Finance Analyst APP/CU
Finance Analyst APP / CU
Reporting to - APP / CU Manager
Location - Bury St Edmunds
Department - Finance
Reference Number - 37421
Employment Period - Permanent
Contract Type - Collective
Job Family Level/Grade - Band F
CiP Level / bonus - 3%
Salary Range - £28,175 - £42,777 ? Depending on experience
We also offer :
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.
This role is working within a small team that has overall responsibility for managing the Compatible Units (CU) library as well as overseeing the delivery of the Asset Portfolio Plan to the agreed financial targets. The CU library consists of circa 11,000 CUs which are the basic building blocks for planning, delivering and monitoring work and costs across the Business. In addition this role will provide financial support to the Asset Management Directorate in terms of month end reporting, financial budgeting and forecasting.
- Maintenance of the CU library, including creation of new CUs, amendments to existing and retirement of obsolete CUs, adhering to the CU Governance process.
- Manage and facilitate the CU Working Group to ensure that the CU governance process remains current and timely and that all relevant departments are involved and understand their part to play in the process.
- Regular audits on CU data to check that the data reflects current costs and scope of work being done including variance analysis on actuals compared to planned CUs and incorporating feedback where necessary. Ensure data between areas remains consistent and challenge where CUs drift by DNO.
- Analyse the CU library to ensure that the characteristics against each CU are correct in order to provide accurate RIGS reporting and work closely with Strategy & Regulation to make any changes driven by Ofgem.
- Ensure changes in material or service contracts are reflected in the CUs proactively by working closely with Procurement, Asset Management and Logistics to achieve this.
- Be instrumental in using CUs to negotiate future service or material contracts and ensure that CUs created are automatically linked to these data sources to reduce manual intervention.
- Investigate ways of managing the CU library via the use of Winshuttle or other bulk change mechanisms to reduce labour intensity.
- Become the expert for CUs ensuring that CU information is well communicated, users trained and resolving any CU related queries.
- Responsible for communicating the Finance Budgets to the Business and ensuring the Asset Portfolio Plan delivers to these targets.
- Monitoring and reporting LAP (Latest Agreed Plan) to APP (Asset Portfolio Plan) as well as checking LBEs (Latest Best Estimates) against the plan. Working closely with Asset Management, Strategy and Regulation and Regional Accountants to resolve deviations to the plan to ensure a fully optimised APP for the Business to deliver.
- Manage the released funds aspect on projects once they pass approval through the change control governance process.
- Undertake coordinating role in team and ensure priorities are set on a weekly basis and issues managed
- Managing back office governance process for APP, this will include maintaining gate statuses, clearing costs, re-rolling costs, unlocking CU designs and WBS linking/delinking
- To become super users in BEX, WEBI and MSBI reporting for APP and CUs
- Carry out refresher training on APP and CUs where necessary
- Monitor APP data quality and manage the process to increases data quality accuracy for reporting
- Point of contact for issues relating to PPM items, WBS elements, construction measures or CU designs as well as queries relating to CUs
- Ensure approved Change Requests are reflected in the P&L budgets at profit centre level
- Manage regulatory mapping table which is fundamental to the regulatory reporting output of the business
- To interface and work closely with all other Directorates to ensure that the CUs are accurate, fit for purpose and timely.
- Assist in production of month end and in producing the monthly performance reports
Nature and Scope:
This is a professional role which includes liaising throughout the business and involves communicating with financial as well as non-financial managers. You will be expected to have excellent communication skills and a professional attitude to work and those who you deal with.
The post will be based at Bury. However, the role will involve visits to other locations.
Knowledge, Skills, Qualifications and Experience:
- Highly numerate with a strong commercial aptitude.
- Information extraction and data analysis skills and strong spreadsheet skills
- Strong interpersonal skills and the ability to communicate effectively at all levels.
- Good business acumen with strong financial, operational and regulatory awareness
- High level of experience in SAP PPM, PM, PS and Business Explorer
- Accountancy experience or part qualified would be an advantage
- Self-motivated team player who can work effectively and proactively on own initiative and is results driven
- Seen as an expert in APP and CUs
- Able to influence people at all levels of the organisation and be able to manage difficult situations and have the gravitas to resolve issues and disputes
- Willing to travel across the geographical areas of UK Power Networks where necessary.
- Effective communication skills ? presents ideas and information in a way in which others are informed.
- Full driving licence, with own vehicle.
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.
If in doubt ask!
This job was originally posted as www.jobsite.co.uk/job/959910022