Job title: Director of Regulatory Reporting & Assurance
Ref: 39485
Division: Strategy & External Affairs
Location: Hybrid - Clearwater Court - RG1 8DB
Contract type: Contractor
Full/Part-time: Full-time
Salary: To be discussed at interview
Job grade: C
Closing date: 14/01/2025
It is an exciting time for Thames Water. The Company has just been awarded £20.5bn of customer funding in Ofwat’s 2024 price review, covering the period 2025-30. This is the largest funding settlement in the industry’s history. It should enable the Company to deliver significant improvements for customers and the environment, including a 22% reduction in leakage and a 30% reduction in pollutions.
As Director of Regulatory Reporting and Assurance, you will be accountable for delivering the Company’s Regulatory Reporting requirements, including:
1. Twice-yearly delivery reports required by Ofwat in the PR24 determination.
2. Annual performance reports to Ofwat, including management of financial and non-financial submissions.
3. Working with the communications and investor relations team to ensure effective messaging and engagement across all our regulatory reporting.
You will ensure that teams across Thames Water are aware of what they need to do to enable the delivery of reports to the Company’s regulators (Ofwat, Environment Agency, Drinking Water Inspectorate) in a timely fashion and to a high quality that inspires confidence in the Company’s progress.
You will also be responsible for developing and implementing processes to assure submissions provided to Ofwat as part of the various gated processes and contingent funding applications, which govern almost £4bn of the company’s proposed expenditure in the next regulatory period.
What you should bring to the role:
* Degree educated or equivalent.
* Successful track record of building and delivering on complex, high-profile company-wide programmes to challenging deadlines.
* Proven stakeholder management skills at a senior level.
* Excellent influencing and advocacy skills.
* Ability to assimilate large quantities of technical information and articulate key conclusions for non-technical audiences.
* Proven ability to evaluate problems and identify solutions.
* Excellent written and oral communication skills, high level of numeracy, first class presentation skills.
What’s in it for you?
* Attractive day rate based on your experience - to be discussed at interview.
* This is a contractor role, inside IR35 for circa 3-6 months.
Thames Water is a unique, rewarding and diverse place to work, where every day you can make a difference. We aim to ensure that Thames Water is a great, diverse and inclusive place to work, welcoming applications from everyone.
Disclaimer: Due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.
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