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.
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.
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
Successful candidates may be based in any of our office locations – Cardiff, Glasgow, or London, especially welcoming applications from people based in Cardiff and Glasgow
Hybrid working – on average, currently one day per week in the office, or approximately 20% of the month
While this is a full-time role, flexible working patterns and job shares are welcome.
Apply before 11:55 pm on Monday 6th October 2025
