SP - Entity and Finance Reporting Lead

Mainstream Renewable Power
Madrid, Full Time
POSTED ON 9/12/2022 CLOSED ON 2/21/2023

What are the responsibilities and job description for the SP - Entity and Finance Reporting Lead position at Mainstream Renewable Power?

Mainstream Renewable Power is a leading independent developer of utility-scale wind and solar power plants. The company is focused on delivering a high-quality portfolio of more than 10 gigawatts of wind and solar assets across high-growth markets in Latin America, Africa and Asia.

 

Since entering the Chilean market in 2009, Mainstream has grown to become the largest independent renewables developer in Chile with a development portfolio over 3.2 GW (early and late stage development) and 870 MW in construction

 

In South Africa, Mainstream has delivered 600MW of wind and solar assets into commercial operation and is currently constructing a further 250MW of wind farms. Mainstream are also progressing a development pipeline in excess of 5.5 GW of wind and solar PV projects.

 

Mainstream established its APAC HQ in Singapore in 2019. The company is actively developing a pipeline of large-scale projects throughout the APAC region through its local offices in Vietnam and the Philippines.

 

Mainstream has raised over €2.1 billion in project finance and employs over 300 staff across four continents. In 2021, Mainstream completed a process to find an equity partner to help finance the development and construction of its wind and solar asset pipeline.


About The Role

 

Reporting to the Financial Controller in Chile, this role is primarily concerned with the management of ongoing administrative functions, accounting, and statutory filing obligations across the Mainstream Group’s Spanish entities, in addition to coordinating and providing periodic updates to the board on the performance of relevant subsidiary investments and monitoring same.

 

This is a varied role offering exposure to all aspects of Mainstream’s business globally, particularly Spain and the Group’s Latin American investments, providing an opportunity for involvement in the many interesting and exciting renewable energy transactions that are ongoing at any time.

 

This role is suited to a motivated and dynamic individual who wishes to expand their experience working in-house in a rapidly growing business. The role demands close attention to detail, the ability to prioritise and manage a consistently large workload in a fast-paced working environment. 

 

Key Responsibilities:

  • Responsible for managing and coordinating all statutory filing obligations (accounting, legal, tax, company secretarial, corporate governance etc.) for the Group’s Spanish entities including liaising with the Group’s external advisors/service providers as required.
  • Responsible for organising and drafting of board meeting agendas, minutes, board and shareholder resolutions, preparation of Spanish statutory filings as required.
  • Responsible for preparation of board packs and shareholder presentations on a monthly, bi-monthly and quarterly basis as required, including responsibility for liaising with Spanish and Latin American in-house finance, tax and legal teams to source information relevant to the Spanish entities (including their subsidiaries) to include in same.
  • Responsible for providing support for large scale transactions within the Group including new joint ventures, financing, corporate guarantees, mergers and acquisitions, sales processes etc. as they relate to Spain and the Group’s Spanish entities and their subsidiaries (to include coordination of relevant professional advice as required).
  • Oversight of monthly management accounts, reconciliations, quarterly and annual financial statements, and other external reporting requirements and assistance with preparation of same.
  • Management of the relationship with local banking contacts and liaising with same as needed.
  • Assistance with the management of the external audit process including review and sign-off of financial statements.
  • Assisting with due diligence processes including responding to Know Your Client and anti-money laundering documentation requests as required.
  • Assistance with incorporation of new companies, liquidations/dissolutions and intergroup company reorganisations as they relate to the Group’s Spanish entities and their subsidiaries.
  • Responsible for managing changes to directors and officers on Spanish Group companies and ensuring the appropriate statutory registers are up to date.
  • Responsible for co-ordination of documents requiring notarization, legalization and apostille and dealing with various consulates/embassies, as required.
  • Responsible for preparing share certificates and stock transfer forms as required.
  • Responsible for documenting, streamlining, and automating processes to drive efficiencies and improve key internal controls to allow the business to scale for future growth.
  • Assistance with ad-hoc projects as required and as availability allows.


Required Qualifications and Experience:

  • Business or accounting undergraduate degree (honours level) or similar.
  • Professional qualification in accounting desired.
  • Excellent organizational skills and keen attention to detail.
  • Excellent communication, written and interpersonal skills.
  • 5 years previous experience working in a similar role preferred.
  • A proactive approach to work and ability to prioritise and handle a large workload under time constraints.
  • Experience working with Microsoft office suite.
  • Flexibility to work on a broad range of projects.
  • Fluency in Spanish and English is preferred.
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