Becoming an Economic Regulation Analyst with DCC Smart Metering :
We are looking for an Analyst to join the Economic Regulation team. This person will play an active role within the team, supporting managers in the design and operation of incentive arrangements, responding to policy consultations and working with colleagues to ensure appropriate regulatory obligations are observed.
Working with the Price Control Manager, the Economic Regulation Analyst will also play a substantial part in preparations for and the development of the annual Price Control and other submissions.
This will include working with Finance colleagues to identify areas of interest in the cost data being reported which DCC may need to provide justification for as part of the annual submission
This is a highly collaborative role and the Economic Regulation Analyst will be expected to build a network of contacts around DCC which will enable them to build understanding and justifications around expenditure, based on their ongoing analysis
It is envisaged that the Analyst will be provided with development opportunities and appropriate training and supervision, such that he / she can aspire to progress to a Manager role, subject to performance
What you will do :
Be responsible for working with Finance to ensure that expenditure data is accurate on a monthly basis
Develop understanding and produce written justifications of the patterns which are being observed in the expenditure data, e.
g. expenditure exceeding what was previously forecast
Support the Price Control manager in designing the annual Price Control submission with emphasis on how relevant information can be captured from other colleagues
Undertake ad-hoc analysis either to inform discussions with the regulator or internal decision-making
Contribute to the development of DCC's Price Control material through the year, including gathering evidence on the rationale for spending, ensuring good process is being observed in the business so as to support Price Control and representing economic regulation in business initiatives with a regulatory impact
Research and work with other team members to prepare any applications for extensions to baseline margin and gain-share opportunities.
Participate in regular communications with Ofgem to ensure they understand our approach
Develop a good understanding of the entire business and the wider energy industry
Your experience will include :
A degree in a numerate discipline or similar, ie Economics, Finance, Science related
Hands-on experience of tools, such as Excel, to develop analysis which can be used in support of DCC propositions or policy positions
Strong written and verbal communication skills
Some experience of data analysis and awareness of costings
Ideally some experience of working within a regulatory environment (obtained, for example, in a regulated company or a regulator)
Ideally knowledge of regulatory frameworks and price control, including incentives
Good organisation skills including bringing large projects to successful conclusion within strict deadlines
Ability to work with people at all levels, including senior executives
About DCC Smart Metering
At DCC Smart Metering we’ve built the data and communications infrastructure that will support the mass roll out of smart electricity and gas meters to homes and small businesses across the country.
The world’s most ambitious smart meter roll out will see over 53 million smart meters installed across the UK by 2020. Join us and you’ll be part of a team that is supporting the country’s transition to a low-
carbon economy, and helping to ensure an affordable, secure and sustainable energy supply for the future.
DCC Smart Metering are part of Capita Plc, the UK’s leading provider of business process management and integrated professional support service solutions.
Through quality solutions, tailored to our customers’ needs, we’ve helped countless organisations unlock value and maximise their potential.
With access to our range of unique and diverse opportunities, offering real career advancement and progression, we can unlock your potential too.
What’s in it for you?
At Capita, we believe an open, transparent working environment that encourages ingenuity and collaboration with colleagues, customers and clients is what makes us so effective at what we do.
As well as a generous basic salary, we also give you 23 day’s holiday (rising to 27 ), company matched pension scheme and access to a variety of voluntary benefit options.
These include a share save scheme, life assurance, holiday buy and many more designed to suit your own personal lifestyle, such as retail, health & wellbeing and leisure discounts.
You’ll be joining a network of some of the most experienced, innovative and dedicated people in the country - the opportunities to learn new skills, develop in your career and grow and as we grow are almost endless.
Our mission is to help you realise your potential whatever that means to you.