Financial Modelling Analyst

Base Location: Madrid or Bilbao, Spain

Salary: €Competitive depending on experience + performance-related bonus + a range of benefits to support your finances, wellbeing and family.

Working Pattern: Permanent| Full Time | Flexible First options available

The role

We’re looking for a Financial Modelling Analyst to join our Business Development Team in Southern Europe team and help shape SSE’s investment, M&A and bidding strategy across the region. This is an exciting opportunity to work on high-impact renewable energy projects as we accelerate the transition to Net Zero.

You’ll play a key role in assessing development assets, analysing complex transactions, and supporting decision-making at the highest levels of the business, including Executive Committees.

You will

• Build and maintain advanced financial models to support investment appraisals, M&A transactions and competitive bids across renewable energy technologies.
• Carry out scenario and sensitivity analysis to assess project risks and returns, helping stakeholders make confident, data-driven decisions.
• Contribute to the full lifecycle of investment assessments—from early evaluation to final recommendations and commercial negotiations.
• Work closely with development, procurement, engineering, energy economics, tax, and corporate finance teams to gather and validate inputs for your analysis.
• Analyse market trends, regulatory frameworks and policy developments in Spain and Southern Europe to understand their impact on project economics and valuations.

You have

• Experience in financial modelling, ideally within energy or related sectors.
• Advanced Excel skills (including macros, VBA and dynamic modelling techniques) and a passion for building high-accuracy, reliable models.
• An understanding of renewable energy technologies and how energy markets operate in Spain and Europe.
• Clear, confident communication skills in English and Spanish, with the ability to prepare high-quality updates, presentations and papers for senior decision-makers.
• Some experience with valuations, due diligence, or other corporate finance activities—along with a willingness to learn and develop further.

About SSE

SSE has a bold ambition – to be a leading energy company in a net zero world. We're investing around £10 million a day in homegrown energy to help power a cleaner, more secure future. Our investment will see us build the world's largest offshore wind farm and transform the grid to deliver greener electricity to millions.

SSE Renewables delivers the green energy the world needs today and tomorrow. We lead the way in the development, build, and operation of renewable power assets, including windfarms, hydro power stations, and solar and battery projects. Join a global team of 1,800 energy experts powering the transition to a net zero future.

Flexible benefits to fit your life

Comprehensive Insurance, Life & Accident insurance fully paid by the company from day one, plus optional private health insurance with family coverage. Flexible Working & Home Support, work-from-home arrangements, monthly allowance for remote expenses, and equipment provided to support work-life balance. Uninterrupted Workdays, shorter Fridays and summer hours for full-time staff. Generous Paid Leave, 22 days annual leave, additional free use days, Christmas period leave, and the option to purchase up to 10 extra days (Holiday Plus). Plus a Monthly Meal allowance for 10 months of the year via tax-efficient prepaid card or salary top-up.

Work with an equal opportunity employer

SSE will make any reasonable adjustments you need to ensure that your application and experience with us is positive. Please contact Andrew.Duncan2@sse.com to discuss how we can support you.

We're dedicated to fostering an open and inclusive workplace where people from all backgrounds can thrive. We create equal opportunities for everyone to succeed and especially welcome applications from those who may not be well represented in our workforce or industry.

Ready to apply?

Start your online application using the Apply Now box on this page. We only accept applications made online. We'll be in touch after the closing date to let you know if we'll be taking your application further. If you're offered a role with SSE, you may need to complete a criminality check and a credit check before you start work.

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