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Hydropulse, a wholly owned subsidiary of ITM Power Plc will build, own and operate decentralised green hydrogen production plants using ITM’s modular NEPTUNE technology. We are looking for a Commercial Finance Manager who will operate as a key business partner, providing financial insight and commercial modelling to support strategic decision making. The role is hands-on and forward thinking and will support the company in both the UK and the EU.
Job Responsibility:
Provide commercial insight and financial modelling, pricing and margin to support decision making on commercial opportunities
Lead on financial matters for tenders and commercial proposals
Develop and own robust financial business models including financing, risk, pricing and margins
Support cash management and working capital
Support and challenge the Sales & Business Development, Product Management and Project Management teams in the compilation of high quality, robust cost estimation for projects for review and approval by executive leadership
Work with the finance team to ensure accurate and concise revenue recognition. Once this has been approved, ensure that these revenue recognition criteria are followed and tracked
Manage and ensure effective cash collection processes for commercial projects, ensuring achieved milestones are invoiced in a prompt manner and working with project managers to ensure these are issued in an appropriate way to customers
Lead the preparation and commercial projects budgets, forecasts, and long-term financial plans, this is to include forecast project completion dates and cash flows
Ensure compliance with internal controls, financial policies and relevant accounting standards in commercial finance processes
Translate complex financial analysis into clear executive level insights and recommendations
Monitor post-delivery product performance against plan, identifying variances, risks and corrective actions
Stay up to date on industry trends, regulatory changes and best practices in commercial finance and investment management to ensure compliance and to continuously improve commercial frameworks, tools and reporting to support faster, better decision-making
Requirements:
Masters degree in a related field
Proven experience, 5-10 years gained in a financial environment (commercial, controlling, accounting)
Knowledge of UK and German GAAP and relevant international accounting standards
Technical understanding and strong commercial acumen
Ability to work collaboratively and to achieve solutions to challenging problems
Can adapt and flex approach to a fast changing and growth environment