Regulatory Financial Reporting Analyst

Accurate financial reporting is essential to understanding how Britain’s energy networks perform and ensuring they deliver value for consumers. Ofgem is looking for a Regulatory Financial Reporting Analyst to develop their financial expertise whilst supporting effective regulation and investment across 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.

This is a permanent opportunity for a finance professional looking to take their career in an exciting new direction. You’ll have the chance to contribute to important work that supports investment across Britain’s energy networks, making a meaningful difference whilst building your experience in a regulatory environment.

You’ll join a friendly and inclusive team of financial experts, gaining exposure to a wide range of knowledge, skills and professional backgrounds. With the opportunity to learn from experienced colleagues and get involved in varied and engaging work, you’ll be enabled to broaden your capabilities, develop new perspectives and build a strong foundation for your future career.

We’re looking for a finance professional who holds or is working towards a recognised qualification, such as CCAB, CFA or an MSc in Finance, or has relevant finance or commercial experience demonstrated through previous performance and achievements. You’ll bring good quantitative and qualitative financial analytical skills, including the ability to analyse complex situations and policy decisions, alongside knowledge of accounting statements and interpreting financial information. Experience of building internal and external relationships at all levels and the ability to communicate complex financial information to different audiences will also be essential.

In return, you’ll have the opportunity to build your skills and experience in a supportive environment, making a meaningful contribution whilst developing your career. Alongside this, you’ll enjoy a rewarding package of benefits designed to support your wellbeing, work-life balance and future.

We have a critical purpose to protect energy consumers whilst enabling vital investment across the sector. Join us and help ensure financial reporting provides the clarity, scrutiny and evidence needed to support sound regulatory decisions.

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)

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.