Entrepreneurship in the territories: is it the right time?
Company Description
Founded in 2007, Akuo is an independent renewable energy producer with operations in over twenty countries worldwide. The Group is committed in the entire value chain: project development, project finance, construction and operation of solar, wind and storage power plants.
Akuo's teams combine technological relevance, environmental added value and social benefits to develop exemplary, meaningful projects in local areas. The Group is a pioneer in agrivoltaics and storage solutions and was the first to develop large-scale floating solar power plants in France.
True to its values and convictions, Akuo is a responsible business, committed to the diversity of its teams and determined to ensure the inclusion of all.
Job Description
1 – Missions and responsibilities :
Financial management of multiple project companies during development and construction
- Working closely with the operational project team and local management
- Reporting to the Senior Finance Controller
- The job holder will have responsibility for the preparation of timely and reliable financial information to support the ongoing management and construction of the project and meet all internal/external reporting requirements, drawing down bank debt during construction phase
- Main contacts: Finance Department, Legal Department, Operations (engineers/project managers), external financial partners (banks, shareholders in particular).
TASKS FOR COMPANIES IN DEVELOPMENT OR CONSTRUCTION:
- Preparing financial reporting: Preparing monthly and quarterly financial reports for the project entities within your scope (companies under development, construction, and operation), including P&L, CAPEX, OPEX, cash flow, and forecasts, while meeting deadlines. Ensure compliance with the contractual and statutory obligations of project companies: monitoring banking covenants and contractual obligations to financial partners,
- Review and approval of CIT, VAT and withholding tax returns, prepared by accounting service provider;
- Preparation of quarterly group and annual statutory, regulatory and other reporting/returns for companies, both in local GAAP and IFRS.
- Provides the local accountant with all the operational information needed to close the accounts
- Review and approval of statutory financial statements drafted under local GAAP or IFRS by accounting service provider;
- Manage relations with auditors, banks and advisory firms (tax and accounting);
- Participate in a M&A process in coordination with Legal, Finance and Operational teams (due diligence review, SPA or other Legal documentation negotiation);
- Review and update business plans/forecast model as appropriate;
- Advising on strategies to improve Company financial performance and making recommendations on appropriate key financial targets,
- Being in charge of the follow up of the invoices and commitments approval process for all the local companies,
- Drafting all the drawdown notices to the credit lines related to each project related to the project in construction.
- Manage treasury on a day to day basis and prepare cash forecast, managing intra group call for funds when necessary
- Ensure compliance with internal control rules,
- Report any anomaly to management and H/Q
- Supervise the local implementation of the Group ERP and other necessary finance tools;
Qualifications
3+ years working experience in project controlling / accounting or auditing, 5 years is a plus
With preferred background in renewable energy or project financing
As a minimum bachelor’s degree in finance and/or accounting
Technical Knowledge (ERP systems, Reporting tools, financial analysis) and Computer literate with good working knowledge of the MS Office package
Team player, resilient and with strong business and personal ethics
IFRS and local GAAP accounting knowledge
Very good ability to analyze, interpret and discover correlation between financial, business and accounting data
- Personal Skills :
Languages: Fluent English is a requirement, French is nice to have
Very good organization and planning
Ability to multitask, prioritize and work in high-pressure situations
Ability to summarize in order to quickly conceptualize issues and solutions
Anticipation and reactivity capacity
Ability to work in an informal environment (growing group)
Additional Information
Akuo Energy med Belgrade offers competitive salaries and growing environment. You will work with colleagues from the whole region and feel the perks of working for an international company!
Akuo Energy is a sustainable company attached to the diversity of its teams and is committed to rejecting all forms of discrimination.
