Business Stream is one of the largest water retailers in the UK and a trusted supplier to over 340,000 businesses, ranging from corner shops to large industrial manufacturers. The company provides a range of services to business customers including billing, water and wastewater management solutions and water efficiency support.
In April 2017, Business Stream acquired the non-household customers of Southern Water doubling the size of their customer base overnight, followed by the acquisition of Yorkshire Water’s non-household customer base in October 2019. Business Stream is currently the second largest water retailer in the UK, supplying 20% of the non-household market, and remains the market leader in Scotland, almost fifteen years after the market opened despite tough competition.
Business Stream employs c.400 people, most of whom operate from the Head Office at Lochside View in Edinburgh. In 2020/21 their reported turnover was £574 million (forecast at £625m in 2021/22).
The Financial Controller will be responsible for all aspects of financial control at Business Stream, including the preparation of statutory accounts, monthly management accounts, managing the year-end audit process, cash flow management, business partnering, accounts payable and receivable, payroll, budgeting, financial planning, compliance and regulatory support. The individual will also lead, coach and develop the Financial Control team, which includes 4 direct and 14 indirect reports.
The successful candidate will be a qualified accountant by training and will be people focused in nature, with an outlook focused on continuous improvement. They will be business partner focused with the ability to influence at all levels, building strong long-term relationships with internal and external stakeholders. They must also have the ability to grow within the role, as well as having the desire and talent to step up into a Finance Director capacity in time.
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