Regulatory Finance Manager

Regulatory Finance Manager

Salary £50,000 –£74,000 per annum depending on experience

Up to 10% bonus

Permanent contract 40 hours per week

Located in Leeds

We have an amazing opportunity for a Regulatory Finance Manager to join our team based at Thorpe Park, Leeds on a permanent contract.  This is a new role within our Regulation and Strategic Planning Directorate, and you will be supporting the Head of Regulatory Finance.

You will be focussing on the financial aspects of the RIIO-GD3 Price review and our Business Plan, drafting consultation responses and delivering regulatory finance analysis and modelling.  As a key member of our team, you will be the first point of contact for external and internal stakeholders on the financial aspects of the price control, engaging with Ofgem and/or other network companies as and when required.

The role requires hands-on knowledge and experience of the regulatory framework in gas or another regulated utility, however, it will also offer excellent strategic development opportunities within our organisation.

Key accountabilities and responsibilities

Take an active role in the price control reviews: be the first point of contact in relation to RIIO-GD3 NGN’s Business Plan; draft and otherwise contribute to NGN responses to Ofgem consultations in preparation for RIIO-GD3 and future price controls;

Deliver quantitative analysis and impact assessments, formulate arguments, and prepare material to influence Ofgem’s policy decisions as regards regulatory finance.

Perform financial modelling and scenario analysis using industry and NGN bespoke models with primary regard to NGN’s finance ability.

Become a subject matter expert on regulatory finance aspects of NGN’s Licence and Ofgem’s price control documentation to support the wider business.

Participate in industry working groups, advancing NGN’s interests, and positively contributing to its reputation as a trusted partner.

What we are looking for

Your experience of working at a regulator, a regulated utility or a specialised consultancy and knowledge of the UK regulatory framework is highly desirable.  However, we would welcome seeing how your skills from other areas such as investment banking could be utilised in the gas sector.

A degree or equivalent in either Finance, Economics or Business.

Knowledge of CAPM, asset valuation and credit quality assessment fundamentals.

In-depth knowledge and extensive hands-on experience in MS Excel, practical skills in MS PowerPoint and MS Word.

Excellent analytical skills, attention to detail and accuracy in data interpretation would be paramount with the ability to gather data, analyse information, and produce presentations and reports.

What we offer you

Salary of up to £74,000 per annum depending on experience

Up to 10% bonus  

40 hours per week, Monday to Friday, with three days a week at our office in Leeds

Free onsite parking at all our sites

25 days annual leave (plus recognised bank holidays and 2 half days over the Christmas period) 

SSP for the first 7 calendar days then occupational sick pay 

A generous stakeholder 5/10 pension scheme 

Flexible benefits and salary sacrifice options... from discounts on a variety of UK attractions, gym membership, restaurant discounts, experience days...and much more! 

An array of fantastic family-friendly policies such as 6 weeks paternity leave (for eligible employees) and 6 months full pay for employees on maternity leave (for eligible employees), as well as shared parental leave and many more! 

We are ... Northern Gas Networks.  We deliver gas to 2.7 million homes and businesses in the North East, Northern Cumbria and much of Yorkshire.  We don’t generate or sell the gas, but we transport it to homes and businesses in our region through a vast network of underground pipes.  In fact, we own and maintain more than 37,000km of gas pipes - enough to stretch from Leeds to Sydney and back again.  We cover large cities like Newcastle, Sunderland, Leeds, York, Hull, and Bradford, and our work extends to rural areas like North Yorkshire and Cumbria. 

Our Values are at the heart of what we do. In addition to your key responsibilities, you will incorporate these into the daily life of your role.  We are … Trailblazing, Empowered, Heartfelt, Community Focused, Intellectually Curious and most of all we are Happy!

Our Equality, Diversity and Inclusion culture at NGN is embedded in everything that we do. We will be delighted to hear from a diverse range of applicants, so we can continue to grow our great team of people.

Next Steps.  Please apply by clicking apply and uploading your CV (and a cover letter, if desired). We love to see how your experience and skills are transferable to this role so please ensure these are all included in your application. Once the advert has closed, we will be in contact within one week to let you know if you have progressed to the next stage. We are looking to hold interviews for this role throughout July and we look forward to receiving your application for the role. 

If you require adjustments to support you throughout the recruitment process, we want to hear about how we can help. Any applicant that requires reasonable adjustments from the initial application through to the interview is asked to contact the Recruitment Team at