Treasury Controller

Thames Water; Reading; Hybrid; GBP 85,000; Full time

Job summary

A leading water services provider in the UK seeks a Treasury Controller to manage accounting for treasury transactions and produce financial statements. Ideal candidates will have an ACCA/ACA qualification and experience in treasury. This role offers a competitive salary and excellent benefits including annual leave, car allowance, and private medical care. Join a diverse team dedicated to making a positive impact in the community.

Benefits

Competitive salary

Annual Leave - 26 days

Car Allowance - £5,800

Annual Bonus - up to 25%

Private Medical Health Care

Contributory pension up to 12%

Personal Medical Assessments

Well-being benefits

Qualifications

• A professionally qualified ACCA/ACA with extensive relevant experience.
• Ability to work collaboratively with Treasury and finance functions.
• Hands-on involvement in the delivery of tasks.

Responsibilities

• Leading a small team for accurate treasury transaction accounting.
• Budgeting and forecasting interest, debt, and cash positions.
• Preparation of IFRS financial statements and disclosures.

Skills

Excellent Excel skills

Team management skills

Attention to detail

Communication skills

Education

ACCA/ACA qualification

Tools

Treasury Management Systems

SAP/HFM

Job description

Overview

We have a high-profile opportunity for a Treasury Controller who will be an influential member of the team and the key accounting specialist within the Treasury. This is a varied role in a large organisation with debt obligations of over £16 billion, making us a top 3 corporate debt issuer in the sterling bond market, with annual group interest costs of £500 million and a complex derivatives portfolio with a notional value of over £12 billion. This makes us one of the most significant corporate users of derivatives in the UK.

Whilst fully embedded in the Group Treasury team, reporting to the Group Treasurer, you will have a close and cooperative relationship with Financial Reporting and Tax colleagues as well as external auditors. You will manage and develop a team to facilitate the completion of team deliverables. You will produce management judgement papers, analytical reviews and Board papers.

Responsibilities

• Leading a small team to manage the accounting and reporting for treasury transactions, to ensure they are reflected accurately in the interim and annual financial statements, including disclosure.
• Keep abreast of IFRS accounting rules and ensure that the Treasury Management system correctly produces the accounting entries for the transactions for our extensive debt and derivatives portfolio, including intercompany loans.
• Responsible for budgeting and forecasting interest, debt and cash positions for balance sheet and income statement purposes, explaining variances. Prepare related regulatory accounting reports.
• Half-year and year-end reporting, including preparation of IFRS financial statements and notes/disclosures for stand-alone and consolidated financial statements.
• Responsible for Group Treasury Annual Budget and Periodic Forecasts, including the monthly Treasury reporting pack.
• Liaison with internal and external auditors, including preparation of management judgement papers and collaboration with the Group Financial Accounting team and Tax team on common goals.

What you should bring to the role

• A professionally qualified ACCA/ACA, with extensive relevant experience.
• Excellent Excel skills and familiarity with Treasury Management Systems and accounting systems, e.g., SAP/HFM, would be a benefit.
• Has an interest in Treasury with an enthusiasm to learn more.
• Able to undertake hands-on involvement in the delivery of tasks.
• Displays accuracy and attention to detail.
• Be able to work collaboratively as “one team” with Treasury colleagues and other finance functions.
• Possesses strong communication and team management skills, maintaining and building robust relationships with a variety of key internal and external stakeholders.

Location

Hybrid, Reading up to twice a week.

What’s in it for you?

An opportunity to join a company that offers its employees a rewarding career path, allowing individuals to reach their full potential. This is an exciting time to join Thames Water as we continue to deliver our innovative turnaround plan.

• Competitive salary of circa £85,000 per annum, depending on experience.
• Annual Leave - 26 days holiday per year, increasing to 30 with the length of service. (Plus bank holidays)
• Car Allowance - £5,800.
• Annual Bonus - up to 25% of base salary.
• Private Medical Health Care.
• Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
• Personal Medical Assessments – Open to all once a year.
• Access to benefits to help you take care of your and your family’s health and well-being, and your finances – from annual health MOTs and access to physiotherapy and counselling, to 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, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people, and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Learn more about our purpose and values

Working at Thames Water

Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits.

If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.

Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know, we’re here to help and support.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.