Principal Financial Advisor - Intelligent Oversight Regulatory Finance

Ofgem; Glasgow; Hybrid; GBP 57,000 - 70,000; Full time

Benefits offered by this job

Civil Service Pension

Hybrid working

Training & development

Flexible hours

Job summary

Ofgem seeks a Principal Financial Advisor to lead financial insight across regulatory decisions and the energy sector. You will join the Regulatory Finance team, shaping financial intelligence for a major programme of regulatory change and modernisation.

The role requires extensive financial reporting/analysis experience and a recognised finance qualification, with a track record of influencing senior stakeholders and building external relationships. Hybrid working is offered.

Qualifications

• Experience in financial reporting and analysis within regulatory or energy sector preferred.
• Recognised finance qualification or equivalent experience with high performance.
• Ability to communicate complex financial information and influence stakeholders.

Responsibilities

• Communicate accurate financial information to stakeholders at all levels.
• Strengthen financial intelligence and regulatory oversight.
• Support the Transformational Network Regulation programme with financial insights.

Skills

Financial reporting

Regulatory/energy sector

Stakeholder communication

Analytical capabilities

Financial intelligence

Education

CCAB/CFA/MSc Finance

Job description

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.

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.

Person specification

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

We'll assess you against these behaviours during the selection process:

• Changing and Improving
• Making Effective Decisions
• Communicating and Influencing
• Delivering at Pace

Benefits

Alongside your salary of £63,443, OFGEM contributes £18,379 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.