Regulatory Finance Manager

South West Water; Exeter; Hybrid; GBP 50,000 - 61,000; Full time

Benefits offered by this job

Annual Bonus Scheme

Pension Scheme

Flexible Working Options

Healthcare Benefits

Employee Discounts

Annual Leave

Hybrid working where possible

Job summary

South West Water in Exeter is seeking a Regulatory Finance Manager to lead the preparation of Annual Performance Reports, regulatory submissions and key financial aspects of price review activities, applying expertise in Ofwat frameworks and financial modelling. You will work with operational, engineering and finance teams to ensure regulatory requirements are reflected in decision making.

You will partner with senior stakeholders, deliver insightful analysis for strategic and operational

Qualifications

• Qualified Accountant (ACA, ACCA, CIMA or equivalent).
• Experience in senior finance, regulatory or advisory roles.
• Strong financial reporting, planning and performance management experience.
• Experience working in cross-functional teams and influencing stakeholders.
• Proven ability to improve financial controls, processes and reporting.
• Strong analytical skills with ability to interpret complex financial information.
• Ability to communicate technical concepts to non-finance stakeholders.
• Experience building credible relationships with senior leaders and decision makers.

Responsibilities

• Leading the delivery of Annual Performance Reports (APR) and regulatory submissions.
• Managing key financial aspects of business planning and price review activities.
• Developing expertise in Ofwat regulatory frameworks, financial models and incentive mechanisms.
• Providing technical regulatory and financial advice to senior stakeholders across the business.
• Working closely with operational, engineering and finance teams to ensure regulatory requirements are reflected in decision making.
• Managing relationships with Ofwat, external auditors and senior leadership teams.
• Leading responses to regulatory consultations and financial reviews.
• Supporting regulatory modelling and financial forecasting activities.
• Delivering insightful analysis that influences strategic and operational decisions.
• Developing and mentoring colleagues within the Regulatory Finance team.

Skills

Analytical skills

Stakeholder management

Communication of complex concepts

Influencing senior leaders

Cross-functional collaboration

Education

Qualified Accountant (ACA, ACCA, CIMA or equivalent)

Job description

Powered by Water, Driven by Purpose
South West Water keeps the South West flowing with safe, reliable drinking water and wastewater services across some of the UK’s most stunning landscapes.

Powered by Water, Driven by Purpose
South West Water keeps the South West flowing with safe, reliable drinking water and wastewater services across some of the UK’s most stunning landscapes.
We’re proud to be part of Pennon Group, a leader in the UK water sector, working towards a greener future. Our goals? As well as lowering our carbon footprint, we’re working with partners to plant 300,000 trees, restore peatlands and supporting farmers and landowners to improve water quality and wildlife.
Whether you’re starting out or seeking a new challenge, our scale and ambition create opportunities for you to shape your own career.
Ready to make a splash? Join our team today.
Regulatory Finance Manager
Location: Exeter, Devon (Hybrid Working Available)
Salary: £55,000 per annum plus bonus plus benefits
Shape the Future of Water Regulation

What You'll Be Doing

• Leading the delivery of Annual Performance Reports (APR) and regulatory submissions.
• Managing key financial aspects of business planning and price review activities.
• Developing expertise in Ofwat regulatory frameworks, financial models and incentive mechanisms.
• Providing technical regulatory and financial advice to senior stakeholders across the business.
• Working closely with operational, engineering and finance teams to ensure regulatory requirements are reflected in decision making.
• Managing relationships with Ofwat, external auditors and senior leadership teams.
• Leading responses to regulatory consultations and financial reviews.
• Supporting regulatory modelling and financial forecasting activities.
• Delivering insightful analysis that influences strategic and operational decisions.
• Developing and mentoring colleagues within the Regulatory Finance team.

What We're Looking For

You’ll be an ambitious finance professional who enjoys solving complex problems and translating technical information into clear business insight.

Essential Experience

• Qualified Accountant (ACA, ACCA, CIMA or equivalent).
• Experience operating in a senior finance, regulatory or advisory environment.
• Strong financial reporting, planning and performance management experience.
• Experience working within cross-functional teams and influencing stakeholders.
• Proven ability to improve financial controls, processes and reporting.
• Strong analytical skills with the ability to interpret complex financial information.
• Ability to communicate technical concepts to non-finance stakeholders.
• Experience building credible relationships with senior leaders and decision makers.

You’ll Stand Out If You Have

• Experience within a regulated industry such as water, utilities, energy or infrastructure.
• Knowledge of economic regulation or regulatory reporting.
• Experience leading teams or developing finance professionals.
• Experience supporting major business change, transformation or investment programmes.

Why Join Pennon?

This is more than a reporting role.

You'll Have The Opportunity To

• Influence decisions that impact millions of customers.
• Work directly with executive leadership teams.
• Become a recognised subject matter expert in a highly specialised field.
• Contribute to major investment and regulatory programmes.
• Gain exposure to strategic planning, corporate finance and regulatory leadership.
• Build a long-term career within one of the UK's leading infrastructure groups.

What's Important To Us

• Strong commercial judgement.
• High levels of integrity and professionalism.
• Resilience and ownership.
• Excellent stakeholder management skills.
• Confidence to challenge constructively and influence outcomes.
• Curiosity, ambition and a continuous improvement mindset.

Why join us?

This role offers a unique opportunity to build treasury experience within a large and complex organisation. You'll gain exposure to high-value borrowing portfolios, financial markets, forecasting and strategic funding decisions while working within a supportive and collaborative finance team.

We believe in rewarding our people for their hard work and dedication. As our Regulatory Finance Manager you'll enjoy:

• Competitive Salary – Based on experience and skills
• Annual Bonus Scheme – Recognising company performance
• Pension Scheme – Helping you plan for your future
• Flexible Working Options – We value work-life balance and offer flexible hours and hybrid working where possible
• Healthcare Benefits – Access to employee assistance programs
• Employee Discounts – On various products and services
• Annual Leave – Take time to recharge with our holiday entitlement

Closing Date: 27th November 2026
We may close this vacancy early if we receive a high volume of applications. We encourage you to apply as soon as possible.

Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process.

Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness.

Be Rock Solid

Build trust and be trusted. Be the one we all look to and can depend on.

Be You

We want you to bring your best everyday. Be yourself and make your mark in your individual way.

Be the Future

Embrace change. Drive Progress. Own the challenge.