Group Financial Reporting & Regulatory Accounting Manager

Group Financial Reporting & Regulatory Accounting Manager

37 Hours

Permanent

Salary from £85,000 - £95,000 depending on experience

Location Pity Me, Durham

We’re open to discussing flexible working

About the role

We have an exciting new opportunity for a Group Financial Reporting & Regulatory Accounting Manager, playing a pivotal role in shaping the financial and regulatory landscape of Northumbrian Water Group. The role offers potential for future career progression within our Finance Leadership team.

Reporting to the Group Financial Controller, you will lead the delivery of high-quality financial and regulatory reporting, ensuring compliance with Ofwat and other regulatory bodies, while also supporting strategic decision-making at the highest levels.

This role combines technical expertise with strategic foresight, requiring you to manage complex financial models, oversee statutory and shareholder reporting, and act as a key liaison between finance, regulatory teams, and external stakeholders.

You will also lead a high-performing team, drive continuous improvement in financial processes, and contribute to the company’s long-term financial planning and governance. Your insights will directly influence regulatory strategy, credit rating discussions, and the financial performance of the Group.

About you

We are looking for someone who is a highly credible and experienced finance professional with a strong background in financial reporting, regulatory compliance, and strategic financial management.

With a strong background of working in a senior leadership role, you will bring a deep understanding of UK and IFRS frameworks, ideally within a regulated environment.

You are a confident communicator, capable of influencing senior stakeholders and external bodies such as Ofwat and Deloitte.

We are looking for you to have exceptional analytical skills, and you are adept at presenting complex financial information clearly and persuasively.

You are someone who thrives under pressure, able to manage multiple priorities with resilience, and lead with integrity and vision.

As a dynamic and commercially astute leader, you are passionate about developing your team and ensuring robust financial governance across the organisation. You will play a key role in our ERP transformation journey, helping to implement best-in-class systems that support our strategic goals. This includes embracing cutting-edge digital technologies such as artificial intelligence and automation to drive innovation in reporting.

Here at Northumbrian Water/Essex & Suffolk Water, we embrace and value Diversity, Inclusion and Equity, and encourage all colleagues to bring their most authentic self to work.

Our colleague network groups include our Rainbow Support Network (LGBTQIA+), REACH (Race, Ethnicity, and Cultural Heritage), WiSTEM (Women in STEM) and Thisability (disability and neurodiversity) networks. They provide a safe space for colleagues from diverse backgrounds, welcoming all colleagues regardless of their personal characteristics to participate in valuable conversation that improves our organisational awareness, understanding and inclusivity.

We encourage and welcome all applications, as we strive to be an equal opportunity employer, committed to having diverse communities represented within all our teams, structures, and organisation. 

Please note this role will require a DBS to be completed prior to employment

NWG are an inclusive employer who support the rehabilitation of offenders, we will not, however consider candidates who have certain unspent convictions to ensure our commitment to fostering a safe and secure working environment for all OR colleagues, suppliers, customers and third parties.

About us

Here are NWG we strive to make Northumbrian Water Group (NWG) a Great Place to Work, for all. We embrace and value Diversity, Inclusion and Equity and encourage you to bring your full self to work. As an equal opportunity employer we’re committed to having a diverse community represented across our business.

We’re aware that not everyone will have every skill listed in the job description, however if you have some of the skills listed, we'd encourage you to apply

NWG at a glance:

Our purpose at NWG is caring for the essential needs of our communities and environment, now and for generations to come.

We do this by providing reliable and affordable water and wastewater services for our customers.

We make a positive difference by operating efficiently and investing prudently, to maintain a sustainable and resilient business.

Our vision is to be the national leader in the provision of sustainable water and wastewater services. To support us in achieving our vision, we have five core values which are the guiding principles, defining who we are, what we do and how we do it.

Our benefits

We’re a Great Place to Work because of the amazing people who work for us, and to say thank you we offer a range of benefits to colleagues. Our ‘Tap Into’ benefits include:

• Generous holiday entitlement starting at 26 days, plus bank holidays and additional time off on Christmas Eve and New Year’s Eve. There’s also the option to buy or sell holidays.
• Company pension scheme, where we’ll double match your contributions up to an employer contribution of 11%.
• Free access to local attractions.
• A fantastic discount scheme, with savings on days out, shopping, travel and more.
• Award winning ‘Living Well’ wellbeing support, including access to a digital GP service for you and your family members.
• Support with sustainable travel – through salary sacrifice cars and a cycle to work scheme.
• Financial wellbeing support – access our community savings scheme, financial education and low cost loans through Salary Finance. We also provide 4 x Life Assurance and an Income Protection Scheme.
• Support with your development – we offer a range of development opportunities, can support you through an interest free qualification loan and we’ll even pay for any relevant professional body subscription.