RWE Renewables UK Management Ltd.
To start as soon as possible, full time, permanent
Functional area: Finance / Controlling
This is an exciting opportunity to join the Controlling team supporting the company’s global offshore wind development business, operating at the heart of one of the fastest-growing sectors in the energy market. The role will support robust cost control, financial governance, and informed decision-making across large, complex infrastructure projects, offering a valuable platform for professional development.
Candidates with early-career experience or exposure to commercial management, financial controlling, or project controls will be well suited to this role.
About the role
1. Cost Forecasting & ManagementSupport the preparation, administration, and regular update of project cost forecasts, including maintaining robust cash flow profiles from investment decision through to project completion and handover to operationsRecord, monitor, and analyse the cost impact of scope changes and change requests, working closely with Project Management and Finance leadership to communicate financial implicationsSupport cost forecasting and cost control activities for assigned project packages, ensuring alignment with approved budgets, programme schedules, and risk assumptionsAssist in identifying, monitoring, and reporting financial risks, including cost escalation, contingency usage, and foreign exchange exposure
2. Financial Controlling & ReportingSupport monthly financial controlling cycles, including accrual preparation, resource and non-resource cost analysis, and variance analysis against budget and forecastSupport the preparation of monthly actuals reporting, including reconciliation between cash and accounting positionsPrepare accurate and timely financial information for internal management reporting, lenders, shareholders, and joint-venture partners as requiredSupport the consistent application of internal controls, including Delegation of Authority, shareholder agreements, local procedures, and compliance with investment governance and accounting requirements
3. Project FinancingSupport project financing activities, including debt and equity utilisation processes, preparation of monthly drawdowns from lenders and shareholders, and monitoring of project bank account balancesAssist with the management, tracking, and maturity of foreign currency hedges to meet project cash requirements, including provision of inputs for hedge accountingEnsure supplier and contractor invoices are processed in line with funding availability, financing agreements, and internal approval processes, liaising with Accounts Payable as required to resolve invoice queries
4. OFTO TransactionSupport the preparation of valuation inputs and supporting documentation for the regulated divestment of OFTO assets in line with the UK offshore transmission regimeSupport engagement with the UK regulator Ofgem throughout the regulated cost assessment and financial audit process
5. Stakeholder Engagement & Contract AwarenessAct as a key interface between Project Finance, Commercial, and Project Delivery teams, supporting a solid culture of cost awareness and financial discipline.Develop effective working relationships with internal and external stakeholders, providing transparency on project financial performance, risks, and opportunities.Develop an understanding of key commercial contracts for assigned project packages, including financial milestones and evolving cost and risk positions.Support delivery teams with cost tracking, forecast updates, verification of contractor claims, and associated internal processes (e.g. purchase order management, invoice approvals and change management)
Job requirements and experience
6. Committed to process enhancements and willing to challenge established ways of working by introducing process improvements, tools, or new approaches to enhance efficiency and project support
7. Highly organised, with the ability to efficiently plan, prioritise, and manage workload while meeting deadlines in fast-paced project environments
8. Skilled communicator, comfortable working within multidisciplinary teams and able to explain financial information clearly to non-financial stakeholders
9. Able to thrive in a global, matrix organisation, demonstrating initiative, flexibility in addressing challenges, and sound professional judgment
10. Strong relationship-building and stakeholder management skills
11. Advanced Excel skills are essential
12. Fluency in English is essential
Advantageous, but not essential
13. Additional European languages
14. Experience using SAP or similar ERP systems for project cost tracking and financial reporting
15. Experience with Power Query, Power BI, or similar data modelling and reporting tools
16. Experience in cost tracking, forecasting, and performance reporting within offshore wind or other complex, multi-disciplinary infrastructure projects
17. Knowledge of UK offshore transmission (OFTO)
18. Familiarity with both project controls and corporate management accounting disciplines, along with a qualification in, or a clear aspiration to work towards, Quantity Surveying or a professional finance qualification e.g. CIMA
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