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Investment Programme Manager - 14 Month FTC

£65k per annum

Affinity Water have an opportunity for an Investment Programme Manager to join our Asset Strategy & Capital Delivery team on a 14 month fixed term contract.

The Role:

As an Investment Programme Manager you will lead on assigned investment programmes to ensure a efficient value-based delivery. This will include developing knowledge and insights towards AMP8 (understanding the way we make decisions and what we need to be successful), forecast outturn, improve quality of decision making at Totex Governance and Totex Committee (e.g. by making sure relevant investment proposals are presented to advise the directors about what choices they have), providing successful engagements with delivery teams and stakeholders as well as ensuring projects are delivered on time, to cost, delivery quality, with expected outcomes and benefits.

What you'll be doing:

As an Investment Programme Manager, you will work within the Asset Strategy and Capital Delivery Directorate, reporting to the Investment Portfolio Manager within the Investment Programme Management (IPM) team.

You will support in capturing the overview of seven programmes totalling to circa £250m of the AMP8 capital programme.

The IPM comprises of the following teams: Investment Estimating, Investment Portfolio, Investment Risk & Planning, Programme Management Office, and closely collaborates with other Business Partner’s support (e.g. finance, commercial).

Some of the key responsibilities include:

  • Responsibility of supporting in programme/project governance compliance through interaction with programme/project manager throughout the lifecycle of the projects leading to a smooth transition into operational business.

  • Use financial data and performance trends to inform decision-making, provide constructive challenge, and ensure investment delivery remains aligned to approved funding and business objectives.

  • Own the Quarterly Rolling Forecast (QRF) for allocated investment programmes, ensuring a high degree of forecast accuracy across capital expenditure, phasing, and cashflow.

  • Maintain a thorough understanding of programme finances and provide timely, accurate reporting and recommendations to support governance and investment decisions.

  • Responsibility of supporting in programme/project assigned investment programme baselining with respect to plan and budget.

  • Engage and manage direct stakeholders in context of their role within the programmes.

  • Support in Identifying projects change (scope, time, budget) within agreed tolerances and/or influence/escalate changes accordingly.

  • Identify and support projects delivery team strategy for obtaining any required 3rd Party consents, highlighting program and project risks relating to the consents required.

If you would like the full job description please email View email address on affinitywatercareers.co.uk
What you'll need:
  • A strong level of experience of project management within water industry. (Essential)

  • Demonstrable financial and commercial expertise, including capital budget management, expenditure forecasting, variance analysis, and forecast assurance across large-scale investment programmes.

  • Experienced in building positive and productive relationships and making links with stakeholders within business.

  • Be initiative-taking and proactive in tracking a range of different tasks and projects, anticipating risks and issues.

  • Demonstrate your capability with risk-based and analytical decision-making.

  • Ideally Degree qualified (or equivalent) in a relevant subject. (Desirable)

  • Ideally hold or be willing to work towards an appropriate professional body membership or equivalent. (Desirable)

Advert Closing Date: 1/9/26

Benefits:
  • Salary: Up to £65,000 (salary dependant on skills and experience)

  • Car Allowance

  • Notice Period: 3 months

  • Hours of Work: 08:30am - 17:00pm (Mon - Thurs) 08:30am - 16:30pm (Friday)

  • Hybrid Working: Minimum of 2 working days in the office.

  • Learning and development opportunities, including mentoring and a range of formal courses and open learning resources.

  • Entry into the company annual bonus scheme.

  • Annual leave from 26-30 rising with length of service, and the option to purchase up to 5 extra days.

  • A ‘Celebration Day’ in addition to public holidays that people can use to celebrate a religious festival or other occasion that is important to them.

  • A generous 'double match pension scheme' that doubles the contributions you make (company contribution capped at 12%)

  • We offer a range of family benefits including enhanced Maternity, Adoption, Paternity, Shared Parental Leave, Fertility Support Leave and up to 5 full or 10 half days of paid Carers Leave.

  • Menopause policy and Reasonable Adjustment policy to help everyone perform at their best.

  • Access to our Wellbeing Centre with support for looking after your physical and mental health.

  • Discounts at a Range of Retail Outlets through our Tap4Perks scheme

  • Discounts on Dental and Medical Insurance through our Tap4Perks scheme through salary sacrifice

  • Up to 4 Affinity days a year to volunteer in the community.

  • Life Assurance.

Disability Confident

As a Disability Confident employer, we’re committed to offering interviews to disabled candidates who meet the essential criteria and opt in on the application form. Ask the Talent Acquisition lead for the full job description to see all the criteria. If we have a very high volume of applicants and we’re not able to offer interviews to all, we’ll take a fair and proportionate number of disabled candidates through.

Affinity Water recognises the benefits of greater diversity in our workforce to better reflect the communities we serve. We are committed to building a more inclusive culture where every member of our workforce can thrive.

You can find out what it’s like to work at Affinity Water through our career site where our colleagues share their career development stories and you can get a feel for our company culture.

Vacancy posted 3 days ago
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