Financial Analyst (m/f/d)

icon building Company : Terralayr
icon briefcase Job Type : Full Time

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Job Description - Financial Analyst (m/f/d)

Who we are - our mission:

terralayr addresses the massive deficit in global energy storage.

The over-indexing of electricity generation from renewable energy sources leads to large volatility on the energy grid. The main problem is that wind and solar farms are fluctuating and, by definition, unsteady—there is no sun at night, and it is not always windy. This increases the need for flexibility in the form of battery storage systems to balance the grid in times when supply and demand do not match.

By buying and developing grid-scale storage assets and virtually aggregating them across a layer, we are creating the world's first energy cloud. Imagine AWS for energy. Through the flexibility we secure, we can market flexibility-as-a-service and hedging products/power insurance to utilities, SMEs, and industrial players and create virtual storage capacity for PV and wind farms.

What we are currently hiring for:

We are looking for a Financial Analyst to join our team. The task is to support all functions in the Finance team. This means supporting the leadership team with reporting, budgeting, controlling and financing activities, as well as spending time with the senior accountant to run day-to-day operations as well as help with the build out of an accounting team. You will gain a solid understanding of German GAAP and be part of an international expansion which will inevitably involve moving to IFRS reporting at some point. You will also gain experience in corporate and project finance, from a debt and equity perspective. Should there be any M&A you will be involved in the process. 

We are growing fast and have ambitions to become the preeminent BESS operator in Europe and beyond. Our Finance team therefore has to be world class to support the companies growth momentum.  

Successful candidates deeply care about having a positive impact on accelerating the energy transition. In addition, they are excited to work in a young company that is scaling fast. They are hands-on and excited to learn and build. 

While our main office is in Berlin, with a tech hub in London, we are also open to hiring remote team members - our ambition is to build the best team in the market, irrespective of the location our talents are based. However, you will need to spend at least 1 week per month in Berlin during our monthly team week. 

Your tasks in more detail:

  • Financial planning:  Build and work on financial models on a corporate and project level. Models will be used for internal steering and planning as well as for external purposes - investors and auditors.

  • Financial analysis:  Support with the analysis of new project developments, incl. revenues, capex, opex and financing charges. Ensure profitability of projects is forecasted accurately and tracked precisely and in a timely manner

  • Financial documentation: Support with the preparation and keep up to date balance sheet, profit & loss and cashflow figures. 

  • Audit and tax: Work with external auditor and tax advisor to assist in the preparation of tax filings, audit reports and other reporting requirements

  • Accounts payable & accounts receivable:  Work with the Senior Accountant to prepare invoices and resolve any invoice discrepancies with our customers. Process payments to our suppliers and creditors. 

What we are looking for - Your Qualifications:

  • Degree:  University degree in a finance related topic such as Accounting, Business or Economics 

  • Experience:  At least 1 year of work experience in a finance related job, with an emphasis on corporate or project finance. Ideally this job involved a significant amount of financial modelling (P&L, balance sheet, cash flow statements). Any experience with day-to-day accounting is a plus 

  • Communication & Language:  Excellent verbal and written English communication skills, with the ability to present information, especially financial figures, in a succinct and intuitive way

  • Continuous Learning:  A passion for learning, networking and staying updated with industry trends. On top, you benefit from our Learning & Development budget of 1,000 EUR per person per year.

What's next?

If you are interested in joining our team, please fill out the application form and we will get in touch with you as soon as possible!

Please note:

At terralayr, we are committed to fostering a diverse and inclusive workplace where everyone's unique talents and perspectives are respected. We firmly believe that our strength lies in the rich tapestry of backgrounds, experiences, and ideas that our team members bring to the table. As an equal opportunities employer, we value and embrace differences and are dedicated to providing a fair and supportive environment for all.

We encourage candidates from all walks of life, regardless of race, ethnicity, gender, gender identity or expression, sexual orientation, religion, age, disability, or any other characteristic, to apply and join our team. We firmly believe that diversity drives innovation, creativity, and success, making us stronger as a collective.

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