Economic Regulation Analyst

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. 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 we hope you will do next

Help us find out more about you by completing our short application process - click apply now.

Capita operates as an equal opportunities employer and we welcome all applications regardless of gender, marital status, sexual orientation, pregnancy, race, colour, ethnic origin, nationality, religion or beliefs, disability, age, political opinions or trade union membership.

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Capita Resourcing operates as an equal opportunities employer and we welcome applications from all suitably qualified candidates regardless of gender identity or gender expression, marital status, sexual orientation, pregnancy or maternity, ethnic origin, nationality, religion or beliefs, disability, age, political opinions or trade union membership.