SK- Finance Director

Mainstream Renewable Power is a leading pure-play renewable energy company, with wind and solar assets across global markets, including in Latin America, Africa, and Asia-Pacific. Our mission is to accelerate the global transition to renewable energy by delivering clean, affordable and reliable energy at scale. We are one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation with a global portfolio of 27 GW.  In May 2021, Aker Horizons acquired a majority stake in Mainstream, and in April 2022, Mitsui & Co., Ltd. joined Aker Horizons as a long-term strategic investor. We currently employ over 600 people across 5 continents, and we are always looking for ambitious, driven, and talented people to join us on our mission to drive forward the energy transition.

Summary of Role :

Mainstream Renewable Power is looking to recruit a Finance Director to join the team in South Korea, The role based in Ulsan/Busan or Seoul with frequent travel to project site office. Principle responsibility for all financial aspects of the project including accounting, tax and financial management and reporting.

What you will do?

• Project financing (non-recourse) and hedging (both FX and Interest rates)
• Project financial controls
• Budget tracking
• Financial reporting to the Board
• Participating in project Board meetings (as and when required)
• Responsible for the project insurances, cost control and accounting
• Final responsible for managing the financial model
• Managing the financial modelling input required for auction, tenders and Offtake negotiations
• Shaping of the financing structure of the project
• Negotiations with the financial institutions
• Managing the financing team
• Managing the due diligence of the financial institutions
• Supporting in contract negotiations
• Giving financial advice to the contracts managers and package managers during contract  negotiations with suppliers.
• Counterpart risk analysis
• Preparation and implementation of financial and tax policies and procedures
• Monthly management accounts
• Preparing project budget
• Financial model (Business model and project valuation)
• Business plan
• Budget tracking
• Set and implement  project controls
• Financial close
• Overview of assumptions/inputs used for valuation {incl. assumption owners and date)
• Contracting:
  • Credit risk assessment
  • Assessment key commercial terms

What we require?

• Qualified Chartered Accountant or similar qualification
• Minimum 10+ years finance experience at senior management level or as part of a leadership team
• Experience in successfully raising and closing financing for energy projects, preferably Offshore Wind
• Experience in closing project financing with DFI would be considered as a plus, in particular in emerging markets
• Collaborative, committed and accountable for delivery
• Calm under pressure, with good judgment, and anticipation of requirements under your areas of responsibility.
• Ability to think independently and pro-actively seek clarification when required
• Ability to work well in a diverse team with a fast-paced work environment, handling multiple priorities.
• Deadline-driven, dedicated to efficient productivity
• Excellent communicator in written and verbal form
• Highly organized with detail orientation and ability to multi-task.
• Proven ability in building and maintaining strong working relationships.
• Fluency in written and verbal English

Why you really should click that button

We offer you the opportunity to work in a dynamic and entrepreneurial organisation, to be part of a diverse workplace with regards to gender, age and cultural background in the most exciting industry in the world today. You will receive a very competitive total benefits package including an excellent base salary, bonus scheme and share options.

Career development

• Training opportunities
• Secondment and relocation opportunities
• Career progression (16% promotions across the Group in 2021)

Shared financial success

• A competitive, industry benchmarked and cost-of-living linked salary, reviewed annually
• Annual bonus
• Share options

Work/life balance

• WFH in a hybrid working arrangement
• Allowance for WFH set-up

True diversity & inclusion

• Equal opportunity targets
• GWEC Women in Wind and Mainstream Women in Renewables programmes
• You can be you, whatever your gender, colour or sexual orientation

Care for health & wellbeing

• Generous health insurance coverage and allowance where applicable

These are just some of the reasons why we are officially certified as a Great Place to Work.