Innovations Finance Business Partner

4 weeks ago

Newport, United Kingdom Wales & West Utilities Full time

**Regulation Analyst**

**Job details**

**Salary**: £44,194 to £50,514

**Business Area**:Regulation & Asset Strategy

**Location**:Newport, South Wales

**Contract Type**:24-month fixed term contract

**Working hours/pattern**:37 hours Monday - Friday

**Who are we?**

We are a gas distribution business that services the gas infrastructure across Wales and the south-west of England. We serve our customers and communities with safe, reliable, and affordable energy services whilst investing to create a sustainable future to deliver our carbon-free vision for 2050.

**What we’re looking for?**

We are looking for a Regulation Analyst to be responsible for managing Wales & West Utilities’ (WWU) day-to-day interests in covering Gas Act, Licence, and commercial agreements ancillary to those that are managed by the Regulation department. The role includes providing advice to the business on the above matters.

You will also be responsible for monitoring delivery of some licence conditions in particular uncertainty mechanisms and supporting the work of others in the department who manage the annual reporting required by the licence.

**We’ll trust you to**:

- Be the primary contact for WWU in respect of the Gas Act and WWU’s licence. Being able to direct colleagues who have a question to relevant parts of the Gas Act or licence.
- Under guidance of the Regulation Manager, ensure that WWU engages with relevant change proposals to legislation impacting Economic Regulation and the WWU licence by identifying and engaging with the appropriate WWU business expert and attending workgroups as required either independently or with WWU business expert if appropriate.
- Supported by the Regulation Support Assistant, manage the WWU licence ensuring it is kept updated with all changes together with records to enable the history to be tracked. Ensuring annual licence compliance process is completed.
- Help WWU colleagues understand the parts of the Gas Act and licence that are relevant to them to enable them to ensure compliance and make best use of the opportunities available to them.

You can read a full job description **here**.**

**You’ll need to have**:

- Knowledge of one or more of the key accountabilities, knowledge of commercial, regulatory, or legal compliance
- Has some of or is able to quickly gain the following:

- Understanding of key WWU business drivers, objectives, and deliverables
- An understanding of the key parties in the gas industry and how they interact
- An understanding of WWU’s relationship with Xoserve
- An understanding how the different pieces of legislation, licences and codes fit together coherently
- An understanding of how gas industry governance functions
- Good attention to detail and a proactive work ethic
- The ability to communicate effectively at a senior level internally and externally both orally and in writing
- Confidence and discretion to represent WWU appropriately in industry meetings

We would also love to hear about anything else you feel you could add or bring to the role

**What’s in it for you?**
- A competitive salary starting at £44,194 rising to £50,514
- A structured pay & competency framework which rewards skills, competence and enables development and career progression
- Hybrid working
- Flexible working opportunities
- 25 days annual leave plus bank holidays
- Retirement Savings Plan (pension) with Aviva: 5% employee contribution, with WWU doubling your contribution at 10% - totalling 15%
- 14 x salary Life Insurance linked to membership of the Retirement Savings Plan
- “Choices” flexible benefit scheme options including corporate gym memberships, dental insurance, and health cash-plans
- Access to our Financial Wellbeing Programme - allowing you to manage your benefits flexibly to suit your financial needs
- Enhanced pay for parental leave
- Retail discounts and cashback scheme
- Annual salary review
- Discretionary annual bonus
- Company Sick Pay
- In-house Occupational Health Team
- Employee Assistance Programme
- Comprehensive training

The way we do things

Wales & West Utilities is a values-based business.

Interested?

If you think you’d make a good addition to the team, we would love to hear from you

To apply, click the link below.

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