Project & Structured Finance Manager - Recurrent Energy
5 days ago
Valencia
Company summary Recurrent Energy is one of the world’s largest and most geographically diversified utility-scale solar and energy storage project development, ownership, and operations platforms. With an industry-leading team of in-house energy experts, we are a wholly-owned subsidiary of Canadian Solar Inc. and function as Canadian Solar’s global development and power services business. Role We are currently seeking a for a Project & Structured Finance Manager EMEA that will be working on: • Build and manage financial models providing forecasts based on various industry-related operating metrics., • Conducting Scenario Analysis based on macro and micro factors that will help in accessing risk., • Ensuring accurate modelling of allocated portfolios and developing new transaction models and enhancing the existing models., • Recommending and Implementing process for improvements to budget and prepare forecast for company., • Identifying the key financial and non-financial risks, recommending actions for mitigation of those risks., • Applying appropriate sensitivity and scenario analysis to support investment actions., • Updating financial models during different seasons and following corporate actions., • Analysing and identifying data requirements related derivation rules and model tracking., • Manage the due diligence, financial modelling, risk analysis and mitigation in the structuring of loans, equity investments and guarantees., • Manage structured finance transactions for Renewable Energy projects (experience in Energy or Infrastructure sector is a must), • Monitoring and follow-up of the transactions closed, • Structure transactions to maximize the potential financing and originate additional sources of capital., • Assist in the origination of a pipeline of private sector infrastructure finance projects and screen, • investment opportunities through contacts with lenders, marketing, and deal screening., • Support through the internal approvals process including interface with Risk, legal, Compliance and other teams as well as management of documents to be delivered to internal committees., • Collect the appropriate legal documentation successfully concluded in line with approvals and monitor the covenants and other reporting requirements to be fulfilled., • Make sure that financial close (i.e., first disbursement) is achieved in a timely and efficient manner, meeting the conditions for approval given by internal committees, • Capable of negotiate with lenders and other different stakeholders from a technical and commercial point of view. • Full ownership of the different financing responsibilities for the projects assigned under the relevant mandate, including liaise with other departments, advisors, and senior management., • Ensuring compliance with required guidelines, policies, and procedures as well as agreed covenants and reporting requirements up to financing effectiveness., • Provide support for relationships with commercial lenders, other financial partners in the region developers, and investors and authorities., • Preparation of presentations and other documents for different stakeholders, • Full understanding of tax structuring management., • Participate in country teams for planning and programming purposes., • Independently amends and clarifies messages and documents., • Provide leadership and support to line manager., • Coaching and mentorship for the more junior colleagues within the Department. Job requirements • Degree in Economics, Administration, mathematics, physics, or Engineering, • MBA is a plus., • At least 5 years work experiences in a similar role., • Expert financial modelling skills, including design of macros in Visual Basic., • Working experience in a big 4, investment fund or a bank is highly desirable., • International experience required., • Ability to communicate clearly and concisely, both orally and in writing., • Computer literacy, including advanced skills in Word, Excel and PowerPoint is required., • High level of English is mandatory, being Spanish highly valuable as well., • Any other additional language would be a plus. Work location: • Madrid, • Availability to travel
