Treasury Analyst

About the Company

Ventient Energy Ltd, one of the UK’s largest generator of onshore wind energy, and the largest non-utility owner of onshore wind. With 34 wind farms located from Caithness to Cornwall, comprising 509 turbines and 690MW of installed capacity, Ventient Energy supplies the equivalent of 420,000 homes annually, offsetting 0.75 million tonnes of CO2 equivalent a year. The company was formed by combining the Zephyr portfolio of 15 wind farms with 19 wind farms that were formerly owned by Infinis, with the entire portfolio of wind farms now owned by institutional investors advised by JP Morgan Asset Management. The company Headquarters are in Edinburgh where most of its staff are located. Staff who support our wind farm assets are located throughout the UK in regions within close proximity to the wind farms. Current headcount is approximately 40 people.

Role Profile
  • Position Title: Treasury Analyst
  • Reporting To: Treasurer
  • Department:  Finance
  • Key Contacts: Finance Team, Banks, Legal Team, Commercial Team
  • Location: Edinburgh
  • Direct Reports: N/A
  • Role Type: Permanent
  • Work Pattern: Full Time - Monday to Friday
Role Purpose:

This newly created role is to support the Treasurer in managing and developing the Treasury operations of Ventient’s 34 wind farms as well as those of the parent company. The business (turnover : £150m) is highly cash generative and therefore the role will focus on cash and risk management as well as treasury analysis and reporting.

The role is currently UK focussed but is likely to become Europe-wide as the company grows.

Key Responsibilities:

Cash Management

  • Daily cash management and bank reconciliations for UK subsidiaries (with potential for this to expand to European subsidiaries)
  • Managing of bank accounts and bank mandates including those related to bonds and guarantees
  • Implementing cash pooling and cash optimisation solutions
  • Preparing monthly cash flow forecasting to enable appropriate investment decisions to be taken

Risk Management

  • Monitoring of compliance with Treasury policy
  • Accounting for interest rate swaps including hedge effectiveness

Reporting

  • Preparing monthly Treasury dashboard and supporting analysis for the CFO and Board
  • Performing month end reconciliations for Treasury transactions and balances
  • Working with the Finance team to ensure Treasury reporting is accurate

Projects

  • Implementing a TMS to drive more efficient daily processes as well as support the growth in the business
  • Assisting the Treasurer with other ad hoc projects as required including those related to the European growth of the business

Other

  • Managing intercompany loans and loan documentation associated with cash pooling solutions
  • Managing the corporate credit card programme
  • Developing process documentation and delivery of process improvement initiatives
Qualifications, Training & Professional Memberships:
  • Association of Corporate Treasurers qualified or part qualified desirable.
preferred Experience:
  • Minimum 2 – 3 years’ experience in corporate Treasury, ideally in a European context
  • Experience of Treasury Management Systems
Skills:
  • Highly numerate
  • Strong analytical skills
  • Attention to detail
  • Self-motivated
  • Strong communicator
Company Values:
  • Safety
  • Passion
  • Innovation
  • Delivery

Supporting Documents