Business_Asset Analyst

Want to join a frontrunner in renewable energy that is actively seeking early entry into new markets globally? Since its establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Driven by our company values and competent global workforce, we aim to deliver competitive and sustainable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present on four continents and are headquartered in Oslo, Norway.

Main purpose of position

Currently we are looking for a Business/Asset Analyst, in Bucharest Romania to be part of our global team working together towards our vision – Improving our future. As our Business/Asset Analyst, you will Support the Senior Finance Manager in their role as Asset Manager comprehensively by executing and monitoring all commercial and administrative tasks, commitments, responsibilities and undertakings belonging to each Project Company

Main responsibilities 

• Compliance under the terms of Project and Financing or constitutional Documents.
• Maintain all statutory registers and do all statutory filing
• Maintain working relationship with external service providers (accounting, auditors etc.).
• Update & improve the Financial Models and cash flow tools monthly.
• Conduct financial analysis on profitability, cash flow and financial model results (budget to actual, trend etc.).
• Support Asset Manager to cooperate with the Finance team to enable the finance team to prepare all finance documents including financial statements, group reporting, tax returns, etc.
• Prepare invoices, monitor collection of revenues & submit to customers.
• Receive and approve incoming invoices.
• Identify and propose operating cost reduction initiative.
• Liaise with the account bank(s) and execute bank transactions.
• Prepare annual budgets for Project Companies.
• Prepare the following reporting for shareholders, lenders and management: Board packs; Operating reports; Compliance certificates; Lenders’ reporting packs; and Management accounts.
• Monitor & report on compliance with key covenants under contracts.
• Monitor the plant’s electricity production, downtime and performance, in cooperation with the O&M Contractor prepare production root cause analysis.
• Analyse the variation proposals received from the O&M or EPC Contractors.
• Review or prepare cost estimates related to corrective maintenance, spare parts and warranties.
• Support the local and global project organization beyond the local Finance & Asset Management Team in Asset Management process development

Qualifications and competencies 

• Commercially minded, organized, process focused and good with administration.
• Self-driven & hard worker.
• Curious and adaptable to fast-changing circumstance.
• Team-player and able to work under pressure.
• High social and intercultural competence, able to build relationships, coordinate and communicate with external parties.
• Degree in Law, Accounting, Finance, Economics, Business Administration preferably at Master’s level.
• At least 3-5 years of working experience within the areas of contract management, project-related asset management or project finance-related banking or advisory, corporate finance or controlling
• Renewable energy industry & Power market exposure.
• Experience with Project Finance & Contract Management is an advantage.
• Experience with legal contract interpretation, review and administration.
• Experience in budgeting and cashflow management
• Regulatory knowledge of Energy Markets
• Fluent both written and spoken in English and Romanian language

Personal characteristics

It is part of every employee’s term of reference to contribute to Scatec's vision: Improving our Future and adhering to our company values which are:

Predictable: demonstrate clear communication and listening skills, share information in an open and honest way

Driving results: demonstrate determination, pro-activeness, can prioritize and work independently

Changemaker: demonstrate entrepreneurship, can challenge, fast learner, take initiates and adjust

Working together: demonstrate teamwork, shares responsibilities, can compromise, has a can-do attitude

We offer

Scatec is an exciting, innovative, and ambitious company operating in a growing industry. We offer a challenging and interesting position where you will be part of a flexible, diverse and truly international working environment consisting of highly competent and committed colleagues with a positive drive to make a difference. 

Scatec is an equal opportunity employer and values diversity. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other basis protected by appropriate law. All hiring decisions are made based on merit, competence, and business needs.

Applications will be processed on a continuous basis.