Consultant, Financial Advisory Energy Market and Rates Consultants Limited
Full-time
Energy Market and Rates Consultants (EMRC) is a consulting firm that provides strategic, technical, financial, regulatory and digital advice across the energy and infrastructure sectors. Our work covers electricity market development, energy regulation, utility transformation, financial advisory, energy transition, institutional development and digital solutions. Our clients include governments, regulators, utilities, development finance institutions, investors and private companies. Our success depends on the quality and performance of our people. As we grow, we are looking for an experienced HR leader to head our People, Culture & Capacity Building function. In this role, you will lead how we hire, develop, engage and keep talented professionals, build a strong workplace culture, and grow our training services for clients in the energy and power sector.
We are recruiting to fill the position below:
Job Title: Consultant, Financial Advisory
Location: Abuja Employment Type: Full-time (On-site)
Job Description
EMRC is seeking a Consultant, Financial Advisory to join its Financial Advisory Unit and support the delivery of financial, commercial and investment advisory assignments across the firm.
Financial Advisory will be the successful candidate's core area of specialisation. The Consultant will have primary responsibility for developing and reviewing financial models and conducting financial and commercial analysis across EMRC assignments.
However, the role is not limited to financial modelling. As with other EMRC consultants, the successful candidate will work across multidisciplinary assignments and may contribute to projects outside their primary specialisation where their analytical and consulting skills are relevant. This may include research, quantitative analysis, stakeholder engagement, report preparation, presentations, project coordination and proposal development.
The role requires a strong consultant and hands-on financial modeller who can understand complex project and client problems and translate technical, regulatory, operational and commercial information into robust financial analysis and practical recommendations.
Responsibilities Financial modelling and analysis:
Structure and develop financial and commercial models from first principles for energy, utility and infrastructure assignments.
Develop revenue, cost, cash-flow, investment, tariff, business-case, utility and project-finance models.
Develop integrated financial models incorporating income statement, balance sheet and cash-flow relationships where required.
Model relevant financing, debt, working capital, capital expenditure, depreciation, taxation and other financial assumptions.
Conduct investment appraisal using appropriate metrics including net present value, internal rate of return, payback period, debt-service coverage and other relevant indicators.
Analyse historical financial, operational and commercial data and develop appropriate forecasts.
Conduct scenario, sensitivity, break-even and risk analysis.
Develop financial and commercial scenarios relating to tariffs, revenue, demand, operating costs, capital expenditure, losses, collections, financing and other relevant project drivers.
Review existing financial models developed internally or by clients and third parties, identifying formula errors, structural weaknesses, inconsistencies and unsupported assumptions.
Assess the commercial reasonableness of model assumptions and interpret outputs in the context of the underlying project, market and regulatory environment.
Apply appropriate model integrity checks, reconciliations and controls to ensure that models are accurate, internally consistent, transparent and capable of independent review.
Prepare clear assumptions documentation, model guides and supporting materials.
Present financial analysis, key sensitivities, risks and recommendations clearly to project teams and clients.
Financial and commercial advisory:
Support the preparation of feasibility studies, financial assessments, investment plans, business cases and commercial strategies.
Assess the financial viability, affordability and sustainability of proposed projects, investments and interventions.
Support utility financial analysis, including revenue requirements, operating costs, capital expenditure, collections, losses, cash flow and financial sustainability.
Evaluate financing options, funding requirements, repayment structures and alternative commercial scenarios.
Translate technical, regulatory and operational information into appropriate financial and commercial assumptions.
Support investment analysis, project appraisal, transaction analysis, financial due diligence and commercial reviews where required.
Contribute to the development of practical financial and commercial recommendations for clients.
Support the assessment of infrastructure and energy investments across different technologies, business models and market structures.
Consulting and project delivery:
Contribute to multidisciplinary consulting assignments across EMRC's areas of work.
Conduct research, data collection, benchmarking, market analysis and quantitative analysis.
Analyse complex datasets and translate findings into clear conclusions and recommendations.
Prepare high-quality reports, presentations, briefing notes and other project deliverables.
Participate in client meetings, interviews, workshops and stakeholder consultations.
Support project planning, coordination and delivery in line with agreed timelines and quality requirements.
Work closely with technical, regulatory, policy, energy-transition, market-research and digital-systems teams.
Take ownership of assigned workstreams and deliverables and manage them through to completion.
Support other EMRC assignments where the Consultant's analytical and consulting capabilities are relevant.
Business development and knowledge development:
Support the preparation of technical and commercial proposals, expressions of interest and capability statements.
Develop financial, commercial and analytical inputs for proposals led by other EMRC teams.
Contribute to the development and continuous improvement of EMRC's financial-advisory methodologies, modelling approaches, templates and analytical tools.
Support the maintenance of high standards for financial-modelling quality, documentation and review.
Contribute to internal knowledge sharing and financial-modelling capability development across the firm.
Identify opportunities for financial and commercial advisory support within existing and prospective assignments.
Contribute to project credentials, case studies, market insights and other knowledge materials.
Requirements Required qualifications and experience
Bachelor's Degree in Finance, Accounting, Economics, Business, Engineering or another relevant discipline.
Relevant professional experience in financial modelling, financial advisory, infrastructure consulting, investment analysis, utility finance, project finance, transaction advisory, corporate finance or a related field.
Demonstrated ability to independently structure and develop financial models from first principles.
Strong understanding of financial statements, cash-flow forecasting, investment appraisal and commercial analysis.
Good understanding of the relationships between revenue, operating costs, capital expenditure, financing, taxation, working capital and cash flow.
Demonstrated experience conducting scenario and sensitivity analysis.
Advanced proficiency in Microsoft Excel.
Strong analytical, numerical and problem-solving skills.
Ability to assess the commercial reasonableness of assumptions rather than relying solely on model outputs.
Strong written and verbal communication skills.
Ability to explain complex financial concepts and model outputs clearly to clients and colleagues without specialist finance backgrounds.
Ability to work effectively within multidisciplinary consulting teams.
Ability to manage multiple assignments and responsibilities while maintaining high standards of accuracy and quality.
Preferred experience and training:
Experience in the power, renewable-energy, utilities, infrastructure or wider energy sector.
Experience developing utility, tariff, infrastructure, project-finance, investment, valuation or integrated financial models.
Experience working in consulting, transaction advisory, infrastructure finance, project development or another advisory environment.
Experience preparing feasibility studies, investment plans, business cases, financial assessments or due diligence reports.
Experience working with governments, regulators, utilities, development institutions, investors or private infrastructure developers.
Familiarity with Nigerian or African energy and infrastructure markets.
Practical training or certification in financial modelling, valuation, project finance or financial analysis, such as the Financial Modeling & Valuation Analyst (FMVA) certification or an equivalent recognised programme.
Relevant professional accounting, finance or investment qualifications may be an advantage but are not mandatory.
Experience reviewing financial models developed by other professionals.
Competencies:
Strong financial and commercial judgement.
Structured and logical thinking.
High attention to detail and commitment to accuracy.
Strong problem-solving ability.
Ability to understand technical, operational and regulatory information and identify its financial implications.
Ability to interrogate assumptions and challenge analysis where appropriate.
Ability to work independently while recognising when issues require escalation.
Strong consulting and client-engagement skills.
Clear and professional written and verbal communication.
Intellectual curiosity and willingness to work across unfamiliar subject areas.
Initiative and a strong sense of ownership.
Ability to collaborate effectively across different technical disciplines.
Commitment to continuous learning and professional development.
Selection process: The selection process will assess both consulting capability and practical financial-modelling ability and may include:
Review of professional experience and previous financial-modelling work.
A practical financial-modelling assessment.
A financial-model review and error-identification exercise.
Presentation and defence of financial analysis.
Technical and competency-based interviews.