NSTA 455 Senior Licensee Finance Advisor

Posted 1 day 18 hours ago by Sea Transition Authority, AB1

Permanent
Not Specified
Public Sector Jobs
Scotland, United Kingdom
Job Description
NSTA 455 Senior Licensee Finance Advisor NSTA 455 Senior Licensee Finance Advisor

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Our goal is that the NSTA continues to be a 'Great Place to Work'. Offering a flexible 37-hour week working environment with hybrid model (40% office working) and up to 2 accruable flex days per month. Work life balance is very important to us with a workplace culture that fosters collaboration, respect, and professionalism. In addition, we offer a range of benefits including a competitive pension - employer contribution (28.97%).

Brief overview of role

This is an exciting opportunity to play a key role in the team responsible for shaping and actioning the NSTA's approach to difficult and complex questions about the financial health of our licensees both now and in the future and putting that approach into practice.

This role would require a qualified accountant or corporate finance professional looking for a new challenge. The role offers the experience of working in the public sector and the opportunity to gain exposure to industry leaders in some of the UK's largest and most technically and commercially complex industries, including both oil & gas and carbon capture and storage.

In performing their role, the successful candidate will need to employ both financial and commercial knowledge and experience, working closely with other team members, to balance the benefits of attracting and retaining investment against any risks associated with that investment. This will include forensic due diligence of licensees and investors to inform the NSTA's decision makers as to the level of financial risk associated with a wide variety of decisions associated with operational and M&A activity within the industry. The successful candidate will also assist the other team members in identifying potential longer term financial threats to the basin and have involvement in due diligence of other areas of importance to the NSTA relating to non-financial matters such as the quality of an entity's governance structures and its ESG disclosure.

The role will require liaison with senior financial officers of licensees and senior colleagues from the Regulation and Operations directorates of the NSTA and across Government. To be successful the post holder will need to be comfortable building strong professional relationships both inside the NSTA and out.

Detailed job description and key responsibilities

Reporting to the Senior Financial Manager, the role requires an aptitude for solving complex, contentious and sometimes high-profile problems and independent working.

The successful candidate's duties will include:

Undertaking financial diligence and analysis that will play a significant role in informing the decision-making activities of the NSTA.

I nterrogating complex financial models, using deep knowledge and experience of financial reporting, commercial activities and funding structures to work efficiently by focusing in on key areas of potential risk across a wide variety of scenarios.

Interacting with senior individuals within industry to obtain information required to carry out the role, including clearly and robustly articulating why the NSTA requires certain information to carry out its regulatory duties.

Developing strong working relationships with colleagues across the NSTA to enable technical and operational factors to be factored into financial analysis.

Making, and effectively documenting, evidence-based judgements as to the financial risks associated with future events, the true outcome of which may be highly uncertain and subject to a myriad of influencing factors.

Articulating these judgements to senior figures in the NSTA to enable them to effectively defend decisions when the NSTA's position is challenged via a Judicial Review or other legal process.

Working independently and prioritising workload to support the wider NSTA decision making process.

Assisting senior team members in reviewing and refining the NSTA's policies and procedures for assessing licensee financial capability.

Supporting the NSTA's approach to identifying commercial or transactional trends that increase the level of overall financial risk in the basin over the longer term and in identifying potentially financially vulnerable licensees.

Supporting the Senior Finance Manager and Head of Licensee Finance in managing relationships with licensees in financial difficulties and working with them, their advisors and other bodies potentially affected to find solutions acceptable to all parties.

Assisting with non-financial related diligence activities that the NSTA undertakes including the adequacy of corporate governance structures, the implementation of fit and proper requirements and reviewing the quality of ESG related disclosures.

Person specification

Competence 1: Decision Making & Judgement

Effectiveness in this area includes showing clarity of thought, flexible prioritisation, evidence-based analysis to evaluate options before arriving at well-reasoned justifiable decisions. The incumbent will deliver evidence-based strategies, evaluating options, impacts, risks and solutions.

Competence 2: Delivery

Effectiveness in this area is about working to agreed goals and activities and dealing with challenges in a responsive and constructive way, often working alongside colleagues to deliver success. This also involves building a culture of strong performance allowing delivery of outcomes with a firm focus on prioritisation and addressing performance issues resolutely, fairly and promptly

Competence 3: Collaborating, Influencing and Including

Effectiveness in this area requires collaborative working, sharing information and building supportive, responsive and respectful relationships with colleagues and stakeholders, whilst ensuring assumptions are challenged in order to influence outcomes to meet the NSTA's goals and objectives.

Competence 4: Strategic and Commercial Thinking

The incumbent will demonstrate a commercial and sustained mindset and focusing their contribution on the activities which will meet the NSTA's organisation goals and also recognising how these fit with wider UK priorities, such as the move to net zero carbon by 2050.

Specialist Skills, Qualifications, Experience, Licenses, Memberships or Language The incumbent will demonstrate a commercial and sustained mindset and focusing their contribution on the activities which will meet the NSTA's organisation goals and also recognising how these fit with wider UK priorities, such as the move to net zero carbon by 2050.

Specialist Skills, Qualifications, Experience, Licenses, Memberships or Language

A n ability to prioritise and take a key role in a small team with competing priorities.

Our goal is that the NSTA continues to be a 'Great Place to Work'. Offering a flexible 37-hour week working environment with hybrid model (40% office working) and up to 2 accruable flex days per month. Work life balance is very important to us with a workplace culture that fosters collaboration, respect, and professionalism. In addition, we offer a range of benefits including a competitive pension - employer contribution (28.97%).

Brief overview of role

This is an exciting opportunity to play a key role in the team responsible for shaping and actioning the NSTA's approach to difficult and complex questions about the financial health of our licensees both now and in the future and putting that approach into practice.

This role would require a qualified accountant or corporate finance professional looking for a new challenge. The role offers the experience of working in the public sector and the opportunity to gain exposure to industry leaders in some of the UK's largest and most technically and commercially complex industries, including both oil & gas and carbon capture and storage. In performing their role, the successful candidate will need to employ both financial and commercial knowledge and experience, working closely with other team members, to balance the benefits of attracting and retaining investment against any risks associated with that investment. This will include forensic due diligence of licensees and investors to inform the NSTA's decision makers as to the level of financial risk associated with a wide variety of decisions associated with operational and M&A activity within the industry. The successful candidate will also assist the other team members in identifying potential longer term financial threats to the basin and have involvement in due diligence of other areas of importance to the NSTA relating to non-financial matters such as the quality of an entity's governance structures and its ESG disclosure. The role will require liaison with senior financial officers of licensees and senior colleagues from the Regulation and Operations directorates of the NSTA and across Government. To be successful the post holder will need to be comfortable building strong professional relationships both inside the NSTA and out.

Detailed job description and key responsibilities

Reporting to the Senior Financial Manager, the role requires an aptitude for solving complex, contentious and sometimes high-profile problems and independent working.

The successful candidate's duties will include:

Undertaking financial diligence and analysis that will play a significant role in informing the decision-making activities of the NSTA.

I nterrogating complex financial models, using deep knowledge and experience of financial reporting . click apply for full job details