Fp&A Analyst - Business Planning

Are you looking for a high-profile role, that enables you to have an oversight and a true understanding of National Grid’s Business Model?

We’re looking for a proactive FP&A Analyst to support the Business Planning processes which covers 10 years of forecasting as well as increase effectiveness and maximise insight in line with National Grid’s strategic aims. Joining the wider Controllership & FP&A team, your focus will be on supporting the quarterly forecasting process by liaising with the business to gather inputs and calculate the alternative performance measures.

We’d hope to see you in our Warwick office at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!

• Support delivery of the end-to-end Strategic Business Planning process including full modelling and scenario planning and the preparation of Entity Executive reporting, Entity Board reporting and Group reporting.
• Assist in calculating and maintaining the alternative performance measures, including Return of Equity, RAV, Regulatory Financial Performance, Timing etc. Both for planning and actuals processes.
• Support processes by setting accurate timetables, key performance metrics and guidance to ensure delivery to agreed timescales and stakeholder requirements.
• Act as a partner for assigned stakeholders to support them in generating and interpreting business and financial information and using it effectively to make informed business decisions.
• Proactively build own knowledge of RIIO regulatory framework and its impact on the industry and the business to support key decisions and advise and guide own business area.                        
• Review and challenge Entity performance to provide insightful reporting, aligned to group and entity targets.
• Support FP&A responsibilities including budgeting and forecasting, and other internal and external management reporting, and working with Investor Relations where needed.
• Provide ad hoc analysis as and when required.

• Qualified or near qualified Accountant (ACCA, ACA, or CIMA) with planning, forecasting, and budgeting experience
• Strong MS Excel skill and working knowledge of financial modelling.
• Reporting Financial Information, Financial & Investment Appraisal, Balance Sheet, and Cash Flow Forecasting experience
• Working knowledge of accounting systems (preferable)
• Good commercial understanding
• Ability to influence and shape decisions.
• Detail orientated, analytical and problem-solving skills.
• Ability to build relationships across the business and influence stakeholders.
• Confident in summarising complex transactions, weighing up all the relevant factors, such as how transactions impact other areas of the business to senior management.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

Up to £45,000 - £52,000 per annum - dependent on experience.

Plus:

• Annual Bonus (based on personal and company performance) and annual salary review.
• Competitive contributory pension scheme (we double-match your contribution to a max company contribution of 12%
• 26 days holiday (plus the opportunity to buy more each year)
• Life Insurance at 10 x your basic salary.
• Financial support to help cover the cost of professional membership subscriptions, course fees, books, exam fees and time off for study leave – relevant to your role.
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
• Access to apps which support health, fitness, and wellbeing.
• Career development, ongoing training and support, career progression and plenty of opportunity to progress!

This is a hybrid working role from our Warwick office with minimum 2 days in the office and more over busier periods. The closing date for this vacancy is Midnight 7 Jan ‘24, with interviews due to take place w/c 15 Jan onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business

Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.