Senior Finance and Commercial Analyst (Dogger bank)

Senior Finance and Commercial Analyst (Dogger bank) Glasgow, Scotland

Full Time Glasgow, Scotland 44100 - 66100 GBP ANNUAL Today
Job description

SSE has big ambitions to be a leading energy company in a low carbon world. Following our commitment to invest £12.5 billion in low carbon projects over the next 5 years, we have significant growth plans and are well on our way to achieving our ambition to build a world that's more sustainable and inclusive for you, your family, the community you live in and for generations to come.

Join us on our journey to net zero and help us power change.

About the Role

Base Location: Glasgow

Salary: £44,100 - £66,100 + performance-related bonus + a range of other benefits to support your family, finances and wellbeing.

Working Pattern: Permanent | Full Time | Flexible First options available

About the Department

SSE Renewables (SSER) is the UK and Ireland's leading renewable energy company. Our aim is to be the largest and most efficient developer of onshore and offshore wind in the UK and Ireland. We drive new growth by identifying, developing, building and operating high quality assets in GB, Ireland and internationally. In order to contribute to a low carbon future, we have committed to treble our current Renewables output by 2030.

About Dogger Bank

Dogger Bank is a major offshore windfarm development, comprising 3 x 1,200MW phases, each with a capital cost of c.£3bn. It is the largest construction project in the SSE Renewables portfolio and is a key, high value project for both SSE Renewables and its co-shareholders, Equinor and Vargronn.

Dogger Bank A and B reached Financial Close in November 2020 and Dogger Bank C reached Financial Close in December 2021. All three phases are being managed by SSE Renewables during the construction phase.

The project team across all three phases will comprise c.200 professionals at its peak during the construction phase, working principally out of the SSE project offices in Glasgow.

An exciting opportunity has arisen for an Senior Finance and Commercial Analyst/ Commercial Finance Manager to join the Renewables Finance team working exclusively on the Dogger Bank Project. Seconded onto the Dogger Bank project you will report directly into the Dogger Bank Head of Finance. You will be responsible for overall management of all aspects of financial modelling on the project, including updating and maintaining the financial models, delivery of reporting information to the SSER commercial finance team and JV partners to provide updates on financial performance and provide additional insight through reporting and commentary as required. The role will involve working closely with a range of internal and external stakeholders, focusing on establishing best practice in reporting and processes.

Your responsibilities will include:

  • Ownership of all aspects of financial modelling across three projects, including updates required for both internal and external shareholders.
  • Delivery of quantitative and qualitative analysis to support the management of Dogger Bank's key contracts, including analysis related to contract variations and claims.
  • Producing presentations / communications on project financial and commercial matters for the Board and other senior stakeholders.
  • Support the monthly process for drawing down funds from senior lenders and shareholders, including liaising with the Lenders' Technical Adviser to provide information as required to support the requests for funds.
  • Collaborating with the wider project team including the project financial control team; and project engineers and commercial team to produce cost reporting and analysis.
  • Ad hoc financial and commercial analysis as required to support the management of the project finance debt facilities.

What do I need?

To be considered for this role, we would love you to have:

  • Excellent financial modelling skills, with experience of developing, updating and maintaining financial models, and reporting on the impact of changes.
  • Ability to analyse and interpret financial information, understanding key commercial points and present this information to key decision makers.
  • Understanding of major projects and related processes, including financing structures and the related requirements.
  • Strong understanding of the renewables industry and understanding of the relevant costs and revenue streams.
  • Excellent communication skills including the ability to explain financial information to both finance and non-finance personnel; and the ability to coach and develop others.
  • Post graduate financial or commercial qualification (part-complete or qualified) is desirable.

In addition to the above you will be a good communicator, professional and diligent, with the ability to work to tight deadlines and under pressure, whilst never compromising on the quality of your work. You will be flexible, adept at managing expectations and be able to adapt to changing business needs.

About our Business

Our SSE Finance function has a key part to play in fulfilling SSE's obligations as a UK-listed company, providing expertise and services that can be shared across the SSE Group, and working in partnership with all businesses to provide services tailored to their specific needs. SSE operates in a highly regulated and increasingly competitive environment, and our role is to ensure that we gather, compile, analyse and recommend on the financial strategy for our businesses, identifying opportunities to drive efficiencies and create value for SSE now, and in the future.

What's in it for you?

An excellent package with 34 days holiday entitlement, enhanced maternity/paternity leave, discounted healthcare, salary sacrifice car leasing and much more, view our full benefits package on our careers site.

As an equal opportunity employer we encourage diversity and are committed to creating an inclusive environment for all employees. We actively encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during the application, assessment and upon joining SSE. Search for 'Inclusion & Diversity at SSE' to find out more.

Next Steps

All applications should be submitted online, and I'll be back in touch after the vacancy closing date to let you know the outcome.

If you would like to discuss any working differently requirements or adjustments you may require throughout the recruitment and selection process, please contact Francesca on [email protected] / 01738 344763.

Before commencing employment with SSE, you'll be required to fully complete our pre-employment screening process consisting of a basic criminal records and credit check.




Senior Finance and Commercial Analyst (Dogger bank)
Perth, United Kingdom
Alistair Phillips-Davies
$5 to $25 million (USD)
10000+ Employees
Company - Public
Energy & Utilities
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