Modelling Associate – Madrid
Role’s Objectives:
This role, which reports to the Business Development Manager, will be a key member of this team. Based in Madrid, the Economic Modelling Associate will support and create project techno-economic models.
Responsibilities will include:
Build and apply understanding of the techno-economic implications of modelling methodologies to optimize models.
* Planning and execution of all project models, ensuring profitability by accurately reflecting costs, taxes, and other factors in complex models that consider inputs from the technical, project development and regulatory angles.
* Updating, fine tuning and stressing the techno-economic model tools as needed. The maximization of the hydrogen production and the renewable energy generated while ensuring the profitability of the project (IRR and NPV calculation) is required for every project. It is expected that this will be a significant task, given the complex set of parameters that must be considered when building comprehensive and solid project economic models in a dynamic sector such as hydrogen.
* Perform targeted model runs, e.g. sensitivity analyses of key scenarios, using knowledge and experience to translate policy-related questions and technology-related questions into the modelling framework.
* Collaborating with various teams to ensure accurate inputs and completeness of economic models, providing a joint decision-making procedure.
* Challenging assumptions, benchmarking, and identifying contingencies to mitigate risks and optimize opportunities.
* Providing support to the management team and creating value by assessing investment proposals and presenting them to other team members and top executives.
* Produce high quality summaries and analyses of modelling work for internal and external audiences (technical advisors / off takers.)
Necessary Skills & Experiences
* Bachelor’s degree in Engineering, Economics, Business Administration.
* At least 4 years in economic modelling with proven analytical experience in developing and operating data and modelling frameworks and high quality analyses within the energy sector.
* Experience in complex models with associated high levels of detail. Extensive experience of undertaking and leading complex analysis or modelling in an energy context.
* Ability to distil key messages from complex source data/reports.
* High level of proficiency in Microsoft Excel is a must.
* Strong analytical capacity. Ability to understand and critique economic analyses, business strategies or public policies with an energy sector focus.
* Communication skills.
* Fluent in English.
* Commitment to teamwork and excellent interpersonal skills, able to articulate and work with a diverse team of colleagues with backgrounds across science, engineering, business, economics and policy.
* Bright, dedicated and outcome focused
* You will be down-to-earth with a humble approach which will fit with lean and collegiate corporate structure and culture.
* As a platform in a period of high-growth, has an entrepreneurial culture with a flat hierarchy; therefore, you will be a driven, ambitious, self-starter.
