Associate Director - Regulatory Finance - Cost of Capital (WACC) in England

This range is provided by Cambridge Credentials. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Responsibilities

• Contribute towards the team’s regulatory finance business in utilities, with opportunities to work in other sectors.
• Work closely with the director for finance in the utilities sector to help lead and further develop the team, increasing their presence in the sector.
• Identify new opportunities, contribute towards winning work, and coach junior members of staff.
• Build relationships with key clients across the sector, as well as with other advisors (e.g. legal and engineering).
• Advise on high profile and varied projects including cost of capital, financeability, risk analysis, financing strategy, financial modelling, state aid, Competition and Markets Authority re‑determinations, major transactions and more.
• Apply a structured strategic approach to problem solving, drawing on established economic and corporate finance principles while thinking creatively.
• Lead the delivery of key projects, including delegating tasks to team members, constructing project plans, managing client interactions, tracking budgets, and complying with the company’s risk processes.
• Manage, coach, and mentor junior staff on specific projects.
• Maintain a good understanding of regulatory finance issues in the regulated sectors, including setting the cost of capital or assessing financeability.

Person requirements

• Educated to a degree level in a quantitative field such as Finance, Economics, Mathematics or similar, although candidates with highly relevant, equivalent experience will also be considered.
• Significant experience in the utilities sector, either as a regulatory policy maker or as a consultant specialising in regulatory or corporate finance, with specific expertise in WACC estimation and the application of the Capital Asset Pricing Model.
• Detailed knowledge of the current UK regulatory regimes and regulatory finance mechanics for utilities, their application and impact on notional and actual capital structures and business performance.
• Strong working knowledge of economic and financial theory and its application, preferably with experience in applying corporate finance concepts in the regulated networks space.
• Highly skilled in quantitative economic and financial analysis, with experience leading projects with extensive WACC analysis elements.
• Sound knowledge of finances and financial structures of regulated utilities and their treatment within the regulatory WACC framework.
• Provide compelling and well‑thought out solutions to complex economic and financial problems.
• Excellent quantitative analysis (Stata or equivalent), Excel and Powerpoint skills.
• Exceptional written communication skills, with a proven ability to produce high‑quality, technically rigorous reports for expert audiences.
• Independent thinker with the ability to identify problems and contribute to the development of solutions.
• Experience of managing medium size project teams, focusing on mentoring and coaching junior staff.
• Proven team player who can demonstrate a clear desire to manage teams and gain the trust and support of internal colleagues.
• All UK staff who have not passed a Financial Services Authority (FSA) approved exam will be required to do so.

Our client is an equal opportunities employer, is committed to diversity and welcomes applications from a range of diverse backgrounds. They also have opportunities for role sharing/part‑time work, flexible working hours, work from home and more flexible working arrangements. They provide a workplace where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation and socio‑economic background. We look forward to your application!