Working at CorPower Ocean you will be a part of a world class team, determined to make big impact. We are on a mission to bring reliable and competitive wave energy to the world and are considered one of the sector leaders. As our Finance Director you will be a key player in making that impact by leading and delivering on CorPower’s financial and operational strategies.

 

Role  

As our Finance Director you will oversee the group’s financial strategy, operations and compliance during a time of ambitious growth and development. The Finance Director will ensure the highest standards of financial management and guide how the company manages revenues, investments, expenses and cash flow to achieve its goals across our operations in Sweden, the UK and Portugal. You should be an expert in operational and strategic finance, with deep knowledge and practical experience in accounting. We are seeking someone passionate about driving full range of activities in a tech startup, from managing high-level growth strategy to the most granular accounting and cost analysis of a complex industrial operation.

 

You'll be responsible for all finance and accounting functions of the group, including day-to-day financial reporting, working capital/cash management, financial controls and risk management for our parent company in Sweden and subsidiaries in the UK and Portugal. Financial monitoring and control are key parts of your role, defining and reporting on metrics tied to strategy, funding and project delivery in order to maximize the value of CorPower Ocean.

 

You are commercially minded, and you will be responsible for the financial forecasting. Experience in fundraising strategies and closing external investment rounds is meriting. You will generate financial models and reports in order to accurately presenting our business case to investors, lenders and the board of directors. Together with the Commercial Director and project office you will perform financial analysis of customer projects, involving Cost-of-Energy models and discounted cash flow analysis for wave farms. You will be responsible for due diligence packages to investors and key customers.  

 

Financial reporting and compliance towards our funding entities such as the European Commission, the Swedish Energy Agency and InnoEnergy is a critical part of your work where project-based accounting systems are used for tracking activities, expenses and budgets over our project portfolio. For collaborative projects, involving external partners, you’ll oversee our compliance function ensuring that both CorPower Ocean and our consortium partners implement and uphold our top standard financial policies and procedures.

 

You like taking a proactive approach to problem solving, and you thrive in a fast-paced start-up environment where each day brings a new and fresh challenge.

 

Responsibilities

  • Finance, accounting and compliance functions of the group
  • Budgeting and Financial forecasting of the group
  • Equity fundraising and long-term cultivating of relationship with investors together with company CEO and Commercial Director
  • Creation of strategic partnerships to strengthen our business model
  • Development of business plans and compelling pitch decks
  • Represent the organization in fundraising and industry events
  • Support our accountant in day-to-day finance operations 

Qualifications:

  • Master’s or bachelor's degree in Finance or Accounting
  • Minimum of 10 years industrial experience
  • Experience in raising capital from angel investors, family offices, VC and PE communities is qualifying
  • Excel at building relationships and public-facing communications
  • Strategic, entrepreneurial thinker capable of assessing markets, identifying areas of opportunity, creating business cases, selling cases to potential strategic partners and investors
  • Experience in a manufacturing, energy, cleantech, deep-tech environments is qualifying
  • Good knowledge in FAR’s and BFNAR accounting guidelines, with emphasis on K3 accounting for Swedish limited companies.
  • Group level accounting, with financial consolidation of international operations
  • Highly collaborative, able to and interested in interacting with employees at all levels
  • Experience from ERP systems is qualifying 

As a person:

  • you are striving for excellence, put quality into everything you do
  • you are self-motivated and passionate about your work
  • you always search for the most simple and elegant solutions to difficult problems
  • you are persistent, knowing it takes stamina to reach ambitious goals
  • you are data driven and strive to always back your points with a solid analysis


Or, know someone who would be a perfect fit? Let them know!

Stockholm

Västberga Allé 60
126 30 Hägersten Directions View page

What's in it for you?

  • Our mission

    CorPower Ocean brings competitive wave energy technology to the world, unlocking one of the largest untapped sources of renewable energy - harnessing the natural power of the oceans to help us tackle climate change and achieve a sustainable low-carbon future.

    We are solving a grand challenge that no one else have cracked the code for. With growing global attention to the health of our Earth´s environment, this mission is more important than ever. We find it hard to imagine doing anything more meaningful than this!

  • Your impact

    Each team member works with a high degree of autonomy and flexibility, combined with great personal responsibility. The technical and commercial challenges you will be part of solving are complex, cutting-edge and highly inspiring . Entering the world of wave energy technology with CPO gives you a unique chance to use, improve and hone your skills.

  • Fun!

    It's not all just hard work here at CPO. In reaching our goals we laugh, we care, we are a CPO-family that enjoy both solving challenges and hanging out with each other. During the journey to complete the dream of a better future there will be lots of challenges, but also lots of fun,and tremendous sense of achievement - you don't want to miss it!

  • CPO benefits

    We offer an attractive packages including: competitive base salary, stock options , health & wellbeing support , pension plan, health insurance, and six weeks of paid vacation.

Be part of something great

We are a dynamic, supportive, fun and a truly international team of more than 10 nationalities including industry experts innovators, experienced interdisciplinary engineers and business professionals.

CPO strive to combine the best of world class knowledge from around the world with a true entrepreneurial spirit devoted to developing the best wave energy technology out there .  

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