Cooper Parry Finance Recruitment is delighted to have been engaged with one of the UK’s largest renewable energy businesses, based in Edinburgh in their search for a new Project Finance & Economic Modeller.
You will be leading and responsible for handling the Project Finance documents and coordinating lender responses and requests and manage the economic evaluation and analysis for the UK business. You will also have direct responsibility for the management of the loan structure and project credit support. This role will report to the Head of Corporate and Financial Planning and work closely with the wider corporate finance team.
Key Responsibilities:
- 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.
Required Skills and Experience:
- Demonstrable experience in economic/financial modelling
- A degree within a relevant field – economics, finance, or engineering
- Advanced experience with excel based modelling
Highly desirable but not essential:
- Corporate and energy/infrastructure project finance structuring
- UK tax and accounting practices
Cooper Parry Finance Recruitment are working as recruitment partners on this great opportunity, and we welcome all interested parties to apply now or contact Craig Sinclair, Recruitment Manager at Cooper Parry Finance Recruitment on craig.sinclair@cooperparry.com for further information.