Job Description

Details

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Reference number

429222
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Salary

34,123 - 48,561
Please ensure that you read the Pay and Reward information for civil service and internal colleagues before applying.
A Civil Service Pension with an employer contribution of 28.97%
GBP
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Job grade

Higher Executive Officer
Level 2A###

Contract type

Permanent###

Business area

OFGEM - Corporate Services###

Type of role

Analytical


Corporate Finance

Finance###

Working pattern

Flexible working, Full-time, Job share###

Number of jobs available

3

Contents

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Location About the job Benefits Things you need to know Apply and further information

Location

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Successful candidates may be based in any of our office locations - Cardiff, Glasgow, or London. We especially welcome applicants from Cardiff and Glasgow.

About the job

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Job summary

Are you ready to make a meaningful impact in public service finance? Join Ofgem as a Finance Analyst and become a key player in shaping strategic financial decisions that support the UK's energy regulator in delivering value for money and safeguarding public funds. This exciting opportunity sits within our Strategic Finance team, part of the wider Finance, Procurement, and Risk Department, where we empower teams to spend wisely, manage risk effectively, and align financial decisions with Ofgem's strategic priorities.


As a Finance Analyst, you'll be at the heart of financial planning and performance, using your analytical skills to interpret complex data and deliver clear, actionable insights. You'll produce monthly financial reports and dashboards for senior stakeholders, support the development and monitoring of budgets and forecasts, and contribute to the preparation of management accounts. Your work will help identify financial risks and opportunities, ensuring robust decision-making across the organisation.


You'll also play a vital role in financial business partnering, working closely with budget holders to improve financial understanding and drive efficiency. From attending meetings and capturing actions to maintaining financial models and supporting audit responses, your contributions will be varied, impactful, and highly valued. You'll be encouraged to champion innovation in financial practices, leveraging tools like Excel and Power BI to enhance reporting and analysis.


This role offers a unique blend of technical challenge and stakeholder engagement, ideal for someone who thrives in a collaborative environment and is passionate about public sector finance. You'll need strong communication skills to explain financial concepts to non-specialists, a solid grasp of financial governance and controls, and the confidence to influence and support decision-makers.


If you're looking for a role where your financial expertise can drive real-world outcomes, and where your insights will help shape the future of energy regulation in the UK, we'd love to hear from you. Join us at Ofgem and be part of a forward-thinking team that values integrity, innovation, and impact.

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Job description

Key responsibilities

Assist the Finance Business Partner in preparing monthly financial reports and dashboards for senior stakeholders. Support the development and monitoring of budgets, forecasts, and financial plans across business units. Help analyse financial performance against budget, identifying risks, opportunities, and trends. Attend budget holder meetings with the FBP to capture actions, follow up on queries, and support financial understanding. Maintain and update financial models and templates used by the FBP team. Support the implementation of financial controls and compliance with Ofgem policies eg Travel, Expenses. Assist in the preparation of monthly management accounts, including accruals, pre-payments and journals. Lead financial business partnering for a designated business directorate,

Key Outputs and Deliverables

Production of Monthly finance and performance dashboards, working closely with management accounts team and FBPs. Updating of financial forecasts on monthly basis using standardised tools and methodology. Validating Data through monthly/adhoc reconciliation and supporting on responses for audit. Supporting on developing detailed business plans in collaboration with FBPs, incorporating workforce, efficiency plans. Delivering insightful analysis on financial performance, risks & opportunities. ###

Person specification

Key Skills and Capabilities

Strong analytical skills to interpret financial data and provide meaningful insights. Proficiency in Excel and financial systems eg power BI. Strong influencing skills to provide to and support to stakeholders. Excellent communication and presentation skills, able to explain financial issues to non-specialists. Strong grasp of financial governance, audit processes, and internal controls. Champions innovation in financial practices and use of technology.

Role Criteria

Essential:

You will be AAT qualified or actively studying towards a professional qualification or substantial practical experience in a similar role.

(Lead)

Strong analytical skills and ability to communicate effectively.

(Lead)

Ability to clearly communicate financial data to wide range of stakeholders including those with little financial experience. Excellent stakeholder management and influencing skills with experience collaborating with stakeholders. Strong skills in range of MS packages.

Desirable:

Understanding of managing public money and public sector financial governance. ###

Behaviours

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


Making Effective Decisions Communicating and Influencing Delivering at Pace Managing a Quality Service

Benefits

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Alongside your salary of 34,123, OFGEM contributes 9,885 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Things you need to know

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Selection process details

This vacancy is using Success Profiles , and will assess your Behaviours, Ability and Experience.
When you press the 'Apply now' button, you will be directed to a Civil Service test - guidance for this can be found here Civil Service online tests - GOV.UK (www.gov.uk).

The test you are due to take is not timed and you can complete it at your own pace.

Upon passing the test, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.


You will then be asked to provide a 1250 word 'personal statement' evidencing how you meet the essential criteria listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the criteria listed in the role profile.


The Civil Service values honesty and integrity and expects all candidates to abide by these principles. You must ensure that any evidence submitted as part of your application or used during interview, including your CV and any statements or examples, are truthful and factually accurate. Ofgem takes any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process. Please note that plagiarism can include presenting the ideas and experiences of others, or generated by artificial intelligence, as your own.


Please refer to Civil Service candidate advice on the acceptable use of artificial intelligence within the recruitment and selection process - Artificial intelligence and recruitment , Civil Service Careers

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [ https://www.cifas.org.uk/fpn].



Feedback will only be provided if you attend an interview or assessment.###

Security

Successful candidates must undergo a criminal record check.
People working with government assets must complete baseline personnel security standard (opens in new window) checks.###

Nationality requirements

This job is broadly open to the following groups:


UK nationals nationals of the Republic of Ireland nationals of Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS) individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020 Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements
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Working for the Civil Service

The Civil Service Code sets out the standards of behaviour expected of civil servants.



We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles .
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.###

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy .

Apply and further information

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This vacancy is part of the Great Place to Work for Veterans initiative.
The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.###

Contact point for applicants

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Job contact :

Name : Lucy Dowding Email : recruitment@ofgem.gov.uk
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Recruitment team

* Email : recruitment@ofgem.gov.uk