Opening Date: 02/11/2017
Closing Date: 30/11/2017
Salary: competitive + negotiable bonus + benefits
Associate Director – Power & Utilities M&A
KPMG’s Power & Utilities M&A team provides in-depth advice on the acquisition and divestment of assets in the Power & Utilities sector both in the UK and internationally. This sector is a key business area and encompasses work for large clients in the sector including leading UK companies, infrastructure funds as well as some of the largest utilities in the EU and beyond.
Our business is expanding rapidly and is looking for a high quality candidate to support our Power & Utilities business with a particular focus on renewable energy and other low-carbon electricity generation technologies in terms of both transaction/project management and delivery.
Key responsibilities of the role include:
Leading P&U M&A mandates on a day to day basis; with principle responsibility for ensuring client feedback is extremely strong.
Pro-actively managing a clearly defined target list of opportunities, spanning both primary and secondary situations, as well as the spread of sub-sectors (renewables / conventional power / energy from waste / emerging applications such as energy storage and new regulated infrastructure asset classes)
Ensure core accounts are covered actively, with high quality positioning materials and insights spanning:
Detailed evaluation and understanding of precedent transactions;
In-depth understanding of the current markets and terms;
Demonstrating bespoke advice to the situation specifics (structure / process / challenges)
Developing a strong impact in front of clients in origination and execution situations
Developing junior staff members, including high quality modelling, process and presentation skills
Building out the financing capability linked to M&A deals, in particular working with the M&A leads and stepping in to execute financing and combined financing / M&A situations when required.
Multi-tasking to be able to manage multiple execution and origination situations con-currently, working within the P&U team; drawing on both senior and junior support.
The ideal candidate would:
Significant experience in the energy sector including experience in the UK as well as non-European experience.
Have significant experience in valuation and executing M&A transactions in the energy sector including a track record of successfully raising debt capital and also completing financing transaction.
Have a good knowledge of capital structures, particularly, debt project finance, equity infrastructure finance including high leverage and other types of financing such as mezzanine debt.
Have a good general understanding of the P&U sub-sectors.
Have excellent written, Excel and Power-point skills;
Be skilled in financial modelling, financial analysis, in addition to having an understanding of financial accounting;
Have a strong ability to interpret and present outputs from financial models to support the provision of commercial advice;
Be comfortable and/or experienced in presenting to clients;
Relish the opportunity for interaction and dialogue with companies, investors, regulators and other stakeholders, and with a host of functions across KPMG;
Be an independent thinker with the ability to identify problems and contribute to the development of solutions, helping us to remain at the cutting edge of thinking in the sector;
Be a highly motivated, ambitious self-starter, willing to take advantages of the opportunities this position offers;
Have experience of working in and managing people in small teams;
Appreciate the chance to work on a wide range of projects and proposals simultaneously to demanding timetables; and
Is a proven team player who can demonstrate a clear desire to manage teams, who can gain the trust and support of internal colleagues.
An appropriate professional qualification.
Global Skills and Behaviours:
Individuals are expected to demonstrate their abilities in line with the KPMG Global Skills and Behaviours to Manager Level, as below:
Business focus Accountability Drive and resilience Feedback and learning Developing people Building relationships Problem solving making an impact Professionalism and Delivering quality service.
Individuals are also expected to demonstrate their abilities in line with KPMG professional/technical competencies to Manager Level as below:
Technical knowledge Compliance Project management and Marketing and business development.
Negotiating skills interviewing skills Multitasking Risk Management
KPMG has a Values based culture which everyone is expected to demonstrate and support.
KPMG Corporate Finance is regulated by the Financial Services Authority (FSA) for investment business. Please be aware that this position applied for is an FSA regulated position, and accordingly, if the application is successful, will require the applicant to either be or become an FSA approved person, and maintain this status.
If the application is successful, a Criminal Records Bureau (CRB) Standard Disclosure will be requested. Please be aware that a criminal record will not necessarily be a bar to the applicant obtaining a position, and that KPMG is an equal opportunities employer. A copy of KPMG's policy on the recruitment of ex-offenders and a copy of the CRB code of practice are available on request.
KPMG is an equal opportunities employer and values diversity in its people.