Regulatory Finance Analyst

2 weeks ago

Portsmouth, Portsmouth, United Kingdom Portsmouth Water Full time

We're making a difference: Together, we can ensure that there is enough water for everyone, now and in the future.

Portsmouth Water is seeking a dedicated Regulatory Finance Analyst to play a key role in managing and developing its regulatory financial framework. This role offers the opportunity to own, develop, and maintain the company's regulatory financial model, ensuring compliance and efficiency. The successful candidate will be responsible for managing Ofwat incentive and reconciliation models, tracking performance against the PR24 regulatory settlement, and overseeing the financial aspects of the PR29 business plan. Additionally, they will support the production of Regulatory Accounts and Tariff Development, contributing to the company's long-term financial strategy.

What will you be doing?

Key Responsibilities

  1. Development of the model to reflect the PR24 regulatory determination.
  2. Quarterly updates of the PWL regulatory financial model to align with the quarterly budget cycle.
  3. Ad hoc analysis to support regulatory submissions, shareholder requirements, and financing events.
  4. Develop an expert understanding of Ofwat's suite of reconciliation and incentive models for the 2025-2030 regulatory period.
  5. Update all reconciliation models quarterly to align with the budget cycle.
  6. Develop and maintain a dashboard for management reporting of the impacts.
  7. Produce regulatory financial statements with appropriate adjustments from statutory accounts.
  8. Complete relevant financial tables for the Annual Performance Report (APR) in compliance with Ofwat guidelines.
  9. Lead on key financial aspects of the five-year business plan, including population of the Ofwat financial model.
  10. Complete the expenditure tables for the business plan, controlling allocation/recharges between price controls.

What do you need?

Skills, Qualifications & Competencies

  1. Experience of developing financial models in Excel.
  2. Highly organised self-starter able to manage own workload.
  3. Ability to develop new approaches to meet complex and evolving Ofwat requirements.
  4. Good understanding of economic regulation and the periodic review process.
  5. Good communication skills and a team player able who can work across the organisation.
  6. Qualified accountant, economist or equivalent.
  7. Relevant qualification to degree level or equivalent.
  8. Experience of the water sector and/or regulated businesses.

We recognise people want to work in a variety of different ways, this means we are happy to consider flexible working arrangements. Please talk to us at the interview about the flexibility you may want.

We support equality, diversity and inclusion and encourage applications from all sections of society. The Company has a responsibility to ensure that all employees are eligible to work and live in the UK.

Due to the high volume of applications received we are unable to respond to unsuccessful candidates. If your application is of interest to us, we will normally contact you within 4 weeks of receiving your application.

#J-18808-Ljbffr

  • Senior Financial Analyst

    3 days ago

    Portsmouth, Portsmouth, United Kingdom CMA Recruitment Group Full time

    Business Services Group based in Portsmouth, Hampshire, has an opportunity for a commercially focussed, tenacious Senior Financial Analyst to undertake responsibility for the variance analysis and consolidation reporting for specific divisions within the Group to support effective financial decision making.What will the Senior Finance Analyst role...

  • Asbestos Analyst/Surveyor

    2 weeks ago

    Portsmouth, Portsmouth, United Kingdom IO Associates Full time

    Panoramic Associates are currently working with a leading UK provider of testing, inspection, and compliance services to recruit an experienced Asbestos Surveyor/Analyst. This company plays a key role in ensuring safety and regulatory compliance across various sectors, offering high-quality asbestos management solutions.Asbestos Surveyor/AnalystType:...

  • US Investment Grade Credit Research Analyst

    5 days ago

    Portsmouth, Portsmouth, United Kingdom Impax Asset Management Group Full time

    ROLE PURPOSEThe Investment Grade Credit Research Analyst will provide essential expanded depth, breadth, and research support for management of Impax's investment grade and multi-sector fixed income strategies, with a focus on securitized products credit analysis.ROLE DIMENSIONSThe Investment Grade Credit Research Analyst will provide research support for...

  • Inventory Accounting Senior Analyst Finance Accounting

    4 weeks ago

    Portsmouth, Portsmouth, United Kingdom Lifelancer Full time

    Job Title: Inventory Accounting Senior Analyst Finance & Accounting Job Location: Portsmouth UK Job Location Type: Hybrid Job Contract Type: Fulltime Job Seniority Level: Bring more to life.Are you ready to accelerate your potential and make a real difference within life sciences diagnostics and biotechnologyAt Cytiva one of Danaher's 15 operating...

  • Inventory Accounting Senior Analyst Finance Accounting

    3 weeks ago

    Portsmouth, Portsmouth, United Kingdom Lifelancer Full time

    Job Title: Inventory Accounting Senior Analyst Finance & Accounting Job Location: Portsmouth UK Job Location Type: Hybrid Job Contract Type: Fulltime Job Seniority Level: Bring more to life.Are you ready to accelerate your potential and make a real difference within life sciences diagnostics and biotechnologyAt Cytiva one of Danaher's 15 operating...

  • Innovation Strategy Analyst

    4 weeks ago

    Portsmouth, Portsmouth, United Kingdom Drax Full time

    Innovation Strategy Analyst FlexiblelocationHybridworkingPermanent,full timeCareer level4Closingdate: 10th March 2025About theroleWe're nowrecruiting a Innovation Strategy Analyst to join our Innovationteam at Drax. You'll be leading quantitativeand qualitative research and analysis, as well as generating key insights to developrecommended solutions for...

  • Civil Design Engineer

    4 weeks ago

    Portsmouth, Portsmouth, United Kingdom United Living Group Full time

    As a Civil Design Engineer in the water industry you would be responsible for ensuring that water infrastructure projects are designed to be safe sustainable and efficient. This role requires a mix of technical expertise innovative thinking regulatory knowledge and the ability to collaborate with a variety of stakeholders. You would contribute to improving...

  • Civil Design Engineer

    3 weeks ago

    Portsmouth, Portsmouth, United Kingdom United Living Group Full time

    As a Civil Design Engineer in the water industry you would be responsible for ensuring that water infrastructure projects are designed to be safe sustainable and efficient. This role requires a mix of technical expertise innovative thinking regulatory knowledge and the ability to collaborate with a variety of stakeholders. You would contribute to improving...

  • Electrical Design Engineer

    3 weeks ago

    Portsmouth, Portsmouth, United Kingdom United Living Group Full time

    In this role you will be responsible for designing and developing electrical systems and equipment for wastewater treatment plants and associated infrastructure. Your key responsibilities will include creating electrical designs specifications and layouts to meet project requirements industry standards and regulatory guidelines. You will collaborate closely...

  • Electrical Design Engineer

    4 weeks ago

    Portsmouth, Portsmouth, United Kingdom United Living Group Full time

    In this role you will be responsible for designing and developing electrical systems and equipment for wastewater treatment plants and associated infrastructure. Your key responsibilities will include creating electrical designs specifications and layouts to meet project requirements industry standards and regulatory guidelines. You will collaborate closely...

  • Cashier - Assistant Management Accountant

    4 days ago

    Portsmouth, Portsmouth, United Kingdom Toyota Financial Services, KINTO and KINTO JOIN Full time

    Reporting to the Management Accountant (Team Leader), you'll be instrumental in helping prepare reconciliations and management accounts accurately and on time. We're looking for someone who's not only proactive in resolving queries but also keen to provide excellent service both internally and externally. Your commitment to delivering excellent quality...

  • Operational Planning Engineer

    3 weeks ago

    Portsmouth, Portsmouth, United Kingdom SSE Full time

    About the Role Base Location:Portsmouth Salary: £58,630 - £68,098and a range of benefits to support your finances, wellbeing and family. Working Pattern: Permanent | Full Time | Flexible First options available The role An Operational Planning Engineer in the Network Management Centre (NMC) will be responsible for agreeing and planning all outage...

  • Operational Planning Engineer

    6 days ago

    Portsmouth, Portsmouth, United Kingdom SSE Full time

    About the RoleBase Location: PortsmouthSalary: £58,630 - £68,098 and a range of benefits to support your finances, wellbeing and family.Working Pattern: Permanent | Full Time | Flexible First options availableThe roleAn Operational Planning Engineer in the Network Management Centre (NMC) will be responsible for agreeing and planning all outage requirements...

  • Inventory Accounting Senior Analyst Finance Accounting

    4 weeks ago

    Portsmouth, United Kingdom Lifelancer Full time

    Job Title: Inventory Accounting Senior Analyst Finance & Accounting Job Location: Portsmouth UK Job Location Type: Hybrid Job Contract Type: Fulltime Job Seniority Level: Bring more to life.Are you ready to accelerate your potential and make a real difference within life sciences diagnostics and biotechnologyAt Cytiva one of Danaher’s 15 operating...

  • Data Analyst Higher Apprenticeship

    4 weeks ago

    Portsmouth, United Kingdom SSE Full time

    Base Location:Reading/PortsmouthSalary: Circa £24,580 per annum + a range of other benefits to support your family, finances, and wellbeing. Salary upon finishing the Apprentice programme is circa £37,000+.Working Pattern: Full Time | up to 2 Year Apprenticeship ProgrammeStart Date: August 2025Data is the currency of the 21st century and the key to...

  • Civil Design Engineer

    4 weeks ago

    Portsmouth, United Kingdom United Living Group Full time

    As a Civil Design Engineer in the water industry you would be responsible for ensuring that water infrastructure projects are designed to be safe sustainable and efficient. This role requires a mix of technical expertise innovative thinking regulatory knowledge and the ability to collaborate with a variety of stakeholders. You would contribute to improving...

  • Electrical Design Engineer

    4 weeks ago

    Portsmouth, United Kingdom United Living Group Full time

    In this role you will be responsible for designing and developing electrical systems and equipment for wastewater treatment plants and associated infrastructure. Your key responsibilities will include creating electrical designs specifications and layouts to meet project requirements industry standards and regulatory guidelines. You will collaborate closely...