Reporting to the CFO, the Project Finance Manager will be responsible for structuring, negotiating and completing financing arrangements for the purposes of funding the Group’s long term capital intensive investments in the power, upstream oil & gas and LNG sectors. Rather than using simply the balance sheet of the Group the successful candidate must have the ability to put in place complex financial solutions that use project debt and equity in order to finance substantial projects.

The ideal candidate will be a university graduate with a recognised professional accounting or law qualification. A postgraduate qualification in a financial or financial engineering subject will be a plus, as will an MBA with project finance or financing electives. He/she will have a minimum of 10 years work experience, at least 5 of which should have been in a capital intensive project financing role or, at the very least, in project financing in the capacity of a sponsor (provider of equity) or a syndicate member (provider of non-recourse loans).

The ideal candidate must be able to perform the following key responsibilities to a high level:

1. Financial modelling - Must be able to prepare complete and accurate project cash flow forecasts and determine precise financing requirements.
2. Structuring - Must be able to properly determine the optimum mix of debt & equity in order to achieve required return on investment whilst managing risk to acceptable levels.
3. Negotiating - Must be able to proactively negotiate in an effective way in order to secure all required types of financing from the appropriate providers of debt, equity and other hybrid instruments so as to optimise the overall cost of capital for a project.
4. Legal issues - Must be aware of the key legal issues inherent in the structuring of projects and their costs including, but not limited to, such issues as the setting up of special purpose entities, liens over assets, allocation of risk, limited recourse financing & surety in cases of riskier/more expensive projects, securitisation, options, insurance provisions and collateral enhancement.
5. Commercial awareness - Must be aware of the opportunities to take advantage of profitable financing opportunities and be able to secure the most competitive rates on sources of finance given prevailing market conditions. Must also be aware of inherent risks and be entrepreneurial so as to ensure projects deliver forecast returns to the Group.