Record to Report Accountant

2 weeks ago

Exeter, Devon, United Kingdom South West Water Full time £40,000 - £60,000 per year
At Pennon Group, we're proud to be leading the way in the water and renewables industries. Alongside our subsidiaries - South West Water, Bristol Water, Bournemouth Water, SES Water, Pennon Water Services and Pennon Power - we're committed to delivering a sustainable future of our region. Because we know that by continually driving up our standards today, we'll build a better tomorrow for our communities. 
Do you want to apply your financial experience in a fast paced and rewarding role? Have you got what it takes to join a dedicated and collaborative team, providing crucial support to the whole company?
We currently have an opportunity for a R2R Accountant to join our team based in Exeter. Joining us on a full-time permanent basis, you will receive a competitive salary along side a host of excellent benefits.   About the role
The Record to Report (R2R) Accountant (Pennon) is responsible for capturing accurate and timely financial reporting data and reviewing the financial position of the company to ensure complete and robust documentation exists to support period end balances. The role also helps to ensure compliance with accounting standards, and the integrity of financial statements. This role requires technical accounting skills, a thorough understanding of financial processes and effective communication with stakeholders.

What you'll be doing:
  • Complete the monthly, half-yearly and annual close processes for the Pennon Group companies, ensuring timely and accurate financial statements.
  • Responsibility for the quality and integrity of monthly accounting entries to the ledger, including sourcing and documenting supporting information from stakeholders.
  • Controlling the Fixed Asset Register, including transactional entries and regular reconciliation.
  • Perform balance sheet reconciliations, investigating and resolving discrepancies as required
  • Ensure compliance with accounting principles, regulations, and internal policies and be able to demonstrate this with evidence (Eg Internal or External audit)
  • Implement and maintain internal controls to ensure the accuracy and reliability of financial data.
  • Collaborate with cross-functional teams to gather necessary information for reporting and analysis.
  • Help to develop and implement best practice processes to ensure the integrity of the general ledger
  • Identify opportunities for process improvements and efficiencies within the R2R function.
  • Stay updated on changes in accounting standards and regulations to ensure compliance.
What we are looking for:
  • Extensive experience in accounting, preferably with experience of transactional accounting.
  • Excellent analytical and problem-solving abilities including process improvement.
  • Strong communication skills, with the ability to extract and understand detailed complex financial information and document this.
  • Strong knowledge of GAAP and financial reporting standards.
  • Proficiency in accounting software.
We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us. We're one of the largest companies in the South West and are proud to have been awarded Investors in People recognition.
In return, we offer an excellent range of benefits including:
26 days holiday allowance rising to 30 days with service plus bank holidays A discretionary Bonus Competitive Contributory Pension Share-save Scheme Various health benefits Wellbeing support programmes A range of Group Discounts Cycle to Work Scheme Financial support services And plenty more

Process improvement is a key part of this role along with a desire to work in a compliant, control environment, providing detailed, accurate outputs in a timely manner. If this sounds like the role for you apply now.
Closing Date: 11th December 2025
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.

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