Finance Manager/Director, UK

Do you aspire to be part of a green transition in an international growing company?

European Energy is a green energy company experiencing exponential growth. We develop, construct, and operate wind and solar PV projects globally and are at the forefront of the emerging green hydrogen/Power-to-X sectors. Our core values are the foundation of everything we do: In it together, Trust and Courage, Ambition, Excitement, Inclusion, and Agility.

Your New Team

You will be joining European Energy UK Limited, consisting of 20 colleagues working principally from our office in Glasgow. We are a committed and motivated team where knowledge sharing, trust, and open dialogues describe the very core of our collaboration. You will have various interfaces with the other teams in the business, have numerous opportunities to define your role, and grow as a professional.

Your New Role

Success and rapid growth have created an opportunity to join European Energy UK Limited as Finance Manager/Director (depending on experience) reporting directly to the Country Manager. You will be part of the leadership team in the UK, participating in management Boards, and taking on Director roles for various entities, including SPVs.

Working with internal and external resource, you will ensure compliance with regulatory and corporate requirements towards company regulation, tax, VAT, bookkeeping, payroll, filings, timeliness, etc. for all UK entities. You will lead and contribute to internal processes, including budget and cash flow forecasts, to prepare and monitor business plans, working with colleagues in the UK and at HQ in Denmark.

As projects approach construction ready status, you will support project managers to forecast and monitor capex and liaise with the M&A and Project Finance team to support project divestments and debt funding. You will Liaise with JV partners to ensure good financial governance & budget control, developing processes and procedures as required, and ensuring good document control to support future divestment.

As an integral part of the project team, you will lead all things financial, assisting project managers to monitor and control project budgets, evaluating financial models, reviewing/evaluating project and company financial information during acquisitions, developing processes, procedures and reporting as required.

You will lead relevant internal and external resources, and ensure a competent, adequately resourced, and motivated team within your area of responsibility

Areas of Responsibilities

• QHSE – Support and contribute to a strong culture of safety; prioritize quality, health, safety & environment; ensure our QHSE values flow through all aspects of project identification and development; adopt a mindset of continuous improvement & transparent reporting on all aspects of QSHE
• Ensure timely, complete, and accurate bookkeeping as per regulatory and corporate requirements in the Reporting & Accounting Manual as issued from time to time, including compulsory local statutory and regulatory filings and settlements
• Provide appropriate financial analysis and insight to leadership team on the financial performance of the organization and actively ensure optimisation of procedures
• Ensure timely and high quality annual, quarterly, monthly, and ad hoc analysis and reporting to corporate as defined in the Reporting & Accounting Manual or otherwise required by the Group
• Responsible for preparation and follow-up of budgets and regular forecasts
• Ensure appropriate intercompany charging in accordance with transfer pricing policies
• Manage relationship with TAX, VAT and payroll and local GAAP reporting in cooperation with external advisors assisting on TAX, VAT, local GAAP, etc.
• Continuous optimization of tasks and processes including participation in cross-organisational projects
• Support in acquisition and divestment due diligence processes
• Recruit, retain, and develop adequate talent including appropriate performance management of the team

Stakeholders

• Leadership in “country”
• External Auditor as appropriate
• Internal and external TAX, VAT, and local GAAP advisors and consultants
• Tax and other authorities in “country”
• Project Teams and Project Economy
• Asset management
• Group Controlling and Finance
• Internal Audit

Prerequisites to thrive in the position

• Degree in Auditing/Accounting/Finance
• 10+ years of practical experience within audit or Accounting and Finance
• 3+ years of leadership experience
• Substantial skills in TAX, VAT, and other statutory requirements in “country”
• Excellent knowledge of Local GAAP and preferrable IFRS
• Proficiency as user of Navision Dynamics Business Central or similar ERP system
• Superuser proficiency of Excel and consolidation tool, preferably HFM (Hyperion)
• Good analytical skills and sense for detail
• You are fluent in English, both verbally and in writing
• You can work remotely & independently and be self-motivated within a supportive & collaborative company

We Offer

• An entrepreneurial approach to our work. In daily life, it means it is not far from thought to action
• Trusted responsibilities with opportunities to grow, both personally and professionally
• An opportunity to work with friendly, supportive, and collaborative colleagues who are actively contributing to a profitable, growing, and successful global group
• Competitive package and benefits including
  • 30 days annual leave plus bank holidays
  • Cash back health plan for you and your family
  • Salary sacrifice pension and EV scheme
  
  

About European Energy UK Limited

European Energy UK Limited is on track to deliver substantial growth in the coming years and is currently delivering a pipeline of more than 800MW of solar, onshore wind, and energy storage projects across the UK. Our first solar project was constructed in 2023, with further projects located throughout the UK to be delivered into construction in 2024 and beyond.

• Emergent – is structured for the modern workplace, and the market and society it operates in.
• Independent and Autonomous – offers a working environment with high levels of trust and respect, a collaborative and consultative approach, and a sense of shared and individual responsibility.
• Well-resourced – backed by its parent company, European Energy A/S, which holds a total net equity of over €391m with an EBITDA of over €135m at the end of 2022. Investor Relations material can be found here. European Energy A/S provides various services to European Energy UK Limited from its specialist departments based in Copenhagen.
• Flexibility –This role will be attached to the office in Glasgow, with regular attendance expected, however the company operates a flexible working policy

About European Energy Group - The Power of Tomorrow, Today

European Energy is a Danish privately owned company founded in 2004 with headquarter in Copenhagen. We operate all the way from development, design, financing, construction, operation and selling of wind- and solar farms on land as well as off shore globally. As part of this, we are also very active in M&A activities across the full value chain. Further, we work with development of future energy solutions, e.g. Power-to-X. We have a solid collaboration with local stakeholders and want to involve all parts in the process.

We are now more than 780 employees with 41 nationalities represented in 23 countries, and we are growing rapidly in both Copenhagen and across our global offices. We all work for our common goal to be the most innovative partner within the green transition and to create The Power of Tomorrow, Today.

Our working environment is built on mutual respect for the varied strengths and talents of our employees, with a flat hierarchy and entrepreneurial thinking at its foundation. Our employees value our flexible working culture, permitting better reconciliation of work and personal life. We are a team, whether it is in the workplace, on our company trips or during our weekly company training sessions. At European Energy, you will not only gain great colleagues, but also new friends from every corner of the globe.

Location: Glasgow, UK

Reporting to: Mark Evans, VP UK & Ireland

Application: You do not need to upload a cover letter for this position, but you are welcome to add a short text in your CV on why this position is interesting. Please be aware that European Energy does not receive applications via mail. To be considered for a job, we kindly ask you to upload your CV directly via the "apply" button on the right.

Deadline: We evaluate applications continuously, and we will close the job posting when we have found the right candidate, so please send your application as soon as possible, but no later than 16 August, 2024.

For more information: Contact Talent Acquisition Partner, Camilla Astrup, [email protected]

We look forward to receiving your application!

Our working environment is built on mutual respect for the varied strengths and talents of our employees, with a flat hierarchy and entrepreneurial thinking at its foundation. Our employees value our flexible working culture, permitting better reconciliation of work and personal life. We are a team, whether it is in the workplace, on our company trips or during our weekly company training sessions. At European Energy, you will not only gain great colleagues, but also new friends from every corner of the globe.