At a Glance
- Tasks: Manage project finance documents and coordinate lender responses for innovative energy projects.
- Company: Join Ocean Winds, a leader in renewable energy with a diverse and inclusive culture.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Dynamic team environment with excellent career advancement opportunities.
- Why this job: Make a real impact in the renewable energy sector while developing your financial modelling skills.
- Qualifications: Degree in finance, economics, or engineering; experience in economic/financial modelling preferred.
The predicted salary is between 50000 - 65000 £ per year.
The Project Finance and Economic Modeller will be responsible for handling the Project Finance documents and coordinating lender responses and requests, and manage the economic evaluation and analysis for Ocean Winds in the UK. This role will report to the Head of Corp. and Financial Planning UK and work closely with the wider corporate finance team.
MAIN ACCOUNTABILITIES
- Coordinate lender responses and requests, updating DSCR statement making debt repayments & distributions, addressing any ad-hoc waiver request.
- Coordinate the lender covenant monitoring process, ensuring that areas of potential non-compliance are identified and escalated.
- Coordinate reporting to lenders, being aware of deadlines and deliverables and interact with the rest of the teams within the company providing inputs in a timely manner.
- Continuously maintain, enhance and operate economic models to provide reporting to the project management team, UK business unit finance team and project stakeholders such as lenders and lenders’ advisors.
- Engage with wider project team including project controls, commercial and technical staff to define and optimise the interface between project cost and technical parameters and the financial model.
- Provide detailed analysis of the ongoing economics of projects which can be reported at board level.
- Provide regular and ad hoc analysis to support project and financial decision-making processes.
- Support yearly business planning with regards to financial modelling and contribute to the integration between project financial models and requirements of project sponsors and lenders.
- Engage with independent financial advisors where required in order to develop and validate financial models and associated assumptions.
- Support shareholders to place and manage equity bridge loans.
- Support the project treasury teams in administering and tracking loans for UK projects.
PREFERRED ACADEMIC AND PROFESSIONAL EXPERIENCE
- A degree in finance, economics, mathematics or engineering is required.
- Demonstrable professional experience in economic/financial modelling is required.
- Professional experience of economic/financial modelling in the context of energy/infrastructure projects is highly desirable.
REQUIRED KNOWLEDGE
- Demonstrable knowledge/skills in the following areas is required:
- Advanced Excel based modelling skills.
- Demonstrable business, economic and financial knowledge.
- Knowledge of energy or other infrastructure projects.
- Demonstrable knowledge/skills in the following areas is desirable:
- Corporate and energy project finance structuring.
- Renewable energy technologies and project economics.
- UK tax and accounting practices.
SKILLS / COMPETENCIES
- Self-starter with a proactive approach.
- Ability to communicate across all levels of the project team and to engage (where required) with external stakeholders.
- Attentive to detail with strong logical structuring, written communication, organisational and time management skills.
LANGUAGES
The project has an international team of employees and the working language is English. Candidates need to be fluent in English both spoken and written. Proficiency in other languages will be valued.
LOCATION / MOBILITY
Location in Edinburgh, office hours to be discussed.
EQUAL OPPORTUNITIES STATEMENT
At Ocean Winds, we celebrate all the differences that make individuals unique. We are building a diverse energy workforce, where differences in every form (culture, background, ability, or lived experience) are valued by all, bringing greater perspectives, ideas, and knowledge.
Project Finance and Economic Modeller employer: Oceanwinds
Ocean Winds is an exceptional employer, offering a dynamic work environment in Edinburgh that fosters collaboration and innovation within the renewable energy sector. Employees benefit from a strong focus on professional development, with opportunities to engage in meaningful projects that contribute to sustainable energy solutions. The inclusive culture values diversity and encourages unique perspectives, making it a rewarding place for individuals passionate about making a difference in the energy landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Project Finance and Economic Modeller
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Oceanwinds. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Project Finance and Economic Modeller
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Oceanwinds.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Oceanwinds's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Oceanwinds
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Oceanwinds.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Oceanwinds will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Oceanwinds employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
