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Compliance and Regulatory Reporting Manager

2 months ago

London, Greater London, United Kingdom UK Power Networks Full time

This is a key role within the Finance directorate at UK Power Networks, responsible for leading compliance and best practice in external reporting, accounting standards, and governance across the Group.

The successful candidate will take a leadership role to deliver best-in-class performance, manage change, and drive improvement by engaging with the business on compliance matters.

This is a rewarding opportunity for a motivated individual with a strong background in financial accounting and governance, who is able to work productively with partners inside and outside of finance to deliver outputs.

The role will involve managing the relationship with the external auditor and the external audit process, preparing accounting papers to support and report on technical accounting and governance matters, and providing technical accounting leadership on IFRS/FRS 102 to ensure compliance and best practice across the Group.

The ideal candidate will have a qualified accounting background, extensive post-qualification experience, and a proven track record of being able to project manage and deliver projects with multiple stakeholders to deadlines.

They will also have excellent business writing skills, be able to contribute key content fit for external publication, and have a leadership approach that moves others to action by planning, motivating, organising, and controlling work being done.

The role offers a competitive salary package, including a car cash allowance, medical insurance, and bonus of 10%, as well as a range of benefits including a personal pension plan, tax-efficient benefits, and occupational health support.

The successful candidate will be based in our London or Crawley office and will have the opportunity to work in a dynamic and supportive team environment.

Key Responsibilities:

  • Manage the relationship with the external auditor and the external audit process.
  • Prepare accounting papers to support and report on technical accounting and governance matters.
  • Provide technical accounting leadership on IFRS/FRS 102 to ensure compliance and best practice across the Group.
  • Lead projects to review and improve existing accounting practices and related processes.
  • Remain current on and lead response to any changes in regulatory requirements, including accounting standards, financial reporting, and related governance and controls.
  • Prepare and provide briefing updates to the CFO and CEO in respect of certain matters, including technical accounting, regulatory changes, and the external audit process.
  • Support key financial processes such as month-end close and reporting, and Budgeting and Forecasting, as may be required.
  • Manage the submission of Environmental and Sustainability information to shareholders – coordinating with the business.
  • Contribute to the improvement in the efficiency and automation of key financial processes relating to financial reporting and compliance.
  • Support wider finance and business teams such as Tax, Treasury, Commercial Services, and Strategy and Regulation.
  • Participate in ad hoc projects such as mergers and acquisitions.