Pennon Group

At South West Water we believe that the strongest businesses are built on solid, stable foundations - with a vision and a culture that gives them the freedom to change, improve and innovate. We re proud to be responsible for providing reliable, efficient and high-quality drinking water and wastewater services for the beautiful South West area. And we have huge ambitions. Not only are we committed to reaching net-zero by 2030, but we ve also partnered with Wildlife Trusts, National Parks and local partners to help ensure a better future for generations to come. So, if you want to be part of a diverse team where opportunities flow and fresh ideas are welcomed, . We currently have an opportunity for a Regulatory Finance Manager to join our team based in Exeter or Bristol. Joining us on a full-time permanent basis, you will receive a competitive salary of £48,000 £55,000 per annum plus excellent benefits. About The Role As Regulatory Finance Manager you will have opportunity to lead the delivery of our regulatory financial reporting on behalf of the Pennon Group, whilst working closely with the wider Finance team to ensure consistency between the statutory and regulatory reporting, as well as being an expert in the Water Regulatory subject matter to be able to provide technical advice to the business, to support strategic and operational decisions. This is a great opportunity where you will have opportunity to work closely with senior members of the company, including the Exec team and members of the wider business, building trust and assurance, and ensuring robust controls and consistent regulatory financial reporting. This is a demanding but extremely varied opportunity in a large organisation, which gives the opportunity to make a real impact on the way Pennon operates as a business and enables regular contact with some of the most senior stakeholders. You will drive both our external financial and regulatory reporting and will form strong relationships between Finance and the wider business. You will be working closely with the key business streams to ensure robust and well-informed approaches are taken to decision making and how this is reflected across price controls, adapting to changes in Ofwat regulatory policy or accounting guidelines as necessary What you'll be doing Lead on the delivery of annual performance report (including but not limited to the APR document and tables) to a high standard, reporting financial and operational outcomes Support the Financial and regulatory modelling lead in the development of the Ofwat Financial model to reflect the PR24 regulatory determination Produce the regulatory Group s RoRE and RCV metric quarterly and for the APR Develop an expert understanding of Ofwat s suite of reconciliation and incentive models for the (Apply online only) regulatory period Lead on the update of reconciliation models quarterly to align with the budget cycle Lead on key financial aspects of the five-year business plan, including the support of the population of the Ofwat financial model and drafting responses to relevant consultations Complete relevant financial tables for the Annual Performance Report (APR) in compliance with Ofwat guidelines Being an expert in the Water Regulatory subject matter to be able to provide technical advice to the business (Regulatory Accounting Guidelines, economic regulatory issues) Stakeholder engagement and management for reporting requirements Managing the collation, monitoring and audit of Financial Control Operating Requirements across the business Project Management new Regulatory accounting guidance / reporting requirements, control environment reviews, additional reporting requirements and change initiatives What we're looking for You will be ACA, ACCA, CIMA qualified (or equivalent) Senior-level experience in regulatory environments (corporate, regulator, or advisory), with the ability to translate complex financial or regulatory information for non-specialists Proven ability to lead through significant change, improving financial controls, procedures, and management information Effective contributor within cross-functional management teams Strong written and verbal communication skills, with the ability to influence senior stakeholders and present compelling business cases Sound financial reporting and budgeting knowledge, with well-developed analytical and critical thinking skills What's in it for you We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing support and development for a long-term career with us. We re one of the largest companies in the South West and are proud to have been awarded Investors in People recognition In return, we offer an excellent range of benefits including: A discretionary company bonus Competitive Contributory Pension Invest in Pennon through our employee Sharesave scheme Generous holiday allowance plus bank holidays, with an option to buy / sell leave offering you extra flexibility Take up to 26 weeks additional maternity leave Shared parental leave Look after your wellbeing through our Champion Health support platform Enjoy free eye tests and discounts on frames and lenses at Specsavers Enjoy access to thousands of deals and discounts on supermarkets, online retailer, travel, eating out, cinema, gyms and more through Perkbox Closing date: 29th October 2025 Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness. Our core values which are essential to our success are: Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on. Be You - We want you to bring your best everyday. Be yourself and make your mark in your individual way. Be the Future - Embrace change. Drive Progress. Own the challenge.

Pennon Water Services, t/a Source for Business is a national business water retailer delivering simple, accurate and timely billing to c. 100,000 customers through great customer service. We are committed to helping our customers lower water use and reducing costs. As employees we thrive in a supportive working environment, developing and continuously learning to ensure we are all working at our best and we re looking for enthusiastic people to join our growing team and be part of our continued success. Great opportunity for a Commercial Manager to join our team based in Bournemouth at a salary of £65,000 to £75,000 plus benefits. The role We re looking for a Commercial Manager to lead sales, marketing (including tenders, switching, onboarding), and value-added services. You ll work closely with the Senior Leadership Team and MD to ensure daily operations and strategic plans align, driving growth and operational excellence. What you ll be doing Lead, support, and develop departmental leads to deliver efficient day-to-day operations aligned with business goals and commercial targets Create and execute business and commercial strategies, including developing partnerships with Third Party Intermediaries (TPIs) and enhancing value-added service offering Manage the company s Managed Account customers, ensuring strong relationships, timely payments, contract negotiation, renewals, and proactive revenue risk management Drive customer retention, growth, and new business through marketing activities, tender responses, and strategic sales initiatives Monitor and report on commercial performance, focusing on revenue growth, margins, and profitability Manage default tariff customer portfolios ensuring compliance with regulatory standards and transitioning customers to contracted rates where appropriate Represent the company externally at market events, performance meetings, and regulatory consultations Encourage a culture of continuous improvement, coaching teams, and building capability to support future growth Collaborate with operations during tender and onboarding processes to meet customer needs smoothly Maintain awareness of market trends, competitor activity, and regulatory changes to identify risks and opportunities What we re looking for Strong commercial experience in sales, marketing, and leadership roles within competitive environments, ideally in utilities or water retail Proven ability to manage multiple teams, deliver against strategic targets, and implement business improvements Excellent stakeholder management, communication, and influencing skills at all levels Experience coaching and mentoring teams to build capability and succession planning Proficient in Microsoft Office (Word, Excel, PowerPoint) and comfortable working in fast-paced, changing environments Strong organisational skills with attention to detail and ability to prioritise Resilient under pressure with a proactive, results-driven approach Commitment to Pennon Group values and fostering positive, collaborative working relationships What's in it for you We know that the support and commitment of our staff is key to our success so you will receive the opportunity for ongoing development and training for a long-term career with us. PWS is a subsidiary of Pennon Group, one of the largest companies in the South West and are proud to have been awarded Investors in People recognition. In return, we offer an excellent range of benefits including: Generous holiday allowance plus bank holidays A discretionary Bonus Competitive Contributory Pension Share-save Scheme Various health benefits Wellbeing support programmes A range of Group Discounts Cycle to Work Scheme Financial support services And plenty more! Closing date: 28th October 2025