Head of Corporate & Regulatory Finance Policy
- Employer
- Michael Page Finance
- Location
- England, London
- Salary
- Civil Service Pension
- Closing date
- Aug 14, 2019
View more
- Job Role
- Commercial Finance Manager
- Sector
- Public Administration & Regulation
- Contract Type
- Permanent
- Hours
- Full Time
Job Details
Provide expert advice on cost of capita, including (inter alia) how to set the cost of equity; the cost of debt; and gearing. Provide expert advice on corporate and project financing to assess the financeability of Ofgem's proposals on cost of capital, including extensive engagement with rating agencies and City analysts.
Client Details
Ofgem is the Office of Gas and Electricity Markets operating within the Public Sector and Government space. Ofgem are a non-ministerial government department and an independent National Regulatory Authority, recognised by EU Directives. Our principal objective when carrying out our functions is to protect the interests of existing and future electricity and gas consumers.
Description
Head of Corporate & Regulatory Finance Policy is responsible for:
- Leading the team providing corporate and regulatory finance inputs into each of the RIIO2 sectoral price controls. Key outputs are Business Plans following the sectoral strategy decisions (2019); the sectoral Initial Proposals and Final Proposals (2020); and the consequent Licence Modifications (by Q1 2021);
- Defending the price control Final Proposals against any appeals, including where necessary appearing as an expert witness in front of the CMA;
- Operating as a lead finance advice for OFTO Tender Rounds 5 and 6 (2019-21); Competition Proxy Model for onshore transmission; and Low Carbon RAB (if applicable)
- Assisting developing team of motivated and qualified financial advisory professionals.
Profile
Essential:
- Strong senior background in corporate and regulatory finance, which could come from any regulated sector, but direct experience in the energy sector would be of added value. Ability to apply practical corporate and regulatory finance expertise and insight to this work, allied with a highly developed understanding of both the theory and practice of corporate finance;
- Deep experience of regulatory finance and economics issues such as cost of capital, financeability, tax, depreciation, pensions and indexation, in a price control context;
- Experience of managing teams to tight deadlines;
- Experience of working with investors and/or rating agencies;
- Numerate and financially literate;
Desirable:
Previous experience at a senior level in a regulatory agency would be ideal but is not necessary.
Job Offer
£75,000 - £80,000
Civil Service Pension Scheme
Flexible working opportunities and remote working
Flexibility on working locations London / Glasgow
Head of Corporate & Regulatory Finance Policy, London, Public Sector and Government
Company
Michael Page specialises in the permanent, temporary and interim recruitment of qualified accountants. In fact, our organisation was founded to provide selection and recruitment services for accounting professionals and has been a market leader in this field for more than 35 years.
We have earned the trust of clients in industry and commerce, the banking and financial services markets and the public and not-for-profit sector. We also have an exemplary track record of completing assignments for everyone from small, boutique practices to the Big Four firms.
Many of our consultants have a background in accounting and finance – that’s real, grass roots expertise at your disposal. Combine that with the global reach you get from a company that has over 155 offices in 36 countries and you’re looking at a pretty formidable package. We are confident no other consultancy is better qualified to help you make that crucial, next step in your career.
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert