Head of Financial & Regulatory Modelling

idibu; England; On-site; GBP 100,000 - 120,000; Full time

Job summary

A leading infrastructure company in the UK is seeking a Head of Financial & Regulatory Modelling to lead the development of financial models and engage with Ofwat. The ideal candidate has significant experience in financial modelling within the utilities sector, with excellent communication and influencing skills. This role offers a competitive salary of up to £120,000, alongside numerous benefits including annual leave and private medical care.

Benefits

Competitive salary

Annual leave - 26 days holiday

Car allowance - £5,800

Annual bonus

Private medical health care

Contributory pension

Performance-related pay plan

Qualifications

• Experience in presenting complex regulatory concepts to management.
• Qualified in accountancy with a strong finance background.
• Extensive experience in financial models development and operation.

Responsibilities

• Lead financial and regulatory modelling at Thames Water.
• Senior contact for Ofwat engagement regarding financial models.
• Develop financial models incorporating rating agency methodologies.

Skills

Experience in presenting complex regulatory concepts to senior management

Strong finance background

Development and operation of financial models

Sophisticated data analysis

Critical and commercial thinking

Expert knowledge of Excel for financial modelling

Experience in the utilities sector

Understanding of corporate finance principles

Influencing skills

Excellent communication skills

High level of business awareness

Proactive approach

Education

Accountancy qualified (CCAB) or equivalent

Tools

Excel

Job description

This is a rewarding opportunity to play an integral role in making critical strategic decisions for one of the UK’s largest infrastructure businesses. As one of the largest corporate bond issuers in the UK and with a shareholder group formed of large international pension funds and sovereign wealth funds, this is also an opportunity to engage with a truly diverse range of stakeholders, including regulators, rating agencies and investors.

What you’ll be doing as Head of Financial & Regulatory Modelling

This is a unique opportunity to analyse the key financial drivers of the company, understanding and optimising outcomes for shareholders, customers, debt investors, and regulators. As well as giving a holistic view of the company, this role is unique in its broad scope of skills, requiring technical ability, conceptual thinking, influencing and communication skills.

• Responsibility for financial and regulatory modelling at Thames Water.
• You will be the senior contact for Ofwat engagement regarding financial model development and population.
• Leading the development of financial models to incorporate rating agency methodologies.
• Heading up the engagement with the Business Planning team and wider business to ensure an appropriate planning approach.
• Leading risk/sensitivity analysis using financial models to understand risks and financial resilience.
• Stakeholder management of shareholders, debt investors and banks regarding questions related to financial forecasts.
• Costing of capital analysis, including considering the regulatory perspective and future projections of financing costs.
• Review, analyse and challenge Ofwat's determinations.
• Led strategic creative thinking around ensuring the development of future regulatory approaches is best aligned with the requirements of our customers and shareholders.

What you should bring to the role

• Experience in presenting complex regulatory concepts to senior management.
• A flexible individual with a strong finance background, for example, accountancy qualified (CCAB) or equivalent.
• Vast experience in the development and operation of financial models.
• Highly skilled in sophisticated data analysis.
• Ability to think critically and commercially, with high attention to detail, to assess business issues and opportunities.
• Expert knowledge of Excel and utilisation of the tool for financial modelling.
• Strong experience working within the utilities sector or another regulated environment.
• Good understanding of corporate finance principles.
• Influencing skills with individuals at all levels in the business, including senior management.
• Excellent communication, relationship management and presentation skills.
• High level of business awareness.
• Enthusiastic and proactive approach.

What's in it for you

This is an exciting time to join Thames Water as we continue to deliver on our turnaround plan, offering the opportunity to become part of our strategic journey.

• Competitive salary of up to £120,000 per annum, depending on experience.
• Annual Leave - 26 days holiday per year, increasing to 30 with the length of service. (Plus bank holidays)
• Car Allowance - £5,800.
• Annual Bonus.
• Private Medical Health Care.
• Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
• Personal Medical Assessments – Open to all once a year.
• Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance.
• Performance-related pay plan directly linked to company performance measures and targets.

Find out more about our benefits and perks

Who are we

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people, and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Learn more about our purpose and values

Working at Thames Water

Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits.

If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.

Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know, we’re here to help and support.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.