Job Description:
Purpose:
With Shell’s energy transition strategy plans to become a net-zero emissions energy business by 2050, Mobility is planning significant near-term investment to develop EV charging sites and installing EV charging points on and off Mobility forecourts with an ambition of 30,000 charging points by 2025. Therefore, a rapid growth in EV business is expected with the new business models including destination charging, mobility hubs and SFS fleet hubs and significant Capex investments are projected in upcoming years (~$800m capex to be invested in the coming 2 years).
In this regard, Shell Turkey New Energies team has accelerated its efforts at the end of 2022 with Project Turnkey which is a partnership with Trugo on deploying high speed EV chargers at 400 Shell Retail sites. Implementation of this project will be phased through 2023 and 2024. Local strategy is to proceed with selective growth opportunities with destination, forecourt EV projects and solar investments.
E-Mobility Finance Advisor will be part of Finance team and will support the New Energies team in ensuring that all economic and financial considerations are appropriately reflected in the investment decision-making process through proposal to review and will make sure the financial framework is rightly set up. Finance Advisor will also be supporting STAS Mobility business with effective performance management to help business to focus on the right financial KPIs on the right time and increase bottom line impact.
Accountabilities:
Primary accountabilities of E-Mobility advisor include the following.
• Contract Management: Support review of E-Mobility contracts alignment with Shell contract standards.
• Business Partnering: Support business to achieve its targets while creating positive collaboration between teams. Close collaboration with Mobility, B2C, SFS, Commercial Fuels teams and finance functions (R&A, Tax, Credit, Treasury, Internal Audit) to identify integrated end to end value of investments.
• Projects: Support strategic reviews and implementation of projects related with E-Mobility. Provide economic and finance input on M&A activities (ie JVs, acquisitions, swaps, divestments) by supporting due diligence, valuations and negotiations. And, ensure that investment proposals support Cash/C5/ROACE/Volume ambitions of the business.
• Post Investment Reviews: Support both local and global post reviews in collaboration with the business, including tracking of performance of assets versus what was included in investment proposals.
• Compliance: Ensure proper authorities are obtained for proposals in line with the Group, Mobility and Corporate MOA.
• Business Risks: In a volatile market environment with complex deal structures, not only look at financial viability but also holistically review all risks to ensure value is safeguarded.
• Operational Excellence: Drive Continuous Improvement in Finance for Network business. Ensure quality of Investment Proposals is in line with Group Standards and that they are tracked timely and correct.
Key Challenges:
• Be instrumental in providing clear insights to support key strategic decision-making. Require strong analytical and communication skills and demonstrate appropriate leadership attributes to engage senior stakeholders, manage multiple priorities against tight deadlines, and understand the key business drivers.
• Ability and keen interest to understand end-to-end business knowledge and rationale of the transactions.
• Business is still in market development phase with nascent regulations, expertise, and standards, but is identified as a strategic lever for the future.
• Working with uncertainty: able to interpretate very often incomplete EV financial data and bring business insights to make business impacts.