Chief Financial Officer (CFO) – Renewable Energy Platform
Our client, a private equity backed European Renewable Energy Platform have recently entered the UK market, acquiring several power generation assets. They are now looking to kick-start their growth in this market and seeking to appoint a commercial CFO to join the leadership team.
The successful CFO will partner with the new UK CEO to lead M&A activity, manage the relationship with the PE backers, build & run the finance function and oversee asset management to drive significant growth towards an anticipated exit in 3-4 years.
Key Responsibilities:
- Working closely with the CEO to assess organisational performance against both the annual budget and company’s long-term strategy.
- Support development and execution the financial strategy to secure funding for investments, M&A´s and dividends as well as securing bank covenants fulfilment.
- Engage the executive team and board around issues, trends, and changes affecting the business performance.
- Proactively provide insights and recommendations to both short-term and long-term initiatives in respect of growth, operational excellence, and risk mitigation.
- Assist in establishing yearly objectives and oversee budgetary planning and costs management in alignment with company’s strategic plan.
- Participate in key decisions pertaining to strategic initiatives, operating model, and operational execution.
- Secure adequate company policies and procedures, (and adherence to such policies), in respect of finance, accounting and financial risk management.
- Work with commercial teams to manage and monitor risk management and hedging strategies across the business.
- Secure adequate financial and accounting systems, processes, tools, and control systems supporting current business needs and the company´s long-term strategy.
- Ensure timeliness, accuracy, and usefulness of financial and management reporting for the benefit of key stakeholders including financing banks and shareholders
- Ensure legal and regulatory compliance regarding all financial functions.
- Represent company towards stakeholders including auditors, tax officials, state officials etc.
Qualifications and Experience:
- Relevant experience as a CFO/Head of Finance or equivalent position in an asset-based environment within the energy sector
- Experience working with Private equity owners essential
- Exposure to M&A transactions required along with preferred experience of structuring investments in asset or business acquisitions
- Relevant experience from long-term investments, cashflow and funding assessment.
Strong remuneration potential including MIP equity scheme. London, hybrid working within UK.
Chief Financial Officer (CFO) – Renewable Energy Platform