Accounting Manager

Watts Water Technologies · Sydney

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Watts Water Technologies, through its family of brands, is a global manufacturer providing one of the broadest plumbing, heating and water quality product lines in the world. In Australia, Watts is represented by trusted local brands including AVG and Enware, delivering innovative water solutions across Healthcare, Aged Care, Education, Commercial, Residential and Industrial sectors. Together, the brands combine strong local engineering and manufacturing capability with global expertise in safer, smarter and more sustainable water solutions.

We are currently accepting applications for Accounting Manager to join our Finance team in our Caringbah head office.

Reporting to the Financial Planning & Analysis Manager, the successful candidate will be responsible for effective operation of key financial controls, implementation and ongoing compliance with applicable SOX requirements, and adherence to the company’s Delegation of Authority.

Key responsibilities include but are not limited to:

• Lead, coach and develop two accountants, setting clear priorities, allocating work, reviewing outputs and supporting individual performance and capability development.

• Own the month-end close timetable and deliver accurate, complete and timely results, personally preparing and posting journals and completing account reconciliations where required.

• Review general ledger balances, journals and reconciliations prepared by the team, investigate variances and ensure outstanding items are resolved promptly.

• Maintain key balance sheet reconciliations, accruals, prepayments, provisions, fixed assets and intercompany accounts, while remaining available to perform detailed accounting work directly.

• Own and maintain the key financial internal control framework across accounting processes, including appropriate segregation of duties, approval controls, access controls, reconciliations, master-data governance and retention of supporting evidence.

• Implement, document, perform and monitor applicable SOX controls, coordinate control testing, respond to audit requests, and drive timely remediation of control deficiencies in partnership with process owners and regional or corporate finance teams.

• Ensure financial commitments, expenditure, journals, payments, customer credits, rebates and other transactions comply with the company’s Delegation of Authority, escalating exceptions and maintaining appropriate approval evidence.

• Support forecasting and budgeting activities in partnership with the FP&A Manager and FP&A team, including providing accounting inputs, analysis and insight.

• Coordinate income tax returns with external accountants, including IDS requirements, and ensure timely and accurate monthly BAS, annual FBT, payroll tax and workers compensation submissions.

• Prepare annual financial statements in conjunction with external auditors and manage supporting schedules and documentation. Manage internal and external audits, including coordination of requests, preparation of supporting documentation and timely resolution of findings.

To be successful in this role, you need to be able to demonstrate the following experience: 

• Degree in accounting, finance or a related discipline;

• CPA, CA or comparable professional qualification preferred.

• Experience in a high-volume commercial environment; manufacturing, wholesale, FMCG or industrial product experience and exposure to product costing are preferred.

• Strong analytical and problem-solving skills, excellent attention to detail and the ability to work confidently with large volumes of data.

• Advanced Excel skills and proficiency in Microsoft Office; experience with ERP and contemporary financial reporting systems such as HFM is highly regarded.

• This position would suit a candidate with inventory /stocktaking understanding. Applicants with inventory accounting and product costing exposure are encouraged to apply.

In return you will be provided with:

• Competitive Base Salary

• 17.5% Annual Leave Loading

• Flu vaccinations

• Confidential, and free access to our Employee Assistance Program (EAP)

Other team culture and benefits include;

• Monthly all staff head office barbeques

• Opportunities to be recognised and rewarded as employee of the month

• Complimentary fresh fruit and coffee available from the lunchroom coffee machine

• Paid day off to celebrate your birthday

• Casual wear Fridays

• Unwind during breaktimes in our lunchroom and play table-tennis, arcade machine, or Nintendo switch

Only candidates with full Australian working rights that align to our criteria will be contacted for further discussion.  The successful applicant will be required to undertake and consent to pre-employment background checks, National police check and two reference checks. The vacancy will remain open until the successful candidate is appointed.

No recruitment agencies please.

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