Drax Group is a FTSE 250 UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It is the UK's largest source of renewable electricity. The company also operates a global bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.

The Group employs 3,400 people in the UK and North America.

Enabling a zero carbon, lower cost energy future is Drax Group's purpose and in 2019, it announced a world-leading ambition to be carbon negative by 2030, using Bioenergy with Carbon Capture and Storage (BECCS) technology to remove carbon dioxide (CO2) from the atmosphere at scale whilst delivering reliable renewable electricity.

Role

The Head of FP&A is a Senior Finance role, essential to delivering high quality, timely and insightful financial planning and analysis, both short and long term, for the entire Drax Group. The key responsibilities include delivering best in class group wide planning and reporting and the related systems and processes, to ensure that robust KPI's, measures and targets exist across the business, aligned to business needs and strategy.

Key Responsibilities

• Lead the groupwide annual plan, long range plan and Qtly reforecast process, including reporting to and gaining acceptance / approval from Excom and Group Board;
• Drive forecast and budgeting processes, working with business leaders to agree challenging, robust and deliverable forecasts;
• Develop robust sensitivity analysis around forecasts, understanding impacts of power prices;
• Develop the modelling function, including people, external resourcing, policy and approach to support the Group's growth ambitions;
• Co-ordinate the financial planning and reporting calendar across Drax, ensuring full clarity around timetables, deliverables and expectations among all stakeholders;
• Deliver the monthly reporting of performance to the Excom and Group Board;
• Work closely with Treasury team on cash flow forecasting and refinancing;
• Develop, maintain and continually evolve a KPI framework for monitoring and assessing groupwide business performance and progress against achievement of short range and long-term strategic plans;
• Select and implement leading edge tools to make the KPI framework readily accessible and easy to maintain, ensuring consistent and high quality up-to date information and analysis is available to key decision makers (Excom, Group Board, Senior Managers);
• Support and work closely with Strategy team on CAP committee, M&A and strategy;
• Ensure all risks and opportunities to delivery of Drax financial forecasts are identified, owned and actioned so to provide confidence in delivery of targets;
• Build, lead, motivate, train and develop the FP&A team within agreed policies and practices to maintain an effective workplace capable of meeting its objectives.

Knowledge/Skills & Experience Required

• Qualified Accountant - CIMA/ACCA/ACA with Big 4 experience preferred with extensive PQE.
• Recent and relevant experience developing Planning and Reporting tools and the framework required to deliver high quality and insightful analysis.
• Experience running a rolling forecast process.
• Ability to present information to a wide range of end users with impact and clarity; an excellent communicator able to present and influence at all levels of the organisation.
• Significant high-quality experience gained working across the Executive and Senior Management team in a fully listed PLC environment. Previous experience in the energy sector a strong advantage.
• Exceptional analytical and problem-solving skills.
• Technically astute, commercially aware and action orientated, with the natural inclination to challenge the norm.
• Experience supporting and developing M&A opportunities and assessing strategic plans.
• Results orientated with ability to drive both themselves and their team hard when required, coupled with the resolve, resilience and energy to deliver.