At a Glance
- Tasks: Lead M&A projects, identify targets, and manage due diligence processes.
- Company: Join Drax, a leader in renewable energy and sustainability.
- Benefits: Enjoy competitive salary, private healthcare, and generous holiday allowance.
- Other info: Be part of a team committed to making a positive impact on climate change.
- Why this job: Shape the future of energy while advancing your career in a dynamic environment.
- Qualifications: Experience in M&A, strong financial analysis skills, and excellent communication abilities.
The predicted salary is between 60000 - 80000 £ per year.
Permanent, Full-time
Location: London, hybrid work pattern
Closing Date: 22nd June
Due to continued growth, we’re looking for a new M&A Manager to join our team at our office in the City of London. As a M&A Manager, you’ll support our M&A Director in identifying potential M&A targets which support Drax’s long term business strategy. You’ll lead project teams for acquisitions or disposals, with typical business valuation of over £100m, as well as leading the post investment appraisal process, providing feedback on how effective the spend has been and any opportunities for improvement in the future.
This is a pivotal role at Drax, where you’ll have significant exposure and engagement with our senior leaders, and a chance to help shape the future of the organisation in an environment where M&A are at the forefront of growth agenda!
Who we are:
We’re not just talking about making a difference, we’re making it happen. We generate dispatchable, renewable power and create stable energy in an uncertain world. Building on our proud heritage, we have ambition to become the global leader in sustainable biomass and carbon removals. You’ll be joining our teams of practical doers, future thinkers and business champions. We’re enabling a zero carbon, lower cost energy future for all, and working hard to decarbonise the planet for generations to come.
About the role:
As a M&A Manager, you’ll be responsible for running M&A deals from beginning to end, working cross-functionally with leadership teams and peers in Finance, Tax, Legal Market Analysis to ensure Drax is on target to meet its growth strategy.
Key accountabilities include:
- Conduct M&A discussions and prepare and lead presentations on proposed acquisitions with senior leadership teams.
- Responsible for ensuring a robust, rigorous and detailed due diligence process ensuring all risks are appropriately managed.
- In conjunction with Legal, take responsibility for preparation of transaction documentation (Confidentiality Agreement, Information Memorandum, Process letters, Management Presentations, Sale and Purchase Agreements).
Who we’re looking for:
To be successful in this role you’ll ideally have…
- Extensive experience of M&A covering the full life cycle of transactions and proactively managing multi-disciplining teams.
- Experience in managing a due diligence process including prioritisation and assessment of materiality.
- Ability to manage complex acquisition issues as well as in-depth financial modelling, incremental P&L, balance sheet and cash flow analysis, accretion/dilution analysis, etc.
- Previous experience gained from working within an Investment Bank, Corporate Finance team, Accounting Firm or within an in-house M&A team.
- Previous experience, or knowledge of the Energy, Utilities or Power industry would be an advantage but is not a prerequisite.
- Ability to communicate across a wide range of stakeholders across a corporate organisation.
- Excellent interpersonal and negotiation skills.
Rewards and benefits:
As you help us to shape the future, we’ve shaped our rewards and benefits to help you thrive and support your lifestyle. If successful in this role, you’ll get:
- A discretionary bonus depending on company performance.
- Private Healthcare.
- SAYE (Sharesave): discretionary scheme from time to time.
- Personal accident cover.
- Group personal pension plan where we’ll contribute up to 10%.
- Holiday - 25 days plus bank holidays.
- Reimbursement of the cost of your annual membership of one relevant and appropriate professional body.
We’re committed to making a tangible impact on the climate challenge we all face. Drax is where your individual purpose can work alongside your career drive. We work as part of a team that shares a passion for doing what’s right for the future. With Drax you can shape your career and a future for generations to come. Together, we make it happen.
At Drax, we’re committed to fostering an environment where everyone feels valued and respected, regardless of their role. To make this a reality, we actively work to better represent the communities we operate in, foster inclusion, and establish fair processes. Through these actions, we build the trust needed for all colleagues at Drax to contribute their perspectives and talents, no matter their background.
How to apply:
Think this role’s for you? Click the ‘apply now’ button to begin your Drax journey. If you want to find out more about Drax, check out our LinkedIn page to see our latest news. We understand that you may have some additional questions about the role. If you’d like to have a confidential chat to discuss the role in more detail, please email careers@drax.com.
M&A Manager employer: Drax Group
Drax is an exceptional employer, offering a dynamic work environment in the heart of London where you can play a pivotal role in shaping the future of sustainable energy. With a strong focus on employee growth, Drax provides comprehensive benefits including a discretionary bonus, private healthcare, and a generous pension plan, all while fostering a culture of inclusion and respect. Join a team of passionate professionals dedicated to making a tangible impact on climate challenges, where your contributions are valued and your career can thrive.
StudySmarter Expert Advice🤫
We think this is how you could land M&A Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the M&A space, attend industry events, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your financial modelling skills and understanding the latest trends in the energy sector. Be ready to discuss how your experience aligns with Drax’s mission and how you can contribute to their growth strategy.
✨Tip Number 3
Showcase your negotiation skills during interviews. Use real-life examples of how you've successfully managed complex acquisition issues or led cross-functional teams. This will demonstrate your capability to handle the pivotal role of an M&A Manager.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining Drax and making a difference in the energy sector.
We think you need these skills to ace M&A Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the M&A Manager role. Highlight your relevant experience in managing M&A transactions and any specific achievements that align with Drax's goals. We want to see how you can contribute to our growth!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills match what we're looking for. Don’t forget to mention your interest in sustainable energy – it’s a big deal for us!
Showcase Your Teamwork Skills:Since this role involves working cross-functionally, make sure to highlight your teamwork and leadership experiences. We love seeing how you’ve collaborated with different teams to achieve success in past projects.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Drax Group
✨Know Your M&A Fundamentals
Before stepping into the interview, make sure you brush up on your M&A knowledge. Understand the full life cycle of transactions and be ready to discuss your experience managing due diligence processes. This will show that you’re not just familiar with the theory but have practical insights to share.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills in complex acquisition issues. Think of examples from your past experiences where you successfully navigated challenges, and be prepared to explain your thought process and the outcomes.
✨Engage with Stakeholders
Since this role involves communicating across various stakeholders, practice articulating how you would approach discussions with senior leadership teams. Highlight your interpersonal and negotiation skills by preparing examples of how you've effectively communicated in previous roles.
✨Show Your Passion for Sustainability
Drax is committed to a sustainable future, so it’s important to convey your enthusiasm for renewable energy and carbon reduction. Research Drax’s initiatives and be ready to discuss how your values align with their mission, demonstrating that you’re not just looking for a job, but a purpose-driven career.
