Are you a qualified Accountant looking to take the next step in your career? Do you want to play a pivotal role in supporting the delivery of strong financial control and reporting for one of the UK’s leading water utility groups?
We have an excellent opportunity for a Financial Accounting Manager to join our Finance team, with a particular focus on SES Water, part of the Pennon Group. This role can be based out of either Exeter or Bristol on a full-time permanent basis. You will receive a competitive salary of £60,000 - £70,000 per annum plus excellent benefits.
You’ll be part of the management of the Financial Control team, where your technical expertise, leadership and insight will significantly contribute to the delivery of the Group’s results. This is a key role in ensuring the integrity of our financial reporting, strengthening internal controls and supporting regulatory compliance as the Group continues to grow.
What you’ll be doing:
Lead Financial Control for SES Water
* Act as the key point of contact for SES Water financial control and the external auditors.
* Manage the provision of financial information for SES Water across monthly, half-yearly, and annual reporting cycles.
* Lead the preparation of statutory accounts for SES Water and support the Group’s consolidated reporting.
Deliver Internal Controls over Financial Reporting (ICoFR)
* Map processes and Risk and Controls Matrices (RACM) for SES Water and manage the annual control testing process.
* Support the roll-out of ICoFR frameworks across the wider Pennon Group, ensuring consistency and compliance.
Collaborate and Influence
* Work closely with finance and business stakeholders to ensure accounting treatments accurately reflect business activity.
* Support implementation of new accounting policies and standards across the Group.
* Provide analysis on the impact of new accounting developments and regulatory changes.
* Support the Head of Finance Control, Reporting & Accounting in producing necessary board papers on financial reporting and technical accounting issues.
Audit, Reporting & Regulatory Compliance
* Lead on the external audit process for SES Water, including planning, deliverables, and resolution of accounting issues.
* Support Group and subsidiary statutory accounts preparation.
* Deliver accurate financial information for inclusion in Ofwat’s Annual Performance Report.
* Review the VAT and Corporation Tax working papers to ensure compliance.
What we are looking for:
You will be ACA/ACCA/CIMA qualified Accountant with extensive experience of preparing financial information in a corporate environment at Group and company level.
You will be fully conversant with reporting under IFRS and able to take technical lead on new standards/issues and possess strong accounting skills including consolidation and group restructuring. If you have a strong understanding of the water sector, this would be advantageous in your application but not essential.
What's in it for you:
In return, we offer an excellent range of benefits including:
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.
* Generous holiday allowance plus bank holidays
* A discretionary Bonus
* Competitive Contributory Pension
* Share-save Scheme
* Wellbeing support programmes
* A range of Group Discounts
* Cycle to Work Scheme
* Financial support services
* And plenty more!
Closing Date: Tuesday 12th November 2025
Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process.
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