Regulatory Reporting Analyst
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Murphy are recruiting for a Regulatory Reporting Analyst can be based out of any Murphy UK office.
MUA Group is an independent electricity and gas distribution network operator, connecting homes and businesses to essential energy infrastructure. We’re also a regulated water and wastewater company, adopting water and wastewater networks across Britain.
Our mission at MUA is to help build better and more sustainable places to live and work, by adopting and operating multi-utility networks nationwide.
We are looking for an experienced Regulatory Reporting Analyst to coordinate regulatory submissions in line with our statutory obligations, as well as maintain good working relationships with key industry bodies.
You will be responsible for delivering regulatory requirements to ensure the business is up to date and compliant with industry codes and practices. This is an exciting opportunity to join a flourishing team and make a significant impact on the future of our company.
A day in the life of a Murphy, Regulatory Reporting Aanalyst
- Regulatory compliance: Ensuring ongoing compliance with industry standards and policies, including the delivery of Use of Systems Charging statements, Balancing and Settlement Code reporting and Line Loss Factor Classification.
- Reporting: Collating both annual and ad hoc reports based on network pricing performance and pricing methodology submissions, as required. You’ll highlight trends and identify potential risks and opportunities.
- Cross-functional collaboration: Working closely with our Commercial, Finance and Operational teams to gather data and insights that inform pricing decisions.
- Customer and stakeholder engagement: Assisting in engaging with stakeholders, including customers, regulators and industry bodies such as Elexon, to ensure the pricing is clear, correct and up to date.
- Continuous improvement: Continuously monitoring and refining pricing methodologies, regulatory changes and the evolution of the energy market dynamics, technological changes, and business objectives.
- Experience in a similar role within a regulated energy or utility company. Experience with an IDNO or similar network operator is highly desirable, as is knowledge and experience with Elexon.
- Regulatory knowledge: Familiarity with key regulatory frameworks, including DCUSA, Balancing and Settlements Code, MSAD, and LLF Methodology. Previous experience with annual submissions to organisations like Elexon
- Analytical skills: Strong ability to analyse data and problem solve, with expertise in data submissions, Excel and data analysis techniques.
- Communication skills: Excellent written and verbal communication skills, with the ability to present complex data and analysis to non-technical stakeholders clearly and concisely.
- 27 days holiday, plus bank holidays with the option to buy an additional 2 days holiday each year, holidays increase with length of service
- Discretionary annual bonus and annual salary review
- Above market rate contributory pension scheme
- Life assurance, health screening and enhanced sick pay
- Enhanced maternity and paternity pay and a maternity returners bonus
- Extra weeks holiday for all employees getting married and a wedding bonus
- Subsidised canteen facilities in core locations
- Dedicated and continued investment in your professional development
- Other Murphy benefits include retail discounts and cashback, discounted gym memberships, cycle to work scheme etc
Murphy is formally recognised as a sector leading employer, Gold Investors In People accredited along with reported operating profit up 57% on prior year. At Murphy, we are incredibly proud of our diverse workforce. Not only do our people represent over 60 different nationalities, but they also represent a wide range of backgrounds, ethnicities and ages. With a forward order book of £3.3b and £39m Invested in environmentally friendly plant there really is #MoretoMurphy
If you are unable to apply via the usual process, please call Lorna Rhodes on 07801 960464 to discuss in more detail.
Murphy is unable to employ anyone who does not have the legal right to live and work in the UK
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