A career that will deliver change. Together, we’ll help Britain achieve net zero.

Location: London office 2/3 days a week. Hybrid working available. 

Employment Type: Permanent.

Salary: Competitive, car allowance, bonus and other benefits.

Employment basis: The role is expected to be a full-time position however we are open to discussing a more flexible/part-time approach where possible. 

The Opportunity

The SZC Project is a ~£20bn nuclear new build project in Suffolk which is currently seeking planning approval and financing from HMG and investors, with a view to start construction in 2023. When completed, it will provide dependable electricity to 6 million homes for 60 years supporting our objective to help Britain achieve Net Zero by 2050.

As a Head of Treasury, you’ll lead the formation and management of the Sizewell C (SZC) Corporate Treasury function. Reporting to the Chief Financial Officer (CFO), you’ll have the opportunity to define the structure and drive the entire treasury function to exactly balance the cash sources and uses required for the consistent management of the project.

Our teams are set up to work flexibly and we provide a full suite of IT equipment to ensure that our employees can work from home comfortably and effectively when not in the office. 
 

The Role

You’ll be responsible for defining the actions and processes that will manage the cash position of the project, aligning the project requirements managed by the financial teams and drawing on the credit lines raised in the market through the Financing Plan.

You’ll be managing inter-creditors agreements, debt compliance and debt management once credit facilities are negotiated (reporting, covenants, dividend certificates, waivers consents, etc.) and you’ll be accountable for the Funding Model in terms of securing detailed arrangements and schedules to align with the project cash requirements, working alongside the CFO and Financing Programme Manager.

Working in partnership with the Head of Investor Relations, you’ll build engagement with potential investors to understand their views within the development of the Funding Model and Financing Plan. 

The role will allow you to work closely with the Chairman, CEO and CFO to ensure financial arrangements support the stakeholder governance structure and reports to the Finance Committee of the company.
 

The Skills

You’ll bring your proven ability of establishing/structing and leading a corporate treasury function/department at a senior level. 

Extensive experience in delivering significant capital raising exercises and management of financial covenants and other debt document requirements is highly desirable.

You may have financial portfolio experience, for example previously operating cash lines management for a portfolio of assets; implementing a financing plan to raise debt and developing hedging instruments to minimise risk and provide cost certainty. 

Good working knowledge of financing aspects and legal arrangements to finance / develop new infrastructure, ideally in a regulated environment is extremely beneficial. 

You’re likely to be qualified to a degree level whether that may be in Economics, Finance or Engineering. 

Power in Diversity

Sizewell C is a great place to work, where everyone is welcome.

To fulfil our commitment of doing the power of good for Britain, our ambition is to have a workforce which reflects and benefits the society we are part of and serve.  Every worker on SZC, wherever they are, should help to create and experience the right environment where everyone on the team understands, respects and embraces diversity with a culture where everyone is treated with equal respect and are all given equal access to opportunities.  By valuing the different points of view and experiences that having a diverse team brings, and by fostering an inclusive climate, we will create a great place to work and a more successful project. 

We create the right environment where people feel able to bring their whole selves to work. Whilst working together there is mutual trust and appreciation created through the building of meaningful relationships with one another.

Everyone is able to get the most from their work and the workplace, and in return, give their best.
 

Competitive Salary and Benefits

We’re dedicated to offering flexible benefits that support our people across all aspects of their lives and we’re delighted to offer a range of benefits to support our employees’ physical, emotional and financial wellbeing. 

In addition to a competitive salary, we offer a market-leading company pension scheme, paid holidays and a range of flexible benefits, such as: a company incentive bonus plan, health cover, cycle to work scheme, discounts and employee pricing.

Please let us know if you’d like to discuss flexible working arrangements by highlighting this on your application.