Budget Improvement Lead

Description

• Ensure all key stakeholders are aware of all risks, assumptions and opportunities associated with the budget
• Identify opportunities for decreasing the UK Operations spend and set up and lead budget improvement projects
• Identify and lead the implementation of budget modelling software to ensure accuracy and transparency of assumptions, risks, and opportunities
• Establishing and leading cross functional teams from across UK Operations to support improvement projects. Working with all departments of Energy Retail where their activities have an impact on the UK Operations Budget
• Identify opportunities to streamline budgeting processes and implement best practices
• Responsible for the management and development of up to 2 direct reports and the management of resources supporting the improvement projects
• Produce the annual Budget and reforecast for UK Operations ensuring accuracy and consistency across all cost types
• Create monthly monitoring of all Opex and Capex costs, ensuring robust reporting is in place to explain any differences. Work with the budget holders to clearly and concisely explain any deviations to plan and refine budget models for subsequent reforecasts and annual planning
• Submit weekly financial and operational metrics for UK Operations
• Proactively learn and apply new technologies to enhance efficiency in the budgeting and forecasting process
• Conduct monthly financial governance meetings with budget holders, present actionable steps to achieve objectives, and highlight risks with mitigation strategies
• Play an active role in industry finance meetings with the DCC (and other Industry bodies such as AltHan, RECCo, Elexon). Manage the DCC invoice validation ensure compliance with financial controls. Manage the renewal of financial support provided to the DCC

Requirements

• Commercial Delivery experience essential
• Degree qualified, or equivalent experience at an operational level
• Experienced in management of operational areas
• Educated to degree level or equivalent professional qualification
• Advanced proficiency in financial modelling and forecasting methodologies & tools
• Proven track record of precision, accuracy and attention to detail essential
• Strong stakeholder management skills and proven ability to communicate effectively at all levels within organisation and at a higher level with Global senior management
• The role requires project management qualification or proven track record of managing projects and the associated disciplines
• Excellent communication and stakeholder management abilities
• Highly numerate, strong analytical and problem-solving skills
• Proven ability to motivate & inspire teams (including virtual ones) to deliver stretch goals and objectives and use the Iberdrola leadership model and ways of working to do so
• Excellent commercial skills and ability to demonstrate lead and deliver strong analytical and problem- solving skills
• Experience in creation of budget models across a range of cost types and proven ability to track the accuracy of these models
• Ability to manage multiple deliverables and remain focused on priorities
• Senior management experience in utilities industry with a clear understanding of the complexities inherent in the de-regulated electricity and gas markets, specifically those that impact the Budget
• Confidence, ability and presence to constructively challenge at all levels
• The integrity, breadth of knowledge, and professional business acumen to lead, co-ordinate and develop internal relationships
• Leader who is highly motivated and proactive with ability to motivate, inspire and drive people to deliver improvement solutions and financial benefit for the ScottishPower Customer Business

Benefits

• Healthcare benefit options including: Dental Insurance, Private Medical Insurance, Health Cash Plan and annual Health Assessments
• Cycle to Work scheme and Public Transport Season Ticket Loans
• Electric Vehicle Schemes – to help you transition to green/clean driving
• Technology Vouchers – save more and spread the cost of your technology purchases
• Holiday Purchase – perfect your work/life balance with extra annual leave
• Access to Savesmart financial wellbeing support
• Life Assurance (4x salary)
• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more
• 36 days annual leave
• Share Schemes

Training + Development

Interview process

Visa Sponsorship

Security clearance