About the job

Summary

Play a leading role in creating energy solutions that are great for customers and the environment.

Ofgem is a non-ministerial government department and National Regulatory Authority. Our principal objective is to protect the interests of existing and future electricity and gas consumers. We achieve this by promoting value for money and security of supply, and facilitating the development of innovative technology. We are an independent organisation but work with government, the energy industry and other stakeholders within a legal framework determined by the UK government.

As Finance Business Partner you will help to produce the budgeted delivery plan, managing and prioritising spend against agreed objectives. Leading on medium term financial planning and spending review activities, you will track in-year and forecast performance, and support delivery against an agreed financial plan.

Providing accurate management information to support decision making will be another key responsibility, as will advising on budget assumptions, cost and workforce management and compliance requirements. Maintaining a record of financial risk, priority spend opportunities and spend control levers, championing continuous improvement and helping to improve the financial and commercial capability of non-Finance staff – these are some of the other important tasks you will focus on.

To be successful in this role, you will have an excellent track record of financial business partnering and planning at a senior level. You should also have strong technical finance abilities, and experience of working with senior financial and non-financial colleagues to deliver improved performance and value for money.

A full or part CCAB or CIMA qualification is essential, and you should be capable of advising, supporting and influencing stakeholders while maintaining strong relationships. Excellent written and oral communications skills are vital, as is the ability to present complex data in a way that influences and creates understanding. You should also have good knowledge of cost drivers, workforce strategy, data management and modelling, and the expertise to advise on risks and provide insights that enhance decision making.

We are serious about the professional development and support we offer staff. You can also expect an excellent benefits package, great working environment and a shared sense of purpose.

We welcome candidates from all backgrounds, and especially welcome individuals from underrepresented groups. While this is a full-time role, flexible working patterns and job shares are welcome.

Job description

Service Delivery

•Alongside other Directorate FBPs, produce a rolling, multi-year budgeted delivery plan for Ofgem . Produce an annual budgeted delivery plan for Directorate, managing and prioritising spend against agreed organisational/directorate objectives/forward work plan.

•Lead on medium term financial planning and spending review activities for Directorate.

•Manage monthly and quarterly processes to track in year and forecast

performance, and support delivery against agreed financial plan.

•Provide accurate and timely management information to budget holders to support effective decision making.

•Working with Finance colleagues, ensure effective provision of the full range of financial services to the Directorate including advice on budget assumptions, cost and workforce management and compliance requirements with Cabinet Office, HMT and Ofgem spending rules.

•Provide financial input into relevant change proposals and ad hoc projects to support continuous improvement, building capability and financial rigor of forward plans.

• Maintain an up-to-date record of financial risk, priority spend opportunities and spend control levers for each Directorate.

Financial Expertise

•Provide constructive challenge and advice Directorate’s business, workforce andinvestment plans to encourage sound long-term thinking. Champion change and continuous improvement to deliver improved financial performance and value for money.

•Identify appropriate solutions/options to support Ofgem and Directorate to address financial risks.

•Act as a financial coach to the business by improving the financial and commercial capability of non-Finance staff.

•Ensure Directorate decisions are based on accurate, up-to-date information and in line with agreed plan by providing robust, timely financial input.

•Provide technical accounting advice, including upskilling and training.

•Deliver consistently high standards of financial compliance, risk mitigation and valuefor money within Directorate, through influencing and explaining complex financial information in a clear way.

Relationship management

•Be a trusted advisor to the Directorate’s leadership team. Monitor financial

performance against plan and ensure that robust financial practice is embedded in day to day activities and provide insight and supportive challenge to the business.

•Attend relevant Directorate meetings on a regular basis to provide support and advice in real time, and be seen as a member of the Directorate SMT.

•Work effectively with senior stakeholders, senior colleagues and members of finance team (both inside and outside Ofgem as required) to support provision of financialservice and relevant advice.

•Work jointly with HR counterpart to ensure effective workforce planning and management.

Responsibilities

•Multi-year, rolling budgeted plan at Directorate and contribution to rolling Ofgem planning.

•Financial training to all Ofgem SCS annually and ongoing financial awareness and education.

•Robust financial planning and Monthly and quarterly budget tracking

•Accurate timely MI working with management accountants

•Provision of Financial guidance and advice to wider Ofgem stakeholders

Behaviours

We'll assess you against these behaviours during the selection process:

• Changing and Improving
• Communicating and Influencing
• Managing a Quality Service
• Working Together

Technical skills

We'll assess you against these technical skills during the selection process:

• Please see Candidate Pack for details.