Salary: £32,700 - £45,000 plus bonus depending on skills and experience
Working Pattern: Permanent | Full Time, 37 Hours Per Week | Flexible working patterns available
About the Department
Our SSE Finance function has a key part to play in fulfilling SSE's obligations as a UK-listed company, providing expertise and services that can be shared across the SSE Group, and working in partnership with all businesses to provide services tailored to their specific needs. SSE operates in a highly regulated and increasingly competitive environment, and our role is to ensure that we gather, compile, analyse and recommend on the financial strategy for our businesses, identifying opportunities to drive efficiencies and create value for SSE now, and in the future.
What is the Role?
This role will be responsible for providing commercial finance support to the Electricity Distribution business at a critical time of change in the business and scrutiny in the industry. As a natural monopoly, our Electricity Distribution business is subject to regulatory oversight by the industry regulator, Ofgem. As such we have a 'Regulatory Contract' (referred often to as a Regulatory License) in which we are required to comply with several obligations and underpins our financial and business performance drivers.
We are currently towards the end of price control period for Electricity Distribution (RIIO-EDI) and preparing for next period (RIIO-ED2). With the business also going through a substantial period of change, ensuring delivery for customers and shareholders is of utmost importance. As such, this is a varied, challenging and commercially driven role which will support the provision of financial support and challenge to the Electricity Distribution business including its Leadership Team and Senior Management. This is a high-profile role which will have exposure to strategic, business critical information and priorities, and is pivotal to providing the financial support required to the business during this period of change. This will involve providing financial analysis, financial modelling and cost benefit analysis to support Networks Operations, Asset Management and wider commercial decisions.
Supporting the Distribution Finance Business Partner and leading the preparation of annual reporting cost information to Ofgem.
Responsible for preparing various aspects of the regulatory reporting requirements to Ofgem including liaising with external auditors, business assurance and compliance;
Establishing and improving processes, procedures and methodologies to improve reporting and the control framework as required by our regulatory licenses;
Provide Benchmarking analysis and insight to drive business strategy and activities.
Working closely with colleagues in Distribution and Finance to improve robustness and quality of financial information, while also using this information to help drive business efficiencies.
Providing financial support to aid decision making in the Distribution business, providing financial modelling, analysis, oversight and governance;
Building strong working relationship with key stakeholders (both internal and external), including Ofgem, network operators, the business, wider finance teams, regulation and other corporate functions.
What do I need?
Maths / Statistics /Accounting degree or similar.
Accounting experience and working towards a professional accounting qualification (ICAS, ICAEW, ACCA, CIMA or CIPFA) would be advantageous
Willing to undertake a varied and challenging role (this may include finance-based responsibilities such as finance business partnering, regulatory finance, corporate finance and long-term planning models, with involvement in financial control; or adjacent regulatory responsibilities);
Able to work to tight timescales, under pressure and deliver to a high standard;
Has an interest in understanding the wider business and its commercial drivers and keen to develop skills and experience further as part of professional development;
Is pro-active and uses initiative to develop and enhance financial support to the business to help maximise value;
Overall, you will need to be assertive, pro-active and diligent in their approach and be willing to undertake challenging tasks often beyond their 'comfort zone'.
The ideal candidate will be career focused, seeking an opportunity in a leading FTSE plc.
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All applications should be submitted online however to discuss any adjustments you may require to submit your application please get in touch. We'll let you know the outcome of your application after the closing date.
Please be aware if you are successful, you will be required to complete our pre-employment screening process before joining SSE.
We all have different skills here at SSE and that's what makes us stand out. We all take pride in a job well done and share the belief that an inclusive culture is key to our success and vision for the future. Above all, safety is at the heart of everything we do at SSE and we live by the mantra 'if it's not safe, we don't do it'.
SSE is an equal opportunity employer. We encourage diversity and are committed to creating an inclusive environment for all employees.