Finance Modeller

About the Company

Ocean Winds (OW) is an international company dedicated to offshore wind energy, created as a 50:50 joint venture between EDP Renewables and Engie. OW currently operates one of the UK’s largest offshore wind farms, Moray East (950MW), Moray West (882MW) and its UK portfolio also includes Caledonia (2GW) and Arven (a 2.3GW floating offshore wind development).

About the Role

The Economic Modeller will manage the economic evaluation and analysis for Ocean Winds in the UK with a special focus on economic/financial modelling and will play a key role in supporting the commercial success of OW’s offshore wind portfolio.

Responsibilities

• 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.
• Deliver detailed and ad hoc economic analysis to support board-level reporting and financial decision-making.
• 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 to develop and validate financial models and associated assumptions.

Qualifications

• 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 Skills

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:

• Experience working with @Risk modelling.
• Corporate and energy project finance structuring.
• Renewable energy technologies and project economics.
• UK tax and accounting practices.

Preferred Skills

• 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.

Location: Edinburgh.

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.

Equal Opportunity 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.

You might not meet every single requirement listed. If this role speaks to you, we encourage you to apply. Potential and passion can be just as important as past titles.

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 the Recruiter in the "Job Poster" for the same.

By applying, you confirm that you’ve read and agreed to our Candidate Privacy Notice: https://www.oceanwinds.com/wp-content/uploads/2022/12/OW_Privacy-notice-for-candidates_v3.pdf.