Senior Commercial Finance Manager

ITM Power PLC; Sheffield; On-site; GBP 70,000 - 100,000; Full time

Job summary

Hydropulse, a wholly owned subsidiary of ITM Power Plc, is seeking a Senior Commercial Finance Manager based in Sheffield to partner with the business, delivering financial insight and robust modelling for UK and EU projects.

You will lead tender finance, build practical models, manage cash flow and revenue recognition, and collaborate with Sales, Product and Project teams to drive value in a fast-growing decarbonisation tech company.

Qualifications

• Masters degree and 5–10 years of experience in a financial environment (commercial, controlling, accounting).
• Knowledge of UK GAAP and German GAAP and relevant international accounting standards.
• CFA qualification or equivalent professional qualification.

Responsibilities

• Provide commercial insight and financial modelling to support decisions on opportunities.
• Lead on financial matters for tenders and commercial proposals.
• Develop and own robust financial models including financing, risk, pricing and margins.
• Support cash management and working capital.
• Collaborate with Sales, Product Management and Project Management on robust cost estimates for projects.
• Ensure accurate revenue recognition and tracking.

Skills

Financial modelling

Commercial acumen

CFA qualification

English fluency

German language skills preferable

Education

Master's degree

Job description

Senior Commercial Finance Manager

Location: Sheffield

Hydropulse, a wholly owned subsidiary of ITM Power Plc will build, own and operate decentralised green hydrogen production plants using ITM's modular NEPTUNE technology.

We are looking for a Senior Commercial Finance Manager who will operate as a key business partner, providing financial insight and commercial modelling to support strategic decision making.

The role is hands‑on and forward thinking and will support the company in both the UK and the EU.

Your responsibilities

• Provide commercial insight and financial modelling, pricing and margin to support decision making on commercial opportunities
• Lead on financial matters for tenders and commercial proposals
• Develop and own robust financial business models including financing, risk, pricing and margins
• Support cash management and working capital
• Support and challenge the Sales & Business Development, Product Management and Project Management teams in the compilation of high quality, robust cost estimation for projects for review and approval by executive leadership
• Work with the finance team to ensure accurate and concise revenue recognition. Once this has been approved, ensure that these revenue recognition criteria are followed and tracked
• Manage and ensure effective cash collection processes for commercial projects, ensuring achieved milestones are invoiced in a prompt manner and working with project managers to ensure these are issued in an appropriate way to customers
• Lead the preparation and commercial projects budgets, forecasts, and long-term financial plans, this is to include forecast project completion dates and cash flows
• Ensure compliance with internal controls, financial policies and relevant accounting standards in commercial finance processes
• Translate complex financial analysis into clear executive level insights and recommendations
• Monitor post-delivery product performance against plan, identifying variances, risks and corrective actions
• Stay up to date on industry trends, regulatory changes and best practices in commercial finance and investment management to ensure compliance and to continuously improve commercial frameworks, tools and reporting to support faster, better decision-making

Your profile

• Masters degree in a related field
• Proven experience, 5-10 years gained in a financial environment (commercial, controlling, accounting).
• Knowledge of UK and German GAAP and relevant international accounting standards
• Technical understanding and strong commercial acumen
• Ability to work collaboratively and to achieve solutions to challenging problems
• Can adapt and flex approach to a fast changing and growth environment
• Chartered Financial Analyst (CFA) qualification
• Business fluent in spoken and written English
• German language skills preferable
• Motivated and driven self-starter, with strong sense of responsibility and accountability
• Ability to work both independently and as part of a team in a dynamic environment

What we offer you

• Work in a professional, agile environment with a high degree of personal responsibility
• A key role in a rapidly growing company with a scalable business model
• Part of a dynamic, highly motivated and experienced team
• Meaningful work with the opportunity to make a real difference