Asset Analyst

We are looking for an Asset Analyst to work in Bucharest - Renewable Energy projects - with the main scope to support the Senior Finance Manager in the role as Asset Manager, by executing and monitoring all commercial and administrative tasks, commitments, also supporting different Business Units throughout the projects' phases of construction and operations.

Responsibilities:

Contractual and Statutory Compliance of Project Companies:

• Compliance with, monitoring of and updates to Regulations applicable to Project companies.

• Procuring compliance under the terms of Project and Financing or constitutional Documents.

• Interpret, review and manage execution plus compliance of contracts.

• Obtain and support continuing compliance with all consents, licenses and permits as well as applicable Laws and Regulations.

• Maintain all statutory registers and do all statutory filings.

• Ensure compliance with the insurance policies, the timely renewal and certification.

• Support the compliance and further improvement work related to the applicable health, safety and environment (HSSE) requirements as well as social and development obligations.

• On instruction from the Asset Manager, liaise with technical, legal and regulatory, financial, accounting and tax, environmental and social, or insurance advisers.

• Prepare, receive & submit notices as required for all Company contracts.

• Maintain a correct and complete archive repository and scheduling system.

Financial Management:

• Maintain working relationship with external service providers (accounting, auditors etc.).

• Update & improve the Financial Models and cash flow tools monthly.

• Conduct financial analysis on profitability, cash flow and financial model results (budget to actual, trend etc.).

• Support Asset Manager to cooperate with the Finance team to enable the finance team to prepare all finance documents including financial statements, group reporting, tax returns, etc.

• Prepare invoices, monitor collection of revenues & submit to customer.

• Receive and approve incoming invoices.

• Identify and propose operating cost reduction initiative.

• Liaise with the account bank(s) and execute bank transactions.

• Prepare annual budgets for Project Companies.

Corporate Governance, & Reporting:

• Prepare the following reporting for shareholders, lenders and management.

o Board packs;

o Operating reports;

o Compliance certificates;

o Lenders' reporting packs; and

o Management accounts.

• Preparing information, minutes & resolutions for the Board meetings or the General Assemblies of local companies.

• Monitor key regulations and laws applicable to the companies and renewable industry.

• Monitor & report on compliance with key covenants under contracts.

Operational Oversight of Project Companies:

• Monitor the plant's electricity production, downtime and performance, in cooperation with the O&M Contractor prepare production root cause analysis.

• Analyze the variation proposals received from the O&M or EPC Contractors.

• Review or prepare cost estimates related to corrective maintenance, spare parts and warranties.

Requirements:

• Degree in law, Accounting, Finance, Economics, Business Administration preferably at Masters level.
• At least 3-5 years of working experience within the areas of contract management, project-related asset management or project finance-related banking or advisory, corporate finance or controlling.

Experience (desired):

• Renewable energy industry & Power market exposure.

• Experience with Project Finance & Contract Management is an advantage.

• Experience with legal contract interpretation, review and administration.

• Experience in budgeting and cashflow management

• Regulatory knowledge of Energy Markets

• Language: fluent both written and spoken in English and Romanian language