Department Description

■Department
Global Business Development Div. and Finance & Planning Div.

This department promotes renewable energy development projects in Korea.
Responsibilities include financial and corporate management of project companies (SPC), as well as accounting, tax, and budget management for local subsidiaries.

■Department Structure
Korea Business Department: 7 members (1 manager, 6 business development members);
Accounting Department: 13 members (1 manager, 12 members)

Job purpose

Role 1: Project CFO for SPC in Korea
・Lead the establishment and operation of accounting, tax, and fund management tasks
・Formulate SPC budgets, analyze budget performance, update financial models, and report to stakeholders
・Lender relations: Based on senior debt arrangements, manage financial reporting, covenant compliance, and communication with lenders during construction and operation
・Develop SPC authority regulations and mechanisms to ensure compliance with legal procedures

Role 2: Financial, Accounting, and Budget Management for Korean Local Subsidiary (RRK)
・Oversee RRK accounting, tax, and fund management tasks
・Take final responsibility for monthly/annual closing, audits, and corporate tax filings
・Establish and maintain compliance with Korean accounting standards and tax laws
・Report RRK accounting and tax matters to RENOVA headquarters
・Oversee RRK cash management
・RRK budget management
・Consolidate budgets for various Korean projects, lead budget formulation, variance analysis, and monthly management reporting, and report to RENOVA headquarters

Role 3: Respond to new accounting and tax tasks in renewable energy development projects outside Korea"

Onboarding Image

(6 months to 1 year)

・For SPC Project CFO:
In the first month,
receive explanations from the relevant department about how to establish this function in Japan.
Through dialogue with related departments (EPC, FP, OP, GB, Legal), understand expectations and set goals for SPC management.
Depending on progress, gradually take on Role 1 from the second month.

・For accounting, tax, and budget management:
In the first month, receive skill transfer from HQ accounting, management,
and overseas business departments.
Depending on progress, gradually take on Role 2 from the second month.

・Reporting line will be to the FP department head for the time being to acquire know-how

・Regular 1-on-1s with Korean members for effective onboarding and collaboration

・Regular 1-on-1s with supporting departments (overseas business, FP, EPC, OP, GC, Legal) to support role execution as SPC CFO"

Attractions

Why Join Renova
• Be part of a mission-driven company tackling climate and energy challenges
• Be part of its expansion journey of Renova’s Philippines office from the early stages
• Work on pioneering projects in solar, wind, and energy storage
• Collaborate with top-tier professionals in Japan and globally

Capability/ Experience Required (Must)

・Certified Public Accountant (CPA) or equivalent accounting/finance qualification
・Over 10 years of practical experience in finance, accounting, tax, and internal controls, with at least 5 years in management roles
・Experience in project finance, fundraising, or financial management in power generation, infrastructure, or large-scale projects
・Deep knowledge of Korean accounting standards and tax laws
・Ability to practically lead accounting, tax, and budget management for Korean local subsidiaries (RRK) and SPCs
・Deep knowledge of International Financial Reporting Standards (IFRS) and international taxation
・Business-level or higher English proficiency (written and spoken)"

Capability/ Experience Required (Plus)

・Practical experience in the renewable energy or power sector in Korea
・Experience in financial and contract management under SPC governance, especially collaboration with joint venture partners
・Legal/contractual perspective to understand contracts such as SHA and apply contractual rights and obligations to financial operations