Investment and Commercial Manager

Job Title Investment & Commercial Manager 

Location Glasgow or Warrington (Hybrid) 

Salary from £61,600, bonus up to 20%, family health cover and car allowance  

Flexible Working Pattern 

Help us create a better future, quicker 

The Investment & Commercial Manager is a key member of the Sphere Energy Connect (Sphere) business, reporting to the Head of Commercial, with responsibility for providing financial analysis and recommendations on investment opportunities for all new connection developments in all segments; such as domestic, Public EV Charge Points and I&C connections. The role holder is responsible for quantifying the economic business case and presenting clear and concise information to Sphere Leadership Teams and Executives, both locally and globally, to facilitate Final Investment Decisions on million-pound projects. This work also includes financial analysis and due diligence of acquisition opportunities that will be considered to strengthen our market positioning and customer proposition to achieve the strategic aims of the business. 

There is a strong commercial focus to this role with the Investment & Commercial Manager tasked with financially optimising Sphere investment opportunities and identifying ways to maximise our connection development projects competitiveness to secure a pipeline of connections in a highly competitive environment, providing the revenues stream required to support Sphere’s enduring investments and growth plans.  This role is responsible for developing and maintaining the financial models, asset value calculations and associated IRRs for the business to ensure target returns are delivered. 

The Investment & Commercial Manager undertakes a key stakeholder management role on behalf of Sphere regarding investment proposals with multiple Corporate functions (Control; Tax; Treasury; Insurance; Legal; Procurement; Risk Management; Compliance) to ensure Sphere’s investment proposals are clearly communicated; well understood and ultimately supported by these wider stakeholders throughout the governance / approval process, securing the significant funding to fulfil our growth ambitions. 

What you’ll be doing 

Investment Decision Making & Financial Strategy 

• Lead evaluation, risk assessment, and approval of all investment proposals, ensuring alignment with strategic plans and compliance with governance requirements. 

• Provide financial insight, challenge assumptions, and optimise project economics to secure a strong pipeline and maximise returns. 

• Model and assess acquisition opportunities and maintain financial models to deliver target IRRs. 

• Prepare financial forecasts, budgets, and business plans for the Sphere business. 

Strategic Analysis & Business Performance 

• Conduct competitor and market analysis, recommending strategies to enhance project competitiveness. 

• Identify opportunities for portfolio growth, joint ventures, and improved economic outcomes. 

• Monitor business performance, report to leadership, and provide insights to support strategic decision‑making. 

• Coordinate delivery of the Strategic Business Plan and support Investor Relations activities. 

Governance & Compliance 

• Lead Post Investment Reviews and evaluate financial performance against assumptions, recommending improvements. 

• Interpret policy and regulatory changes to assess financial impacts and advise on mitigation or opportunities. 

• Manage stakeholder engagement across corporate functions and prepare documentation for governance approvals. 

Leadership & Team Development 

• Provide clear leadership, promoting strong investment decision‑making practices across the business. 

• Foster collaboration across teams and stakeholders, supporting a high‑performing, motivated team culture. 

• Set objectives, provide feedback, and support staff development to ensure effective delivery of business goals. 

What you’ll bring 

• Highly numerate, ideally a Qualified Accountant or equivalent (e.g., MBA) with substantial post‑qualification managerial experience. 

• Strong financial modelling expertise, particularly in valuing connection assets and assessing large‑scale investment opportunities. 

• High commercial awareness, including understanding asset values, depreciation, and contract structures. 

• Proven leadership experience managing teams and stakeholders across complex investment proposals. 

• Strong communicator with the ability to simplify complex financial information for senior leaders. 

• Skilled in influencing, challenging constructively, and making sound commercial judgements. 

• Experience leading multi‑disciplinary teams to optimise financial outcomes across multiple projects. 

• Ability to balance competing priorities while maintaining high standards and meeting ambitious growth targets. 

What’s in it for you 

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we’ll double match your contribution up to a company contribution of 10%. 

At ScottishPower, we believe it’s the little things we do in life that make a big difference. From helping you look after your family’s wellbeing, save for your future and take personal steps for climate action – our benefits are designed to help you do just that - so that you have everything you need to take care of your world – today and tomorrow. That’s why our benefits include: 

• 36 days annual leave 

• Holiday Purchase – perfect your work/life balance with extra annual leave 

• Share Schemes 

• Payroll Giving and Charity Matched Funding 

• Technology Vouchers – save more and spread the cost of your technology purchases 

• Electric Vehicle Schemes – to help you transition to green/clean driving 

• Cycle to Work scheme and Public Transport Season Ticket Loans 

• Healthcare benefit options including: Dental Insurance, Private Medical Insurance, Health Cash Plan and annual Health Assessments 

• Life Assurance (4x salary) 

• Access to Savesmart financial wellbeing support 

• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more 

Why ScottishPower 

ScottishPower is part of the Iberdrola Group, one of the world’s largest integrated utility companies and a world leader in wind energy. With a commitment to generate all of our energy from renewable resources and a drive to create the energy infrastructure of the future, we’re at the forefront of the journey to Net Zero and investing over £6m every working day to make this happen. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation. 

Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you’ll fit right in. 

ScottishPower is committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to [email protected].