Record to Report Accountant

South West Water; Exeter; On-site; GBP 45,000 - 52,000; Full time

Job description

At South West Water we believe that the strongest businesses are built on solid, stable foundations - with a vision and a culture that gives them the freedom to change, improve and innovate.

We’re proud to be responsible for providing reliable, efficient and high-quality drinking water and wastewater services for the beautiful South West area.

And we have huge ambitions.

Not only are we committed to reaching net-zero by 2030, but we’ve also partnered with Wildlife Trusts, National Parks and local partners to help ensure a better future for generations to come.

So, if you want to be part of a diverse team where opportunities flow and fresh ideas are welcomed, #JustAddWater.

Do you want to apply your financial experience in a fast paced and rewarding role? Have you got what it takes to join a dedicated and collaborative team, providing crucial support to the whole company?

We currently have an opportunity for a R2R Accountant to join our team based in Exeter. Joining us on a full-time permanent basis, you will receive a competitive salary of £45,000 - £52,000 per annum plus excellent benefits.

About the role

The Record to Report (R2R) Accountant is responsible for overseeing the record-to-report process, ensuring accurate and timely financial reporting, compliance with accounting standards, and the integrity of financial statements. This role requires leadership, technical accounting skills, and a thorough understanding of financial processes.

What you'll be doing:

• Oversee the end-to-end record-to-report process, including the capital accounting function, journal entries, reconciliations, and financial reporting.
• Ensure compliance with accounting principles, regulations, and internal policies.
• Lead the monthly, quarterly, and annual closing processes, ensuring timely and accurate financial statements.
• Review and approve journal entries and account reconciliations prepared by team members.
• Implement and maintain internal controls to ensure the accuracy and reliability of financial data.
• Collaborate with cross-functional teams to gather necessary information for reporting and analysis.
• Prepare financial reports and presentations for management, highlighting key insights and variances.
• Manage and mentor a team of accountants, providing guidance on complex accounting issues and professional development.
• Identify opportunities for process improvements and efficiencies within the R2R function.
• Stay updated on changes in accounting standards and regulations to ensure compliance.

What we are looking for:

• Financial qualification (ACA, ACCA, CIMA or equivalent)
• Extensive experience in accounting, with a focus on the record-to-report process.
• Strong knowledge of GAAP and financial reporting standards.
• Proven leadership skills with experience managing a team.
• Excellent analytical and problem-solving abilities including process improvement.
• Strong communication skills, with the ability to present financial information clearly to various stakeholders.
• Proficiency in accounting software.

Salary: £45,000 - £52,000 a year

We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us. We’re one of the largest companies in the South West and are proud to have been awarded Investors in People recognition. In return, we offer an excellent range of benefits including:

• 26 days holiday allowance rising to 30 days with service plus bank holidays
• A discretionary Bonus
• Competitive Contributory Pension
• Share-save Scheme
• Various health benefits
• Wellbeing support programmes
• A range of Group Discounts
• Cycle to Work Scheme
• Financial support services
• And plenty more!

Process improvement is a key part of this role along with a desire to work in a compliant, control environment, providing detailed, accurate outputs in a timely manner. If this sounds like the role for you apply now.

Closing Date: 8th May 2025

Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness.

Our core values which are essential to our success are:

• Be Rock Solid: Build trust and be trusted. Be the one we all look to and can depend on.
• Be You: We want you to bring your best every day. Be yourself and make your mark in your individual way.
• Be the Future: Embrace change. Drive Progress. Own the challenge.