Record to Report (R2R) Accountant

Record to Report (R2R) Accountant Powered by Water, Driven by Purpose At Pennon Group, we’re proud to serve communities while protecting the environment. Together with our subsidiaries, South West Water, Bristol Water, Bournemouth Water, SES Water, Pennon Water Services and Pennon Power, we’re leading the way in water and renewables. We’re proud to be recognised as a leader in the UK water sector, working towards a greener future. Our goals? As well as lowering our carbon footprint, we’re working with partners to plant 300,000 trees, restore peatlands and supporting farmers and landowners to improve water quality and wildlife. Whether you’re starting out or seeking a new challenge, our scale and ambition create opportunities for you to shape your own career. Ready to make a splash? Join our team today. Record to Report (R2R) Accountant As an R2R Accountant, you’ll ensure the integrity, accuracy, and timeliness of our financial reporting. You’ll be pivotal in reviewing the company’s financial position, maintaining robust documentation, and ensuring compliance with accounting standards. This role requires technical accounting skills, a thorough understanding of financial processes and effective communication with stakeholders. Your technical expertise will support both monthly operations and strategic financial decision-making. Key Deliverables Complete the monthly, half-yearly and annual close processes for Pennon Group companies, ensuring timely and accurate financial statements. Controlling month-end procedures for Pennon Group PLC holding company, including reconciliations and resolving discrepancies. Ensure compliance with accounting principles, regulations, and internal policies. Implement and maintain internal controls to safeguard financial data accuracy. Collaborate with cross-functional teams to gather reporting and analysis information. Identify process improvement opportunities within the R2R function and across the finance function. Stay updated on changes to accounting standards and regulations. Required Experience & Skills Extensive accounting experience, including transactional accounting. Strong analytical and problem-solving skills, with an eye for process improvement. Excellent communication skills to extract and document complex financial information. Sound knowledge of GAAP and financial reporting standards. Proficiency in accounting software. Qualifications Required: ACA, ACCA, CIMA, or equivalent financial qualification. Desirable: Strong Microsoft Office and IT skills. What Success Looks Like Motivated by process improvement and working in a compliant, controlled environment. Delivering detailed, accurate outputs within tight month-end deadlines. Embodying Pennon’s core values: Rock Solid, Be You, Be the Future . At Pennon, we believe in rewarding our people for their hard work and dedication. As our R2R Accountant, you'll enjoy: Competitive Salary – Based on experience and skills Annual Bonus Scheme – Rewarding your performance Pension Scheme – Helping you plan for your future Healthcare Benefits – Access to private healthcare and employee assistance programs Professional Development – Support for career growth with training opportunities Employee Discounts – On various products and services Generous Annual Leave – Take time to recharge with our holiday entitlement Closing Date: 17th June 2026 We may close this vacancy early if we receive a high volume of applications. We encourage you to apply as soon as possible. Please note that the successful candidate will be subject to a mandatory DBS check as part of the on-boarding process. Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness. Our core values, which are essential to our success, are: Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on. Be You - We want you to bring your best everyday. Be yourself and make your mark in your individual way. Be the Future - Embrace change. Drive Progress. Own the challenge. Division South West Water Department Business, Corporate and Support Functions Locations Exeter (Peninsula House) Remote status Hybrid Employment type Full-time About South West Water We look after the water and wastewater services for 1.8 million customers across Cornwall, Devon, the Isles of Scilly and parts of Dorset and Somerset. From treatment and maintenance, to innovation and improvements, we're busy every day finding and fixing leaks, unblocking sewers and going bigger and further in our environmental work to be a company you can be proud of.