Treasury FP&A Lead

At National Grid, we keep people connected and society moving. But it's so much more than that. National Grid supplies us with the environment to make it happen. As we generate momentum in the energy transition for all, we don't plan on leaving any of our customers in the dark. So, join us as a
Treasury FP&A Lead,
and find your superpower.

Are you ready to lead in one of the most dynamic areas of finance? Our Treasury Finance team plays a critical role in delivering complete and accurate financial and management reporting for the Group's UK and US Treasury activities—covering a £45bn financing portfolio and £1.8bn in reported financing costs, alongside a complex landscape of hedging derivatives.

As the
Treasury FP&A Lead
, you'll be at the heart of this, steering a high-performing team responsible for budgeting, forecasting, and financial performance across the Treasury function. You'll partner closely with teams spanning debt capital markets, money markets, corporate finance, and banking operations, providing strategic insight and direction. Your work will directly support senior stakeholders including the CFO, Treasurer, and Group FP&A, and will be critical in regulatory reporting to Ofgem. You will also work closely with the Treasury Finance Controller , supporting with statutory disclosures work and internal controls in our busy reporting periods.

This is a leadership role that shapes the future of Treasury reporting—setting the tone for how we forecast, manage performance, and deliver Treasury related elements of our regulatory reporting. If you're looking for a role where your expertise drives impact at scale, this is your opportunity to make it count.

This role is based out of our
Strand office
, and we'd hope to see you at least 2/3 days per week but you're welcome to be in the office more often if that would work best for you. We're happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you.

What You'll Do

• Lead the delivery of Treasury's budget, quarterly reforecasts, and ensure alignment with the Group's Strategic Business Plan.
• Provide financial insight and support active management of the Treasury portfolio against budget.
• Own actual finance cost reporting and oversee statutory disclosures across the Group.
• Ensure timely and effective operation of year-end SOX controls related to Treasury reporting.
• Lead the preparation and submission of year-end regulatory reports to Ofgem for NGET and NGED entities.
• Contribute to regulatory rate-setting processes and consultations as needed.
• Manage and develop a team of 2 accountants to deliver high-quality reporting.
• Support the Head of Group External Reporting in building Treasury FP&A team capability during a period of significant activity.
• Foster growth and career development opportunities for team members.

What You'll Have

• Experienced qualified accountant (ACA, ACCA, CIMA) with strong analytical skillset and experience with budgeting and forecasting
• IFRS technical expertise including working knowledge of current treasury related accounting standards including IFRS 9 (IAS 39), IFRS 7, FRS 101 and 102.
• Experience of financial reporting processes for large, listed companies.
• Strong knowledge of risk and internal control frameworks and their application to financial reporting
• Highly proficient communicator with strong written skills.
• Ability to build strong relationships with internal and external stakeholders.
• Self-motivated, proactive with excellent attention to detail.
• Agile with change and comfortable working in a fast-moving environment.

Don't meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you're excited about this role but your experience or qualifications don't match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What You'll Get
A competitive salary – depending on experience.

As well as your base salary, you will receive a bonus based on personal and company performance with on target being 20% (with a maximum of 40%) and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to several flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

More Information
This role closes on 29 October 2025 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.