I'm looking for

The Team

KPMG’s Infrastructure Group in the UK consists of c150 professionals and is widely recognised as one of the world’s leading independent business, financial and regulatory advisers in infrastructure. The group has won many awards, including Financial Advisor of the Year (Infrastructure Journal) for several years. The group has locations in London, Birmingham, Edinburgh, Leeds and Manchester, but is organised on a national basis, operating under a single national cost centre.


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


The utilities sector is the largest business area for the Infrastructure Group and encompasses work for large clients in the sector, including all of the leading UK energy and water companies 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 other drivers 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.


Our business is continuously expanding and we are looking for high quality candidates to support our Power & Utilities business with a particular focus on cost assessment, modelling and benchmarking as well as financial analysis. This is to support the development of new service lines, building on the work already undertaken in the Group.

The Role


- Building relationships with clients and developing wider networks with clients and other advisors
- Running coverage of clients, supporting our reputation as a leading advisor in the utilities sector
- Developing market intelligence and sector knowledge
- Maintaining a good understanding of the regulatory frameworks and their financial implications
- Proactive business development to identify new opportunities
- Leading the development of proposals and supporting pitching for new business with ideas
- Managing delivery of several medium to large size engagements on a day to day basis
- Ensuring quality of economic and financial analysis as well as written and verbal advice
- Being responsible for the quality of deliverables produced for clients
- Providing effective management, coaching and mentoring of junior staff on specific engagements
- Managing junior members of the team and as part of the wider business
- Developing the team, inspiring and empowering team members
- Ensuring compliance procedures are adhered to
- Recognising and addressing potential risks
- Any other duties commensurate with the role


The Person


- Have significant experience in the utilities sector, in the industry, as a regulatory, policy maker or as a consultant specialising in these sectors
- Have a detailed knowledge of the current UK regulatory regimes and regulatory mechanics for utilities as well as their application
- Understand operations of the wider utilities sector, its structure, composition, stakeholders and relevant policy debates
- Be highly skilled in quantitative economic analysis, cost assessment in particular, have detailed knowledge and experience of statistics and econometrics, ideally applied in the utilities sectors
- Have a sound knowledge of finances and financial structures of regulated utilities (we will consider candidates with deep expertise in financial analysis even if they do not have econometrics or cost assessment experience, or vice versa)
- Demonstrate strong working knowledge of economic and financial theory and its application
- Provide compelling and well-thought out solutions to complex economic and financial problems, being able to provide persuasive and self-assured responses in a credible manner
- Bring excellent report writing, quantitative analysis (Stata or equivalent), Excel and Powerpoint skills
- Be comfortable and experienced in an external facing role and in presenting to clients
- 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
- Relish the opportunity for interaction and dialogue with companies, investors, regulators and other stakeholders, and with a host of functions across KPMG
- Have experience of managing medium size project teams; be a proven team player who can demonstrate a clear desire to manage teams, who can gain the trust and support of internal colleagues
- Demonstrable credentials of leading the delivery activities on major consulting projects
- Be highly motivated and ambitious, willing to take advantages of the opportunities this position offers
- Language skills and experience in other markets and jurisdictions are a bonus

Qualifications

- At least 3 A levels or equivalent; Undergraduate or higher Graduate Degree in Economics, Finance, Mathematics or similar (candidates with other degrees will be considered depending on their experience)
- All UK staff who have not passed a Financial Services Authority (FSA) approved exam will be required to do so.

KPMG's Infrastructure and Government (I&G) strategy team wants the right candidate for their London-based team. The team needs professional, talented individuals who have a passion for identifying, creating and delivering innovative solutions for public and private sector clients.


The I&G Strategic Advisory Services (SAS) team works with government and industry on the biggest, most complex and pressing strategic, policy and programme implementation issues.

We are looking for someone with experience in the Future Mobility sector to focus on this growing area of our work. We define Future Mobility as the de-carbonisation, digitalisation, and personalisation of transport through electric and alternate drivetrains, connected and autonomous vehicles, and Mobility-as-a-Service. The resultant ‘perfect storm’ is impacting automotive, supply chain, energy, technology, infrastructure, funds, transport operators, regional authorities and Government. Things are changing faster than expected driven by rapid developments in technology, regulation, competition and consumer behaviour. Over the next 5 to 12 years the organisations that we work with will require significant advisory support: multi £m transformations,multi £m deals, customer and industry 4.0 advice, strategic roadmap development and portfolio delivery. KPMG is establishing itself at the forefront of this change, creating new relationships and unlocking significant benefits for transport systems and society. Depending on the flow of work within the team you may also be required to work in other I&G sectors.

As part of a fast paced and dynamic group, practitioners will have the opportunity to advise on strategic options, business cases and operating models to public sector, agency and corporate clients.

Typically the advice we provide can be categorised as:
– Regulatory and Policy Strategy & Design (including Trend analysis and “Futures” scenario development, Futures Impact Assessments, and Policy development)
– Business & Digital Strategy and Service Design (including. Corporate & Business strategy development, Market analysis, Product capability assessment and development roadmaps)
– Portfolio Investment Strategy & Management (including Project appraisal, Business case development (all levels inc. Green Book), Funding strategies (commercialisation / partnerships (inc. PPP’s))
– Commercial Strategy and Complex Delivery Vehicle Design (including Market development & evaluation, Commercial strategies and scheme design (inc. SPVs), Commercial scheme development (inc. complex bi- and multi-lateral negotiations))
– Innovation Strategy & Delivery (including. Innovation Strategy development
– Proof of Concept, Pilot & MVP development, Scaling strategy and implementation planning); and,
– Operating Model development and Delivery roadmap design
It is an exciting time to join our team as we are growing rapidly and working on some fascinating public issues – including: the rise of autonomous vehicles, growing regional trade, and the future of the probation service. The team blends this with support to the largest infrastructure operators and infrastructure programmes in the UK.

The Role

To be an effective Associate Director within the team, applicants will be expected to:
– Lead the design of standard / complex engagements
– Present and refine business models and data analysis solutions through discussions with management
– Lead complex storyboarding and shape the issue identification and overall problem solving approach to develop recommendations
– Finalise the preparation of client deliverables and identify the critical areas for debate
– Maintain a balanced pipeline of engagements and business development opportunities which align with the team business plan
– Actively develop their own knowledge and expertise in chosen proposition(s) and sector of choice
– Proactively develop thought leadership related to the future of mobility
– Identify on-sell / cross-sell opportunities
– Be comfortable handling ambiguity and changing client demands
– Complete and take responsibility for KPMG’s ‘Engagement Management’ procedures on all engagements
– Build and maintain a strong internal and external network
– Demonstrate high levels of drive, ambition, and able to lead work at high levels of intensity
– Be comfortable having a visible market presence, attending conferences to represent KPMG, network, identify leads, and further KPMG’s reputation in the industry
– Contribute to service line development for Future Mobility Services delivered by SAS
– Participate in team governance activities
– Contribute to the personal development of team members

Most project work is undertaken in engagement specific, multidisciplinary teams drawn from across KPMG. As such, appreciating and managing management responsibilities and reporting lines, which change over time, is critical.
An Associate Director would be expected to:
– Have responsibility for managing a number of (potentially concurrent) engagement specific teams (of varying size)
– Be an active participant in the SAS team, and identify, design and lead critical and complex practice development initiatives, coordinating other members of the team
– Inspire, motivate, coach and develop project team members and appraisees, and give constructive upwards feedback

An Associate Director would be expected to:
– Build deep client relationships and be seen as the ‘go to’ person and a trusted adviser by C-level executives.
– Undertake scoping and fee negotiation on standard engagements
– Proactively manage upwards communication with the Partner and Director group
– Take on roles, projects and practice development opportunities for the SAS team or the wider Infrastructure Advisory Group

The Person

Essential
— Considerable experience of leading complex strategy projects, in relevant sectors, with multi-disciplinary teams in a consulting or corporate environment (a strategy house, big 4 firm or central strategy / corporate development team of a large company)
— Track record of working closely with Government/Infrastructure clients to deliver high impact recommendations and having a detailed understanding of the value drivers within the relevant sectors
— Experience of managing or supporting high value business development activities with senior public and private sector stakeholders
— Examples illustrating their collaborative and transparent team approach, readily sharing knowledge with the team, working through silos and respectful of others’ views and opinions
Desirable
— Current UK security clearance to SC or above

Expertise and Skills
— Excellent English written and oral communication skills
— Strong numerical capabilities combined with sound commercial acumen
— Evidence of strong problem-solving and analytical capabilities
— Ability to review and assess large volumes of technical data and distil the key strategic insights
— Ability to evaluate complex challenges and deliver insightful recommendations that can be practically executed
— Able to adapt quickly in changing circumstances, be an active learner and build innovative solutions
— Structured thinking skills combined with creativity

KPMG is part of a global network of firms that offers Audit, Tax, Pensions & Legal, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.


As a firm we help our clients navigate their biggest issues and opportunities. We aim to be universally recognised as a great place for great people to do their best work – a firm known for our collaborative and inclusive culture. And we will take pride in driving lasting, positive change in society.


With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.


KPMG’s Infrastructure Advisory Group (IAG) is widely recognised as one of the world’s leading independent strategic advisors in the infrastructure sector. The group has won many awards, including financial advisor of the year (Infrastructure Journal). In the UK, the group consists of over 150 professionals, with locations in London, Birmingham, Manchester, Leeds and Edinburgh and is organised as a single national team.


We provide in-depth advice on the strategic, economic, financial and commercial issues driving infrastructure projects spanning the transport, power and utilities and social infrastructure sectors in the UK and internationally.


IAG’s Transport business provides market-leading advice to public and private sector clients including Department for Transport, Network Rail, Transport for London, Owning Groups, Train Operating Companies, Major Airports, High Speed 2, Highways England, Rail Delivery Group, as well as major city region authorities and local authorities.


Over the last decade we have undertaken key roles on high profile multi-billion pound projects and programmes across the UK, these include Crossrail 2, High Speed 2, Mersey Gateway, Northern Line extension and East West Rail. KPMG has long been a pre-eminent adviser in the rail franchising sector. Most recently, we have advised successful bidders on the East Midlands, West Midlands, South Western, East Anglia and TransPennine franchises. Our role in these competitions spans finance, strategy, commercial and delivery plans. We are currently supporting Network Rail design and implement its Putting Passengers First transformation programme.


IAG’s Transport Economics and Regulation team
Within IAG, the Transport Economics and Regulation team works with transport sector clients to develop commercial strategies, produce business plans, value economic impacts, and achieve better outcomes from regulatory policy and regulatory strategy.


Key service lines include:
― Pricing for transport services.
― Efficiency of capital investment.
― Efficiency of transport operations (benchmarking performance and operating costs).
― Economic regulation of transport infrastructure and services.

The Role

In response to the increasing demand for advice to support policy, regulation and investment decisions across the transport sector, we are looking for a high calibre, ambitious economist to join the team and play an integral role in the continued development of our business.

Key activities include:
― Undertaking a broad range of economic analysis including:
– Economic analysis
– Cost and performance benchmarking
– Pricing and incentives
– Economic and regulatory impact assessments.
― Writing technical and non-technical reports.
― Business development activities including writing proposals, and seeking out opportunities for new business.
― Developing and maintaining client relationships.
― Working with and managing colleagues.
― General project management and administrative activities.

Responsibility for delivering engagements in collaboration with senior colleagues. This will involve being able to scope work, develop project plans, deliver outputs and present to internal and external stakeholders

We encourage and expect all of our team to play an active role in engaging with clients and internal stakeholders. This includes building relationships, working closely on projects and presenting our findings.

The Person

― Experience working for or with an economic regulator, regulated company, economic/financial consultancy or as a government economist.
― Excellent understanding of transport policy, economic regulation and commercial performance.
― Knowledge of airports, railways and local public transport operations.

Essential:
― Strong technical skills in economic analysis
― Strong report writing skills
― Flexibility and the ability to adapt to changing requirements.
― The ability to identify problems and contribute to the development of solutions, helping us to remain at the cutting-edge of thinking in the sector.
― The ability to develop work which anticipates and can withstand third party scrutiny and challenge.

Desirable:
― Financial modelling
― Econometric analysis

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 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, with a focus on the energy networks sector.

The Role

- You would be joining the leading provider of strategic economic consultancy services in the utilities sector.
- While you will have specific responsibilities for contributing towards the team’s energy networks business, there will also be opportunities to work in other sectors, primarily water.
- Working closely with sector and subject matter experts you will develop to become the ‘go to’ person for economic advice on energy network regulation. This will involve developing an in-depth understanding of Ofgem’s RIIO price controls and its wider 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 varied. For example, in recent years we have advised nearly every network company on their price control reviews, been the lead advisor on several CMA appeals, and advised on major transactions within the sector. We have the skills and capabilities to be involved in every major development within the sector.
- 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 on specific projects.

The Person

- We are looking for someone who is passionate to learn and develop in the sector, while taking responsibility for the quality of deliverables produced.
- You will have experience in the utilities sector, in the industry or at a regulator, or as a consultant ideally with energy networks experience.
- You will have knowledge either of the regulatory frameworks for utility companies, micro-economics, or finance (ideally all three).
- You will bring excellent report writing, Excel and PowerPoint skills—strong writing and quantitative skills are a must.
- You will be comfortable and/or experienced in presenting to clients.
- Be a highly motivated, ambitious self-starter, willing to take advantages of the opportunities this position offers.

KPMG's Infrastructure and Government (I&G) strategy team wants the right candidate for their London-based team. The team needs professional, talented individuals who have a passion for identifying, creating and delivering innovative solutions for public and private sector clients.
The I&G Strategic Advisory Services (SAS) team works with government and industry on the biggest, most complex and pressing strategic, policy and programme implementation issues.
We are looking for someone with experience in the Future Mobility sector to focus on this growing area of our work. We define Future Mobility as the de-carbonisation, digitalisation, and personalisation of transport through electric and alternate drivetrains, connected and autonomous vehicles, and Mobility-as-a-Service. The resultant ‘perfect storm’ is impacting automotive, supply chain, energy, technology, infrastructure, funds, transport operators, regional authorities and Government. Things are changing faster than expected driven by rapid developments in technology, regulation, competition and consumer behaviour. Over the next 5 to 12 years the organisations that we work with will require significant advisory support: multi £m transformations,multi £m deals, customer and industry 4.0 advice, strategic roadmap development and portfolio delivery. KPMG is establishing itself at the forefront of this change, creating new relationships and unlocking significant benefits for transport systems and society. Depending on the flow of work within the team you may also be required to work in other I&G sectors.
As part of a fast paced and dynamic group, practitioners will have the opportunity to advise on strategic options, business cases and operating models to public sector, agency and corporate clients.
Typically the advice we provide can be categorised as:
– Regulatory and Policy Strategy & Design (including Trend analysis and “Futures” scenario development, Futures Impact Assessments, and Policy development)
– Business & Digital Strategy and Service Design (including. Corporate & Business strategy development, Market analysis, Product capability assessment and development roadmaps)
– Portfolio Investment Strategy & Management (including Project appraisal, Business case development (all levels inc. Green Book), Funding strategies (commercialisation / partnerships (inc. PPP’s))
– Commercial Strategy and Complex Delivery Vehicle Design (including Market development & evaluation, Commercial strategies and scheme design (inc. SPVs), Commercial scheme development (inc. complex bi- and multi-lateral negotiations))
– Innovation Strategy & Delivery (including. Innovation Strategy development
– Proof of Concept, Pilot & MVP development, Scaling strategy and implementation planning); and,
– Operating Model development and Delivery roadmap design
It is an exciting time to join our team as we are growing rapidly and working on some fascinating public issues – including: the rise of autonomous vehicles, growing regional trade, and the future of the probation service. The team blends this with support to the largest infrastructure operators and infrastructure programmes in the UK.

The Role

To be an effective Manager within the team, applicants will be expected to:
– Design and run small projects and / or large, complex work streams with limited oversight
– Generate hypotheses and play a leading role in storyboarding client deliverables
– Liaise effectively with clients whilst working on engagements and act as an ‘ambassador’ for KPMG
– Produce client ready deliverables that exceed expectations and require limited review
– Develop solutions to complex problems and challenge the thinking of more senior colleagues and clients
– Construct detailed financial / business models performing complex scenario and sensitivity analysis
– Support the identification of on-sell / cross-sell opportunities
– Provide timely feedback and coaching to other team members
– Be comfortable handling ambiguity and changing client demands
– Demonstrate deep expertise and an ability to generate insights in the sector with a demonstrated passion for public issues
– Build and maintain a strong internal and external network
– Demonstrate high levels of drive, ambition, and able to lead work at high levels of intensity
– Be comfortable having a visible market presence, attending conferences to represent KPMG, network, identify leads, and further KPMG’s reputation in the industry
– Develop highly relevant and professional thought leadership related to the future of mobility
– Contribute to service line development for Future Mobility services delivered by the SAS team
– Participate in team governance activities
– Contribute to personal development of the team

Most project work is undertaken in engagement specific, multidisciplinary teams drawn from across KPMG. As such, appreciating and managing management responsibilities and reporting lines, which change over time, is critical.
A Manager would be expected to:
– Have responsibility for managing an engagement specific team (of varying size)
– Be an active participant in the SAS team, leading practice development initiatives, coordinating other members of the team
– Inspire, motivate, coach and develop project team members and appraisees, and give constructive upwards feedback

A Manager would be expected to:
– Build client relationships during project delivery, be seen as the ‘go to’ person on-site and maintain contact appropriately when projects end
– Participate in scoping projects and building budgets on standard engagements
– Proactively manage upwards communication with the Partner and Director group
– Take on roles, projects and practice development opportunities for the SAS team or the wider Infrastructure Advisory Group

As a Manager, a successful candidate would be expected to:
— Manage workstreams or small engagements on a day-to-day basis
— Maintain engagement documentation including risk management (supported by the relevant teams within the firm) and escalate issues appropriately to Engagement Leaders
— Participate in business development activity for the team alongside client deliverable responsibilities
— Have responsibility for delivering against individually set financial targets, as agreed at the beginning of each relevant period

The Person

Essential
– Experience of working with clients and having a strong understanding of the issues facing the mobility sector
– Ability to lead parts of complex projects or programmes in the relevant sectors
– Ability to display involvement in business development activity e.g. building relationships with clients during engagements or responding to RfP/ITT’s
– Experience of contributing to thought leadership and knowledge management activities
Desirable
— Current UK security clearance to SC or above

Skills

— Excellent English written and oral communication skills
— Strong numerical capabilities combined with sound commercial acumen
— Evidence of strong problem-solving and analytical capabilities
— Ability to review and assess large volumes of technical data and distil the key strategic insights