Project & Structured Finance Manager

Talantir; Madrid; On-site; EUR 90,000 - 140,000; Full time

Job summary

Recurrent Energy, a leading global solar and energy storage project developer, seeks a Project & Structured Finance Manager EMEA in Madrid. You will build robust financial models, run scenario analyses, and structure tailored financing for renewable projects across the EMEA region.

The role requires 5+ years of experience, an economics/engineering background, and fluency in English; Spanish is highly valuable. Travel to project sites and international collaboration are expected.

Qualifications

• Expert financial modelling skills with macro design in Visual Basic.
• International experience and ability to communicate clearly in English and Spanish preferred.
• Degree in Economics, Administration, mathematics, physics, or Engineering; MBA is a plus.

Responsibilities

• Build and manage financial models forecasting metrics for projects and portfolios.
• Conduct scenario and risk analyses to support investment decisions.
• Structure and negotiate finance transactions with lenders and investors.
• Ensure timely financial close and compliance with covenants and reporting requirements.
• Lead due diligence and risk assessment for renewable energy projects.

Skills

Financial modelling

Scenario analysis

Lenders negotiation

Team leadership

Education

Economics/Administration/Mathematics/Engineering degree

MBA (plus)

Tools

Visual Basic macros

Excel advanced

Job description

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 screeninvestment 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