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