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- Tasks: As a Regulatory Finance Accountant, you'll handle financial planning, analysis, and regulatory reporting.
- Company: SSE plc is a leading energy company focused on achieving net zero through innovative projects.
- Benefits: Enjoy flexible working, discounts on healthcare, gym memberships, and generous family entitlements.
- Why this job: Join a dynamic team driving sustainability while gaining valuable finance experience in a growing industry.
- Qualifications: You need an accounting qualification and experience in financial modelling and regulatory documentation.
- Other info: SSE promotes an inclusive workplace and offers support for diverse applicants.
The predicted salary is between 36000 - 52000 £ per year.
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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.
Seniority level
-
Seniority level
Not Applicable
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Accounting/Auditing
-
Industries
Utilities, Oil and Gas, and Renewable Energy Semiconductor Manufacturing
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Regulatory Finance Accountant employer: SSE PLC
Contact Detail:
SSE PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Finance Accountant
✨Tip Number 1
Familiarise yourself with Ofgem's regulatory framework and the RIIO price controls. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the role and the industry.
✨Tip Number 2
Network with professionals in the finance and regulatory sectors, especially those who have experience with SSE or similar companies. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your financial modelling skills, as this is a key aspect of the role. Consider taking an online course or workshop to enhance your abilities, which will make you stand out as a candidate.
✨Tip Number 4
Prepare thoughtful questions about SSE's approach to achieving net zero targets and how the Regulatory Finance Accountant role contributes to this goal. This shows your genuine interest in the company's mission and your proactive attitude.
We think you need these skills to ace Regulatory Finance Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Regulatory Finance Accountant role. Focus on your accounting qualifications, financial modelling experience, and any previous roles that involved regulatory reporting.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of SSE's mission and values that resonate with you, and explain how your background makes you a great fit for the position.
Highlight Relevant Qualifications: Clearly state your accounting qualifications (such as ICAS, ACCA, CIMA, ICAEW, or CIPFA) in your application. If you have experience with financial systems and data management, be sure to include that as well.
Showcase Your Analytical Skills: Since the role involves financial planning and analysis, provide examples of how you've successfully conducted financial modelling or sensitivity analysis in past positions. This will demonstrate your ability to provide robust financial information to stakeholders.
How to prepare for a job interview at SSE PLC
✨Understand Regulatory Frameworks
Familiarise yourself with the regulatory frameworks that govern the energy sector, particularly those related to Ofgem and RIIO price controls. This knowledge will demonstrate your commitment to the role and your understanding of the industry's challenges.
✨Showcase Financial Modelling Skills
Be prepared to discuss your experience with financial modelling and forecasting. Bring examples of past projects where you conducted sensitivity analysis or provided financial insights that influenced business decisions.
✨Prepare for Stakeholder Interaction
Since the role involves interaction with various stakeholders, practice articulating how you would communicate complex financial information clearly and effectively. Think of scenarios where you successfully collaborated with different teams.
✨Demonstrate Proactive Problem-Solving
Highlight instances where you've taken the initiative to develop financial models or improve processes under tight deadlines. Employers appreciate candidates who can work under pressure while maintaining high standards.
