Financial Controller, RheEnergise

Salary not provided

Offers share options

Senior and Expert level

London

Minimum of 20% in office

1 day a week in office (Gospel Oak / Kentish Town, London)

Pumped energy storage

Open for applications

Pumped energy storage

21-100 employees

B2CB2BEnergySustainabilityManufacturingEnvironmental

Open for applications

Salary not provided

Offers share options

Senior and Expert level

London

Minimum of 20% in office

1 day a week in office (Gospel Oak / Kentish Town, London)

21-100 employees

B2CB2BEnergySustainabilityManufacturingEnvironmental

Company mission

To bring fresh innovation to the world’s dominant form of storage: pumped hydro storage.

Job

Company

Role

Who you are

Qualifications: Graduate Qualified Chartered or Management Accountant
Experience: Experience in accounting and finance, and investment experience or alternatively strong interest in investment; ideally with startup experience
Technical Skills: Strong proficiency in financial modelling
Analytical Skills: Ability to analyse complex financial data and draw insightful conclusions
Communication Skills: Excellent written and verbal communication to effectively present financial information to stakeholders
Adaptability: Comfortable working in a fast-paced environment with evolving priorities

What the job involves

Overseeing all aspects of the company's financial operations - playing a critical role in managing cash flow, accounting, budgeting, financial reporting, and compliance, providing strategic financial insights to leadership, and ensuring the company's financial health while navigating the dynamic environment of a growing pre revenue innovator
The second wing of this role is to be the prime financial analyst and support to the CFO and wider team in the area of investment management both equity and non-dilutive sources
This is an exciting aspect of the role and encompasses the whole of the investment lifecycle, from identifying potential sources of finance through the investment process to the closing of investments and investor relations thereafter

Salary benchmarks

Our take

It is generally accepted that we are in the height of a climate crisis, and large foundational changes need to be made to our everyday systems in order for us to mitigate the impact of this. This is what RheEnergise believes it can contribute to with its energy storage solution, known as High-Density Hydro.

While hydro storage solutions do exist widely today, RheEnergise's systems can be put into smaller hills rather than large mountains, as the fluid it uses is 2.5x denser than water meaning it can carry 2.5x more energy, making it more widely applicable. The company also takes pride in the fact that HD Hydro is a much more cost-effective energy storage solution, offering the greatest flexibility to the power grid.

RheEnergise is in a market where the scale of opportunity is growing massively - BloombergNEF predicted the energy storage market to be worth $620B by 2040, whilst Wood Mackenzie forecast a need for 1TWh of energy storage by 2030. The company has already done an extensive survey as to where its product could be implemented, and with little direct competition and encouraging funding, it’ll be exciting to see what it does next.

Freddie

Company Specialist at Welcome to the Jungle

Company

Funding (1 round)

Dec 2022

$0.3m

GRANT

Total funding: $0.3m

Company benefits

Flexible working. We trust you to do your job and will try and accommodate your needs as best we can.
Bright, airy office space right next to Hampstead Heath
Equal Opportunities
25 days holiday a year (plus UK public holidays)

Company HQ

City of London, London, UK

Leadership

Stephen Crosher

(CEO)

Previously worked as CCO for X-Wind Power Limited & MD for Fleet Renewables. Co-founded RheEnergise in 2019.

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