Assistant Treasurer
1 week ago
Sizewell C. The power of good for Britain.
Location: London* (hybrid working arrangements).
Employment type: Permanent full-time/ part-time.
Employment basis: The role is expected to be a full- time position however we are open to discussing a more flexible or part- time approach where possible.
Salary: Negotiable dependent on experience, plus bonus and other benefits.
Closing date: Friday 29th November.
The Opportunity
Are you ready to lead in shaping the future of energy finance? Sizewell C is on the brink of transforming the UK’s energy landscape with its ambitious nuclear power project—and we’re looking for an Assistant Treasurer for Debt to join our Treasury team. This role isn’t just about managing numbers; it’s about managing a new financing model for Sizewell C and the entire nuclear industry
Why This Role Matters
In this groundbreaking position, you’ll manage Sizewell C’s debt arrangements—an estimated £40bn loan through the National Wealth Fund (NWF) and an export credit facility of up to £5.2bn. You’ll oversee debt covenants within an innovative Regulated Asset Base (RAB) funding model, providing assurance and navigating uncharted waters in nuclear finance.
What You’ll Do
Manage the Debt: Take the lead in managing Sizewell C’s debt arrangements understanding the full financing structure and establishing key relationships with major lenders.
Educate and Influence: Act as a trusted advisor across the business, explaining complex financing arrangements and the RAB model to stakeholders at all levels.
Champion Debt Compliance: Build and embed financial practices, assurance processes, and compliance protocols to ensure smooth debt management.
Report to Leadership: Provide clear and timely updates on debt compliance and risk to Sizewell C's executive team and Board.
Foster Strategic Partnerships: Develop strong relationships with the NWF, government entities, lending banks, and key stakeholders to support Sizewell C’s long-term financing strategy.
Prepare for Financial Milestones: Work towards the successful financial close of the project, ensuring covenant adherence, debt drawdowns, and regulatory compliance.
About You
This role is ideal for a qualified finance professional who thrives on relationship-building and enjoys navigating complex financial landscapes. You’ll bring:
A relevant qualification in corporate treasury, finance, or accounting.
Experience with debt arrangements, ideally within project finance, regulated utilities, or common terms structures.
Strong communication skills and the ability to convey complex financial information with clarity.
Resilience and a proactive approach to managing multiple high-stakes projects.
Proficiency in Microsoft Excel and a strong grasp of financial models and structures.
Why Join Us?
Sizewell C is not just a project; it’s a mission to power the UK sustainably. By joining our Treasury team, you’ll be part of a newly formed directorate with high-impact goals and growth opportunities. You’ll work alongside industry-leading professionals, government stakeholders, and financial partners—all while playing a crucial role in a transformative national project.
Be part of history—join Sizewell C and power the future of energy finance. Apply now to make a lasting impact in the UK’s energy landscape
#DestinationNuclear
#SZCjobs
* Sizewell C Limited will be moving offices from 90 Whitfield Street to 25 Copthall Avenue.
25 Copthall Avenue is a modern building just a short walk from Moorgate and Liverpool Street stations. Sizewell C will occupy the whole of the 4th floor. We are targeting a move in February 2025.
This role will be contractually based at 25 Copthall Avenue. However, depending on the date of the move there may be a period that you will be required to work temporarily from our existing office at 90 Whitfield Street.
Power in Diversity
Sizewell C is a great place to work, where everyone is welcome.
To fulfil our commitment of doing the power of good for Britain, our ambition is to have a workforce which reflects and benefits the society we are part of and serve. Every worker on SZC, wherever they are, should help to create and experience the right environment where everyone on the team understands, respects and embraces diversity with a culture where everyone is treated with equal respect and are all given equal access to opportunities. By valuing the different points of view and experiences that having a diverse team brings, and by fostering an inclusive climate, we will create a great place to work and a more successful project.
We create the right environment where people feel able to bring their whole selves to work. Whilst working together there is mutual trust and appreciation created through the building of meaningful relationships with one another, aligned with our key values:
Respect: Value the rules and environment in which we operate
Positivity: Positively challenge poor quality and performance
Humility: Be open to other’s points of view and ideas, be willing to debate and to compromise
Solidarity: One team, working closely together and helping each other
Clarity: Communicate clearly and consistently
Everyone is able to get the most from their work and the workplace, and in return, give their best.
Competitive Salary and Benefits
We’re dedicated to offering flexible benefits that support our people across all aspects of their lives and we’re delighted to offer a range of benefits to support our employees’ physical, emotional and financial wellbeing.
In addition to a competitive salary, we offer a market-leading company pension scheme, paid holidays and a range of flexible benefits, such as: a company incentive bonus plan, health cover, cycle to work scheme, discounts and employee pricing.
Please let us know if you’d like to discuss flexible working arrangements by highlighting this on your application.
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