Director - Power & Utilities - Transactions & Energy Transition

KPMG United Kingdom; London; On-site; GBP 60,000 - 120,000; Full time

Job description

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Job description

The Team

Infrastructure Advisory Group (IAG), a part of KPMG Deal Advisory in the UK, consists of c400 professionals and is widely recognised as a leading independent business, financial and regulatory adviser in the infrastructure space. The group has won many awards, including Financial Advisor of the Year (Infrastructure Journal) for several years. The group has presence across the UK and is organised on a national basis, operating under a single national cost centre.

We provide in-depth advice on strategic, financial, regulatory and commercial issues driving investments in infrastructure across Transport, Power & Utilities, and Social Infrastructure in the UK and globally. Our work includes market and policy design, economic and regulatory analysis, deal structuring and execution, as well as strategic and transaction advice to enable private and public capital to fund infrastructure. We work closely with other functions within KPMG to advise clients on mergers and acquisitions, due diligence, valuations.

Power & Utilities (P&U), led by Dr Matt Firla-Cuchra, counts c85 FTEs is the largest business area of the IAG and encompasses work for major clients in the sector, including all UK utilities as well as some of the largest energy and water companies in Europe and beyond. We provide in-depth strategic and technical advice on strategy and business planning and analysis, corporate finance and corporate financial management, regulatory policy, cost assessment and benchmarking as well as in other areas to help our clients create value for both shareholders and customers. Our work combines elements of policy, finance, strategy and economics to assist our clients in structuring investments, securing financing, supporting regulatory regimes for the benefit of customers as well as maximising shareholder value. We are widely recognised by many industry stakeholders as market leaders influencing the future of the utilities sector.

Our P&U business is currently divided into six practices: Water Regulation, Energy Regulation, Finance, Projects, Transactions & Energy transition, and Cost Benchmarking, and is continuously expanding with double digit growth over the last 10 years. As such we are looking for high quality candidates to support our growth and development of existing and new service lines, while building on the work already undertaken in the Group.

The Role

You would be joining the Transactions & Energy transition sub-team of P&U. The team counts 10 FTEs and has delivered strong growth in recent years.

The Transaction & Energy Transition Director will provide leadership to the team, working closely with the team's Managing Director.

Roles & Responsibilities

• Providing leadership to the Energy Transition part of the Transactions & Energy Transition team (target size of 10-12 consultants)
  • Providing energy transition advice to regulated and other utilities in the UK
  • Providing strategic, market and regulatory advice, to corporate and infrastructure fund clients, on energy transition segments such as energy efficiency, connections, metering, renewable generation etc.
• Supporting the Transactions part of the Transactions & Energy Transition team:
  • Providing strategic, commercial and regulatory due diligence advice on large and complex transactions, leveraging the specialist skills across the P&U team (strategy/market/regulation/cost benchmarking etc)
  • Providing M&A and financial advice to clients on energy transition sectors, jointly with the KPMG Corporate Finance team
• Building enduring client relationships and becoming the go to person for our clients on projects and relevant market opportunities.
• Leading client engagements on a day-to-day basis
• Maintaining a good understanding and expertise in energy networks, water, energy efficiency, connections, metering, renewable generation
• Ensuring KPMG's quality and risk management procedures are completed to the appropriate standard.
• Performance management, coaching and mentoring of team members.
• Being a role model for staff and for the firm's values

The projects that you will advise on will be high profile and varied focusing on energy transition of large and medium-size corporations. For example, the team has recently provided:

• commercial advice on a takeover of a major energy company in Europe,
• advised on the gas market prospects and dynamics in the context of a takeover of a large gas distribution company in the UK,
• advised on the business options for unregulated businesses of water companies,
• advised gas network companies on the policy requirements for hydrogen,
• advised a large utility on defining future energy scenarios in the UK and the impact on future totex and regulatory parameters, in the context of a transaction
• completed a strategic review of an energy efficiency company in Europe
• supported large regulated utilities on their strategies to deliver net zero and business plans more generally,
• helped to consider business strategies on major nuclear projects.

The Person

Skills, Qualifications & Experience

• You will already have demonstrable of experience in Consulting (strategy / management) in the energy sector, or M&A advisory in the Power & Utilities sector
• Experience of working on energy transition sectors such as regulated utilities, energy efficiency, C&I solar, C&I decarbonisation, connections, metering, renewable generation
• A strong track record of leading a team, and both winning and delivering advisory services to large energy companies
• Understand how emerging Net zero technologies can impact businesses and how they can be successfully implemented
• Have strong knowledge of business planning, strategic considerations, corporate decision making, scenario analysis, and investment appraisal;
  Strong academic background
• Have experience and understanding of key elements of energy policy and economic regulation of utilities Ability to work at pace and during intense periods of live transactions
• Excellent presentation and communications skills
• Strong commercial awareness
• Have a go get attitude and a will to succeed, with experience of opening up opportunities
• Be an independent thinker with the ability to identify and solve problems
• Excellent presentation and communications skills