Senior Commercial Financial Analyst
Position Description
Applications are invited for the position of Senior Commercial Financial Analyst within the Asset Development Financial Analysis team. The Asset Development Financial Analysis team supports the delivery of the ESB Net Zero by 2040 Strategy through financial analysis and detailed financial modelling for Asset Development’s strategic investments. Asset Development is responsible for delivering a targeted renewable generation capacity of 5,000MW for ESB by 2030, and a Net Zero electricity generation portfolio by 2040.
Asset Development Commercial Financial Modelling Analysts specialise in financial modelling and business case development across a range of technologies, including onshore and offshore wind, solar, Hydrogen, battery storage, renewable enabling technology and associated renewable and flexible generation projects to support the transition to Net Zero, and of energy security in our communities.
The successful candidate will have an opportunity to work on and influence decision-making over a wide range of the generation technologies in which Asset Development is investing. The financial modelling team develop deep specialist understanding of different energy generation technologies and is the owner of financial models which increase in sophistication based on projects’ development status, from early concept to construction stage.
Reporting to one of the Asset Development Financial Analysis Managers, the positions involve investment strategy analysis, financial modelling of specific projects and providing ongoing support on various financial issues in a fast moving environment.
Key Responsibilities
The Senior Commercial Financial Analyst will have the following responsibilities:
- Manage the financial models for capital investment projects including update and maintenance of the financial models as these projects move through key milestones. Prepare scenarios and sensitivity analysis in conjunction with the project team. Communicate the results of this analysis and provide insights to support decision making at project and senior management level.
- Support the development and maintenance of a robust standardised financial modelling process for the assessment of new business opportunities and the analysis of performance of existing assets.
- Review and challenge of investment proposals for new and existing projects or business initiatives to ensure a sound commercial basis for undertaking such opportunities.
- Working with project teams to develop and optimise business case models to participate in energy/renewable market auctions.
- Assist business managers in forecasting, validation and update of business financial plans.
- Performing analysis of share purchase agreements and other transactional documents as required.
- Performance of financial due diligence on potential acquisitions or review of externally performed due diligence as appropriate.
- Identification of relevant tax, accounting and risk management issues, and working with specialists within those areas to support robust financial modelling.
- Monitoring technical / financial developments and advising on their impact on financial forecasts or investments for Asset Development.
Experience and Qualifications
Essential
A recognised professional accounting qualification, or other relevant financial qualification, followed by three years of post-qualification experience is an essential requirement for this role. Strong Excel skills and experience in financial modelling is also essential for this role. An ability to demonstrate the following skills is also required:
- Strong analysis and financial modelling skills.
- Good business writing, communications, interpersonal and presentation skills.
- A commercial mind set with strong analytical and interpersonal skills.
- Strong stakeholder management skills with internal and external stakeholders, including senior and business line managers.
- Ability to leverage relationships to influence solutions.
- Demonstrated experience in managing a demanding workload, including appropriate prioritisation of short term and long-term deliverables.
Desirable
- An understanding of Irish and UK energy markets would be beneficial
Location
This position will be based in ESB’s Head Office, 27 Fitzwilliam St Lower, Dublin 2.
ESB is committed to smart working – combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least two anchor days per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual.
Reporting To
Asset Development Financial Analysis Manager.
Why Work with Us?
- Opportunity to lead Ireland’s transition to net zero carbon future
- Progressive, hybrid working model
- Career development through mentoring and training
- Corporate Social Responsibility Opportunities
- Sports and Social Clubs
- Networking opportunities
- Credit Union
- Generous Pension
- Access to staff well-being programmes
- Generous parental leave entitlements
- Strong values-based and inclusive culture
- Strong commitment to diversity, equity and inclusion
- Great team environment working to our Core Values: Courageous, Caring, Driven and Trusted
Salary
€69,500 - €81,500 depending on experoience
Closing Date
3rd January 2025.
Note: Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence, recruitment@esb.ie
If you have any queries in relation to this job, please contact recruitment@esb.ie
Your application will be held in reserve for 6 months should you be suitable for the role.