Principal Financial Advisor - Intelligent Oversight Regulatory Finance
OFGEM
- Department
- OFGEM
- Location
- London, Cardiff, Glasgow
- Openings
- 1 post
- Grade
- Grade 6
- Salary
- £63,443 to £86,547
- Closing
- 11 days left
- Profession
- Analysis and Statistics, Finance
- Contract
- Permanent
- Security clearance
- BPSS
- Working pattern
- Flexible working, Full-time, Job share, Part-time
Job summary
Strong financial oversight is essential in the fight to protect energy consumers and secure the investment needed for Britain’s energy future. At Ofgem, we’re looking for a Principal Financial Advisor to join us and bring expert financial insight to the forefront of decisions shaping the energy sector.
Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people.
We’re offering a permanent opportunity to take a leading role in transforming how we approach financial intelligence and regulatory oversight. You’ll be at the heart of an ambitious programme to modernise network regulation, bringing your expertise to an area of growing strategic importance.
You’ll join our dynamic and inclusive Regulatory Finance team, working alongside experienced financial specialists from a range of backgrounds. As part of our Reimagining Network Regulation programme, you’ll have the chance to shape a more forward-looking, agile and technology-enabled approach to regulation, with significant visibility and influence across Ofgem.
What they’re looking for
- Essential Criteria:
- Experience in financial reporting and analysis, demonstrating use of innovative approaches, ideally gained in a regulatory or energy sector environment, or can demonstrate how your experience is transferable; (LEAD)
- Have a recognised finance qualification, eg CCAB, CFA, MSc Finance or have relevant finance or commercial experience, that can be demonstrated by proven record of high performance and substantial achievements in past positions; (LEAD)
- Demonstrate an expert ability to communicate accurate complex financial information and data that can be used for actionable financial intelligence
- Knowledge of accounting statements and interpreting financial information with expert quantitative and qualitative financial analytical skills;
- Extensive experience of building internal & external relationships at all levels; and
- Knowledge and awareness of economic regulation, ideally in the energy industry.
Behaviours you’ll be assessed on
This advert says the panel will score you against these behaviours at Grade 6 level. Each one links to worked examples.
Job description
We’re looking for someone with extensive financial reporting and analysis experience, a recognised finance qualification or equivalent relevant experience, and exceptional analytical capabilities. You’ll bring an innovative approach, strong commercial and regulatory awareness, and the confidence to communicate complex financial information and influence stakeholders at all levels.
In return, you’ll become part of a friendly, collaborative organisation that values different perspectives, encourages innovation and celebrates the diverse experiences of its people. With the opportunity to work alongside leading financial experts and bring your specialist knowledge to an ambitious programme of regulatory change, you’ll enjoy an environment where your expertise is valued, and your contribution can make a genuine difference.
We have a critical purpose to strengthen financial intelligence and oversight across the energy networks we regulate, ensuring robust decisions that protect consumers and enable essential investment. Bring your expertise to the forefront of regulatory innovation and help shape a more resilient, accountable and sustainable energy future.
Nationality requirements
This job is broadly open to the following groups:
- UK nationals
- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements (opens in a new window)
Selection process
This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours and Experience.
When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.
You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the criteria listed in the role profile. In the event of receiving a large number of applications, an initial sift may take place on just the lead criteria indicated in the essential criteria.
The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [https://www.cifas.org.uk/fpn].
At Ofgem, we expect our staff to carry out their roles with honesty, fairness and openness. They should follow the Civil Service code and be free from any influence or bias. We are committed to making sure interests are recognised, declared and managed appropriately so that we can fulfil our duties as an energy regulator. Our Conflicts of Interest policy outlines the types of interests Ofgem staff must declare before onboarding, and the rules they must follow throughout employment so that we can clearly demonstrate that our decisions are not influenced by private interests.
Feedback will only be provided if you attend an interview or assessment.
Practise before you apply
Civil Service panels score every answer against the Success Profiles behaviours at Grade 6 level. Practise STAR answers and get them marked against the same framework.
3 free questions · No card needed
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