Regulatory Finance Manager

Cadent Gas Limited; Coventry; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading gas utility company in the UK is offering an exciting opportunity for a Regulatory Finance Manager to lead their finance team. This strategic role involves managing external interfaces with stakeholders and ensuring effective revenue recovery. The ideal candidate will be a qualified accountant with substantial experience in a senior finance leadership position, possessing strong regulatory knowledge and financial acumen. The role supports a hybrid working model and includes attractive benefits.

Benefits

Private Medical Insurance

25 days’ holiday plus 8 statutory days

Annual Performance Bonus

Generous pension scheme

Flexible benefits

Employee Assistance Line

Qualifications

• Deep regulatory knowledge and a passion for delivering value.
• Comfortable with ambiguity and tackling unexpected challenges.

Responsibilities

• Lead the provision of transportation charges and ensure revenue recovery.
• Manage the annual iteration process with Ofgem and support scenario analysis.
• Provide expert regulatory finance and tax advice.

Skills

Qualified accountant (ACCA, CIMA, ACA)

Proven experience in a senior finance leadership role

Advanced understanding of RIIO and regulatory frameworks

Strong financial and commercial acumen

Experience in financial modelling and scenario analysis

Knowledge of corporate taxation and regulatory finance principles

Skilled in stakeholder management

Excellent communication and presentation skills

Proven ability to influence senior stakeholders

Experience in project management and process improvement

Job description

Base Location: Hybrid between Ansty Head Office near Coventry (CV7 9JU) & Home

Lead with insight. Deliver value.

We’re offering an exciting opportunity for a Regulatory Finance Managerto join our Finance team. This is a key leadership role that connects Cadent’s external interfaces with shippers and Ofgem, as well as internal teams across regulatory and finance. You’ll play a pivotal role in setting prices, ensuring Cadent recovers its allowed revenues under the RIIO framework (Revenue = Incentives + Innovation + Outputs – approximately £2 billion per year), and identifying opportunities to maximise revenue allowances.

Reporting to the Head of Financial Planning and Analysis, you’ll lead the delivery of regulatory finance activities, provide strategic financial advice, and ensure the quality and consistency of financial information reported to Ofgem and shareholders. You’ll also identify value opportunities, perform financial modelling, and advise on financial returns to support Cadent’s regulatory and financial success.

Why You'll Love This Role:

This is a strategic finance leadership position offering influence, complexity, and the opportunity to shape Cadent’s regulatory and financial future.

• Pricing & Revenue Recovery– Lead the provision of transportation charges and ensure full recovery of allowed revenues through revenue drivers and reopeners.
• Regulatory Modelling– Manage the annual iteration process with Ofgem, support scenario analysis, and maintain the RIIO Financial Model.
• Financial Advisory– Provide expert regulatory finance and tax advice to support RIIO-GD2 and future price controls.
• Stakeholder Engagement– Build strong relationships with Ofgem, shippers, shareholders, and internal stakeholders to influence outcomes and share best practice.
• Reporting & Compliance– Support internal and external reporting, including RRP, Strategic Performance Reports, and regulatory financial submissions.
• Leadership & Development– Lead a high-performing, collaborative finance team that values inclusion, innovation, and continuous improvement.

What You'll Bring:

We’re looking for a strategic and technically strong finance leader with deep regulatory knowledge and a passion for delivering value.

• Qualified accountant (ACCA, CIMA, ACA)
• Proven experience in a senior finance leadership role or equivalent
• Advanced understanding of RIIO and regulatory frameworks
• Confident in tackling new or unexpected challenges and comfortable with ambiguity
• Strong financial and commercial acumen with post-qualification experience
• Experience in financial modelling and scenario analysis
• Knowledge of corporate taxation and regulatory finance principles
• Skilled in stakeholder management, including external partners
• Excellent communication and presentation skills, with the ability to explain complex issues clearly
• Proven ability to influence senior stakeholders and constructively challenge existing approaches
• Experience in project management, planning, and process improvement
• Commitment to developing and leading high-performing, inclusive teams

Ready to take the next step in your finance leadership career? Join us as a Regulatory Finance Manager and help shape Cadent’s financial strategy and regulatory success.

At Cadent, we’re thrilled to be part of the future of UK energy!

We have a clear roadmap to drive our performance to the forefront of our industry and support the UK government in achieving its net zero targets by 2050.

We’re making a difference through innovation and new ways of working. Together, we’re shaping a cleaner, greener future for our 11 million customers, whom we put at the heart of everything we do.

What’s In It for You

Here at Cadent, we recognise that our people are truly unsung heroes. Quietly confident, delivering every day - that’s why we’re committed to supporting our people to get the best out of themselves. For this role, we offer:

• Private Medical Insurance for you, your partner and your family available through MyChoices, our flexible benefits programme, with access to a 24 hour Bupa HealthLine
• 25 days’ holiday, plus 8 statutory days and an option to buy or sell holiday days
• An Annual Performance Bonus of up to 15% of your salary
• A generous pension scheme where the company double matches your contributions up to 12% i.e. if you contribute 6% a month, the company will contribute 12%
• A competitive salary that’s reviewed each year against the market median salary for your role, skills, knowledge and experience
• Generous family policies and flexible benefits
• A free Employee Assistance Line where you can get support and advice on any of the challenges you’re facing, completely confidentially
• Support to help you cover the cost of professional membership subscriptions, course fees, books, examination fees and time off for study leave – so long as it’s relevant to your role
• Plus many more benefits that help you join the dots between your work and home life!

We support a healthy work-life balance and are open to flexible working options.

Diversity and Inclusion

Don’t meet every requirement? No problem! If you’re excited about this opportunity but your experience doesn’t align perfectly with every qualification mentioned, we would still love for you to submit your application – you may just be the right person for this role or other opportunities at Cadent.

We value diversity and are committed to being an equitable employer. Our employee communities – Women in Cadent, Pride at Work (LGBTQ+), Embrace (ethnicity and religion), Thrive! (disability), the Cadent Military Community, the Grief Awareness Community, and the Men’s Engagement Network (M.E.N) – can’t wait to welcome you!

What’s next?

To be considered for this role, please submit your application with an up-to-date CV and our Talent Acquisition team will get in touch soon. To learn more about Cadent, visit our website at Home | Cadent (cadentgas.com)

Be part of something big. Help shape the future of gas for generations to come.