Manager, Project Finance & Business Development (Based in Jakarta Selatan)

Sembcorp Industries Ltd; Jakarta Selatan; On-site; IDR 900,000,000 - 1,300,000,000; Full time

Job summary

Sembcorp is seeking a Manager, Project Finance & Business Development based in Jakarta Selatan to lead complex financial modelling for growth projects and coordinate cross-functional inputs. The role focuses on project financing strategies, lender engagement and financial close across renewable energy initiatives.

You will also drive business development, assess opportunities, structure bankable deals, and support project execution from development through COD, collaborating with commercial,

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Economics, or Engineering.
• 8–10 years of experience in financial modelling, project finance, or business development.
• Strong understanding of the Indonesian power and electricity market.
• English and Bahasa Indonesia proficiency, with solid stakeholder management skills.

Responsibilities

• Lead and maintain integrated financial models for growth projects.
• Develop project financing strategies and structures.
• Coordinate inputs from multiple teams to ensure robust project models.
• Support financing due diligence and documentation through financial close.
• Provide analysis during development, execution and post-COD operations.
• Identify growth opportunities and manage business development activities.

Skills

Financial modelling

Project finance

Investment analysis

Business development

Stakeholder management

Excel proficiency

English proficiency

Bahasa Indonesia

Education

Bachelor's degree

Postgraduate qualification advantageous

Tools

Microsoft Excel

Job description

Manager, Project Finance & Business Development (Based in Jakarta Selatan)

About Sembcorp
Sembcorp is a leading energyand urban solutions provider headquartered in Singapore. Led by its purpose to drive energy transition, Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record.

Play a role in advancing Asia’s energy transition! As a leading renewable energy player, Sembcorp is driving sustainable change, with a growing portfolio of renewables and energy storage solutions across Southeast Asia, China, India, the UK, and the Middle East. Our Renewable Energy segment leverages strong execution and development capabilities to power a cleaner future.

Key Roles and Responsibilities

Financial Modelling and Project Analysis:

Lead the development, maintenance and review of integrated financial models for growth projects, including assumptions, financing structures, sensitivities, returns and key value drivers.

Prepare project analyses, scenario assessments and investment evaluations to support opportunity screening, bids, approvals, negotiations and management decisions.

Coordinate inputs from commercial, technical, tax, accounting, legal and operational teams to ensure robust and decision-ready project models.

Provide financial modelling and analytical support throughout development, project execution and the operating period after COD.

Project Financing and Financial Close:

Develop and evaluate project financing strategies and structures for growth projects, including debt capacity, funding requirements and financing terms.

Support engagement with lenders, financial institutions, advisors, partners and internal stakeholders through financing due diligence, credit review, documentation and approvals.

Coordinate financial, commercial and technical information required for financing processes and respond to lender and advisor enquiries.

Support negotiation and execution of financing documentation, satisfaction of conditions precedent and achievement of financial close.

Continue to support financing-related analysis and obligations during project execution and, where required, after COD during the operating period.

Project Execution and Post-COD Support:

Support project teams during execution by updating financial models, monitoring project economics and assessing the financial impact of schedule, cost, scope and contractual changes.

Provide project analysis and financing support through construction, commissioning, COD and the subsequent operating period, as required.

Work with project delivery, engineering, procurement, legal, finance and operations teams to resolve commercial and financing matters affecting project value or compliance.

Support project governance, reporting, lender requirements and decision-making throughout execution and transition into operations.

Business Development for Growth Projects:

Identify, screen and assess renewable energy growth opportunities, strategic partnerships and market entry opportunities aligned with the business strategy.

Lead or support commercial and financial workstreams from opportunity assessment and pre-feasibility through bid submission, deal structuring, negotiation, investment approval and financial close.

Evaluate market demand, regulatory developments, competitive dynamics, offtaker requirements and commercial feasibility for growth projects.

Develop bankable commercial and financing structures with regional business development, finance, engineering, legal and project delivery teams.

Existing Asset and Stakeholder Support:

Provide financial modelling, forecasting and project analysis for existing assets when required, including assessment of performance, risks and value-enhancement opportunities.

Support asset management activities for operating assets on an as-needed basis, working with operations, finance, legal, engineering and commercial teams.

Participate in project execution activities as required and support the effective transition of projects from development and construction into operations.

Prepare clear reporting for senior management and ensure compliance with applicable laws, internal policies, delegated authorities, financing obligations and safety requirements.

Qualifications, Skills & Experience

Bachelor's degree in Business, Finance, Accounting, Economics, Engineering or a related discipline; a postgraduate qualification is an advantage.

Minimum 8-10 years of relevant experience in financial modelling, project finance, investment analysis and business development within the power, utilities, infrastructure or renewable energy sector.

Strong understanding of the Indonesian power and electricity market, including renewable energy project economics, regulatory considerations and key risk and value drivers.

Practical experience supporting project financing processes, including lender due diligence, financing documentation, conditions precedent and financial close; exposure to Power Purchase Agreements and project contracts is advantageous.

Advanced financial modelling, investment appraisal and financial statement analysis capabilities, with advanced proficiency in Microsoft Excel.

Experience supporting projects across development, financing, execution, commissioning and post-COD operations, with the ability to update analyses as project conditions evolve.

Demonstrated ability to work across business development, technical, financial, legal, project delivery, operational and asset management disciplines.

Professional proficiency in English and Bahasa Indonesia, with strong written, presentation and stakeholder management skills.

Commercially focused, analytical and results-oriented, with sound judgement, attention to detail and the ability to manage multiple priorities with limited supervision.

Knowledge of basic workplace safety principles, hazards and procedures, with a commitment to maintaining high safety standards.

Our Culture at Sembcorp

At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition.

We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition.

Join us in making a real impact!