Graduate Development Program, Associate Analyst, Regulatory Delivery and Strategy

National Grid Plc; Waltham (MA); On-site; USD 71,000 - 84,000; Full time

Benefits offered by this job

Mentorship program

Cross-functional exposure

Networking opportunities

Comprehensive benefits package

Competitive salary

Job summary

National Grid’s Graduate Development Program offers recent graduates a year-long, structured development path in regulatory delivery and strategy. The Associate Analyst role focuses on forecasting, financial reporting, and strategic decision-making across ESMP projects while building relationships with project teams and stakeholders.

You’ll gain exposure to SAP and IFRS/US GAAP concepts, participate in mentorship and development sessions, and contribute to cost recovery filings.

Qualifications

• Bachelor’s or Master’s degree in Finance, Accounting, Business Administration, or related field.
• Experience with Excel including pivot tables.
• Ability to build relationships and communicate with stakeholders.
• Interest in US GAAP and IFRS; familiarity with SAP or similar financial systems.

Responsibilities

• Develop understanding of regulatory requirements, accounting policies, and financial processes to support the finance team and stakeholders.
• Support financial reporting, forecasting, and analysis for ESMP capital investments and operating expenses.
• Maintain project and portfolio forecasts, analyze variances, and identify trends across planning horizons.
• Monitor financial data, project work orders, and controls to ensure accurate reporting and cost allocation.
• Build strong relationships with project teams, finance professionals, regulatory stakeholders, and business partners across National Grid.
• Support cost recovery filings through preparation of cost exhibits and supporting documentation.

Skills

Excel

Stakeholder communication

Forecasting

Data analysis

Financial reporting

Education

Bachelor’s or Master’s degree in Finance/Accounting/Business Administration

Tools

SAP

PowerPlan

Job description

Graduate Development Program, Associate Analyst, Regulatory Delivery and Strategy

About the Position

Are you excited by the idea of turning data into decisions that drive major energy investments? As an Associate Analyst on the Regulatory Delivery and Strategy team supporting National Grid's Electric Sector Modernization Plan (ESMP), you will help support the investments and financial strategies that are building the energy systems of tomorrow. You will work with project managers, finance professionals, and regulatory stakeholders to support forecasting, financial reporting, and strategic decision-making across a portfolio of modernization projects.

You will develop experience in project financial management, forecasting, portfolio reporting, and regulatory finance while building strong analytical and stakeholder management skills. This role offers exposure to teams across National Grid and is a great fit for someone who enjoys working with data, collaborating with others, and contributing to projects that support the company's long-term energy goals.

What You’ll Do

• Develop an understanding of regulatory requirements, accounting policies, and financial processes to support the finance team and key stakeholders.
• Support financial reporting, forecasting, and analysis for ESMP capital investments and operating expenses.
• Maintain project and portfolio forecasts, analyze variances, and identify trends across multiple planning horizons.
• Monitor financial data, project work orders, and controls to help ensure accurate reporting and cost allocation.
• Build strong relationships with project teams, finance professionals, regulatory stakeholders, and business partners across National Grid.
• Support cost recovery filings through the preparation of cost exhibits and supporting documentation.

What You’ll Need to Apply

• Bachelors or Master's degree from an accredited institution. Preferably in Finance, Accounting, Business Administration, or a related field.
• Experience using Excel, including pivot tables, through coursework, internships, co-ops, or project work.
• Ability to build relationships and communicate effectively with a variety of stakeholders.
• Interest in learning accounting principles (US GAAP and IFRS) and financial management systems such as SAP.
• Graduated between May 2026 and June 2027
• Ability to begin the National Grid Graduate Program on June 7, 2027, or July 12, 2027
• Valid driver's license required with a safe driving history that meets National Grid's Safe Driver policy
• Work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (such as sponsorship for an H-1B, TN, O, L, STEM OPT, or other employment-based work authorization)

It would be awesome if you had

• Exposure to financial management systems such as SAP, PowerPlan, or similar platforms through coursework, internships, co-ops, or project work.
• Exposure to accounting, financial reporting, or project accounting through coursework, internships, co-ops, or project work.

What You'll Get in Return

• Structured development opportunities, mentorship, and ongoing feedback to accelerate your career growth
• Exposure to leaders, cross-functional teams, and diverse areas of the business
• Opportunities to build your professional network and develop lasting industry connections
• Meaningful work and real-world experience that provide a strong foundation for a long-term career at National Grid
• Competitive salary ranging from $71,000 to $84,000, plus a comprehensive benefits package

National Grid's Graduate Development Program (GDP) is a year-long development program for recent college graduates who aspire to take on future leadership roles in a dynamic, ever-changing industry. Graduates will shape the future of National Grid. Bringing fresh thinking, new perspectives, and exploring with energy, we’ll give you real responsibility and an opportunity to move with purpose from day one – putting the power to supercharge your career in your hands.

Graduates start their careers at National Grid with an in-depth 3-week in-person Orientation which gives you exposure to all parts of the company, allows you to network with your Graduate cohort, GDP alumni, and senior leaders, and provides you with the opportunity to travel throughout our service territory in the northeast US. Following Orientation, you’ll begin working in the full-time position outlined below and take part in robust in-person and virtual development activities throughout the year. This includes monthly development sessions, active mentorship, and an intensive and immersive “Hackathon Project” where you “hack” a real-world National Grid problem.

About National Grid

National Grid is the critical energy infrastructure company, operating the electricity and gas networks and infrastructures that connects millions of people to the energy they use every day, supporting homes, businesses and communities across Massachusetts and New York.

We know the future of energy won't be shaped by what we know today. It will be shaped by what's possible tomorrow. That's why we're investing in the next generation of talent, giving undergraduates and graduates the opportunity to learn from experts, gain hands‑on experience and contribute to work that matters from day one.

Are you ready to unlock the power of the possible?

More Information

Salary Range
Waltham, Massachusetts $71,000 - $84,000 a year

National Grid will not be providing visa sponsorship for this position now or in the future. You must have the ability to work without a need for current or future visa sponsorship.

Please note US Colleagues must reside within our existing footprint, which includes Massachusetts, New York, New Jersey, Pennsylvania, Connecticut, New Hampshire, Maine, Rhode Island and Vermont. As a National Grid employee, you should also reside within a reasonable, commutable distance to your assigned primary office.

Applications close on December 1, 2026. As we review applications on a rolling basis, this posting may close earlier if we receive a sufficient number of qualified applications. Early application is encouraged.

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144 .

National Grid is committed to providing equal employment opportunities to all employees and applicants for employment regardless of protected class. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, or any other protected status in accordance with applicable federal, state, and local laws. National Grid maintains affirmative action programs for individuals with disabilities and protected veterans.

Our employment practices are designed to ensure that all individuals are treated fairly and with respect throughout the hiring process and during employment. National Grid complies with all applicable federal, state, and local anti-discrimination laws. We are dedicated to fostering a workplace that is free from unlawful discrimination and harassment, and we encourage a culture of respect for all.

National Grid operates in both the UK and US, with a broad portfolio of energy businesses dedicated to providing safe, reliable, and sustainable power.

From electricity and gas transmission to advancing clean energy and modernising grids, our work covers every aspect of the energy system.

Our energy flows through absolutely everything we do

Life here at National Grid is more than just our purpose or our values, it's everything we put into everything we do. It's our commitment to diversity and inclusion; how we help our employees learn and grow; and how we partner with and support the communities where we live and work. It's all this, and so much more.

We leverage our collective strengths to do meaningful BIG work so that we can be at the heart of a fair and affordable energy future.

Your salary is reviewed each year against the market for your role, skills, knowledge and experience.

Incentive

Annual performance plan or bonus (depending on your role) rewards your contribution to our success each year.

Retirement

Generous pension plan with company contributions up to 12%.

Private medical insurance for self and family.