Financial Controller Regulatory Services Specialist
3 weeks ago
National Energy System Operator (NESO) seeks a skilled Financial Controls Manager to join our team, driving the design and implementation of an effective control's framework. As a pivotal safeguarding role, you will ensure controls are in place, support the 1st line with risk assessments, and provide assurances over regulatory submissions to identify and mitigate financial risk exposure.
Key Responsibilities:
- Work closely with the Assurance department to develop the risk-based annual assurance schedule, identify key controls, and ensure the adequacy of frameworks in place.
- Collaborate with members across the business to aid with risk assessments, assess the effectiveness and efficiency of financial control management, and regulatory reporting.
- Undertake compliance assurance activities, spanning financial ringfencing, Ofgem regulatory reporting pack (RRP) submissions, and Ofgem data assurance guidance (DAG) risk assessments.
- Investigate potential areas of non-compliance, track, monitor, and support the business to implement risk mitigation measures as necessary.
- Manage the compliance incident process for areas of financial risk, ensuring coordination and alignment of subject matter experts and 1st line representatives.
- Support business leads with action plan remediation to ensure actions achieve their objectives in a timely manner, escalating high/medium risks to accountable owners where timelines may be compromised.
- Conduct risk-based assurance and consulting services activities over key financial controls to enhance governance, risk, and controls management processes, ensuring controls are effectively operated while identifying opportunities for continuous improvement.
Requirements:
- Fully Qualified Accountant (ACCA, CIMA, or ACA)
- Demonstrable experience of providing high-quality and sound professional assurance management across a large-scale function
- An understanding of the energy sector and a deep understanding of financial accounting practices, including the structure, regulatory environment, and short- and long-term risks and opportunities
What We Offer:
- A competitive salary between £64,000 and £74,000pa, dependent on experience and capability
- A bonus of up to 15% of your salary for stretch performance
- 28 days annual leave as standard
- A competitive contributory pension scheme, where we will double match your contribution to a maximum company contribution of 12%
- A comprehensive benefits package tailored to support your well-being and professional success
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