Job Description

• Produce quarterly regulatory accounts for water company regulated business, full year external accounts submission to Ofwat regulator, using agreed cost allocation methods.
• Review of regulatory accounts with internal management team, with commentary on key drivers and changes.
• Laising with internal teams to answer questions from Ofwat regulator.
• Understanding and maintaining detailed knowledge of the regulatory accounting guidelines, and providing education to the business as required
• Regular reporting of regulatory accounts for presentation to leadership team and board.
• Update Ofwat models and tables on a regular basis as required
• Be the key lead to the audit of the regulatory accounts with external auditor
• Develop and maintain long term financial modelling greater than 5 years including long term debt covenants.
• Provide key support to the longer term financial business planning cycle as guided by Ofwat.
• Calculation of charges and invoicing for MOSL market operator for non-household customers.
• Implementation of business controls and procedures, including regular update of the accounting separation (for regulatory accounts) methodology statement.
• Development of timetable, procedures, improvement of key financial reporting and system development.

Required Knowledge, Skills, and Abilities

GCSE Grade C or above in Maths and English, or equivalent Activity based costing and analysis of data Building relationships with external audit Strong numerical and analytical skills. Excellent verbal and written communications skills Ability to work across departments - both as a customer of other departments and as a service provider to others. Can work in a time pressured environment. Enthusiastic to streamline processes and systems Demonstrates attention to detail. Experienced in the use of Microsoft Navision.