Finance Controller (Corporate & Reporting)

Overview

Finance Controller (Corporate & Reporting)

Velto and its subsidiaries currently hold a portfolio of operating solar PV and wind assets of c. 300+ MW located in Spain and France and manages La Caisse’s 25% investment in the operation offshore wind farm London Array (630 MW) located in the UK. It is developing a portfolio of 1 GW solar PV projects in Iberia. Velto expects to grow its investment and management portfolio to other technologies and geographies in the forthcoming months.

The Financial Controller (FC) will manage and execute relevant financial tasks for Velto and will be part of the strategic business support to further develop Velto as a financially sound organization. The FC will conduct controlling tasks and will support day-to-day financial needs such as budgeting, reporting, and enabling corporate processes. The role will also provide support to special projects such as project financing, tax restructuring, and financial and tax due diligences in strategic transactions, among others.

Responsibilities

• Monthly closing review and analysis;
• Accounting : monitor daily bookings, support audit, understand consolidation rules;
• Internal financial and operating control : willingness to standardize procedures (implementation of ERP and other tools to optimize controlling standards);
• Reporting : prepare and provide monthly, quarterly and year-end financials in an accurate and timely manner;
• Tax : ability to discuss and deal with tax requirements;
• Budgeting preparation, monthly reconciliation and deviation analysis;
• Prepare SHL, UPL, distributions, and other intercompany financing instruments;
• Cash Management : prepare batches and oversee Treasury;
• Cash Flow forecasting and analysis;
• Support managing credit agreements and covenants;
• Debt service follow-up. Prepare a quarterly / biannual update on debt schedule repayment including interest calculation;
• Monitor and support the financial, accounting and commercial activities of the external asset management team;
• Support the development of financial and administration organizational policies;
• Support the financial, tax, modelling advisors in M&A due diligence processes;
• Support special projects such as tax restructuring or purchase price allocation as part of the integration of acquired assets;
• Support the Asset Management team in the integration of new assets;
• Invoicing : prepare and keep the group’s invoicing up to date;
• Excellent command of accounting and controlling;
• Experience in renewable energy assets;
• Solid knowledge of accounting principles;
• Autonomous and pro-active : develop own workstreams and work across many different functions;
• Strong aptitude to learn complex concepts (tax rules, energy policy, financial structures, corporate structures, etc.);
• Good understanding of commercial and financial concepts ruling asset management for renewables assets; desirable experience with regulated assets;
• Good data management skills : proficient at extracting and analysing large amounts of data and presenting information clearly;
• Ability to develop and implement report templates, analytical tools, and other financial models;
• Ability to read and work with Financial Models;
• Good team player with excellent communication skills, both verbal and written;
• Interest and willingness to work in a flexible environment;
• High proficiency with MS Office, particularly Excel.

Education and experience

Seniority level

Employment type

Job function

Industries

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