Interim Strategic Corporate Finance and Governance Support

Tender description

We are looking for someone who understands the regulatory framework of the water sector well and can provide strategic direction and challenge. We seek a Contractor who can challenge our thinking from an outside perspective, with particular focus on the context of how company boards operate and the responsibilities placed upon them. In particular on the financial ring-fence arrangements which are in place. It is equally important that they understand the broader range of licence and culture-change issues which we and the sector are considering, and that they can develop the strategic knitting of these into a coherent package of work. This requires a diverse set of skills a proven leader, with a strong water background and the ability to help define and develop the strategic framework and set and drive work forward to deliver the key priorities within that. The programme of work is focused mainly across our finance and governance and strategic policy programmes. However, the key themes of corporate responsibility, financial resilience and deliver a sector that focuses on customer interests is closely aligned to the themes and aims of the 2019 price review (PR19). So while the Contractor would not be working on PR19, the thinking and policy developed within this programme of work needs to be mindful of the objective of PR19 and the parallel work. Key Tasks In order to meet the business objectives, the project will involve the Contractor performing the following tasks: • Strategic thinking on approach and policy, including approach to engaging with stakeholders. This may include supporting the development of documentation to support engagement with stakeholders. • Contribution to internal think pieces and material to be shared with Ofwat's board to set out our thinking and recommendations. • Critical challenge of emerging thinking and ensuring that taken together the package of policy proposals is coherent and deliverable to the required timetable. Key Deliverables Ultimately the Contractor will be expected to support the delivery of a recommended package of proposals and measures to achieve the aims of the work programme. The work does not require a specific single, one off report to be produced. Instead, as described above under Key Tasks section, it will require contribution and potentially leading on a series of documents to deliver the overall objective of the work programme.