Finance Manager| Regulatory

Place of work London Colney
Contract type -
Start date -
Salary -

Job details

Job description, work day and responsibilities

Job description
• Are you a qualified accountant, who is brilliant with communication?
• Are you a pragmatic team player, who can manage conflicting priorities?
• Are you great with stakeholder management?

If so, you could be perfect as our Finance Manager, Regulatory, based in either London, Bristol or Birmingham.

You will be working in the Openreach Regulatory Finance (within the Openreach Central Finance Team), consisting of a Senior Manager and three Finance Managers. You will be responsible for providing insights, financial impacts, and analysis on regulatory matters through a deep understanding of the business services and the operational units that supply them.

Openreach has significant market power (SMP) in the Fixed Telecoms market in Great Britain and Northern Ireland, and the vast majority of Openreach’s products that we sell are subject to regulation. Openreach Regulatory Finance provides a key role in ensuring our regulatory obligations with Ofcom are met; the Regulatory Financial Statements are effectively used in commercial pricing analysis and decisions; and we effectively contribute to our Regulatory agenda when lobbying Ofcom.

If you are interested in this great opportunity, we encourage you to apply today or reach out for a confidential discussion. We look forward to hearing from you!

You'll Have The Following Responsibilities
• Provide business partner support to Openreach Regulatory Affairs, Pricing and Group Competition Finance.
• Support the Regulatory Affairs Team: on strategic regulatory business cases and/or new regulatory matters.
• Support the Commercial Pricing Team: on regulatory impacts of pricing decisions and the wider Openreach Finance Team by providing accurate modelling of regulatory returns across various markets and services.
• Support the Group Competition Finance Team: on implementing regulatory directives in the regulatory financial statements.
• Be a financial lead on the pricing compliance; cost modelling; regulatory compliance; risk monitoring/assessment; and regulatory financial statements.
• Perform regulatory financial analysis through a clear and deep understanding of the wider business and provide advice/council.
• Develop and maintain complex cost models to analyse and support future changes to regulations (e.g. market reviews).
• Develop modelling and report on key financial measures on the future performance of Openreach from a Regulatory perspective including analysing Openreach’s Return on Capital Employed across various markets, products and services.
• Manage stakeholder engagement with the CFO, Managing Director of Regulation, and Group Regulatory Finance Director regarding financial analysis on regulatory matters.
• Produce business cases for regulatory decisions considering potential regulation impacts, points of potential/active debates and influence with the regulator.
• Own and deliver ad hoc regulatory finance projects and analysis.

You'll Have The Following Skills & Experience
• You will be a Qualified Accountant.
• Experience of working in a regulatory environment, or a central finance role is desired (but not essential if willing to learn fast!), at Manager level or above.
• High financial, analytical, and reasoning skills.
• Excellent communicator of complex messages, in to clear financial and operation narratives.
• Experience of positively influencing business decisions by using data, narrative, and analysis to inform decision making.
• Pragmatic team player, adept at holding others to account through a challenging and supportive leadership style, whilst consistently delivering on own commitments.
• Leading, championing and managing conflicting priorities with ownership of successful delivery of key financial deliverables.
• Ability to manage stakeholders across the Executive team.
• Leading and coaching others both within own team and elsewhere, formulating in-depth knowledge and advising on own specialist area.

Benefits
• 25 days annual leave (plus bank holidays)
• 15% on target bonus
• Pension scheme, if you contribute 5%, BT contribute 10%
• Flexible benefits: cycle to work, healthcare, etc.
• Discounted BT products, retail vouchers and other great benefits

About Openreach

Openreach Limited is a wholly owned subsidiary of BT Group. We look after the copper wires and fibre cables that connect homes and businesses to phone and broadband. Our customers are the 650+ communications providers who sell phone and broadband services to these households and businesses.

Why Does this Job Matter

You will be working in the Openreach Regulatory Finance (within the Openreach Central Finance Team), consisting of a Senior Manager and three Finance Managers. You will be responsible for providing insights, financial impacts and analysis on regulatory matters through a deep understanding of the business services and the operational units that supply them. Openreach has significant market power (SMP) in the Fixed Telecoms market in Great Britain and Northern Ireland and the vast majority of Openreach’s products we sell are subject to regulation. Openreach Regulatory Finance provides a key role in ensuring our regulatory obligations with Ofcom are met; the Regulatory Financial Statements are effectively used in commercial pricing analysis and decisions; and we effectively contribute to our Regulatory agenda when lobbying Ofcom.

What You Will Be Doing
• Provide business partner support to Openreach Regulatory Affairs, Pricing and Group Competition Finance
• Support the Regulatory Affairs Team: on strategic regulatory business cases and/or new regulatory matters
• Support the Commercial Pricing Team: on regulatory impacts of pricing decisions and the wider Openreach Finance Team by providing accurate modelling of regulatory returns across various markets and services
• Support the Group Competition Finance Team: on implementing regulatory directives in the regulatory financial statements
• Be a financial lead on the pricing compliance; cost modelling; regulatory compliance; risk monitoring/assessment; and regulatory financial statements
• Perform regulatory financial analysis through a clear and deep understanding of the wider business and provide advice/council
• Develop and maintain complex cost models to analyse and support future changes to regulations (e.g. market reviews)
• Develop modelling and report on key financial measures on the future performance of Openreach from a Regulatory perspective including analysing Openreach’s Return on Capital Employed across various markets, products and services
• Manage stakeholder engagement with the CFO, Managing Director of Regulation, and Group Regulatory Finance Director regarding financial analysis on regulatory matters
• Produce business cases for regulatory decisions considering potential regulation impacts, points of potential/active debates and influence with the regulator
• Own and deliver ad hoc regulatory finance projects and analysis

Skills Required
• Experience of working in a regulatory environment, or a central finance role is desired (but not essential if willing to learn fast!), at Manager level or above
• High financial, analytical, and reasoning skills
• Excellent communicator of complex messages, in to clear financial and operation narratives
• Experience of positively influencing business decisions by using data, narrative, and analysis to inform decision making
• Pragmatic team player, adept at holding others to account through a challenging and supportive leadership style, whilst consistently delivering on own commitments
• Leading, championing and managing conflicting priorities with ownership of successful delivery of key financial deliverables.
• Ability to manage stakeholders across the Executive team
• Leading and coaching others both within own team and elsewhere, formulating in-depth knowledge and advising on own specialist area.
• Qualified Accountant

Benefits

10% on target bonus

BT Pension Scheme; minimum 5% employee contribution, 10% BT Contribution

25 days annual leave (plus bank holidays), increasing with service

Huge range of flexible benefits including cycle to work, healthcare, season ticket loan

World-class training and development opportunities

Discounted BT Broadband, TV and Mobile packages

Access to 100s of retail discounts including BT Shop

About Openreach

We employ more than 35,0+1 people who install, support and maintain the wiring, fibres and connections which link tens of millions of homes and businesses in the UK to our customers’ networks.

A FEW POINTS TO NOTE:

Although these roles are listed as full-time, if you’re a job share partnership, work reduced hours, or any other way of working flexibly, please still get in touch.

DON'T MEET EVERY SINGLE REQUIREMENT?

Studies have shown that women and people who are disabled, LGBTQ+, neurodiverse or from ethnic minority backgrounds are less likely to apply for jobs unless they meet every single qualification and criteria. We're committed to building a diverse, inclusive, and authentic workplace where everyone can be their best, so if you're excited about this role but your past experience doesn't align perfectly with every requirement on the Job Description, please apply anyway - you may just be the right candidate for this or other roles in our wider team.

Company address

United Kingdom
England
London Colney
Show on map Get directions
Company Name: Openreach
You will be redirected to another website to apply.
Offer ID: #930286, Published: 1 week ago, Company registered: 1 year ago

Other offers

Advertising Assistant
1508login
· Miami, US
Job highlights Identified by Google from the original job post Qualifications Strong organizational and time-management skills Proficiency in MS Office and marketing tools Strong communication skills and attention to det...
Retail Store Manager | Miami
1508login
· Miami, US
Job highlights Identified by Google from the original job post Qualifications The ideal candidate will be able to work  a  full-time schedule of Tuesday-Saturday A passion for the customer You don’t just like to help – y...
Director | Retail Marketing
1508login
· Miami, US
Job highlights Identified by Google from the original job post Qualifications Ten or more years of relevant work experience required, demonstrated through one or a combination of work and/or military experience, or speci...
Lead Product Marketing Manager| Competitive Intelligence
1508login
· Miami, US
Job highlights Identified by Google from the original job post Qualifications As an experienced product marketer and strategic storyteller, the candidate will have deep knowledge of the finance and finance technology lan...
Driver | Hertford Heath| UK
1508login
· Hertford Heath, GB
Job description An alternative to traditional driving jobs in Hertford Heath. If you’re looking for driver jobs in Hertford Heath, instead give Uber a try. Earn while driving when you want, on the platform with one of th...
Delivery Driver
1508login
· Handcross, GB
Job description Delivery Driver Crawley, West Sussex, UK Join Ocado Logistics. We’re always on the move! We're looking for friendly drivers who are proud to deliver outstanding customer service. Day-to-day you’ll be ensu...
HGV Class 3 | 7|5 Ton LGV Driver
1508login
· London, GB
Job description Job Title: 7.5t HGV Driver Location: Acton Salary: £16.77 per hour Working Hours: Monday to Friday, 08:00 to 17:00 Temp to Permanent Job Description: We are seeking a reliable 7.5t HGV Driver to join our ...
Delivery Driver
1508login
· Ashford, GB
Job description Delivery Driver Weybridge, Byfleet, UK Join Ocado Logistics. We’re always on the move! We're looking for friendly drivers who are proud to deliver outstanding customer service. Day-to-day you’ll be ensuri...
Driver | Downley| UK
1508login
· Downley, GB
Job description An alternative to traditional driving jobs in Downley. If you’re looking for driver jobs in Downley, instead give Uber a try. Earn while driving when you want, on the platform with one of the largest netw...
Delivery Driver |Relief|
1508login
· Mitcham, GB
Job description Join Us, Become A… Relief Home Delivery Driver Milk & More has a unique business model, which meets the needs of consumers by delivering through the night in time for breakfast. We make nearly 1 milli...
Delivery Driver |Self|Employed|
1508login
· Broxbourne, GB
Job description Delivery Driver (Self Employed)Many logistics service providers pay an increased rate during peak season. You can check this with the specific provider prior to contracting. We’re seeking reliable, hard-w...
Van Driver
1508login
· Bexley, GB
Job description Van Driver – Full-Time Position We are currently seeking a dedicated Van Driver for our client based in Crayford. This is an exciting opportunity for someone looking to advance their career in the industr...
Multi drop van driver
1508login
· Swanley, GB
Job description We are seeking a Multi-Drop 3.5t van driver for our client in Swanley. As a 3.5t Multi-Drop Van Delivery Driver, you will be responsible for the safe and efficient delivery of goods to various customers a...
SELF EMPLOYED VAN DRIVER
1508login
· Snodland, GB
Job description SELF EMPLOYED VAN DRIVER Menzies Distribution are looking for Self Employed Owner Driver’s to join our team. You’ll be working on behalf of Menzies Distribution Limited and its customers on a self-employe...
Pastry Assistant | Driver
1508login
· London, GB
Job description • *Pastry Assistant/ Driver - Production Site (SW8)**. 5 Hertford Street is the beautifully appointed private member's club owned and operated by entrepreneur Robin Birley; located in the heart of Mayfair...