Regulatory Finance Accountant

Base Location: Glasgow or Perth

Salary: £42,600 - £64,000 + performance-related bonus + a range of benefits to support your finances, wellbeing and family.

Working Pattern: Permanent | Full Time | Flexible First options available

Our Distribution businesses are subject to oversight by the industry regulator, Ofgem and must adhere to five-year price control periods. In this role you will learn how the business operates and the nature of our regulatory obligations under our existing RIIO price controls.

As Regulatory Finance Accountant, you'll be responsible for financial planning & analysis and regulatory reporting for our Distribution businesses at a critical time of growth in the industry to aid net zero targets, reporting to the Head of Regulatory Finance & Core Operations.

You'll be responsible for long-term forecasting and regulatory reporting to Ofgem and will be vital in the decision-making process by providing robust financial information to stakeholders. This will involve interaction with the business to understand regulatory aims and priorities as well as a sound understanding of the regulatory mechanism. The role is also corporate finance focussed and will be key in both supporting and evaluating business decisions.

You will

• Provide financial modelling of long-term forecasts for our Distribution businesses, providing financial insight, conducting sensitivity analysis and communicating key messages to stakeholders in order to drive business decisions.
• Be the key point of contact for interactions with our Regulation, Corporate Finance and Investor Relations colleagues with reference to both internal and external modelling.
• Conduct Regulatory reporting to Ofgem including performance overview and tariff setting.
• Provide regulatory finance support for both the current and future price control periods for Distribution.
• Establish and maintain a working relationship with Ofgem, specifically relating to price control queries.

You have

• Appropriate accounting qualification (ICAS, ACCA, CIMA, ICAEW or CIPFA) in an equivalent role.
• Understanding of financial systems, data management and general application of estimation and calculation methodologies would be highly advantageous.
• Confidence reviewing finance related elements of legal/regulatory documentation.
• Financial modelling experience is desirable.
• Ability to work to tight timescales, under pressure and deliver to a high standard with a pro-active attitude and uses initiative to develop financial models and outputs.

About SSE

SSE has a bold ambition – to be a leading energy company in a net zero world. We're building the world's largest offshore wind farm. Transforming the grid to provide greener electricity for millions of people and investing over £20 billion in homegrown energy, with £20 billion more in the pipeline.

Our Finance teams create value for all SSE business areas and play a key role in fulfilling our obligations as a FTSE100 UK-listed company. In a highly regulated and competitive environment, their experts keep us powering ahead by identifying efficiencies, providing advice and optimising our financial strategies.

Flexible benefits to fit your life

Enjoy discounts on private healthcare and gym memberships. Wellbeing benefits like a free online GP and 24/7 counselling service. Interest-free loans on tech and transport season tickets, or a new bike with our Cycle to Work scheme. As well as generous family entitlements such as maternity and adoption pay, and paternity leave.

Work with an equal opportunity employer

SSE will make any reasonable adjustments you need to ensure that your application and experience with us is positive. Please contact laura.morrison@sse.com / 01738 341814 to discuss how we can support you.

We're dedicated to fostering an open and inclusive workplace where people from all backgrounds can thrive. We create equal opportunities for everyone to succeed and especially welcome applications from those who may not be well represented in our workforce or industry.

Ready to apply?

Start your online application using the Apply Now box on this page. We only accept applications made online. We'll be in touch after the closing date to let you know if we'll be taking your application further. If you're offered a role with SSE, you'll need to complete a criminality check and a credit check before you start work.

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