Manager- Business Development (M&A)

TN Norway; Oslo; On-site; NOK 600,000 - 1,000,000; Full time

Job summary

Join a forward-thinking company as a Manager in Business Development, focusing on M&A in the renewable energy sector. This role offers a unique opportunity to drive growth activities in India across solar, wind, and hydro sectors, while contributing to a sustainable future. You will engage in evaluating investment opportunities, leading due diligence, and participating in strategic discussions with management. With a commitment to renewable energy and a culture of continuous learning, this role promises to be both challenging and rewarding, allowing you to make a real impact on the planet and your career.

Benefits

Unlimited learning opportunities

Flexible working culture

Global network of experts

Inspiring leadership programs

Qualifications

• Postgraduate degree and 2-8 years experience in M&A or investment banking.
• Strong analytical and communication skills are essential.

Responsibilities

• Lead M&A focused business development activities in renewable power.
• Evaluate investment opportunities and assist in due diligence processes.

Skills

Analytical Skills

Communication Skills

Business Development

M&A Transactions

Financial Modeling

Stakeholder Engagement

Result-oriented

Education

Postgraduate degree (MBA/CFA/CA)

Tools

MS Office

Job description

Social network you want to login/join with:

Manager- Business Development (M&A), Oslo

Client:

Statkraft

Location:

Oslo, Norway

Job Category:

Other

Job Reference:

6b6bb5eaf557

Job Views:

56

Posted:

23.01.2025

Expiry Date:

09.03.2025

Job Description:

Company Description

Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 5300 employees in 21 countries.

As part of the Norwegian state owned Statkraft Group, Statkraft has been in India since 2004 and was the first foreign investor in the Indian hydropower sector. The objective is to become a significant independent power producer in India over the next few years.

Our business enablers are the backbone to everything we do at Statkraft, providing seamless and value-adding work to the organisation and playing an important role in our mission towards a carbon-free future. Whatever your area, you’ll provide the dedicated services and strategic support that our global and rapidly growing organisation needs to make the future greener.

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That’s what we offer. 128 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there’s more work to be done – that’s why we need you to join us.

Job Description

As a Manager- Business Development you would be a part of the Business Development & M&A team involved in all growth activities in India with a focus on M&A transactions across solar, wind, hydro sectors as well as emerging areas like storage & green hydrogen.

Your main responsibilities:

M&A focused business development

• Carrying out business development activities in renewable power with a focus on M&A.
• Evaluate a variety of investment opportunities in the Indian renewable energy sector.
• Assist in building, reviewing and updating detailed financial models, considering industry and project-based assumptions, perform cash flow, profitability & valuation analysis including DCF.
• Lead & coordinate the due diligence process and review the diligence reports to ensure that the key diligence findings are addressed appropriately in risks/return.
• Assist in engaging advisors and carrying out third-party due diligence (finance/tax, market, technical, legal, accounting, land, regulatory, environmental, etc).
• Prepare investment notes & presentations for internal committees/senior management.

Strategy and business planning

• Participate in discussions with management teams, coordinate with internal groups and management to monitor all ongoing business development activities.
• Understand and track industry & market developments, new projects & business models, new technologies (including storage), competitive activity, strategy, regulatory & policy developments.
• Contribute to the company’s business strategy in India based on industry and market development.
• Ensure compliance with internal policies across the business development cycle.

Qualifications

We look for experienced personnel with the essential skills to future-proof our business and renewable energy solutions. That includes:

• Postgraduate degree such as MBA from leading Indian or global institution or CFA or CA.
• 2 to 8 years of professional experience in investment banking, M&A focused consulting, corporate M&A teams with a focus on the Indian renewable energy sector.
• Extensive working knowledge of MS Office applications.
• Experience operating and navigating in a multi-cultural and multi-country environment.
• Result-oriented professional with strong analytical skills, highly motivated, ability to work independently and contribute to a team.
• Ability to communicate with stakeholders (internal & external) independently on assumptions, approach, clarifications and expected output.
• Ability to influence subject matter experts across a wide range of issues relating to energy markets in general and specific projects.
• Strong oral & written communication skills with the ability to present results clearly.
• High integrity and commitment to enhancing the company’s overall success.
• Open to and comfortable with constantly evolving and changing priorities and new challenges.
• Willing to travel, flexible and dynamic.

Additional Information

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future.

This includes:

• Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leadership programs.
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds.
• The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet.”
• A work culture that puts emphasis on the individual, offering flexible working.

Expected start date: As soon as possible

Contacts: Nishtha Marwaha

Last date to submit applications: 23rd October 2023