Commercial Investment Manager

Location:
Victoria, Australia

Custom Field 1: Permanent Full Time

Description:

When you choose AusNet, you'll join genuine people working together, making Real. Progress

At AusNet, we're the link between renewable energy sources and local communities, playing a key role in the clean energy transition and providing essential energy to every Victorian family.

Help us lead the way, while enriching your career with real people who encourage you to bring your best and make real impact – for your career, our communities, and Australia's cleaner energy future.

Purposeful work with genuinely good people. That's refreshing.

The objective of this role is to work closely with the Senior Investment Manager to price, negotiate, progress governance and execute commercial deals related to the growth of AusNet's contracted infrastructure portfolio in Development & Future Networks (D&FN).

The D&FN portfolio includes investing in large scale batteries, large transmission network augmentations and working closely with renewable generators and hyperscale data centre customers to connect to the transmission network through dedicated connections.

As the Commercial Investment Manager, you will take accountability for a number of simultaneous opportunities to ensure that the commercial, technical, financial and customer requirements are aligned and that final contracts negotiated meet AusNet's risk and return thresholds.

This role will deliver real outcomes, including but not limited to:

• Lead the identification, assessment and mitigation of commercial risks through effective pricing, contracting and insurance strategies.
• Lead the negotiation with customers to ensure project wide value is optimised and realised across all parties involved in the transaction while mitigating risks.
• Lead the preparation of investment business cases for new investment opportunities in preparation for executive and board review (as and when required);
• Present approval papers and business cases to relevant executives and delegates in seeking approvals specific to new infrastructure deals or variations.
• Liaise with and build trusting relationships across the AusNet Services business with various internal stakeholders and ensure stakeholders are well informed during the negotiation process; utilising their feedback as subject matter experts, including Treasury, Finance and Legal.
• Lead objective commercial and pricing build up and provide commercial insights to the AusNet D&FN team
• Lead and support:
• The submission of Business Cases for new investment opportunities
• Negotiation of supplier contracts (including back-to-back of obligations with customer contracts).
• Capital investment proposals.
• Partnering arrangements; and
• Insourcing / outsourcing decisions
• Oversee communications between suppliers and contractors to ensure that AusNet D&FN can deliver projects within time and budget with sufficient contractual protections. Projects and contract values can be up to $250 million per contract; and
• Work closely with Procurement to ensure the tenders and supply agreements sufficiently protect AusNet D&FN by ensuring relevant back-to-back contracting frameworks are in place between customers and suppliers to minimise direct risk to AusNet

You don't need to check every box; however, we are looking for a good combination of:

• A relevant tertiary qualification in finance, commerce, law, engineering or associated discipline.
• Completion of post graduate studies (e.g. MBA / ICAA / CPA) and/or chartered environment experience preferred.
• Minimum of 7 years' experience in commercial negotiations.
• Further experience in financial management in the energy industry or critical infrastructure is favourable.
• Well versed in corporate finance principles and infrastructure asset pricing.
• Detailed understanding of and ability to negotiate contracts, manage contracts and properly allocate risks across various stakeholders.
• Strong attention to detail and analytically minded.
• Excellent written and verbal communication skills which evidence a high capacity to influence at all levels including executives.
• Ability to work within and contribute to a team with team members across various disciplines including finance, commercial, technical and delivery.
• Good interpersonal skills that enable communication and work with all levels of internal stakeholders and external customers and suppliers.

A real place to belong.

We celebrate unique voices, refreshing perspectives and diversity in our team. Engage and connect through our social club, family day, wide range of events or by joining one of our Employee Network Groups.

We believe in more than just competitive pay. Here's what sets us apart:

• Flexibility: whether this is hybrid work, flexible hours, or part time arrangements, we'll work with you to help balance work and life.
• Leave: more than typical personal leave and a generous 14 weeks of paid parental leave, with no minimum service.
• Community giving: a paid day to volunteer with our social impact partner, Foodbank or for a cause that matters to you.
• Perks: we offer all the other perks you've come to expect like purchased leave, income protection insurance, novated leasing, corporate discounts, private health cover discounts and more.

As an industry in transformation, we're excited by the possibilities ahead.

So, if you're passionate about our purpose and committed to making real progress, bring your energy and join AusNet. Together, we can shape a new way forward.