Employment Type:  Full/Part Time
Employment Period:  Permanent
Salary:  .

Flexible, GB

Career Area:  Finance, Trading & Risk

Modelling and Assumptions Manager

Where will you work & what is the close date for applications?

Flexible Location.  Closing date for applications; 26th May 2022 with proposed interviews to take place soon after.

What’s the scope of the role?

Your focus will be to provide ownership of assumptions, managing and coordinating the development of business inputs to the multi-year, multi-billion pound cost scenarios managed by the Nuclear Decommissioning team.

Success in the role requires ensuring compliance with contractual agreements and supporting the timely delivery of numerous business critical submissions to the Government and its representatives.

As the Assumptions & Modelling Lead you will work with a wide range of internal stakeholders (within Nuclear Decommissioning, Central Technical Office, Finance, Supply Chain, Stations) and external stakeholders (Nuclear Liabilities Fund, Nuclear Decommissioning Authority, Department for Business, Energy and Industrial Strategy, Non-NDA Liabilities Assurance), and be part of a growing team at the centre of ND’s dual-mission

What will you be doing?

You will lead the development and sourcing of assumptions to feed into various internal financial models that underpin the critical submissions that the Client Team makes; you’ll also:


  • Be an intelligent client of the Nuclear Liability Cost Model, directing updates, functionality improvements and calculations 
  • Co-ordinate and commission technical and financial modelling activity to create financial inputs to submissions, including conducting assurance for all assumptions and modelling activity to ensure that the results are correct and coherent across all outputs/work products
  • Be the subject matter expert in external engagement with Government stakeholders on cost scenarios and assumptions 
  • Plan, coordinate and lead workshops with diverse stakeholders 
  • Create reports and other materials (e.g. assumption books, assurance/evidence logs, financial reconciliations) to support submissions to external parties, internal Governance bodies and organisation boards 

What skills will you need?

You will be qualified to degree level in a relevant Engineering, Scientific or Mathematics discipline

  • Experienced financial modeller with a thorough understanding of best practices regarding model design, build and maintenance
  • Chairing workshops and large meetings to drive successful outcomes
  • Expert at clearly communicating technical and financial information, both written and oral.
  • Working with technical colleagues to establish and develop cost forecasts, schedules and understand risks and uncertainties

It would be beneficial for you to have experience of costing arrangements associated with liabilities including, for example, knowledge of approach to discounting / net present value determination
Experience of large-scale energy, oil and gas, industrial or infrastructure projects and familiarity with data visualisation (e.g. PowerBI etc) may be helpful

What rewards will you get?

The position is a Personal Contract role which attracts a competitive salary dependent on your existing salary, competence and qualifications.  You will receive 25 days annual holiday plus bank holidays, a company pension, flexible benefit scheme and bonus.

At EDF, everyone’s welcome. It’s a powerful statement of our intent to make sure we’re about the people who work with us – a rich and unique mix of backgrounds and experiences that’s vital to shaping a strong and fresh-thinking organisation like ours. Whoever you are and wherever you come from, we’ll embrace the difference you bring and give you opportunities to thrive and succeed.

Why EDF?

EDF Energy is a core part of the EDF Group and is one of the largest energy companies in Europe with key business operations in France, the UK, Germany and Italy. In the UK we have approximately 15,000 employees. We are the UK’s leading generator and supplier of low carbon energy. We produce about one-fifth of the nation’s electricity from our nuclear, coal and gas power stations, wind farms, and combined heat and power plants. We have a focus on safe, dependable energy generation and an ethos of service excellence. We intend to play a leading role in new nuclear build in the UK and secure a ‘bright’ future for the combined business and its employees.

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