For all roles, please send a CV with covering letter outlining your interests and motives to hr@wahkwong.com.hk, or contact the hiring manager gregor.mcmillan@wk.energy directly.
Finance Director
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The Opportunity | About Finance @Venture Energy
The Opportunity | About Finance @Venture Energy
Venture Energy is developing a book of renewable marine fuels to trade and sell into our customers; fueling the ocean’s green transition. We are investing in a wide-range of fuel development projects across China to secure a supply of fuel, and building the capabilities to trade and move it.
As project are developed, we are building out the team that will manage Venture Energy’s financial operations and development. You will be at the core of our development program; setting up our finance infrastructure, enabling our ISCC certification, and establishing our trading relationships with the financial institutions that will support the development of our book. You’ll also be heavily involved in understanding and DDing plant projects as we invest, reviewing the analysis of our counterparts and supporting it with our own.
We are looking for a multi-skilled entrepreneurial candidate, with experience from finance, accounting, corporate finance, or related disciplines. Someone with a banking or accounting background is useful, although this is less important than your start-up mindset and entrepreneurial flair. We are a start-up entity within a much larger organisation; you will need to be able to speak both languages. . This is an important appointment within Venture Energy and the role will evolve as we grow,
You will be required to think and make decisions both at a high level; analytically, in financial or strategic terms, but also work at the operational level; building relationships, solving problems, and executing the plans we develop.
You will need to respond dynamically to changing circumstances and requirements. It is anticipated our mandate will flex as the market develops, and you will be capable of identifying these shifts and responding to challenges and opportunities in the market as they arise.
The Job | Your Responsibilities
The Job | Your Responsibilities
- Financing: Assist in the raising of capital both from the Group and third parties. Manage relationships with financial institutions, private investors, and strategic partners. Provide analytical and pitch-book development support, producing quality materials that effectively represent the Group. Help negotiate and execute financing projects.
- Finance Ops: Set-up financial functions for a growth business, and help develop the capabilities required for a trading business. YOu will oversee all the financial operations of the company, including financial reporting, accounting, budgets, forecast, financial monitoring, compliance, cash flow reporting, financial analysis, and other relevant jobs.
- Due Diligence: Work with the CorpDev and commerical teams on reviewing and analysing opportunities that arise, building these into the Company’s financial plan.
- Everything Else: Venture Energy is a growth company operating in a fast-developing new industry. Part of your role is supporting projects that arise, plugging gaps no one exists to. Perhaps that’s doing due-diligence on a VC investment, building a comms plan, editing a policy paper, or writing a job description. There are always more jobs than people; you will be responsible for building and shaping the company.
The Challenge | Marine Decarbonisation
The Challenge | Marine Decarbonisation
90% of the world’s trade moves by sea. That’s approximately 11 billion tonnes of goods; or about 1.5 tonnes per person each year. Today almost all the ships serving this US$14 trillion industry burn fuel oil, a dirty, high-carbon, fuel. This is not sustainable.
The maritime industry is entering a phase of dislocation. EU and IMO rules are forcing shipowners, traders, operators and supply-chain companies to adopt clean fuels for their vessels. By 2050, the shipping industry will be net-zero. Today, almost none of it is.
That means over the next 25 years, the market will need to invest up to US$60 billion per year, every year. To decarbonise our industry will need to build plants, re-engineer ships, develop supply-chains, new infrastructure, and totally re-imagine the services our industry needs. There are vast gaps in our supply chain that need to be filled, and quickly. Venture Energy’s mandate is to plug those gaps.
The Company | Who we Are
The Company | Who we Are
Venture Energy is a leading provider of next generation fuels. We develop plant and infrastructure projects to drive marine decarbonisation across Asia and the world.
Our Fuel Division invests in upstream renewable fuel production capacity, offering development, sales, marketing, and logistics services to plant consortia, and a reliable project partner to offtakers, particularly of methanol and ammonia. Together with our Joint Venture partners we offer clean-fuel export and trading services.
Our Power Division develops shore-power, vessel-charging, and battery-swap infrastructure across Greater China and North Asia. Together with our partners, we are developing the world’s largest network of shore-power infrastructure to power the energy transition.
We are an international organisation with a proud Chinese heritage; our aim is to be local in both markets, offering our international partners unparalleled visibility of and seamless access to the Chinese market, and our Chinese partners an effortless international reach.
We move aggressively, think differently, and deliver effectively, but always hold ourselves to the traditions and standards of Wah Kwong Group, a privately owned shipowner headquartered in Hong Kong.
The Group | Our Heritage
The Group | Our Heritage
Wah Kwong Maritime Transport (‘WKMT’) is an integrated maritime services company headquartered in Hong Kong. The Group employs almost four thousand staff and has offices in London, Genoa, Shenzhen, and Weihai. Founded in 1952, WKMT has established an industry leading reputation for technical competence and high-quality services.
The Company runs maritime assets totalling more than US$3 billion, growing its managed fleet at over 20% CAGR for the last five years to ~100 vessels. WKMT has recently restructured to enable the continuation of its ambitious growth strategy and is actively investing across the maritime industry and adjacent fields.
We are a unique Group with a strong Chinese heritage, but a global mindset. From our headquarters in Hong Kong, we operate with a flexible mentality, employing staff from all over the world. We value integrity, and our reputation for fair dealing.
The Candidate | Must Have
The Candidate | Must Have
- A bachelors degree and 5+ years experience in finance, accounting, or a related field.
- For Manager we will take 5-7 years experience. For Director 7+
- Experience as a finance manager or director in a start-up or fast-growth setting.
- Experience in commodities, mining, metals, or infrastructure.
- CPA or CFA is a big value add, but not essential.
- Strong analytical skills and attention to detail.
- Strong communication skills.
- Strong presentation skills and ability to pitch at C-Suite level.
- Fluent in English and Putonghua (both written/spoken). Cantonese is a plus.
- Bachelor’s degree from a reputable university.
- Proficient with Microsoft Office Tools (ppt/xlsx)
- Integrity
- Grit
The Candidate | Nice to Have
The Candidate | Nice to Have
- Demonstrated intelligence, curiosity, and an interest in building businesses are as important as having worked at a particular company or attended a particular school.
- Broad understanding of current initiatives and strategic vision for the sustainability of the marine sector and energy transition.
- Renewable energy project development and/or experience in maritime sector is a plus.
The Details | Some Important Information
The Details | Some Important Information
48-62 Hennessey Road, Wanchai, Hong Kong