Budget Improvement Lead at Scottish Power in United Kingdom, Glasgow | Aspect House | From GBP61,600 | Kablio

Role

Description

budget modelling

cost monitoring

metrics reporting

process optimization

governance meetings

industry liaison

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

degree

financial modelling

project management

stakeholder management

analytical

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

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

company may support immigration requirements for non‑citizen applicants.

Security clearance

Information not given or found

Company

Overview

£9.5 billion

Annual Revenue 2023

Generated through operations in energy networks, renewables, and retail and wholesale energy services.

£8.4 billion

Annual Revenue 2022

Reflects the company's performance across various energy-related business units.

13.1%

Year-On-Year Growth

Increase in annual revenue from 2022 to 2023.

Operates in electricity generation, transmission, and distribution and specialises in renewable energy, particularly onshore and offshore wind farms, and manages the transmission and distribution networks in South and Central Scotland, as well as parts of North Wales and North West England.
Provides electricity and gas to residential, commercial, and industrial customers across the UK, offering services such as smart metering, energy efficiency advice, and home services like boiler care and maintenance.
Has three main divisions: Energy Networks, Renewables, and Energy Retail and Wholesale.

Culture + Values

*SUSTAINABLE ENERGY:* Emphasises pioneering renewable energy, creating economic, social, and environmental value, with a commitment to safety, environmental respect, and ethical, rational, responsible actions.
*INTEGRATING FORCE:* Acts as a dynamic and responsible force for change, fostering collaboration, sharing knowledge, encouraging diversity, and growing talent to achieve common goals.
*DRIVING FORCE:* Focuses on bringing about efficient change by challenging processes, innovating for continuous improvement, and anticipating customer needs.

Environment + Sustainability

2040 Target

Net Zero Commitment

Committed to achieving net zero emissions by 2040.

100% Renewable

Clean Energy Production

All electricity generated from UK windfarms, ensuring a sustainable energy supply.

1,157 Turbines

Wind Energy Network

Operates a network of 1,157 turbines across onshore windfarms, contributing to significant renewable energy generation.

38 Windfarms

Energy Infrastructure

Maintains 38 onshore windfarm sites, supporting the transition to clean energy.

ScottishPower is a leader in renewable energy.
Enough electricity to power over 1.2 million homes, nearly half the homes in Scotland.
Capacity to generate 1,948 MW of electricity.

Inclusion & Diversity

35% Women Target

% of senior management roles

Target for women in senior management roles by 2030.

32% Female Representation

% in senior management

Increase in female representation in senior management from 26% in 2021 to 32% in 2022.

Collaborates with several recognised organisations to enhance its commitment to diversity and inclusion, such as the Business Disability Forum, The Armed Forces Covenant, Carers UK, ENABLE Scotland, and POWERful Women. It holds the highest level of accreditation of the Armed Forces Covenant (Gold Status) and received the Inclusive Workplace Award from the Scottish Union of Supported Employment for two consecutive years.

Articles

Greenhouse gas emission reduction plan

Employee networks

Role

Description

budget modelling

cost monitoring

metrics reporting

process optimization

governance meetings

industry liaison

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

degree

financial modelling

project management

stakeholder management

analytical

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

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

company may support immigration requirements for non‑citizen applicants.

Security clearance

Information not given or found

Company

Overview

£9.5 billion

Annual Revenue 2023

Generated through operations in energy networks, renewables, and retail and wholesale energy services.

£8.4 billion

Annual Revenue 2022

Reflects the company's performance across various energy-related business units.

13.1%

Year-On-Year Growth

Increase in annual revenue from 2022 to 2023.

Operates in electricity generation, transmission, and distribution and specialises in renewable energy, particularly onshore and offshore wind farms, and manages the transmission and distribution networks in South and Central Scotland, as well as parts of North Wales and North West England.
Provides electricity and gas to residential, commercial, and industrial customers across the UK, offering services such as smart metering, energy efficiency advice, and home services like boiler care and maintenance.
Has three main divisions: Energy Networks, Renewables, and Energy Retail and Wholesale.

Culture + Values

*SUSTAINABLE ENERGY:* Emphasises pioneering renewable energy, creating economic, social, and environmental value, with a commitment to safety, environmental respect, and ethical, rational, responsible actions.
*INTEGRATING FORCE:* Acts as a dynamic and responsible force for change, fostering collaboration, sharing knowledge, encouraging diversity, and growing talent to achieve common goals.
*DRIVING FORCE:* Focuses on bringing about efficient change by challenging processes, innovating for continuous improvement, and anticipating customer needs.

Environment + Sustainability

2040 Target

Net Zero Commitment

Committed to achieving net zero emissions by 2040.

100% Renewable

Clean Energy Production

All electricity generated from UK windfarms, ensuring a sustainable energy supply.

1,157 Turbines

Wind Energy Network

Operates a network of 1,157 turbines across onshore windfarms, contributing to significant renewable energy generation.

38 Windfarms

Energy Infrastructure

Maintains 38 onshore windfarm sites, supporting the transition to clean energy.

ScottishPower is a leader in renewable energy.
Enough electricity to power over 1.2 million homes, nearly half the homes in Scotland.
Capacity to generate 1,948 MW of electricity.

Inclusion & Diversity

35% Women Target

% of senior management roles

Target for women in senior management roles by 2030.

32% Female Representation

% in senior management

Increase in female representation in senior management from 26% in 2021 to 32% in 2022.

Collaborates with several recognised organisations to enhance its commitment to diversity and inclusion, such as the Business Disability Forum, The Armed Forces Covenant, Carers UK, ENABLE Scotland, and POWERful Women. It holds the highest level of accreditation of the Armed Forces Covenant (Gold Status) and received the Inclusive Workplace Award from the Scottish Union of Supported Employment for two consecutive years.

Articles

Greenhouse gas emission reduction plan

Employee networks