Senior Associate, Financial Analysis

Ofcom

Greater London

On-site

GBP 65,000 - 90,000

Full time

11 days ago
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Job summary

Ofcom, the UK's communications regulator, is seeking a Senior Associate Financial Analyst within the Economics and Analytics Group in London to support the Online Safety fees regime and provide financial analysis for enforcement and regulatory activities.

The role combines financial modelling, data analysis and stakeholder engagement, requiring clear communication of complex financial matters to technical and non-technical audiences. Remote work is not indicated.

Qualifications

  • Strong financial analysis, accounting or financial reporting experience.
  • Experience reviewing statutory accounts, financial statements and corporate disclosures.
  • Experience developing and maintaining financial models and analytical tools.
  • Strong Excel skills and experience working with large datasets.
  • Experience preparing concise, evidence-based recommendations for senior stakeholders.
  • Excellent written and verbal communication skills.

Responsibilities

  • Collaborate with economists, policy professionals, lawyers, technologists, and enforcement teams across Ofcom.
  • Support the operation and development of Ofcom's Online Safety fees regime, including reviewing submissions and invoicing.
  • Perform financial analysis and reconciliations using statutory accounts and management information.
  • Produce management information, revenue reporting and insights to monitor fee regime performance.
  • Conduct financial analysis to support compliance assessments, investigations and enforcement activity.
  • Prepare and present robust financial evidence to support regulatory decisions and information requests.
  • Work with legal, policy and enforcement teams to ensure financial evidence is accurate and documented.
  • Develop and maintain financial models to support revenue estimates and forecasting.
  • Analyse complex datasets to deliver evidence-based insights.
  • Act as a financial SME to support stakeholders and explain complex matters clearly.
  • Build relationships with multidisciplinary teams and external organisations.
  • Identify opportunities to improve processes and analytical methodologies.

Skills

Strong financial analysis
Review statutory accounts
Financial modelling
Excel proficiency
Evidence-based recommendations
Written and verbal communication

Tools

Excel

Job description

Closing Date:
27/09/2026
Group:
Economics and Analytics Group
Management Level:
Senior Associate
Job Type:
Permanent

Job Description

Please note that this role will close at 00:01 on Sunday 27 September, and therefore we advise getting your application in by no later than midnight on Saturday 26 September.

About Ofcom

As the UK's communications regulator, we're delivering vital work to make communications work for everyone.
Our work covers everything from phones and broadband, through to online safety, TV and radio, the postal service, and wireless devices. We need people of all backgrounds, skill sets, and experiences to help us achieve our ambitions on behalf of the British public.

About the team you'll be part of

Ofcom's Economics and Analytics Group (EAG) is a dynamic, international team of around 120 applied microeconomists, data analysts, behavioural economists and finance experts. As experts in evidence, we provide thought leadership, technical and sector expertise, and financial and economic insights to shape policy and regulatory decisions.

The purpose and scope of the role

As a Senior Associate Financial Analyst within EAG supporting the OSG, you will play a key role in supporting the development and operation of Ofcom's Online Safety fees regime and providing financial analysis to support enforcement and regulatory activities.

The role combines financial analysis, stakeholder engagement, financial and economic modelling, and regulatory oversight, requiring strong analytical skills and the ability to communicate complex financial matters clearly to both technical and non-technical audiences.

At Ofcom, you will have the opportunity to:

Contribute to one of the UK's most significant new regulatory regimes, applying your financial expertise to complex regulatory challenges while working alongside specialists from a range of disciplines and influencing decisions that help make the online world safer.

Your Key Responsibilities
  • You will collaborate with economists, policy professionals, lawyers, technologists, operational teams and enforcement specialists across Ofcom.
  • Support the operation and ongoing development of Ofcom's Online Safety fees regime, including reviewing financial submissions, assessing reported revenues and supporting fee calculations, invoicing and cost recovery activities.
  • Perform financial analysis and reconciliations using statutory accounts, management information and other supporting evidence, identifying anomalies, inconsistencies and potential risks within submitted financial information.
  • Produce management information, revenue reporting and financial insights to support monitoring of fee regime performance and industry revenues.
  • Conduct financial analysis to support compliance assessments, investigations and enforcement activity, including reviewing financial records, corporate structures and revenue streams.
  • Prepare and present robust financial evidence and analytical outputs to support regulatory decision-making, appeals, challenges and information requests.
  • Work closely with legal, policy and enforcement teams to ensure financial evidence is accurate, defensible and clearly documented.
  • Develop and maintain financial models to support revenue assessments, forecasting, scenario analysis and business planning activities.
  • Gather, analyse and interpret complex financial and operational datasets, delivering accurate, transparent and evidence-based insights.
  • Act as a financial subject matter expert, supporting internal and external stakeholders and explaining complex financial matters clearly and effectively.
  • Build productive working relationships with multidisciplinary teams, regulated services and external organisations.
  • Identify opportunities to improve processes, reporting, analytical methodologies and quality assurance frameworks, contributing to the continuous development of Ofcom's financial analytical capability.
The Skills, Knowledge and Experience You'll Need for Success
Job-Based Skills
Essential
  • Strong financial analysis, accounting or financial reporting experience.
  • Experience reviewing statutory accounts, financial statements and corporate disclosures.
  • Experience developing and maintaining financial models and analytical tools.
  • Strong Excel skills and experience working with large datasets.
  • Experience preparing concise, evidence-based recommendations for senior stakeholders.
  • Excellent written and verbal communication ski
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