Controller - high growth, top-tier European datacenter provider platform
What do you do?
Creating a top-tier European datacenter provider platform, the operating business of Penta Infra (Penta Infra Assets) is growing fast. The Penta Infra fund started in 2015 and currently they have 10 operational datacenters, with 5 more under development in the Netherlands, Germany, Denmark and Poland. Because of this high growth the finance function of the investment & asset business will be split to give full focus, support and guidance on value creation within the operational business. For the operational business of Penta Infra, we are looking for an ambitious, analytical Controller who want to make in impact on setting up top-tier, modern, scalable finance processes. This is a broad position in a specialized, highly data driven environment in which you directly report into & act as the right hand for the CFO PI Assets. You are the finance business partner for management and the business within Assets and have a strong working relationships with your finance & M&A colleagues withing Penta Infra Investments.
First focus within the role will be setting up strong and scalable finance foundation, together with the CFO. You will contribute to the financial closing, consolidation & reporting processes, the annual report and the annual audit. Together you will review all processes (O2C,P2P,R2R), optimizing and/or automating them where possible through implementing of (new) tooling or creating interfaces between different systems. At the same time making sure all processes are compliant with Dutch Gaap / tax norms and setting up a strong AO/IC framework and accounting & reporting policies.
From there you will take the lead in setting up the business control and analytics function for the operational business. You manage, further set up and optimize the periodic management & shareholder reporting, implementing PowerBI as a tool to help you. You are involved in the periodic business reviews, contribute to the annual budget cycle, the periodic (re)forecasting & latest estimates. You give insight into the Financial Performance, Operational & Commercial core KPI’s of the Assets, and the Capex / cost (Opex) analysis and tracking. While working closely together with the business, you do a root cause analysis which means you deep dive into the numbers to understand why there are variances, what this means for the business and which actions should be taken. Not only explaining the past, but creating foresight for the business. To do this you have to get into the details when necessary, while maintaining focus on the bigger picture.
Good to know...
Penta Infra invests in digital infra assets; mainly datacenters, but also optical fiber and add-ons (creating chain benefits). They focus on local assets that have the potential to extend, need quality improvements (f.e. on energy use & sustainability) or large capex investments to reach their maximum potential. For each investment there is a value creation plan. Working closely with your colleagues from Penta Infra Investments to understand the strategy per Asset, you guard, track & steer the business to reach the maximum performance of the Assets. Monitoring the capex investments & ROI and assisting with the set up of the commercial client agreements monitoring the margin , cashflow and (financial) terms & conditions.
Who are you?
We are looking for a proactive, analytical and ambitious financial who loves to work in a fast growing, international and equity backed business. You have a good technical accounting background, strong communication skills and a business minded approach.
“Penta Infra is a dynamic, fast-paced environment which requires everyone to operate with a high degree of flexibility and autonomy. To be successful within this high profile, demanding environment we are looking for an ambitious, confident and communicative financial who wants to continue his/her steep learning curve. Somebody with the entrepreneurial mindset to join Penta Infra in this high-growth phase, making a direct impact on the business and grow with the company into an all-round, C-level Financial.”
- Master degree in Finance, Economics or Accountancy, preferably supplemented with post-Master RA of RC qualification
- Minimum of 4-6 years of progressive experience within Audit (BIG4), Advisory and/or Controlling; preferably in an international equity backed environment
- (Strong) knowledge of Excel, experience and/or affinity with ERP and reporting (PowerBI) tools
- Solid technical finance background (Dutch Gaap); able to understand the core financial processes, do the financial sanity check and build mature, scalable processes
- Analytical, eager to know what drives the figures and what the business impact is;
- Ability to influence at all levels (fluent in Dutch & English), build bridges and valuable relationships
More about Penta Infra
The digital economy is growing rapidly and that requires quality investments in the infrastructure supporting that growth. At the heart of the digital infrastructure are datacenters, the digital factories of the 21st century. They are connected with redundant fiber routes to move the data between datacenters to end-users and internet exchanges.
Penta Infra Investments fund was established in 2015 with the ambition to create a top-tier European digital infrastructure platform; investing in datacenters, optical fiber and add-ons across Europe. Both in greenfield projects as well as existing datacenters. Besides Design and Build they also operate the datacenters, in order for their clients to focus on their core business. In short: asset light and resource light, “Datacenter as a Service”. Currently they operate 10 datacenters with 5 more under construction in the Netherland, Germany, Denmark & Poland.
Penta Infra's structure enables it to respond quickly to acquisition opportunities which arise in the market, they are quickly growing their portfolio and have an extensive pipeline of new mergers and acquisition (M&A) transactions within different European countries. In addition to this buy-and-build strategy, the company anticipates “greenfield” investments. With an ambitious growth strategy, supported by their equity investors, the group will certainly double in EBITDA every two years.
It is now time for the next phase in the company's journey to facilitate the continuous changes and growth of the group: further professionalization of the Group Finance Team and a “split” between the private equity fund and the operating business of the datacenters. With the growth of the company and the number of assets, the operating business deserves full focus of a dedicated finance team, steering and facilitating the growth of this part of the business.
Penta Infra Investments and Penta Infra Assets will both operate out of their joined office in Amsterdam. There a small team of highly experienced professionals work together in a very entrepreunrial, open and dynamic environment, which will expand as the company continuous to grow. You will get a lot of ownership and freedom to take initiative and get yourself and the company to the next level. There is a high performance culture, but at the same time a very high degree of autonomy, collaboration and pride to be jointly building a future proof, sustainable and pan- European platform supporting the digital economy.