Regulatory Financial Planning and Analysis (FP&A) Accountant

SSE has big ambitions to be a leading energy company in a low carbon world. Our SSEN Networks businesses are responsible for the electricity Transmission and Distribution networks in the North of Scotland and the Distribution network in central southern England. We’re on a mission to revolutionise the energy landscape by upgrading the grid, bringing cleaner energy to homes and businesses across the country. Investing over £20bn to 2030 in critical national infrastructure, now is your chance to join us and help power change.

About the Role

Job Title: Regulatory Financial Planning and Analysis (FP&A) Accountant

Location: Perth/Glasgow

Salary: Circa£45,000 + performance-related bonus + a range of benefits to support your finances, wellbeing and family.

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

This role will be responsible for financial planning and analysis for the SSEN Transmission & Distribution businesses at a critical time of growth in the industry to aid net zero targets, reporting to the Senior Regulatory Finance Manager. Regulated by Ofgem, these businesses are subject to five year price control periods; and you will be supported to build your regulatory expertise while you learn on the job.

You will primarily be responsible for long-term financial modelling, which is a key driver in informing our strategic direction. 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.

The role has a wide reach of stakeholders in addition to the business including our regulator Ofgem, investors, analysts, credit rating agencies and internal corporate functions.

This is a varied and challenging role with primary responsibilities as follows:

- Financial modelling of long-term forecasts for the Distribution and Transmission network companies, including the provision of financial insight and communicating the forecasts to key business stakeholders.

- Execution of Networks price control financial modelling to support business decisions and forecasting responsibilities.

- Reporting of regulatory performance to Ofgem.

- Providing regulatory finance support for the RIIO-2 and RIIO-3 price controls for both Distribution and Transmission.

- Key point of contact for interactions with our Regulation, Corporate Finance and Investor Relations colleagues with reference to both internal and external modelling.

- Establishing and maintaining a working relationship with Ofgem, specifically relating to price control queries.

To be considered for this role, we would love you to have a:

- Full accounting qualification or hold a suitable alternative financial qualification.

- Ability to work to tight timescales, under pressure and deliver to a high standard.

- Pro-active attitude who uses their initiative to develop financial models and outputs.

- Confidence reviewing finance related elements of legal/regulatory documentation.

- Financial modelling experience is desirable

- Understanding of financial systems, data management and general application of estimation and calculation methodologies would be highly advantageous

About our Business

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's in it for you?

We offer an excellent package with 34 days annual leave entitlement. Enhanced maternity/paternity leave, discounted healthcare, salary sacrifice car leasing and much more; view our full benefits package on our careers site.

As an equal opportunity employer we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments you need during the application, assessment and upon joining SSE. Search for 'Inclusion & Diversity at SSE' to find out more.

What happens now?

All applications should be made online, and we’ll be back in touch after the vacancy closing date to let you know the outcome.