Associate Financial Advisor - London, United Kingdom - OFGEM

OFGEM

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Details:

Reference number:

Salary:

- £23,450 - £32,320

London £25,750 £32,320 / Glasgow or Cardiff £23,450 £29,381
Job grade:

Executive Officer

Level 1b
Contract type:
Permanent
Type of role:
Corporate Finance
Finance
Working pattern:
Flexible working, Fulltime
Number of jobs available:
1Contents

Location

About the job

Benefits:

Things you need to know

Location

Cardiff, Glasgow, LondonAbout the job

Job summary:

Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe, affordable and environmentally sustainable energy supply.

What we do matters:
making a difference to people's lives now, and for generations to come.

We offer a diverse range of flexible working career opportunities:
roles that are stimulating and rewarding.

And it's important to us that we recruit from a wide range of professional and personal backgrounds - bringing different perspectives and experiences to our work.

To promote a financially resilient market, our Financial Advisory Sub Profession undertake market monitoring activity and provide financial advice and analysis on a wide range of retail market issues.

Our team plays a vital part in providing expert financial advice on new market entrants, the financial health of established suppliers, trade sales, market and supplier-specific financial risks and critical policy decisions.

In this role you will offer expert financial advice on regulated retail and commercial activities.

Working with a wide range of internal and external stakeholders, you'll play a critical part in regularly reviewing retail supplier financial information, advising on market health and regulatory interventions.

More broadly, you will support Ofgem's corporate and regulatory finance work across all areas of the organisation, providing corporate and regulatory finance advice to policy and other teams.

You will also offer technical advice on the cost of debt and equity, gearing, rating agencies and other issues.

It's a role that will suit a graduate from a finance/commercial degree or an individual with a similar level of commercial or financial expertise.

You will ideally have a passion for economic or energy regulation. You'll enjoy supporting on projects, requiring mínimal supervision and you should offer good all-round communication skills. You should have a good knowledge of analytics and be confident in detailed financial statement analysis. It's important that you can build positive relationships with different stakeholders.

Ofgem is proud to be an equal opportunity employer. We embrace diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of open and fair competition, merit and business need.

We will be holding a lunch time open event for you to find out more about our current Financial Advisory vacancies, on Thursday 4th May at 12:30.

Join us to hear more about the various roles we have available, meet some of the team and have your questions answered sign up to the link below:

Job description:

The Financial Advisory sub-profession is a dynamic, friendly, and inclusive team consisting of financial experts with a range of financial skills and backgrounds.

It provides advice to the organisation on corporate and regulatory finance issues, has financial oversight of the retail market, as well as leading on the operation and implementation of Ofgem's RIIO price controls.

It has sub-teams in Corporate Finance, Finance Policy, Strategic Planning and Investor Relations, Regulatory Reporting, Commercial Advisory, Retail Financial Monitoring and Financial Modelling.

After the initial deployment, you will have the opportunity to work flexibly across Ofgem as a member of your Profession, working on cross-Ofgem projects, and/or in teams that require your skills and expertise.

Key Responsibilities and Outputs

Contribute to analysis and projects with appropriate supervision
Provide supporting analysis on wider retail market interventions or decisions to other Ofgem or wider HMG teams
Work with a wide range of internal and external stakeholders
Using your expertise, provide inclusive knowledge sharing, support and development that demonstrate commitment to Ofgem values.

To support the team deliverables, utilising your expertise to ensure successful outcomes across the team and wider directorate

Develop an understanding of the complexities of the energy retail market, licence conditions, and reporting frameworks used to collect and analyse financial and operational information from licensees.
Assist with reviewing data relating to the financial position and performance of licensees under different stresstesting scenarios and the financial projections submitted by new licence applicants.
Deliver work objectives, milestones, and achieve success metrics to a high standar