Offshore Construction Specialist

1 week ago

United Kingdom OW Ocean Winds Full time

Renewable energy is Scotland's main source of electricity and Ocean Winds is playing a leading role in tackling climate change. Whether you have already started your journey in the green energy industry or have aspirations to move into the sector, Ocean Winds have an opportunity for a Settlement and Reporting Specialist in our Commercial Asset Management Team to help manage its expanding offshore windfarm portfolio in Scotland. Specifically, the operational 950MW Moray East Offshore Windfarm and the under-construction 860MW Moray West Offshore Windfarm.
Reporting to the Senior Commercial Asset Manager, the main responsibilities of the role include:
• Managing timely settlement processes related to our offshore wind projects, including PPAs and CFDs.
• Preparation of project processes for commercial asset management.
• Supporting the Asset Director in delivering budgets and business plans.
• Working with the Operations and Asset Management teams to deliver asset value.
• Wider Commercial Asset Management support of Ocean Winds development pipeline.

Working closely with the external stakeholders (IMServe, Elexon, PPA Offtakers, LCCC) oversee daily settlement operations for offshore wind energy transactions to ensure timely reconciliation.
• Ensure that all data flows and forecasts from the asset that are necessary to support commercial operations are maintained.
• Analyse settlement data to identify trends, anomalies, and areas for improvement.
• Prepare regular reports for management and stakeholders and provide the input data for commercially related key performance indicators and reporting metrics.
• Assist in the development and implementation of automated settlement solutions.
• Maintain accurate records and documentation for commercial asset management activities.
• Assist in audits and regulatory reviews by providing necessary documentation and explanations.
• Ensure compliance with regulatory and contractual obligations.
• Create effective external working relationships with key stakeholders involved in the provision of the PPA’s, Investment Contracts, CFDs, and any other related commercial contracts.

Required Academic and Professional Experience:
• o Data analysis and reporting in energy sector
o Trading/contract settlement in the energy sector
• The UK CfD regime and PPA contract market.

Strong analytical and problem-solving skills with ability to manage large data sets and present information in a clear and professional manner with an attention to detail.
• Proficiency in financial software, PowerBI and Excel.
• An understanding of commercial activities and processes with a proactive approach to value creation, and risk mitigation.
• Location in Edinburgh with possibility of flexible working arrangements and travel to operational sites and other stakeholders’ offices required from time to time.

At Ocean Winds we welcome candidates from all diverse backgrounds and strive for diversity and inclusion.

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