At South West Water we believe that the strongest businesses are built on solid, stable foundations - with a vision and a culture that gives them the freedom to change, improve and innovate. We’re proud to be responsible for providing reliable, efficient and high-quality drinking water and wastewater services for the beautiful South West area. And we have huge ambitions. Not only are we committed to reaching net-zero by 2030, but we’ve also partnered with Wildlife Trusts, National Parks and local partners to help ensure a better future for generations to come. So, if you want to be part of a diverse team where opportunities flow and fresh ideas are welcomed, #JustAddWater.Great new opportunity for a Regulatory Finance Analyst to join our team in Exeter or Bristol at a salary of £35,000 - £42,000 plus benefits. The role In this role you will support the Regulatory Finance Accountant in the delivery of our regulatory reporting on behalf of the Pennon Group. You will be working closely with the wider Finance team to ensure consistency between the statutory and regulatory reporting, as well as being highly knowledgeable in the Water Regulatory subject matter to be able to provide support to the business, to support strategic and operational decisions.This is a great opportunity where you will have opportunity to work closely with senior members of the company and members of the wider business, building trust and assurance, and ensuring robust controls and processes are in place for regulatory financial reporting.You will support both our external financial and regulatory reporting and will form strong relationships between Finance and the wider business.
What you’ll be doing
1. Support the production of the monthly Regulatory Finance performance report
2. Support for the delivery of our Annual Performance Report (regulatory reporting for three regions, South West, Bristol and Sutton and East Surrey), including but not limited to, the data hosting platform SharePoint, the approval software DocuSign, the document designers, and data table owners/senior manager/directors
3. Stakeholder engagement and management for reporting requirements, including but not limited to External auditors, Regulators, key Senior Management and Director and Designers
4. Supporting the management of the collation, monitoring and audit of Financial Control Operating Requirements across the business
5. Supporting the Project Management and analysis of the new Regulatory accounting guidance / reporting requirements, control environment reviews, additional reporting requirements and change initiatives
6. Ad hoc analysis to support regulatory submissions, shareholder requirements, and financing events.
7. Operates as a key member of the Price Review Programme contributing to regulatory and finance strategies designed to influence Ofwat policy and yield the best outcome for the company from price control decisions
8. Support the management of the delivery of our Price Review tables (for three regions, South West, Bristol and Sutton and East Surrey), including but not limited to, the data hosting platform SharePoint, the approval software DocuSign, and data table owners/senior manager/directors for data points
9. Ensure robust systems in place to monitor and internally communicate the company’s performance against Final Determinations
10. To complete ad hoc analysis to support regulatory financial submissions, shareholder requirements, and financing events.
What we’re looking for
11. Educated to degree level standard or equivalent experience and ideally part ACA/ACCA/CIMA qualified (or equivalent) or AAT qualified level 4
12. Experience of working in a regulatory environment
13. Working as part of cross functional management team
14. Experienced in improving financial procedures, controls and management information
15. Articulate and able to present strong business cases
16. Ability to influence and strong communication skills
17. Sound knowledge of financial reporting and ability to consistently deliver accurate and timely financial information
18. Well-developed analytical and critical thinking skills
What's in it for you
19. We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us. We’re one of the largest companies in the South West and are proud to have been awarded Investors in People recognition. In return, we offer an excellent range of benefits including:
20. Generous holiday allowance plus bank holidays
21. A discretionary Bonus
22. Competitive Contributory Pension
23. Share-save Scheme
24. Various health benefits
25. Wellbeing support programmes
26. A range of Group Discounts
27. Cycle to Work Scheme
28. Financial support services
29. And plenty more!
Closing Date: 1st July 2025Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness.Our core values which are essential to our success are:Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on.Be You - We want you to bring your best everyday. Be yourself and make your mark in your individual way.Be the Future - Embrace change. Drive Progress. Own the challenge.