to be the national leader in the provision of sustainable water and wastewater services. To support us in achieving our vision, we have five core values which are the guiding principles, defining who we are, what we do and how we do it.

Our benefits

We're a Great Place to Work because of the amazing people who work for us, and to say thank you we offer a range of benefits to colleagues. Our 'Tap Into' benefits include:

• Generous holiday entitlement starting at 26 days, plus bank holidays and additional time off on Christmas Eve and New Year's Eve. There's also the option to buy or sell holidays.
• Company pension scheme, where we'll double match your contributions up to an employer contribution of 11%.
• Free access to local attractions.
• A fantastic discount scheme, with savings on days out, shopping, travel and more.
• Award winning 'Living Well' wellbeing support, including access to a digital GP service for you and your family members.
• Support with sustainable travel - through salary sacrifice cars and a cycle to work scheme.
• Financial wellbeing support - access our community savings scheme, financial education and low cost loans through Salary Finance. We also provide 4 x Life Assurance and an Income Protection Scheme.
• Support with your development - we offer a range of development opportunities, can support you through an interest free qualification loan and we'll even pay for any relevant professional body subscription.

About us

NWG (Northumbrian Water Group) provides water and sewerage services to 2.7 million people in the North East of England as Northumbrian Water, and water services to 1.5 million people in the South East of England as Essex & Suffolk Water.

We are proud to serve our customers and we're committed to delivering great service, putting our customers at the heart of everything we do.

Our values

Our values describe our main principles, qualities and attributes. They are the guiding principles which define who we are, what we do and how we do it. They make us different from our competitors and guide our decisions and actions to drive us towards our vision.

Our values are:

Results Driven

We take responsibility for achieving excellent business results.

Ethical

We are open and honest and meet our commitments with a responsible approach to the environment and our communities.

Customer Focused

We aim to exceed the expectations of our internal and external customers.

Innovative

We continuously strive for innovative and better ways to deliver our business.

One Team

We work together consistently, promoting co-operation, to achieve our corporate objectives.

Our gallery

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Colleague benefits

We're the great company we are because of you - our people. As our way of saying thanks, we offer you a wide range of benefits and discounts to take advantage of.

To find out more about our benefits, see our benefits booklet attached to this advert.

Eyecare

Discounted Medicals

Employee Assistance Programme

Cycle2work

Buying & selling annual leave

Long service awards

Salary sacrifice car scheme

Computer
Loans

Award winning wellbeing site

NWG savings scheme

Company pension scheme

Pre-retirement workshops

Life assurance

Christmas savings club

Discounts & cashback offers

Qualification loan

• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.