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Management Accountant (Welsh Water)

Date:  26-Nov-2022
Company:  DWR Cymru Cyfyngedig Welsh Water Plc
City:  Cardiff

Cardiff, Wales, GB, CF3 0LT

Job Requisition Number                              3766                                                                              
Work Type Permanent
Job Function Finance
Salary Range

£36,062.00 -£41,222.00 

+ annual salary uplift

+ annual cost of living increase + bonus


Closing Date

South East Hub  Cardiff / Hybrid flexible Working

There is no set closing date for this role. We will review applications on a weekly basis. We request that you kindly submit your application ASAP.


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.



What you’ll be responsible for


The role will be responsible for delivering complete, accurate and timely month end financial processes for specific enabling service areas. Ensuring accuracy of technical financial treatment with a true and fair view of financial performance whilst maintaining compliance with Welsh Water’s financial policies, procedures and controls.

•    Prepare and post monthly accounting journals and regular accruals into SAP for month end activities. Complete a variety of cost reconciliations and some balance sheet reconciliations.

•    Production of accurate and timely information, including month end close and reporting to support decision making and compliance in the business. This will include variance analysis and commentary to the business along with being involved in business cost review meetings.
•    Work closely with the business and/ or enabling services to prepare and complete financial plans (budgets and run rates) including organising and leading business planning sessions.
•    Provide detailed analysis and understanding cost drivers and areas of controllable expenditure with focus on the efficiency of the operation, base level costs and cost trends and developments in the external environment.
•    Support the Regulatory reporting and budgetary processes.
•    Work with external and internal audit teams as required annually and from time to time.
•    Support and work within your direct team to identify and improve or remove inefficient processes.
•    Undertaking any other duties as required to meet the needs of the business.

Who you’ll work with




  • Senior Management Accountant
  • Business Unit Financial Controllers
  • Business Unit Management Accountants
  • Financial & Regulatory Accountant
  • Catchment and Operational Management teams


About you



•    ACCA or CIMA (finalist or qualified)



•    Working with SAP or a similar ERP system (e.g. Oracle)
•    Working in a team and supporting a broader finance function
•    Prioritising competing demands and working with different stakeholders to manage expectations
•    Experience in a similar role requiring posting journals, reconciling cost and balance sheet accounts and producing and reviewing reports with budget holders is desirable.


Knowledge & Skills:


  • The drive and energy to produce excellent results and to continually find ways of improving relationships, outputs and processes.
  • The tolerance for and ability to handle detail. The ability to be able to analyse, understand and produce detailed information accurately.
  • 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.
  • Team oriented, collaborative, tactful, and flexible with good oral and writing capabilities.


Good to know


Hybrid Working


For an informal discussion about this role, please contact:


Please note, we may close this role sooner if required. We may also extend the original closing date depending on interest.




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:


•    Variable pay schemes (your salary will always stay the same, but depending on the performance of the company you could receive a yearly bonus)
•    Enhanced employer pension contributions – Up to 11% employer contributions
•    Enhanced family friendly policies
•    Progression opportunities, including the ability to apply for funded training and coaching and mentoring programmes
•    Reduction on gym memberships and high street shopping
•    Cycle to work scheme
•    Car-leasing scheme
•    Health Cas hBack scheme
•    An employee assistance programme for employees and their immediate family


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.







Dŵr Cymru Cyf, a limited company registered in Wales No. 2366777. Registered office: Linea, Fortran Road, St. Mellons, Cardiff CF3 0LT

© Dŵr Cymru Cyf 2019.

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