Financial Modelling Analyst

Job title:

Financial Modelling Analyst

Company

Severn Trent Water

Job description

Our people are what makes Severn Trent a truly exciting and inclusive place to work. We’re a team of over 9,000 people with a purpose to deliver one of life’s essentials, and we do it all while thriving in our unique culture.We’re a growing, Midlands based FTSE100 plc and welcome people from all walks of life, celebrating their individuality, as we know diverse minds, experiences and backgrounds help us to learn and better serve our customers and the communities we represent.It’s an exciting time to join, as we have a huge ambition to deliver bigger and better than ever before over our next five-year regulatory period. If you’re seeking an exciting and thoroughly rewarding career in Finance, Severn Trent is the place to be.EVERYTHING YOU NEED TO KNOWWe have a fantastic opportunity for you to join us as a Financial Modelling Analyst. The role will report into the Modelling Lead and the aim to ensure the long-term success of the business by focusing on our long-term financial planning across the Group. Working with the wider FP&A and Business Planning teams, the role holder will be ideally placed to make connections across the business and drive uniformity across short, medium- and long-term plans.Key responsibilities will include:

• Maintenance, evolution and adaption of the Corporate Model, bringing together the Group’s financial performance over the long-term to understand and report the impact of plans on key financial metrics
• Monitor the in-year and longer-term Return on Regulatory Equity (“RoRE”) forecast and develop the model to encompass all elements of RoRE, supporting delivery of RoRE in line with expectations at year end
• Work alongside the Group FP&A Reporting and Business Planning teams to understand our in-year financial position and future business plans and their impact from a regulatory finance perspective
• Continuously develop and improve existing processes for automation and standardisation
• Develop an in-depth understanding of regulatory finance to clearly and simply translate between the statutory and regulatory worlds
• Support the wider finance and regulation teams throughout Ofwat’s price review process and act as a key advisor to the wider finance team on regulatory issues
• Advise and guide regulated and non-regulated entities on development of their short and long term growth plans to assess the financial benefits and options, including ownership of key assumptions for business cases.
• Contribute to the monthly rhythm of the team including commentary and analysis for the monthly financial update to our Executive Committee to support with strategic decision making.

WHAT YOU’LL BRING TO THE ROLETo be considered for this role, you’ll need:

• Financial qualification in ACCA, ACA or CIMA.
• An ability to understand complex regulatory frameworks and mechanisms
• A continuous improvement mindset with an ability to create new processes from scratch
• Demonstrable track record of taking the lead in diagnosing business issues and delivering performance improvements, with a high level of curiosity to identify and investigate issues as they arise
• Being able to move seamlessly between high level concepts and detailed analysis at the lowest level
• Working collaboratively across departments to deliver a successful outcome.

In addition, you should have the ability to articulate a position and make recommendations which will enable leadership teams to make strategic decisions based on reliable and accurate information. Having the ability to build strong and credible working relationships across the organisation is a must. You should be adept at influencing both at a senior level and being able to guide and constructively challenge when required.WHAT’S IN IT FOR YOUWorking here isn’t just a job. You can build a career at Severn Trent. We’ll reward you for it, too. We have a range of benefits that recognise great work, and award-winning training to help you reach your potential. And we’ll also help you play your part in looking after the environment and the communities where we live.With that in mind, here are just some of our favourite’s perks that you’ll get being part of the Seven Trent family:

• Salary of £45,000 – £59,000
• 28 days holiday + bank holidays (and the ability to buy/ sell up to 5 days per year)
• Annual bonus scheme (of up to £2,250 per annum based on company performance)
• Leading pension scheme – we will double your contribution (up to 15% when you contribute 7.5%)
• Sharesave – the chance to buy Severn Trent Plc shares at a discounted rate
• Dedicated training and development with our Academy
• Electric vehicle scheme and retail offers
• Family friendly policies
• Two paid volunteering days per year

At Severn Trent, you’ll be joining a culture that cares, one that works together to achieve, grow, and develop. And when it comes to our employee engagement scores – they’re some of the highest of energy and utility companies globally and we believe that is down to our wonderful culture, created by our wonderful people.That why’s when it comes to how we work, we want to keep up those special in-person moments, to keep our culture alive. But don’t get us wrong, we understand the flexibility that working remotely can bring. Which is why when it comes to how we work – you’ll usually find us in the office, but when you need to work remotely, we’re here for it, when you need it – if suitable for your role.WHATS NEXT?We can’t wait to hear from you.Before you apply, you’ll need an updated copy of your CV and about five minutes to spare. We’ll always let you know the outcome of your application after the closing date too – so keep an eye on your phone and emails.

Expected salary

£45000 – 59000 per year

Location

Coventry

Job date

Wed, 17 Jul 2024 22:42:46 GMT

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