Principal - Corporate Finance, PR19

London , Birmigham
£48,891 - £74,782
08 Jun 2018
11 Jul 2018

Are you looking for a challenging role that’s professionally fulfilling, provides development and where you will able to influence the affordability of a service used by millions of households across England and Wales?

We’ve got just the job for you - join us as Finance Analyst – PR19!

Here at Ofwat, our multi-disciplinary team is rapidly expanding to meet the needs of the 5 year price review cycle. This major programme of work provides the framework for a resilient long-term future for water, providing more of what matters to customers at a price they can afford and are willing to pay.

We have some exciting opportunities for experienced Finance Analysts. These are fixed term appointments (until March 2020) where you will play a central role in the delivery of our next industry price review and help shape our future work programmes.

As a Principal, you would play a key role in our price review and will lead a work stream within our wider programme of work on risk and return within the PR19 price determination programme. This work stream is responsible for assessing financial aspects of company business plans - determining the cost of capital (including cost of debt, cost of equity and gearing), ensuring the price determinations we set are financeable, ensuring the financial rewards and penalties that underpin regulatory financial incentives deliver the proposed policy objectives and assessing company policies on issues that include dividends, performance related elements of executive pay and financial resilience.

Educated to degree or post-graduate level in a relevant discipline, you’ll be highly numerate with strong analytical skills. We would particularly like experience with any of the following: developing and using financial indicators to monitor the performance and financial stability of companies, reading and interpreting financial data, experienced with financial and/or economic analysis using Excel, understanding of economic regulation, particularly price reviews.

These roles are offered on a fixed term contract with a salary of £48,891 - £74,782 at Principal level. In addition, we offer a substantial benefits package including 25 days holiday plus 10 ½ bank holiday and privilege leave days per annum among other benefits. While you will be based from either our Birmingham or London office (please specify your preference at application) with a requirement to travel to the other office as required, we do operate a truly flexible and agile working culture with all of the IT/infrastructure (including a Surface Pro and iPhone 7) to enable you to work efficiently where and when needed.

This essential and high profile programme of work happens every 5 years and this is your chance to contribute your expertise to this cycle and help us to achieve great things within the water sector. To find out more details about the opportunities and how to apply, please visit our website.

Interviews are planned to take place in July at both our Birmingham office. If you’d like further information or to apply, please email and attach a CV supplement form (mandatory) and Diversity monitoring form (optional) with your application. Forms can be found on our website.