Finance Analyst (I&M)

UK Power Networks Limited
£32,000 - £42,000 Depending on experience + Bens
04 Nov 2017
16 Nov 2017
Contract Type
Full Time

Finance Analyst (I&M)

Reporting to - London Finance Manager

Location - Energy House, Crawley

Department - Finance

Reference Number - 35341

Employment Period - Permanent

Contract Type - Personal Contract

CiP Level / Bonus - 5%

Salary Range - £32,000 to £42,000 (depending on experience)

Closing Date - 17/11/2017

We also offer :

Annual leave 25 days rising with service

Personal Pension Plan ? Personal contribution rates of 3%, 4% or 5% (UK Power Networks will make a corresponding contribution of 6%, 8% or 10%)

Tenancy Loan Deposit scheme

Tax efficient benefits: cycle to work scheme, childcare vouchers

Season ticket loan

Occupational Health support

Switched On ? scheme providing discount on hundreds of retailers products.

Supplier discounts, such as O2, EE, Vauxhall cars, Universal tyres

Discounted access to sports and social clubs

Employee Assistance Programme.

The Company

UK Power Networks is one of Britain?s largest power networks, responsible for delivering electricity to 18 million customers in London, the South East and the East of England.

We are a Distribution Network Operator (DNO) operating and maintaining the networks that deliver power, using 140,000 kilometres of underground cables, 46,000km of overhead lines, and 130,000 substations. We serve an area of 29,250 square kilometres, from Cromer in the East of England to Brighton on the South Coast.

UK Power Networks is owned by the Cheung Kong Infrastructure group (CKI), which has extensive experience of operating regulated infrastructure operations around the world. The Group has diversified investments in Energy Infrastructure, Transportation Infrastructure, Water Infrastructure, Waste Management, Waste-to-energy and Infrastructure Related Businesses. Its investments and operations span Hong Kong, Mainland China, the United Kingdom, the Netherlands, Portugal, Australia, New Zealand, the United States and Canada. In the UK it has stakes in Southern Water, Northumbrian Water, Wales & West Utilities, Seabank Power, Northern Gas Networks and UK Rail.

Our people are central to our business and we recognise the need to be able to attract, recruit and retain high performing employees with the potential, skills and experience necessary for the continued growth of our organisation.

Position Overview

Reporting to the London Finance Manager within the Network Operations directorate, the position of Finance Analyst for Inspection & Maintenance is a pivotal position within the company to enable UKPN to improve costs in line with our ED1 business plan. Working closely with the Operational Accountant for Inspection & Maintenance, you will be responsible for maintaining our volumes application model, the validity of the data and thereon, reporting and interpreting key performance metrics for the use of our internal stakeholders on a monthly basis.

Network Operations has an annual Inspection & Maintenance budget of approximately £40m, across our 3 DNO?s.

This is a professional role which includes liaising throughout the business and involves communicating with non-financial managers. You will be expected to have excellent communication skills and a professional attitude to work and those you deal with.

The position will be based in Crawley, however, the role may involve travel to other locations in London, the South East and East of England.

Principal Accountabilities

  • Production of clear and accurate unit cost information, to enable Senior Managers within the business to drive significant improvements in productivity and efficiency.
  • Ensure accurate and timely data analysis is prepared to support the production of the Operational Performance Report for the Executive each month and that any improvements that can be made to this process are implemented.
  • Ensure the accuracy and integrity of both cost and volume data.
  • Maintain our volume reporting application, incorporating into the model any changes required to improve accuracy of data following operational changes.
  • Liaise directly with all stakeholders to understand operational issues in the support of reportable metrics.
  • Identify opportunities and areas for attention and recommend options for action and help implement any improvements.
  • Understand the differences between the Regulatory allowed costs and the budgeted costs and work with the finance team to monitor this on a regular basis and track progress.

    Qualifications and Experience

  • Degree level education.
  • At least 2 years experience working within a Financial Analysis environment.
  • Track record of delivering results and continuous improvement.
  • Strong interpersonal skills and the ability to communicate effectively at all levels.
  • Ability to programme in SQL.
  • Excellent skills in the use of Excel to an advanced standard.
  • Ability to design and deliver IT solutions, liaising across departments.

    Knowledge and Skills


  • Ability to define and align to the company?s culture and values.
  • Highly numerate with a strong commercial aptitude.
  • Experience of data analytic tools such as Qlikview, Power BI and other SQL-type applications.
  • Advanced proficiency in MS Office Word and PowerPoint.
  • Ability to work effectively and proactively on your own without close supervision.
  • Ability to work to agreed thresholds and deadlines.
  • Enthusiastic individual with the ability to work well as part of the team and as an individual.
  • Willing to travel across the geographical areas of UK Power Networks where necessary.


  • Financial modelling experience.
  • Systems experience of SAP and BeX analyser reporting.
  • Previous experience within the utility sector is desirable but not essential.

    Health & Safety Responsibilities

    Managers and supervisors carry both legal and company responsibilities for ensuring the health and safety of their employees, those under their control and those who might be affected by the work undertaken, i.e. public, visitors and employees of other organisations. This includes briefing individuals working for them and ensuring there is the necessary understanding, competence and application of requirements to work safely and without harming the environment.

Employees are responsible for ensuring they fully understand the health and safety risks involved in their work activities and their responsibility to apply the controls needed to manage those risks to acceptable levels. Similarly where work activities can have an adverse impact upon the environment, and particularly where there are legal requirements, employees are responsible for understanding those impacts and the controls they must ensure are applied.

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