Manager - Power and Utilities - Cost Assessment

KPMG United Kingdom; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading consulting firm is seeking a Cost Assessment Manager to work on projects in the water and energy sectors. The role involves cost benchmarking, development of econometric models, and drafting reports. Candidates should have experience in the UK utilities sector and a strong background in quantitative economic analysis. This position is based in London Canary Wharf and offers opportunities to engage in high-profile projects.

Qualifications

• Experience with economic analysis, particularly statistics and econometrics.
• Understanding of microeconomic principles.

Responsibilities

• Work on projects in the water and energy sectors focusing on cost assessment.
• Provide expert advice on cost benchmarking.
• Develop econometric models for cost comparison.
• Conduct cost-benefit analysis.
• Draft reports and engage with clients.

Skills

Experience in the UK utilities sector

Knowledge of regulatory frameworks

Quantitative economic analysis

Exposure to STATA

Job description

Overview

Job Title: Cost Assessment Manager - P&U

Base location: London Canary Wharf

The KPMG Infrastructure Advisory Group function is a cornerstone of our Deal Advisory business. Operating from London we work on projects in the water and energy network sectors, focusing on cost benchmarking and providing support on economic regulation and policy development.

KPMG is one of the world's largest and most respected consultancies. We support the UK through various conditions, advising institutions and businesses across the country.

You will work on a range of projects in the water and energy network sectors with a focus on cost benchmarking, and you will also provide broader support to the Power & Utilities team on economic regulation and policy development.

Our clients seek expert advice relating to cost benchmarking and cost assessment (for example cost-benefit analysis of major projects). Our approach to benchmarking typically involves econometric models comparing costs across companies.

There is no typical project. You will apply a structured strategic approach to problem solving, drawing on established economic principles while thinking creatively.

The projects you advise on will be high profile and varied. We have advised nearly every water and energy network company on price control reviews, led CMA appeals in water and gas distribution, and advised on major transactions within the sector. We have the skills to be involved in major developments within the sector.

The work will include report drafting, client engagement, and delivering and/or interpreting econometric analysis. You will be involved in project management and take a lead in developing proposals and other business development activities. You will also play a key role in developing the consulting skills of junior staff.

Why Join KPMG as an Manager in the Cost Assessment P&U Team?

• The Power & Utilities (P&U) space at KPMG is renowned as a leading advisor in this area; within IAG it is one of the largest business units with around 80 professionals.
• The Cost Assessment team are regarded as market leaders, having advised on several high-profile projects and nearly every water and energy network company on price control reviews.
• You will focus on engagements within Power & Utilities, with opportunities to work across the Infrastructure Advisory Group from end to end.

What will you be doing?

• Work on a range of projects in the water and energy network sectors with a focus on cost assessment.
• Provide expert advice relating to cost benchmarking.
• Develop econometric models comparing costs across companies.
• Conduct cost-benefit analysis work.
• Balance report drafting, economic analysis, and econometric analysis as your main workload.

What will you need to do it?

• Ideally you will have some experience in the UK utilities sector.
• Ideally you will have knowledge of regulatory frameworks for utility companies, microeconomics, or finance, or at least a strong understanding of microeconomic principles.
• Experience in quantitative economic analysis, particularly statistics and econometrics, ideally applied in the utilities sector. Some exposure to STATA is desirable.

Skills we'd love to see / Amazing Extras:

• Ideally you would have a background with a competitor consulting firm, a water/energy company, or a regulator such as Ofgem/Ofwat.

To discuss this or wider Deal Advisory roles with our recruitment team, please apply, create a profile, upload your CV and begin your application with KPMG.

Our Locations:

We are open to talking to P&U Cost Assessment talent across the country, with the core hub for this role in London Canary Wharf.

Find out more:

Deal Advisory and related divisions offer a range of specialisms. The following are areas to explore:

• Deal Advisory at KPMG
• ESG at KPMG
• About our firm
• KPMG Culture. Being Inclusive
• KPMG Workability and Disability confidence