KPMG-UnitedKingdom Hiring for Manager – Power & Utilities Finance Job at London, England Full Time

The Team

KPMG’s Infrastructure Group in the UK consists of c200 professionals and is widely recognised as one of the world’s leading independent financial and business advisers in infrastructure.

We provide in-depth advice on the strategic, financial, regulatory, and commercial issues driving investments in infrastructure across Transport, Power & Utilities, and Social Infrastructure in the UK and internationally. Our work includes market and policy design, economic analysis, deal structuring and execution, as well as strategic and transaction advice to enable private and public capital to fund infrastructure. We also work closely with other functions within KPMG to advise clients on mergers and acquisitions, valuations, tax, accounting, and due diligence.

The utilities sector is a key business area for the Infrastructure Group and encompasses work for the large clients in the sector including all of the leading UK energy and water companies. We provide in depth strategic and technical advice on corporate finance issues, corporate financial management; regulatory finance, regulatory policy, business, and financial planning, as well as other issues affecting value. We are widely recognised by many industry stakeholders as one of the most innovative advisers influencing the future of the sector.

Our business is continuously expanding, and we are looking for high quality candidates to support our Power & Utilities business.

The Role

• You would be joining the leading provider of corporate financial management consultancy services in the regulated utilities sector.
• While you will have specific responsibilities for contributing towards the team’s corporate financial management, capital structuring and ratings advisory business in utilities, there will also be opportunities to work in other sectors.
• You will take charge for the delivery of several small and medium sized engagements on a day-to-day basis and ensure that the deliverables produced are of high quality. This will include delegating tasks to team members, project planning, managing client interactions, tracking budgets and complying with the company’s risk processes. You will need to be comfortable managing, coaching, and mentoring junior staff on specific projects.
• Working closely with the senior manager and the director for finance in the utilities sector, you will contribute to specific business development initiatives, such as proposals and pitches.
• You will build relationships with key clients across the sector, as well as with other advisers.
• The projects that you will advise on will be varied. These could include advising on financing strategy, financial modelling, debt and capital structures, ratings, financeability, risk analysis, hedging policies, major transactions and much more.
• There is no ‘typical project’. You will need to apply a structured strategic approach to problem solving, drawing on established economic and corporate finance principles, while having the capacity to think creatively.
• You will maintain a good technical understanding of the regulated sectors, including components of the regulated revenue, regulated asset base, cost of capital, financeability, as well as how regulatory mechanisms impact the actual financing of regulated businesses, their cash flows, financial profiles, value creation and capital structures.

The Person

• Have experience in the regulated utilities sector as a credit analyst (gained at a bank or a credit rating agency), consultant specialising in capital structuring or a treasury / corporate finance specialist of a regulated utility.
• Have a detailed knowledge of the current UK regulatory regimes and regulatory finance mechanics for utilities, their application and impact on notional and actual capital structures and business performance. Thorough knowledge of the real regulatory frameworks and how these generate value through both cash flows and regulated asset base.
• Demonstrate strong understanding of capital structures, credit analysis, cash flows, financial profiles, and ratings in the regulated utilities space, based on the practical experience.
• Educated to a degree level in a quantitative field such as Finance, Economics, Mathematics or similar will be preferred, although candidates with highly relevant, equivalent experience, will also be considered.
• Be highly skilled in quantitative economic and financial analysis. The ideal candidate will have experience leading projects with financial modelling elements applied in the utilities sectors.
• Bring excellent report writing, quantitative analysis (Stata or equivalent), Excel and PowerPoint skills
• Be an independent thinker with the ability to identify problems and contribute to the development of solutions, helping us to remain at the cutting edge of innovative thinking in the sector.
• Have experience of managing small project teams, with a focus on mentoring and coaching junior staff.
• Be a proven team player who can demonstrate a clear desire to manage teams, who can gain the trust and support of internal colleagues.
• All UK staff who have not passed a Financial Services Authority (FSA) approved exam will be required to do so.

What we will offer in return

• Competitive salary, company car allowance, and a discretionary annual bonus scheme
• 25 days holiday, with the option to buy up to an extra 10 days, plus an additional day of leave for your birthday
• 6 days of work time each year for volunteering
• Daily lunch allowance
• Private Medical Insurance and a free health check every 2 years
• Family-friendly policies including maternity, paternity and parental leave
• Flexible working options