Job titleCorporate Finance ManagerRef33567DivisionFinance & CommercialLocationHybrid - Clearwater Court - RG1 8DBContract typePermanentFull/Part-timeFull-timeHours36 hours Monday - FridaySalaryCompetitive with Car Allowance, Bonus, Pension and Private Health .Job gradeCClosing date30/03/2023

Who are we?

Thames Water is the UK's largest water and wastewater company. We make a daily difference to our 15 million customers by supplying 2.6 billion litres of water through 32,000 km of pipes, keeping taps flowing and toilets flushing.

At Thames Water, every one of our actions, big and small, matters every day. Water is essential to life, so our business is always open.

What makes this role unique?

This is an excellent opportunity to play an integral role in making critical strategic decisions for one of the UK's largest infrastructure businesses. As one of the largest corporate bond issuers in the UK and with a shareholder group formed of large international pension funds and sovereign wealth funds, this is also an opportunity to engage with a truly diverse range of stakeholders including regulators, rating agencies and investors.

What you will be doing?

The role is within a specialist team within the company, responsible for managing a variety of financial stakeholders. This is a unique opportunity to analyse the key financial drivers of the company, understanding and optimising outcomes for shareholders, customers, debt investors and regulators. As well as giving a holistic view of the company, this role is unique in its requirement for a broad range of skills, requiring technical ability, conceptual thinking, influencing and communication skills.

Key responsibilities include the following:

• Assist in progressing relationships with credit rating agencies
• Maintain detailed understanding of credit analysis and methodology around Whole Business Securitisation
• Develop and assess the credit impact of various initiatives to further financial resilience
• Produce analysis for going concern and LTVS, acting as primary contact for auditors
• Liaise with Treasury team on finace-ability considerations for funding and hedging at both OpCo and HoldCo
• Preparation of papers for the various Boards around capital structure and dividend policy
• Ongoing review of index-linked hedging strategy
• Act as key support for the Investor Relations team with overall responsibility in providing input into all presentations, scripts and Q&A for investor roadshows and results presentations
• Support Commercial Strategy team with review of Strategic Resource Options taking into account WBS restrictions, broader credit impacts and investor sounding
• Support Investor Relations and Sustainability teams with analysis and presentation of ESG narrative to investors
• Play a critical role on shaping our approach and report for TCFD. Work with various teams alongside the Climate Change Working Group to model climate change scenarios and analyse the long term financial impacts

What you will bring to the role?

• Experience in developing and operating financial models
• Strong familiarity with credit analysis and good understanding of corporate finance principles
• Flexible individual with a strong finance background
• Whilst not essential, an accountancy qualification would be viewed favourably
• Ability to think critically and commercially, with a high attention to detail, in order to assess business issues and opportunities
• Influencing skills with individuals at all levels in the business including senior management.
• Excellent communication, relationship management and presentation skills
• High level of business awareness
• Enthusiastic and pro-active approach
• Experience of working within the utilities sector or another regulated environment would be helpful

What's in it for you?

This is an exciting time to join Thames Water as we embark on our collaborative "turn-around" plan. This plan will ensure an ambitious, resilient, and sustainable wastewater service for future generations. Having the freedom to influence and inspire, is an enviable opportunity to make your mark and develop your career with ambitious, like-minded people.

Our competitive salary and package include a bonus, car allowance, private healthcare, an excellent contributory pension and 26 days holiday per year increasing to 30 with length of service.

Thames Water is a dynamic, rewarding and diverse place to work, with opportunities around every corner. If you join our team, you'll enjoy a fulfilling career, flexible working arrangements and a wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.

We're also proud to embrace and promote diversity and believe that creating a workforce that reflects the communities we serve will help us to thrive. We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.

Find out more about working at Thames Water.

We deliver life's essential service so our customers, communities and the environment can thrive. This means, that when a crisis happens, we all rally around to support our customers. As part of your role, you'll be required to participate in a rota to provide Customer Incident Support, as requested by the Company from time to time. This may be by supporting our customers on the frontline as an Ambassador or being part of the team managing the incident as a Control Tower Lead. This is incredibly rewarding, and you'll be given full training - it's also a great opportunity to learn more about our business and meet colleagues.

Disclaimer: due to the high volume of applications we receive, we may close a vacancy earlier than the advertised date. This is so we can manage all the applications properly and give candidates a positive experience. Once closed, we can't consider any further applications, so please submit your application as soon as possible to avoid disappointment.