Inserat online seit: 16 Juni
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Regulatory & Cost Efficiency Analyst
About the Role
Location United Kingdom of Great Britain and Northern Ireland Homeworking and Teleworking Location Independent Worker
Country: UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELANDState/Province/County: EnglandCity: NewcastleCountry: UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELANDState/Province/County: ScotlandCity: Glasgow Remote vs. Office Hybrid (Remote/Office) Company Siemens Energy Limited Organization SE CFO Business Unit Grid Technologies Full / Part time Full-time Experience Level Mid-level Professional
A Snapshot of Your Day
As the demand for energy sector infrastructure is rapidly increasing, we are seeking a knowledgeable and proactive Regulatory & Cost Efficiency Analyst to support our Substations UK&I Business deliver a portfolio of complex High Voltage Substation and FACTS Projects.
The successful candidate will act as a conduit between the business, our Customers, our Joint Venture Partners and UK Transmission System Operators (TSOs), helping to demonstrate cost efficiency, regulatory compliance, and value for consumers under the Ofgem Framework.
This role is critical in supporting price‑control obligations, evidence‑based reporting, regulatory submissions and continuous improvement in the delivery of high‑voltage substation projects across the UK.
How You’ll Make an Impact
Interpret and report on relevant Ofgem regulatory requirements / guidance, pricing policy, licence conditions and consultation documents.Support TSOs in demonstrating efficiency, economic justification and value for money in line with regulatory expectations.compliant outcomes.Produce structured cost benefit analyses, variance assessments, benchmarking and regulatory justification summaries which aim to demonstrate cost effectiveness.Draft high-quality ‘demonstrating efficiency’ reports for internal leadership, TSOs and regulatory stakeholders.effective procurement strategy. Providing responses to regulatory queries to the required deadlines.Support our operational teams with Customer Open Book Pricing Policies and associated KPIs. Act as our lead for OBP Audits during the tender and execution phases; providing timely evidence-based substantiation and the review & response to published Audit reports. Ensure that we provide transparency, whilst also protecting business critical commercially sensitive information.Provide support to our proposals team with the business response to pre-qualification questionnaires that relate to cost mitigation, cost efficiency, regulatory requirements, value engineering, value add and related topics.What You Bring
A relevant bachelor’s degree or equivalent, with professional qualification.Strong understanding of Ofgem regulation obligations, reporting expectations, commercial drivers & incentives and price control governance. Awareness of energy policies and RIIO / ASTI frameworks within the UK energy sector.Experience working with, or alongside TSOs, DNOs, regulators, or major energy infrastructure organizations would be beneficial.Familiarity with high voltage substation design & construction would be beneficial.Excellent analytical skills with the ability to interpret financial and operational project data.Outstanding written communication skills, particularly in drafting well-structured regulatory or technical reports.Knowledge and competence in analyzing cost data, financial models, benchmarking, performance metrics, commercial trends and pricing & tax regulations.Background in finance, regulatory affairs, economics, engineering, or commercial management would be desirable.Experience contributing to Ofgem submissions or other regulatory bodies would be desirable.Demonstrable proficiency in IT, adoption of digital tools and presentation abilities.Strong problem-solving abilities and a commitment to high quality documentation and evidence-based decision making.
