Senior Analyst (Regulatory Reporting) in Glasgow

Help us create a better future, quicker. SP Energy Networks (SPEN) are working to achieve network targets set by the Scottish and UK Government as part of our journey to Net Zero. Our focus is on harnessing technology and innovation to create the networks of the future. SPEN is building a dynamic network to meet the changing demands for electricity and increasingly, renewable electricity – safely, securely and sustainably in the communities we serve.

A Senior Analyst within the Regulatory Reporting team will support the management of SPEN's regulatory reporting programme including Annual RRP submissions: this includes quality control of output (timely, accurate and complete), compliance with Ofgem's Regulatory Instructions and Guidance (RIGs), Data Assurance Guidance (DAG) and business performance reporting. The postholder will also ensure effective communication with internal and external stakeholders (Ofgem) and implement efficient end to end engagement, preparation and communication during consolidation and submission of all regulatory cost reporting.

• Support the Network Planning & Regulation, Licence & Revenue, Regulatory Reporting Team to ensure SP Energy Networks fulfils its annual, and at times ad hoc, regulatory cost reporting obligations, mainly significant RRP reporting pack to Ofgem.
• Support planning, execution and reporting of progress against the regulatory cost reporting programme for all Directorates.
• Support compliance with Regulatory Instructions & Guidance (RIGs) contained in the Licence and Ofgem’s Data Assurance Guidance (DAG) thereby mitigating risk of Ofgem investigation, improvement action or, at worst penalty from misreporting.
• Support peak period workload planning, over the annual reporting period between April and July.
• Support regulatory interface with Ofgem, DESNZ and other external regulatory bodies for regulatory cost reporting obligations across SPD and SPM.
• Support ongoing quality improvement initiatives to develop, modify and enhance existing robust data capture and reporting processes. Implement additional quality assurance to ensure ongoing compliance with reporting obligations.
• Prepare overviews and critique of the overall regulatory cost performance of the Directorates for senior management.
• Establish and build relationships under the organisational structure that ensures ongoing compliance with new and existing regulatory obligations.
• Communicate effectively at all levels both orally and in writing, and present information effectively, including the specialist knowledge relating to Ofgem RIGs and DAG.
• Forge strong relationships with internal stakeholders to ensure our systems and processes develop, align and deliver future data requirements for all reporting obligations.
• Continue the development of system driven reporting which is in line with the expectations of the Regulator and builds on the implementation of the NAMS reporting solution.
• Cultivate effective working relationships across the SPEN business while providing support to directorates which ensures annual performance is understood, and that risks are effectively managed.
• Organise your own workload over a 12-month planning horizon, setting overall annual objectives whilst managing frequent requests from across the business requiring regulatory expertise.
• Information management including input to presentations and responding to requests for information from the wider business and Executive Team.

• Able to understand the strategic objectives of SPEN to deliver changes as required by the dynamic regulatory framework.
• Experience working in a regulatory environment, with experience of influencing external and internal stakeholders.
• Support change successfully in a complex business.
• Strong analytical skills, with experience within a business reporting, planning or project management function preferable.
• Developed communication skills with the ability to influence.
• Expert user of MS Office suite, specifically in MS PowerPoint, MS Excel, with MS Access experience preferable.

• Degree level qualified in finance, accounting, engineering or other STEM field.
• Proven experience in a regulatory environment.
• Expert user of MS Office suite specifically in MS Excel.

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we’ll double match your contribution up to a company contribution of 10%. At ScottishPower, we believe it’s the little things we do in life that make a big difference. From helping you look after your family’s wellbeing, save for your future and take personal steps for climate action – our benefits are designed to help you do just that - so that you have everything you need to take care of your world – today and tomorrow.

• 36 days annual leave
• Holiday purchase – perfect your work/life balance with extra annual leave
• Share Incentive Plan and Sharesave Scheme
• Payroll giving and charity matched funding
• Technology Vouchers – save more and spread the cost of your technology purchases
• Count us in – pledge to reduce carbon emissions and help fight climate change
• Electric Vehicle Schemes – to help you transition to green/clean driving
• Cycle to Work scheme and public transport season ticket loans
• Options to purchase dental insurance, private medical insurance, health cash plan and annual health assessments
• Life Assurance (4x salary)
• Access to SmartSave financial wellbeing support
• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more

SP Energy Networks is part of the Iberdrola Group, one of the world’s largest integrated utility companies and a world leader in wind energy. We keep electricity flowing to homes and businesses through Central and Southern Scotland, North Wales and in the North West of England. We operate over 4000km of cables and lines that make up the transmission network – connecting infrastructure like wind farms into the electricity system. It’s a role that puts us right at the heart of Scotland’s ambition to be Net Zero by 2044. And we’re taking it very seriously. We’re investing over £5.5 billion into our transmission network, directly supporting the rapid growth needed in renewable energy. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.

Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you’ll fit right in.

We are committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to careers@scottishpower.com.

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.