Finance Controller

Finance Controller (Corporate & Reporting)

Velto Renewables is a renewable energy independent power producer with a long-term asset ownership strategy. Established in 2020 and backed by the global investment group La Caisse, Velto Renewables is committed to contributing to the decarbonization of the global economy and the European energy transition by investing in and developing an international and multi-technology portfolio of renewable energy projects. Velto currently owns more than 280 MW of operating and under construction solar PV and wind projects in Spain and France, manages a 25% investment in a 630 MW offshore wind farm in the United Kingdom, develops 1+GW of greenfield projects in Iberia, and is seeking to grow its portfolio by becoming a local player in the countries and regions where it invests.

The 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 analysis and support day-to-day financial activities, budgeting, investment analysis, as well as special projects such as project financing, tax res-structuring, financial and tax due diligence, M&A transactions, etc.

Responsibilities

• Monthly closing review and analysis;
• Accounting : monitor daily bookings, support audit, need to 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 : will prepare batches and oversee Treasury;
• Cash Flow forecasting and analysis;
• Support managing credit agreements and its covenants;
• Debt service follow up. Prepare a quarterly / biannually update on debt schedule repayment including the 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, etc. M&A activities in due diligence processes;
• Support special projects such as tax re-structuring, purchase price allocation, tender process etc;
• Support the Asset Management team in the integration of new assets;
• Invoicing : Prepare and keep the group's invoicing up to date;

Competencies

Education and experience