Mercado Financeiro – Project Finance Manager – Scatec ASA – São Paulo

Want to join a front runner in renewable energy that is actively seeking early entry into new markets globally? Since the 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 Project Finance Manager in São Paulo, Brasil to be part of our global team working together towards our vision – Improving our future. As our Project Finance Manager, you will be responsible for financial evaluation, financial analysis, risk assessment and running the financing (and sometimes equity) process of new projects during all phases of project development i.e. from inception to financial close. Therewith you help build the regional pipeline and backlog. Moreover, you are there to support our under-construction and our operating assets with lender negotiations and refinancing s.

Main Responsibilities

• Financial modelling: Prepare comprehensive financial models, Delivery of cash flow analysis, Analyse project scenarios, Input evaluation and optimisation, optimise business case, maximise value creation, Evaluation of project risks (incl. merchant), Analyse project returns.
• Structuring: Prepare Project Finance input to presentations during all project phases, prepare relevant due diligence documentation, Support tax structuring, off-take structuring and contract structuring efforts, Support business development team with financial analyses as required during commercial negotiations, Support business development team with setting up partnership structures
• Interaction with lenders, insurance advisers, tax advisers and financial advisers: Negotiate with lenders to obtain optimal financing terms, Collect, and prepare required project information to be shared with lenders, apply external advisor input appropriately, Coordinate advisor workstreams and manage interactions, Engage with and coordinate with equity partners.
• Research: Evaluate new technology financial feasibility (including BESS – battery energy storage systems), Investigate tax legislation, investigate legal aspects, investigate novel funding opportunities, contribute to building regional (country) expertise wrt financing market, macroeconomics, lender relations
• Internal project team coordination / interaction: Obtain project inputs from all stakeholders and ensure appropriate capturing in financial models, define results in project risk / return, financial counterpart of Business Development and Asset Ownership, liaise with project team members / departments across organisation and geographies, Coordinate with Project Finance & Investments team on general PF policies and guidelines, Support senior management decision making
• In conjunction with Energy Portfolio Management team (EPM): focus on translating revenue risk in financial models and metrics for investment decisions. This includes evaluating price risk and off-taker credit risk. Apply experience and knowledge in the region and adhere to relating guidelines and policies.

Qualifications And Competencies

• Bachelor/master’s degree in finance, Economics, Mathematics, or similar University level education
• 5+ years background in Project Finance / Structured Finance
• 5+ years’ experience in complex financial modelling using MS Excel
• Language: fluent both written and spoken in English and Portuguese.

Will be a differential (Ideal):

• Demonstrated involvement in (closing) Project Financed projects (Investment)
• Renewable energy experience
• Experienced in working international context, working in/with different (business) cultures.

Personal characteristics

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

• Predictable: demonstrate clear communication and listening skills, shares 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.

For the particular role we also expect

• Active work permit for Brazil

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, color, 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 need.

Applications will be processed on a continuous basis.