Accounts and Risk Compliance Coordinator

What you’ll be responsible for

You will be an integral member of the corporate finance team where you will be responsible for ensuring compliance with our key controls. You will also provide cover for other roles in times of absence to ensure that our financial records are updated accordingly.
 

This will include 

1.        Administration of procurement cards to ensure compliance with policy and correct reporting of the expenditure. This will involve working closely with the procurement department. 

2.        Supporting the Controls Manager in implementing and sustaining a good control environment, including the monthly Finance Risk and Compliance Committee. Your responsibilities will include, but not limited to, scheduling meetings, gathering meeting documents, taking minutes and following up on any actions that need to be taken, preparing and collating Finance KPI’s. 
3.        Conducting substantive audit checks on the key finance controls to ensure compliance
4.        You will provide cover for the income analyst and admin assistant roles when they are absent and will provide assistance when needed. This will cover, but not limited to; 

•    Posting income related journals, 
•    Posting bank and intercompany transactions,
•    Raising purchase orders and settling invoices,
•    Completing bank reconciliations.

You will update the process notes once you have been taken through each task to ensure that there is documentation available to follow.
    
5.        You will provide cover at the year-end which will include updating year end documentation and schedules, responding to audit queries and scheduling regulatory due diligence meetings. 
    
6.        Collaborate with internal teams and business stakeholders to gather information and document key operational processes and procedures. Regularly review and update process documentation to reflect any changes in workflows, policies or regulations.
7.        Assess and categorise all Infrastructure Renewal Expenditure (IRE) into capital and operational, in line with IFRS principals, by gaining an understanding of the project scope through stakeholder engagement or document review. Update the IFRS IRE data in preparation of the statutory accounts.
8.        By adhering to established processes, identify and assess changes in project scope that may lead to monthly updates in the DG code. Additionally, conduct a high-level review of projects with first-time expenditures for the month and follow up on any discrepancies where the DG code may be incorrect.
9.        Conduct a high-level analysis from a system report detailing project actuals, forecasts and budgets and seek explanations for significant variances from key stakeholders, particularly for projects associated with PCD’s (Price control deliverables)
10.        Assess new projects to determine if they align with the green bond principles and classify them into the appropriate categories.
11.        Provide Adopted Asset information on a half yearly basis of all assets adopted using the latest UCD unit rates in the adopted asset model.
12.        Co-ordinate and collate the information to update the Absorption rate calculation annually.
13.        Providing adhoc support to the wider members of the team when requested.

Who you'll work with

Internal

•    Controls Manager
•    Director of Finance
•    Corporate Finance team
•    Business Unit Financial Controllers and Management Accountants
•    Tax department 
•    Procurement department and Procurement cardholders
•    Capital delivery and Asset strategy team

External
•    Audit

About you

• Over 3 years’ experience in the finance section  
• Previous experience of working in an accounts/bookkeeping role
• Working with SAP or a similar ERP system (Oracle)
• Excellent accuracy and attention to detail 
• Excellent communication skills , both verbally and written form 
• Ability to multitask and proficient in both Word and Excel
• Critical Thinking - The ability to gather, understand, analyse and interpret information & concepts, verbal or numerical, about people or situations, quickly. 
• Initiative - The ability to actively influence events rather than passively accept them. The ability to see opportunities and to act on them, to originate action. 
• Communication skills – The drive and ability to exchange appropriate information with relevant people at the right time. The desire and skills to seek first to understand as well as to be understood. To be as open as confidentiality allows. 
• Resilience – Tenacious and goal orientated with the ability to keep moving forward despite system, people and organisational inertia. 
• Ownership and reliability – The readiness to take responsibility for projects or issues and to be accountable for their timely delivery and quality. The capacity and motivation to fulfil consistently any undertakings made. The habit of never letting people down or promising what can't be done. 
• Teamwork - The belief in the value of synergy; the drive and ability to work with others to achieve a common goal in an optimally effective way 
  
  

Benefits

As well as a market competitive salary, 33 days annual leave (pro rata, including public holidays), we offer a range of employee benefits and rewards including:

 
•             Option to buy additional annual leave up to 5 days per year
•             Enhanced employer pension contributions – Up to 11% employer contributions
•             Free Mortgage Brokering Services 
•             Enhanced family friendly policies
•             Progression opportunities, including the ability to apply for funded training and coaching and mentoring programmes
•             Gym and fitness discounts as well as high street shopping
•             Cycle to work scheme
•             Discount off all Welsh Water visitor attraction centres and gift shops
•             Car-leasing scheme and free on-site parking at all sites
•             Health CashBack scheme and access to an online GP service
•             An employee assistance programme for employees and their immediate family
•             Many more can be found here!  

 
 
Whilst also working for a not-for profit company that truly cares about earning the trust of customers everyday, and about looking after our beautiful environment
 
 
Please note, we may close this role sooner if required. We may also extend the original closing date depending on interest.
 
Due to the nature of the industry, we require satisfactory references, post offer medical clearance, and a criminal records Basic Disclosure check on all new employees joining the business. For some roles there may be additional checks and security clearance required, and this offer is subject all checks being satisfied. You will receive further information on how to complete these checks via email once you have accepted this offer.

Who we are

Dŵr Cymru Welsh Water keep 3 million people healthy each day with safe, reliable water, and take away wastewater to clean, before returning it safely to our beautiful rivers and seas.

To be able to deliver high quality, essential services which help to protect the health of our customers, colleagues and our environment, we need the right people to deliver on our vision.  This is achieved by living our core values and demonstrating the core behaviours that underpin them.  The security of our people, assets and information is key to us, so we are looking for people who understand and comply with the company’s required security objectives.

We know that the most successful teams are the most diverse teams. Equality, diversity and inclusion provide the very foundation to our culture at Welsh Water. We want every individual to feel confident, proud and able to bring their whole selves to work. 

To ensure an improved representation in our workforce, applications are particularly welcome from minority groups including Black, Asian and Minority Ethnic people, Females, LGBT+, Non-binary and people with disabilities. Together we continue to build a workplace that not only celebrates the diverse voices of our colleagues but also represents each customer we serve.

In essence, ours is a company based on trust, openness, respect, commitment and honesty. A company that our colleagues are proud to work for.