Regulatory Financial Reporting Analyst

Accurate financial reporting is essential to understanding how Britain’s energy networks perform and ensuring they deliver value for consumers. Ofgem is looking for a Regulatory Financial Reporting Analyst to develop their financial expertise whilst supporting effective regulation and investment across the energy sector.

Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers – especially vulnerable people.

This is a permanent opportunity for a finance professional looking to take their career in an exciting new direction. You’ll have the chance to contribute to important work that supports investment across Britain’s energy networks, making a meaningful difference whilst building your experience in a regulatory environment.

You’ll join a friendly and inclusive team of financial experts, gaining exposure to a wide range of knowledge, skills and professional backgrounds. With the opportunity to learn from experienced colleagues and get involved in varied and engaging work, you’ll be enabled to broaden your capabilities, develop new perspectives and build a strong foundation for your future career.

Job description

We’re looking for a finance professional who holds or is working towards a recognised qualification, such as CCAB, CFA or an MSc in Finance, or has relevant finance or commercial experience demonstrated through previous performance and achievements. You’ll bring good quantitative and qualitative financial analytical skills, including the ability to analyse complex situations and policy decisions, alongside knowledge of accounting statements and interpreting financial information. Experience of building internal and external relationships at all levels and the ability to communicate complex financial information to different audiences will also be essential.

In return, you’ll have the opportunity to build your skills and experience in a supportive environment, making a meaningful contribution whilst developing your career. Alongside this, you’ll enjoy a rewarding package of benefits designed to support your wellbeing, work-life balance and future.

We have a critical purpose to protect energy consumers whilst enabling vital investment across the sector. Join us and help ensure financial reporting provides the clarity, scrutiny and evidence needed to support sound regulatory decisions.

Person specification

Essential Criteria:

• Have or working towards a recognised finance qualification, eg CCAB, CFA, MSc Finance or have relevant finance or commercial experience, that can be demonstrated by proven record of performance and achievements in past positions (LEAD)
• Good quantitative and qualitative financial analytical skills, analysis of complex situations and policy decisions; (LEAD)
• Knowledge of accounting statements and interpreting financial information;
• Experience of building internal & external relationships at all levels.
• Ability to process and communicate complex financial information and data to varied audiences.

Behaviours

We'll assess you against these behaviours during the selection process:

• Changing and Improving
• Communicating and Influencing
• Managing a Quality Service
• Delivering at Pace

Benefits

Alongside your salary of £35,232, OFGEM contributes £10,206 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.