Location
London

Hours
Full Time

Salary
Negotiable

About the Role
As a Senior Associate Financial Analyst within Ofcom's Economics and Analytics Group (EAG), you will play a key role supporting the Online Safety Group (OSG) by providing financial analysis, forensic accounting, and modelling expertise. You will contribute to the development and operation of Ofcom's Online Safety fees regime and support enforcement and regulatory activities with robust financial evidence and sound judgement. This role involves financial analysis, stakeholder engagement, financial and economic modelling, and regulatory oversight, requiring strong analytical skills and the ability to communicate complex financial matters clearly to both technical and non-technical audiences.

Ofcom’s Economics and Analytics Group is a dynamic international team of around 120 experts including microeconomists, data analysts, behavioural economists and finance professionals. Within EAG, the Financial Analytics team supports all regulated sectors including telecoms, post, broadcasting and online safety. This role offers the opportunity to contribute to one of the UK’s most significant new regulatory regimes, working alongside specialists from diverse disciplines to influence decisions that help make the online world safer.

Your Key Responsibilities
- Collaborate with economists, policy professionals, lawyers, technologists, operational teams and enforcement specialists across Ofcom.
- Support the operation and ongoing development of the Online Safety fees regime, including reviewing financial submissions, assessing reported revenues, and supporting fee calculations, invoicing and cost recovery.
- Perform financial analysis and reconciliations using statutory accounts, management information and other evidence, identifying anomalies, inconsistencies and potential risks.
- Produce management information, revenue reporting and financial insights to monitor fee regime performance and industry revenues.
- Conduct financial analysis to support compliance assessments, investigations and enforcement activities.
- Prepare and present robust financial evidence and analytical outputs to support regulatory decision-making, appeals, challenges and information requests.
- Work closely with legal, policy and enforcement teams to ensure financial evidence is accurate, defensible and clearly documented.
- Develop and maintain financial models to support revenue assessments, forecasting, scenario analysis and business planning.
- Analyse complex financial and operational datasets to deliver accurate, transparent and evidence-based insights.
- Act as a financial subject matter expert, supporting internal and external stakeholders and explaining complex financial matters clearly.
- Build productive working relationships with multidisciplinary teams, regulated services and external organisations.
- Identify opportunities to improve processes, reporting, analytical methodologies and quality assurance frameworks, contributing to the continuous development of Ofcom's financial analytical capability.

Experience
- Strong financial analysis, accounting or financial reporting experience.
- Experience reviewing statutory accounts, financial statements and corporate disclosures.
- Experience developing and maintaining financial models and analytical tools.
- Strong Excel skills and experience working with large datasets.
- Experience preparing concise, evidence-based recommendations for senior stakeholders.
- Excellent written and verbal communication skills.
- High attention to detail and commitment to analytical rigour.

Desirable:
- Experience working within a regulator, government department, professional services firm or regulated industry.
- Experience in forensic accounting, audit, investigations or compliance-related work.
- Understanding of digital platforms, online services and technology markets.
- Experience using Power BI, R, Python or other analytical tools.
- Professional accounting qualification (ACA, ACCA, CIMA, CIPFA) or equivalent experience.

About you
- Ability to communicate complex financial concepts clearly and effectively to a range of audiences.
- Strong analytical skills to identify issues and develop practical, data-driven recommendations.
- Collaborative approach with ability to build strong working relationships across teams.
- Ownership and accountability for delivering high-quality outcomes supporting Ofcom's regulatory objectives.
- Effective time management to handle competing priorities and deliver outputs to tight deadlines.
- Capability to analyse complex financial information and identify key risks, trends and insights.

Qualifications
- Relevant professional accounting qualification or equivalent experience is desirable but not essential.