Capital Accountant (Fixed Assets)

  • Job Reference: R27235
  • Date Posted: 5 July 2024
  • Employer: Anglian Water
  • Location: Huntingdon, Cambridgeshire
  • Salary: £50,000 to £55,000
  • Sector: Accounting & Finance
  • Job Type: Contract
  • Duration: 12 months
  • Work Hours: Full Time

Job Description

Circa £50,000 - £55,000 per annum Depending on Skills and Experience

​​Full time/37 hrs a week/12 Month Fixed Term Contract

Location: ​Huntingdon/Peterborough & Home Working

​​Anglian Water offers a flexible approach; this role provides you with the opportunity to combine working from home and from an Anglian Water office. Your base location would be Lancaster House in Huntingdon.​

​​Make every drop of your potential count. Join our team!

​​Join our Capital Accounting team, where you will be responsible for interpreting, understanding, and applying all relevant statutory and regulatory financial requirements related to fixed asset accounting, capital expenditure, and the recording, reporting, and reconciliation of grants and contributions.

Your role will involve the completion of regulatory returns concerning tangible and intangible fixed assets and grants and contributions for Annual Performance Reporting, Price Reviews, and other regulatory consultations, ensuring compliance with regulatory accounting guidelines. Additionally, you will manage the weekly, monthly, and annual system processes related to capital expenditure and asset accounting, and provide support to, and deputise for, the Capital Accounting Process Manager.​

As a valued employee you'll be entitled to:

​​-Competitive pension scheme - Anglian Water double-matches your contributions up to 6%

-Personal private health care

-Annual bonus scheme

-26 days leave, rising with service + Bank Holidays, with the option to swap Christmas and Easter holidays for those celebrated by your religion

-Life Cover at 8x your salary

-Personal Accident cover - up to 5x your salary

-Flexible benefits to support your wellbeing and lifestyle

-Lots of great benefits including 20% off new EE mobile contracts, discounted cinema tickets and a Cycle2Work scheme

-Free parking at all offices, site and leisure parks

-Excellent family friendly policies, such as 26 weeks full pay for maternity / adoption leave, as well as 4 weeks paternity / partner pay. Opportunity for shared parental pay.

What you'll be doing:

​​- Owning, developing and producing reconciliations, reports and schedules in relation to asset accounting, contribution and investment programme expenditure reporting in line with demanding deadlines

- Be first point of contact for asset and contribution accounting for the company (120,000 assets, net book value £11bn, annual depreciation £350m, £100m capital contributions)

- Own and manage the Asset Accounting and Project Systems modules in SAP, and the associated equivalents in Tagetik, providing direction around its configuration, understanding its complexity and helping to develop enhancements

- Owning and completing period end close down for fixed assets and project systems

- Ensuring fixed asset data is to an accurate and auditable standard, while looking for continuous improvement

- Commission and decommission assets, advising, directing and liaising with all levels of the wider business to ensure compliance, accuracy and understanding of requirements

- Calculation and provision of information and analysis of fixed assets for current cost and historic cost purposes for Statutory and Regulatory reporting

What does it take to be successful?

​​- Professional accountancy qualification (ACCA, CIMA etc.)

- Detailed understanding of IFRSs and water regulatory accounting standards relating to capital expenditure, asset accounting and revenue reporting

- Working knowledge of SAP, especially Asset Accounting, Project Systems and FI/CO

- Excellent IT skills, including MS Office applications

- Detailed financial awareness, especially of the capital investment and management process, the capitalisation policy and grants and contributions

- Strong and proven prioritising and decision-making skills​

Inclusion at Anglian Water:

​​Join us and make a difference. Our customers come from a wide range of backgrounds, and we think our workplace should reflect that. We are committed to making sure all our colleagues feel they belong and are supported to succeed. Together with our fellow water companies, we are committed to the Social Mobility Pledge; we are also a signatory to Business in the Community's Race at Work charter; we hold the Armed Forces Gold Covenant for Employers; we are an accredited Disability Confident employer and we play a leading part in the Women's Utility Network. ​

Closing date: ​19/07/2024