Senior Financial Modeller/Analyst - Interconnectors

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About The RoleBase Location: Flexible UK & Ireland | We’re proud to offer a Flexible First approach to work, and this role is no exception. We will, however need your base ’home’ location to be one of our SSE offices or depots around the UK and Ireland.Salary: Competitive + car /car allowance + performance-related bonus + a range of benefits to support your finances, wellbeing and family.Working Pattern: Permanent | Full Time | Flexible First options availableThe purpose of this role is to provide financial analysis and modelling expertise to enable SSE Group to enter the Interconnector markets (standard and multi-purpose). The technology would consequently encompass both HVDC and AC transmission both on land and at sea. The knowledge and credibility of the Senior Financial Modeller/Analyst will be key for the SSE Interconnector team to validate and develop financial solutions for the Interconnector (IC) and Multipurpose Interconnectors (MPI) market.This is a key role for SSE as it will have a significant part to play in developing financial models to support the growth of the SSE Interconnector business. It will report jointly to the Management Team within SSE Enterprise’s Interconnector Business and to the Director of Commercial for Enterprise.Role Responsibilities

• Analyse overall project requirements, define inputs and assumptions required to build financial models for IC & MPIs.
• Build, review and evaluate detailed financial models.
• Analyse and review the electricity market and regulations to understand their impact on commercial returns.
• Collaborate with SSE partners, contractors, and consultants in the development of financial models.
• Manage and maintain key data used as inputs to financial models such as commodity data (electricity), country evaluations, sector, and competitor fundamentals etc.

What do I need?

• A good understanding of the energy sector, the main markets, and how they are likely to change over time.
• Understanding of key electricity infrastructure and related technologies such as power generation, transmission, distribution, and storage, and their impact on financial models.
• Practical experience of financial modelling. Have developed financial models for at least one major energy project.
• Knowledge of electricity regulations and trading arrangements.
• Strong business acumen and interest in investment culture.
• An understanding of the regulatory and business models associated with offshore or onshore transmission systems.

SSE Enterprise sits across the fastest growing area within the SSE Group, Distributed Energy, and is now being used to develop interconnectors. This business is responsible for the design, funding, delivery, and operation of a range of local energy infrastructure across the UK and Ireland including solar, battery, private electrical networks, heat networks and EV charging. Each of these offerings are essentially start-up businesses with a number now reaching First of a Kind delivery with strong forward pipelines developing. As these businesses transition from start-up to business as usual, Enterprise is looking for new market opportunities to drive future growth, with interconnectors now part of it.About Our BusinessSSE Enterprise Utilities is the Distributed Energy (DE) and Private Networks business of SSE plc. We finance, own, operate and maintain energy infrastructure for commercial, industrial and residential customers - providing them with a market leading project development service and certainty of operational performance and asset management. In order to accelerate progress towards net zero SSE Group is investing £7m a day on low carbon infrastructure, creating 1,000 green jobs a year in the process, as part of its £25bn NZAP (Net Zero Acceleration Programme).What’s in it for you?We offer an excellent package with 34 days annual leave entitlement. Enhanced maternity/paternity leave, discounted healthcare, salary sacrifice car leasing and much more, view our full benefits package on our careers site.As an equal opportunity employer we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments you need during the application, assessment and upon joining SSE. Search for ’Inclusion & Diversity at SSE’ to find out more.What happens now?All applications should be made online, and I’ll be back in touch after the vacancy closing date to let you know the outcome.If you would like to discuss any working flexibly requirements or adjustments you may require throughout the recruitment and selection process, please contact natalie.clark@sse.comEXTERNAL: Before commencing your role with SSE, you’ll need to complete our pre-employment screening process. This will consist of a criminality and credit check.INTERNAL: As a courtesy, please let your current line manager know you are applying.OR