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.

Group Consolidation and Technical Accountant

Location: Bristol

This is an exciting opportunity to join Pennon Group’s dynamic Group Finance team at a pivotal time for the business. As we continue to deliver strong financial performance and navigate an evolving regulatory and accounting landscape, robust, high-quality financial reporting is critical.

We are seeking a technically strong Group Consolidation and Technical Accountant to support the delivery of Pennon Group’s consolidated financial results. The role sits within the Group Financial Control team and works closely with finance teams across the Group, supporting accurate consolidation, consistent accounting policies, and compliance with IFRS.

Key responsibilities

• Support the production of Group consolidated accounts, including maintenance of the Group consolidation model

• Assist in the preparation of Group consolidated statutory accounts at half year and full year, and statutory accounts for subsidiary companies

• Support the implementation and application of consistent accounting policies across the Group

• Analyse new and amended accounting standards and support their implementation

• Prepare accounting judgement and technical papers for senior management and the Board

• Support accounting for derivative financial instruments and hedge accounting, including preparation of compliant disclosures

• Collaborate with finance and business stakeholders to ensure correct accounting treatment is applied

• Assist with audit planning and delivery during half year reviews and full year audits

• Support the Financial Control team and wider Finance function on ad hoc projects and change initiatives

About you

• Fully conversant with IFRS and confident taking the technical lead on new standards and complex accounting issues

• Strong experience in group accounting, consolidation and restructuring

• Comfortable working with a range of stakeholders across finance and the wider business

• Well organised, adaptable, and able to manage multiple priorities to meet tight deadlines

• Likely to have trained in audit, with experience of large or listed group accounts

Qualifications

• ACA or ACCA qualified

• Strong technical accounting knowledge

• Experience in consolidation and group financial reporting

What’s In It For You?

As well as a friendly, supportive working environment and opportunities for professional development, the role also offers:

• A competitive salary (dependant on experience)

• Annual bonus opportunity

• Starting at 26 days holiday

• Opportunity to buy or sell annual leave for added flexibility

• Hybrid and flexible working arrangements

• Free car parking when in the office

• Opportunity to invest in Pennon Group plc through employee share schemes

• Support with wellbeing, including a free, confidential Employee Assistance Programme

• Flexible benefits scheme

• Access to thousands of discounts and offers via Perkbox

• Competitive contributory pension scheme

• And much more

For more information please contact the recruitment team on: recruitment@pennon-group.co.uk

Closing Date: Friday 27th February 2026

Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process.

Please note: we may close this vacancy early if we receive a high volume of applications, so early applications are encouraged.

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.