Head of Finance

CorPower Ocean

CorPower Ocean

Accounting & Finance
Posted on Jan 23, 2026
Finance · Stockholm

Head of Finance

Working at CorPower Ocean you will be part of a world class team, determined to make big impact. We are on a mission to Power the Planet with clean electricity from ocean waves. We offer autonomy and flexibility, combined with personal responsibility. CorPower Ocean is a global cleantech leader with a technology that has shown game-changing performance. Your work will contribute to the energy transition by unlocking one of the largest untapped sources of clean energy on earth. Since the start in 2012 CorPower has raised more than 115mEUR in top-co funding and close to €100M in project finance to bring the first bankable wave energy technology to market supporting a growing commercial project pipeline.

Role

As Head of Finance you will guide CorPower Ocean through a phase of ambitious growth. You are a key member of the leadership team, responsible for financial strategy, accounting, reporting, control, and compliance across a multinational, capital-intensive industrial organization.

You are a hands-on finance leader who enjoys working close to the numbers—shaping financial systems, models, and reporting while personally analysing product, project, and contract economics. You are comfortable operating across altitudes, from capital strategy and investor discussions to detailed cost, margin, and cash-flow analysis.

You will drive high standards of financial management and scalable processes to support rapid growth across product development, manufacturing, assembly, offshore installations, EPC delivery, and long-term O&M operations. You will lead a high-performing international finance team of 5–6 people while staying closely involved in modelling, analysis, and key decisions, working in close collaboration with commercial, project, engineering, supply chain, and executive teams.

Travel: To operational sites, financers and partners

Responsibilities

Financial Planning, Accounting & Control

  • Lead financial planning, forecasting, modelling, and capital allocation across product, project, and corporate activities

  • Develop and maintain business, unit-economics, and project models, including cost build-ups, learning curves, and scale effects

  • Own contract-level profitability, cash flow, and revenue recognition across OEM, EPC, and O&M agreements

  • Oversee group accounting, consolidation, tax, treasury, and cash management across international entities

  • Ensure accurate, timely financial reporting and KPI tracking

  • Optimize liquidity, working capital, and cash-flow planning

Capital Strategy, Funding & Project Finance

  • Support the company’s capital strategy. Spanning equity, project finance, grants, debt, guarantees, and other non-dilutive funding instruments

  • Act as financial interface towards lenders, export credit agencies, and financial partners

  • Support bankability efforts through robust financial models, sensitivities and downside cases

  • Structure project companies (SPVs), intercompany arrangements, and cash-flow mechanics

  • Lead financial due diligence processes with investors, lenders, customers, and strategic partners

Risk,Compliance & Governance

  • Lead financial risk management across operations, projects, and commercial contracts

  • Ensure compliance with financial, tax, and regulatory requirements across jurisdictions

  • Lead audits, internal controls, and financial governance aligned with public-company standards

  • Manage FX exposure, insurance, guarantees, warranties, and long-term contractual commitments

  • Responsible for legal and corporate governance matters in cooperation with external advisors

  • Insurance, warranty and guarantee structures connected to our wave farm OEM and EPC offering

Operational Excellence & Systems

  • Own and continuously improve the finance systems (ERP, project accounting, BI, forecasting)

  • Drive automation and digitalisation of financial and operational data

  • Embed data-driven decision-making to improve cost efficiency, margins, and capital productivity

  • Prepare the company for a successful IPO within 5–7 years

  • Support board and shareholder processes, acting as corporate secretary

Skills and Qualifications

  • Advanced degree in Business, Engineering, Finance, or related field

  • 10+ years of senior finance experience, preferably in deeptech, industrial or energy

  • Strong hands-on experience in financial modelling, analysis, and business planning

  • Ability to translate complex technical and operational topics into clear financial insight

  • Experience with group accounting, international operations, and capital-intensive, project-based businesses

  • Strong understanding of long-term contracts and complex revenue and cost structures

  • Proficient in modern financial systems and digital tools

  • Clear, confident communicator with strong stakeholder management skills

  • Collaborative leader with resilience and stamina for long-cycle industrial businesses

  • Fluent in English

As a person, you:

  • are striving for excellence, put quality into everything you do

  • are self-motivated and constantly seek the most efficient ways to work

  • search for simple and sustainable solutions to difficult problems

  • love to learn new things, and take pride in constantly developing your skills

  • are persistent, knowing it takes stamina to reach pioneering goals

  • see your tasks through to completion

  • are comfortable in presenting your solutions internally and externally

  • are data driven and strive to always back your points with solid analysis

Cpo teams
Finance
Locations
Stockholm
Contact William Smati Talent Acquisition Specialist – People

Stockholm

Why join us ?

  • Our mission

    To bring competitive wave energy technology to the world, unlocking one of the largest untapped sources of renewable energy by harnessing the natural power of the oceans.

    To solve a challenge that no one else has cracked before, whilst tackling climate change and achieving a sustainable low-carbon future.

  • Your impact

    Team members are given a high degree of autonomy and flexibility, combined with great personal responsibility. You will have the chance to face technical and commercial challenges that are complex to solve, cutting-edge and highly inspiring.

  • Your wellbeing

    We try and encourage a fun and intellectually stimulating work environment here at CorPower Ocean. Throughout the journey we share the highs and lows together, which brings us all closer together !

  • Your benefits

    We offer an attractive package including: competitive base salary, stock options , health & wellbeing support, pension plan, health insurance, and six weeks of paid vacation.

Join the Wave Technology revolution!

We are a dynamic, supportive, fun and a truly international team of more than 15 nationalities including industry experts, innovators, experienced interdisciplinary engineers and business professionals.

CPO strive to combine the best of world class knowledge from around the world with a true entrepreneurial spirit devoted to developing the best wave energy technology out there .

About CorPower Ocean

CorPower Ocean is a global leader in Wave Energy technology. The ocean forms one of the largest yet least explored renewable energy sources on earth. We bring a new class of high efficiency Wave Energy Converters (WECs) enabling robust and cost-effective harvesting of electricity from ocean waves. The design principle is inspired by the pumping principles of the human heart and offers five times more energy per ton of device compared to previously known technologies, allowing a large amount of energy to be harvested using a small and low-cost device. A unique transparent protection mode brings survivability in the toughest storm conditions. We are headquartered in Sweden with offices in Portugal, Scotland and Norway.

Founded in 2012
Co-workers About 90
Finance · Stockholm

Head of Finance