The Chief Financial Officer (CFO) is responsible for the leadership of the Board’s financial and accounting strategy, to optimise the company’s financial performance and strategic position.
The CFO will have overall control and responsibility for all financial and commercial aspects of the business. The CFO analyses financial and commercial scenarios and makes recommendations to the CEO and the Board.
The CFO will manage and lead the Finance and Commercial Team through key periods including month-end, year-end, annual budgeting, and asset annual operation.
- Form a close working relationship with the CEO/COO, other Senior Executives and Non-Executives.
- Lead the preparation of a monthly management reporting package and present it to the Board.
- Contribute fully to the development of company strategy across all areas of the business, challenging assumptions, and decision-making as appropriate and providing financial analysis and guidance on all activities, plans, targets and business drivers.
- Lead the structuring of financing and negotiation of term sheets/loan agreements with project finance providers.
- Establish a high level of credibility and manage strong working relationships with external parties including customers and advisors.
- Lead and monitor commercial negotiations around structuring and implementation on new and existing opportunities, including but not limited to PPA/Offtake agreements.
- Oversee the trading performance of existing assets and maintain relationship with third party trading experts and market forecasters.
- Support the Business Unit Directors in the development of their business units, including development of the operations business unit, the existing gas assets and the trading teams.
- Assist in the execution of transactions (acquisitions, mergers, JVs etc).
• Lead the execution of divestment processes.• Assist in the production of presentation/reporting materials, investment committee memos and board papers.
Accounting/Compliance/Tax/Process Controls
- Take overall control of the company’s accounting function.
- Ensure that company financial systems are robust, compliant and support current
activities and future growth.
- Take ultimate responsibility for the company cash management policies.
- Lead the audit process and present annual accounts to investors.
- Ensure that the regulatory requirements of all statutory bodies are met.
- Corporate finance: manage company policies regarding capital requirements, debt,
taxation, equity, disposals and acquisitions, as appropriate.
- Oversee compliance of loan and RTM agreements.
Budgeting and Planning/Project Due Diligence and Valuation
- Ensure corporate budgeting processes are carried out and reviewed.
- Ensure that Project Finance financial models are built and run to assist decision making and negotiations involving third party financing of projects as well as general commercial
matters.
- Contribute to and assist in the formulation and deployment of the corporate strategy and business plan.
- Supports the Investment Officer in the preparation of project valuation and commercial DD efforts including for acquisitions and/or Project Financings.
Management of Finance Function
- Develop, lead and manage finance and commercial team members. Direct reports include Group Financial Controller (who has a team of 2) and the Investment Officer (who has a
team of 2).
- The Commercial Team is based in Edinburgh and is made up of 3 Traders, Settlements Manager, Senior Analyst and Junior Analyst. Management of Legal Function
- Support the Group Legal Counsel and ensure priority is given to appropriate projects.
Chairs the IT Committee
- Establishes an agenda that ensures proper management, control and development of IT policies and strategies, working with Business Unit managers to ensure compliance across the group
