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Form of workJob Type: Full Time / On-going
- Become part of the solution to climate change, accelerating Victoria’s renewable energy transition.
- Join a ‘for purpose’ government-owned energy company that empowers its people to make a difference.
- Enjoy competitive pay and flexible work/life balance.
More action is needed to reduce emissions and manage climate change. At the SEC, we are building an enterprising and dynamic team to accelerate Victoria’s transition to renewables and help achieve Victoria’s renewable energy target of 95% by 2035.
We are working together for renewable, affordable reliable energy for all Victorians.
Your role
As a Financial Investment Analyst, you will be responsible for supporting the full deal process to identify, assess and bring forward investment decisions for renewable energy and storage projects.
This role can be based in either our Melbourne CBD office or our regional office located in Morwell.
What you will do:
- Financial models – Lead the development and maintenance of financial models to determine the forecast cash-flows, project & equity IRR, and valuation of renewable energy asset investment opportunities for initial assessment, to support internal investment approval processes and post investment performance. Financial models will be able to assess multiple market scenarios, have pre and post-tax output and include asset level debt where appropriate. Financial models will be audited from time to time to ensure integrity.
- Assessment of investment opportunities – Input project data, market forecasts and general assumptions into the asset financial model and summarise output for commercial review.
- Project due diligence – Work with relevant advisors providing due diligence on prospective investments and update financial models as needed.
- Investment recommendation reports – Assist in the preparation of reports for executive management, the investment committee and other stakeholders to provide clear and well-supported recommendations on specific energy infrastructure investments.
- Portfolio management – Consolidate forecasts or results to enable commercial assessment of assets and investments in a portfolio setting.
Who you are:
Experiences and Skills:
Must Have:
Your capabilities and areas of expertise that matter most for this role are:
- Expert experience in the financial modelling of energy infrastructure investments, preferably from an investment or private asset management background.
- Able to develop, test and manipulate energy asset financial models based on discounted cash flows.
- An understanding of the potential risks associated with development, delivery and operation of energy assets in the National Electricity Market.
- Commercial mindset with experience conducting and working with due diligence and risk management processes.
- Good understanding of the Australian energy landscape.
- Good understanding of Australian financial and accounting codes and practices.
- An appreciation of Victorian Government policy targets, initiatives, and goals.
Our empowered workforce
A career with us means you’ll be joining a new and vibrant ‘for purpose’ government-owned renewable energy company that:
- Empowers you to influence how we accelerate Victoria’s renewable energy transition and decarbonise our economy.
- Inspires you through meaningful, challenging work in an environment that encourages leadership and an entrepreneurial spirit.
- Supports your growth through career advancement and professional development opportunities.
- Provides hybrid work arrangements, with around 3 days working in Melbourne or Morwell, with flexible work options to meet individual circumstances, providing greater choice and autonomy.
About us
We have an exciting and ambitious road ahead with a focus on:
- Investing in renewable energy and storage projects that accelerate the transition and deliver commercial returns.
- Supporting households to go all electric to reduce their emissions and energy bills.
- Building the renewable energy workforce our energy transition requires.
We’re partnering with industry to transform the energy sector, opening the state up for further innovation and investments in renewables. This includes an initial $1 billion towards delivering 4.5 gigawatts of power through renewable energy and storage projects – the equivalent replacement capacity of coal-fired power station Loy Yang A, which is set to close in 2035.
We will also play an important role in helping Victorian households to reduce their energy bills and emissions by offering simple and effective solutions to help them switch to electric.
The energy transformation will create thousands of jobs. The SEC will play a role in attracting and training our future renewable energy workforce, including through the SEC Centre of Training Excellence.
How to Apply
We strongly encourage applications from Aboriginal and Torres Strait Islander people. We are also deeply committed to building an inclusive workplace that embraces diversity and people with disability, people from the LGBTIQ community, and people from culturally diverse backgrounds. We strive to create a respectful and collaborative workplace culture that allows all employees to thrive.
Confidence can sometimes hold us back from applying for a job, but we recognise that there’s no such thing as a ‘perfect’ candidate. At the SEC we offer more than a job. We provide a platform for growth, encouraging you to bring your whole self to your role. However, you identify and whatever your background, please apply if this is a role that excites you.
For further information and to explore this opportunity further please contact ***********@delwp.vic.gov.au
Please click the ‘Apply Now’ button. As part of the application process, you will need to provide a copy of your resume and/ or a cover letter (optional) addressing how your skills, knowledge and experience will be relevant to this role.
Applications close at midnight on 18 April 2024
Other things to know
- Applicants must be an Australian citizen, permanent resident or hold a valid work permit to be eligible to apply.
- To receive this information in an accessible format (such as large print or audio) or if you require any reasonable adjustments during the recruitment process, please reach out to ***********@delwp.vic.gov.au
- The SEC affirms that the collection and handling of applications and personal information will be consistent with the requirements of the Privacy and Data Protection Act 2014
