Job description
The Finance Manager will focus on the projects in construction, managing the projects from Financial Close to COD. This role will be responsible for the monthly management reporting during construction and will ensure the projects are built on time and within budget. This role will manage the lender requirements under the relevant agreements as well as the reporting obligations under the Construction Management Agreements for the projects during construction.
Core Responsibilities
- Assist in bringing projects to Financial Close and ensure the systems and processes are in place for accurate construction reporting.
- Prepare accurate monthly management accounts - general ledger reconciliations through to reporting, including analytical review and commentary.
- Managing project bank accounts and funding requirements from the lenders and shareholders.
- Managing loan facilities in line with the agreements and reporting to relevant stakeholders.
- Cash flow forecasting and reporting, including revising the project budget. Monitor variances and provide analysis with actionable insights.
- Coordinate annual audit, preparation of Annual Financial Statements in line with IFRS, and other annual reporting, as required.
- Maintain internal controls and financial policies
- Responsible for ensuring statutory compliance, including Income Tax, VAT, CIPC, etc.
- Work closely with the Senior Contracts Manager and Programme Manager to ensure accurate reporting on projects.
- Understanding the accounting aspects of the agreements which are in place and what the respective reporting requirements are.
- Ensure accuracy and integrity of financial data and reporting.
- Collaband work with other team members to ensure that the finance function is well integrated in the various areas of the business.
Key Requirements
Education & Qualifications
- Bachelor's degree in Finance, Accounting, or related field
- Professional qualification (CA, CIMA, or equivalent) preferred
Experience
- 5+ years' experience in finance or accounting roles
- Proven experience in financial reporting, budgeting, and analysis
Skills & Competencies
- Strong analytical and problem-solving skills
- Excellent knowledge of accounting principles and financial regulations
- Advanced proficiency in Excel and financial systems (e.g., SAP, Oracle, or similar)
- Strong communication and stakeholder management skills
- High attention to detail and accuracy
Core Competencies
- Strategic thinking
- Integrity and accountability
- Business acumen
- Decision-making under pressure
About this role
About Mainstream Renewable Power
Company Overview
Mainstream Renewable Power
HeadquartersDublin, Ireland
Founded2008
SizeApproximately 400 employees globally (source: mainstreamrp.com). Revenue data for 2023 is not publicly available.
What They Do
Mainstream Renewable Power is a leading global developer of renewable energy projects, focusing on onshore wind, solar PV, offshore wind, and hybrid solutions. The company has a robust development pipeline of 12.3 GW in onshore wind, 7.1 GW in solar PV, and 4.5 GW in offshore wind, including innovative floating technologies. Their commitment to sustainability extends to green hydrogen initiatives aimed at hard-to-abate sectors, showcasing their versatility in the renewable energy landscape (source: mainstreamrp.com). Mainstream operates under a Global Development Standard that ensures bankability and reliability in their utility-scale assets, which are crucial for meeting the growing energy demands of various markets.
Projects & Track Record
Mainstream has an impressive track record of completed projects across multiple continents. Notable projects include Ireland's Raragh (12 MW onshore wind), Carrickeeny (sold to IKEA), and the operational Arklow Bank offshore wind farm, which was the first of its kind in Ireland. In South Africa, they have developed significant assets such as the Jeffreys Bay wind farm and the De Aar solar project, both operational since 2017. In Chile, they have made strides with the 33 MW Negrete Cuel wind farm and the 105 MW Valle Escondido solar project, contributing to a total of 1.4 GW in operating or under construction assets (source: mainstreamrp.com). Their ongoing projects include a substantial 23.9 GW net pipeline, with significant developments in onshore wind and offshore wind across various regions.
Recent Developments
In recent years, Mainstream has achieved several significant milestones. In May 2024, they secured a feasibility licence for a 2.5 GW offshore wind project in Australia, marking a major expansion into new markets. In 2023, they completed the sale of Lekala Power, Africa's largest pureplay renewable IPP, and divested their Chilean joint venture Aela Energia while launching the 1 GW Nazca Renovables platform in Chile. The company also announced plans to create 100 new jobs at their Dublin headquarters to support global growth and local offshore developments (source: mainstreamrp.com). These developments reflect Mainstream's strategic focus on expanding their footprint in the renewable energy sector.
Working There
Mainstream offers a diverse range of roles across various departments including development, construction, operations, finance, and engineering. The company emphasizes hiring at their expanded Dublin headquarters, where they announced the creation of 100 new jobs to support their growth initiatives. Their culture is characterized by a strong sense of Irish heritage and a unified mission to lead the energy transition globally. Employees benefit from a collaborative environment that encourages continuous improvement and stakeholder engagement, although specific benefits are not detailed in available sources (source: mainstreamrp.com). The company also invests in employee development through in-person education sessions and the use of modern tools to enhance productivity.
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