Management Cost Accountant

Northumbrian Water; Durham; Hybrid; GBP 40,000 - 47,000; Full time

Job summary

A leading company in water services is seeking a Management Cost Accountant to join their Finance Business Partnering Team. This role involves preparing month-end accounts, financial analysis, and supporting strategic decision-making. The ideal candidate will be a qualified accountant with experience in stakeholder engagement and financial data interpretation. The company values diversity and inclusion, offering a supportive work environment and numerous benefits.

Benefits

Generous holiday entitlement starting at 26 days

Company pension scheme with up to 11% employer contribution

Free access to local attractions

Discount scheme on days out, shopping, travel

Wellbeing support, including digital GP services

Sustainable travel support

Financial wellbeing support

Development opportunities and professional subscriptions

Qualifications

• Proven experience in a complex financial organization.
• Experience in preparing management accounts and business cases.

Responsibilities

• Prepare month-end accounts and reporting.
• Lead month-end accounting processes and perform financial reviews.
• Evaluate financial risks and develop mitigation strategies.

Skills

Financial Analysis

Stakeholder Engagement

Change Management

Communication

Data Interpretation

Education

ACCA

CIMA

ACA

Job description

Management Cost Accountant – Known internally as Assistant Finance Business Partner

Full Time

Permanent

Salary – up to £46,685 depending on experience

Location – Durham/Homeworking

Closing date 25th May 2025. Interviews will begin WC 2nd June 2025.

About the role

Join our Finance Business Partnering Team to work closely with specific business areas, fostering active partnerships between operations and management. Your responsibilities will include preparing month-end accounts, reporting, insightful analysis, annual budgeting, and monthly forecasting.

You will build trusted relationships with business leaders, supporting them in managing daily financial decisions through ongoing support and financial data analysis.

Lead month-end accounting processes, perform financial reviews, provide variance analysis, and suggest improvements. You will also support strategic decision-making with financial planning and scenario analysis, assist in business case preparation, and monitor change performance through reporting and post-implementation reviews.

Evaluate financial risks, develop mitigation strategies, and identify opportunities for improvements and cost savings, including maintaining financial reports and dashboards.

About you

We seek a candidate with proven experience in a fast-paced, complex financial organization, delivering accurate results and analysis. Experience in preparing management accounts and business cases is essential.

You should be a qualified Accountant (ACCA/CIMA/ACA) or nearly qualified/qualified by experience.

Experience in stakeholder engagement, change management, financial analysis, and translating financial data for non-financial managers is required. Excellent communication and data interpretation skills are essential.

Additional Information

We value Diversity, Inclusion, and Equity. Our networks include Rainbow Support, REACH, WiSTEM, and Thisability, fostering an inclusive environment. We encourage applications from all backgrounds.

This role requires a DBS check prior to employment. NWG supports offender rehabilitation and considers candidates with certain unspent convictions to ensure a safe working environment.

About us

Northumbrian Water Group (NWG) aims to be a great place to work, embracing diversity and inclusion. We provide reliable water and wastewater services, operating efficiently and sustainably to serve our communities now and in the future.

Our vision is to be the national leader in sustainable water and wastewater services, guided by our core values.

Benefits

• Generous holiday entitlement starting at 26 days, plus bank holidays, Christmas Eve, and New Year’s Eve off, with holiday buy/sell options.
• Company pension scheme with up to 11% employer contribution.
• Free access to local attractions.
• Discount scheme on days out, shopping, travel, and more.
• Wellbeing support, including digital GP services.
• Sustainable travel support via salary sacrifice cars and cycle schemes.
• Financial wellbeing support, including savings schemes, education, low-cost loans, Life Assurance, and Income Protection.
• Development opportunities, professional subscriptions, and interest-free qualification loans.