Power & Utilities (P&U) is one of the largest business areas of the Infratstructure team  and encompasses work for large clients in the sector, including all energy and water companies in the UK as well as some of the largest utilities in Europe and beyond. We provide in-depth strategic and technical advice on corporate finance and corporate financial management, regulatory finance, regulatory policy, business and financial planning, cost assessment and benchmarking as well as in other areas directly affecting value. Our work combines elements of policy, finance, strategy and economics to assist our clients in structuring investments, securing financing, supporting regulatory regimes and maximising shareholder value. We are widely recognised by many industry stakeholders as market leaders influencing the future of the utilities sector.
 

KPMG’s Infrastructure Group in the UK consists of over 400 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 advisors influencing the future of the sector.

Our business is expanding rapidly and is looking for a high-quality candidate to support our Power & Utilities business.

Power & Utilities (P&U), led by Dr Matt Firla-Cuchra, counts c85 FTEs is the largest business area of the IAG and encompasses work for major clients in the sector, including all UK utilities as well as some of the largest energy and water companies in Europe and beyond. We provide in-depth strategic and technical advice on strategy and business planning and analysis, corporate finance and corporate financial management, regulatory policy, cost assessment and benchmarking as well as in other areas to help our clients create value for both shareholders and customers. Our work combines elements of policy, finance, strategy and economics to assist our clients in structuring investments, securing financing, supporting regulatory regimes for the benefit of customers as well as maximising shareholder value. We are widely recognised by many industry stakeholders as market leaders influencing the future of the utilities sector.

KPMG’s Infrastructure Group in the UK consists of c.400 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 advisors influencing the future of the sector.

Our business is expanding rapidly and we are looking for a high-quality candidate to support our Power & Utilities business, with a particular focus on the water sector.

The Role
 

• You would be joining the leading provider of strategic economic consultancy services in the water sector.
• While you will have specific responsibilities for contributing towards the team’s water business, there will also be opportunities to work in other sectors, primarily energy networks.
• Working closely with sector and subject matter experts you will develop to become the ‘go to’ person for water sector economic advice. This will involve developing an in-depth understanding of Ofwat’s regulatory framework.
• You will build relationships with key clients across the sector, as well as with other advisors (e.g., legal and engineering. The projects that you will advise on will be high profile and caried. For example, in recent years we have advised on the regulatory framework for the Thames Tideway Tunnel, every aspect of water companies' business plans, bulk supply trading negotiations, Competition and Markets Authority re-determinations, major transactions, organisational transformations, and much more. If there is a large strategic project taking place in the sector, the chances are we will be advising on it. 
• There is no ‘typical project’. You will need to apply a structured strategic approach to problem solving, drawing on established economic principles, while having the capacity to think creatively.  
• The work will include a combination of report drafting, economic analysis, and engaging with clients. 
• You will need to be comfortable managing, coaching, and mentoring junior staff across a number of projects. 
• You will contribute towards building the team, identifying opportunities in the market, and providing thought leadership. 

Private Client & Reward Tax Academy – 2026

Base Location: London, South, North, Midlands, Scotland

KPMG’s Private Client & Rewards Tax Team have a fantastic opportunity for individuals who have previous work experience and are now looking for a new career, with no prior Tax experience required.

We are currently seeking top talent to further enhance the team’s exceptional reputation If you like problem solving, working with people, really understanding how business works and developing strong client relationships, then the KPMG Private Client & Reward Tax Academy is for you!

We are looking to recruit motivated individuals across the UK who are seeking a real challenge to develop and be curious about the world around them.

We recognise that brilliant people with the skills needed to shine in our business have a huge variety of experiences and backgrounds.

The Assessment Day to be held in person on 8th December 2025 in Canary Wharf, London

If you are successful at Assessment, you will join us in undertaking a technical training programme for 10 weeks starting on 2nd March 2026. You will be assigned to a local office, and the training will be delivered partly remotely and partly in person at our Reading office with full support and ongoing on the job training.

To apply all we ask for apply is that you have:

• At least 2 years of UK career experience in a relevant* background highlighting transferable skills
• The permanent right to work in the UK.
• You can start the training on 2nd March 2026

*Relevant = evident transferrable skills in areas such as sales, research, client management, communication, analysis and could include law, teaching, armed forces, finance, or comparable areas.

Why Join KPMG as an Assistant: Private Client, Equity Reward & Valuations?

This is an exciting opportunity for someone who would like to be part of successful and growing teams.

The Family Office, Private Client, Valuations and Equity Reward practice is a fast-growing and dynamic business, currently with 13 partners and approximately 300 professional staff located across the UK.  We work to support our portfolio of clients with a variety of People Taxes issues. 

The team is collaborative, with individuals based nationwide. We embraced hybrid and flexible working long before it became the norm! Our team has a mix of backgrounds and whatever your background we will give you the support, encouragement, and training to thrive at KPMG.

What will you be doing?

Working as a key member of the team to provide Family Office, Private Client, Equity Reward and Valuations advice to a broad range of clients helping them to achieve their commercial objectives. This role involves working on a range of projects.

• Providing high quality tax advisory and tax valuation services across a broad spectrum of clients including private individuals, family offices and corporate clients.
• Maintaining, developing, and managing KPMG’s strong relationships with clients with regular interactions; helping to present reports and analysis and day-to-day management of projects.
• Developing innovative solutions and opportunities for our clients, and being part of initiatives to bring those solutions to market.
• Supporting sales initiatives and cultivating strong client relationships.
• In time, developing more junior members of the team from both a technical and commercial perspective.
• Working closely with seni