At a Glance
- Tasks: Manage project finance processes for offshore wind energy projects and coordinate financing transactions.
- Company: Join Ocean Winds, a leader in renewable energy with a focus on offshore wind.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse and inclusive team environment with support for all applicants.
- Why this job: Make a real impact in the renewable energy sector while working on innovative projects.
- Qualifications: Degree in finance or related field and 5+ years of project finance experience required.
The predicted salary is between 60000 - 80000 € per year.
Ocean Winds (OW) is an international company dedicated to offshore wind energy and was created as a 50:50 joint venture, owned by EDP Renewables and Engie. Ocean Winds is currently operating one of the UK’s largest offshore wind farms, Moray East (950MW), Moray West (882MW) and its UK portfolio also includes Caledonia (2GW), Arven (a 1.8GW floating offshore wind development) and Celtic Sea (1.5 GW floating).
The UK Project Finance Manager will be responsible for corporate finance processes for OW in the UK including management of lenders and external debt, hedges, credit support requirements, insurance and economic modelling support.
Main Accountabilities- Oversee the modelling workstream across multiple project financings and investment transactions.
- Provide guidance and quality control on financial modelling deliverables prepared by analysts and external advisors.
- Coordinate the structuring and raising of financing for new projects, including preparation of financial materials, lender presentations and investment documentation.
- Identify, evaluate, and secure new financing sources for new projects, including project finance, Equity Bridge Loan and public funding entities.
- Coordinate internal and external workstreams across finance, legal, technical, tax, and commercial teams to ensure successful execution of financing transactions.
- Assist in the negotiation and review of financing documentation, term sheets, and related agreements.
- Analyse financing alternatives and market conditions to optimize capital structure and funding strategy for projects and assets.
- Lead and support refinancing processes for existing assets, including financial structuring, negotiation with lenders, due diligence coordination, and execution follow-up.
- Support sell-down processes on Corporate and Project Finance matters, coordinating with investors, lenders, advisors, and internal teams in relation to financing structures, due diligence, and transaction execution.
- A degree in finance, economics, mathematics or engineering is required.
- Professional experience of Project Finance in the context of energy/infrastructure is mandatory.
- Professional Experience +5yrs
- 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.
- 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.
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: Edinburgh.
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.
You might not meet every single requirement listed. But, if this role speaks to you, we encourage you to apply. Potential and passion can be just as important as any other requirement. We are proud to be a diverse and inclusive team where everyone is welcome, and we’re committed to making our hiring process as open and supportive as possible. If you need any adjustments or accommodations during the process, please don’t hesitate to let us know. We’ll do everything to help.
Please feel free to reach out by contacting us at recruitmentUK@oceanwinds.com.
Project Finance Manager employer: OW Ocean Winds
Ocean Winds is an exceptional employer, offering a dynamic work environment in the heart of Edinburgh, where innovation meets sustainability in the offshore wind energy sector. With a strong commitment to diversity and inclusion, employees are encouraged to bring their unique perspectives to the table, fostering a culture of collaboration and growth. The company provides ample opportunities for professional development, ensuring that team members can thrive while contributing to impactful renewable energy projects.
StudySmarter Expert Advice🤫
We think this is how you could land Project Finance Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Ocean Winds. Attend events, webinars, or even local meet-ups to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by diving deep into Ocean Winds' projects and values. Show your passion for renewable energy and be ready to discuss how your skills can contribute to their mission in offshore wind energy.
✨Tip Number 3
Practice your financial modelling skills! Since this role requires advanced Excel skills, brush up on your modelling techniques and be prepared to showcase them during assessments or interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Ocean Winds team.
We think you need these skills to ace Project Finance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Project Finance Manager role. Highlight your relevant experience in project finance, especially in energy or infrastructure. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about offshore wind energy and how your background makes you a great fit for Ocean Winds. Keep it engaging and personal – we love to see your personality!
Showcase Your Financial Modelling Skills:Since advanced Excel-based modelling skills are crucial for this role, make sure to mention any specific projects or experiences where you've used these skills. We want to know how you can contribute to our financial modelling workstream!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you're keen on joining our team at Ocean Winds!
How to prepare for a job interview at OW Ocean Winds
✨Know Your Numbers
As a Project Finance Manager, you'll need to demonstrate your advanced Excel modelling skills. Brush up on your financial modelling techniques and be ready to discuss specific examples of how you've used these skills in past projects. This will show that you can oversee the modelling workstream effectively.
✨Understand the Market
Familiarise yourself with current market conditions and financing alternatives in the renewable energy sector. Be prepared to discuss how these factors influence capital structure and funding strategies. Showing that you’re up-to-date will impress the interviewers and highlight your proactive approach.
✨Communicate Clearly
Since this role involves coordinating across various teams, practice articulating complex financial concepts in simple terms. Prepare to explain how you would engage with stakeholders at different levels, ensuring everyone is on the same page during financing transactions.
✨Showcase Your Experience
With over 5 years of experience required, come armed with specific examples from your past roles. Highlight your involvement in project finance within the energy or infrastructure sectors, focusing on successful negotiations and the structuring of financing deals. This will help you stand out as a strong candidate.