Thank you for your interest in joining Alcazar Energy! Each role at our company offers the chance to make a tangible impact on the global shift towards sustainable energy. As you consider applying, reflect on how your unique skills, passion, and vision align with our mission to innovate and energize the world responsibly.
About Us
Established in 2014, Alcazar Energy Partners is a leading independent investment manager focusing on investing and developing utility scale renewable energy projects in growth markets. The firm has raised USD 730 million in investor commitments across its two funds Alcazar Energy Partners I (USD 240 million) and Alcazar Energy Partners II (USD 490 million). Alcazar Energy Partners I is fully exited and delivered top-decile returns to its investors. Alcazar Energy Partners II is domiciled in Luxembourg and is actively investing and developing some of the largest projects in the Western Balkans and MENAT regions, with a secured pipeline of over 5 GW. With a proven track record, a growing portfolio, and a strong commitment to sustainability, Alcazar Energy Partners offers an exciting opportunity to be part of a purpose-driven organisation creating long-term value for investors and communities alike. The firm maintains a local presence in the UAE, Egypt, Serbia, Montenegro, and North Macedonia.
Key Responsibilities
Fund Model Ownership: Develop, update, and stress-test the full lifecycle fund financial model, including capital calls, distributions, management fees, carried interest, and NAV
Performance Forecasting: Run fund-level return scenarios (IRR, MOIC) and prepare outputs for internal and external stakeholders.
Run sensitivity analysis and stress testing for the funds to support in-house risk management and/or investment team’s presentation to the Investment Committee.
Integrate project-level financial models into fund models, ensuring consistency and accuracy of assumptions, and coordinate inputs from corporate finance as well as outputs back to corporate finance for consolidated reporting and analysis.
Senior stakeholder management – present modelling outputs to the Partners and other members of the team.
Capital Management: Track LP commitments, capital calls, and distributions; monitor liquidity and cash flow planning at the fund level.
Valuations: Prepare valuations in collaboration with Investment team and support Accounts team with valuation related queries and supporting calculations.
Waterfall Calculations: Maintain accurate and compliant waterfall models for carried interest distribution.
LPA model alignment: good understanding of private fund’s limited partnership agreements (LPA) and ensure fund model complies with all LPA specificities.
Investor Support: Collaborate with IR to respond to LP queries, DDQs, and reporting requirements; support fundraising.
Coordination: Liaise with administrators, legal, tax, and investment teams for accurate modelling inputs and assumptions.
Qualifications, Experience & Job Specific skills
Preferred Qualifications:
· CPA, ACA, or CFA qualification preferred.
Preferred Experience:
5-6 years’ experience, ideally in a fund finance function within a private fund manager, e.g. infrastructure, private equity, real estate, private debt, Big 4 with experience in Infrastructure etc.
Expert in Excel modelling (fund waterfall, capital accounts, performance metrics).
Excellent senior stakeholder management skill
Strong understanding of fund structures, LPA terms, and private fund economics.
Familiar with IFRS/US GAAP for funds and valuation methodologies.
Experience with portfolio monitoring systems or fund admin platforms (e.g. eFront, Investran, Allvue).
Job Specific Skills:
Impeccable excel & modelling skills
Excellent interpersonal and presentation skills
Exhibits a professional demeanour with a constructive and committed attitude
Mastery of MS Office tools
Quality focused with a strive for excellence
Fluent in written and spoken English
High attention to detail
We appreciate your time in considering a career with Alcazar Energy. By joining our team, you’re choosing to stand at the forefront of the renewable energy industry, contributing to projects that prioritize integrity, quality, and sustainability. As you share our commitment to making a difference, we look forward to potentially welcoming you aboard.
Skills Required
- CPA, ACA, or CFA qualification
- 5-6 years' experience in a fund finance function
- Expert in Excel modelling
- Strong understanding of fund structures and LPA terms
- Familiar with IFRS/US GAAP for funds
- Experience with portfolio monitoring systems or fund admin platforms
What We Do
Alcazar Energy is a leading independent sustainable infrastructure fund domiciled in Luxembourg. With an advisory team based in Dubai, it is focused on utility scale renewable energy projects in emerging Europe and Turkey. Following the success of its first investment vehicle, Alcazar Energy Partners – I (AEP-I), Alcazar Energy launched its second vehicle, Alcazar Energy Partners II SLP (SCSp) (AEP-II), bringing together Blue-Chip public and private investors from North America, Europe, and Asia. With a target size of US$500m and a hard cap of US$650m, AEP-II will mobilise c.a. US$2bn of foreign direct investment, including project finance, into emerging Europe and Turkey. The portfolio aims to develop over 2GW of clean energy, estimating a saving of 3.2m tonnes of Greenhouse Gas (GHG) emissions per year, generating sufficient electricity to power over one million households









