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58 days ago

LSP RENEWABLES Q2 DIRECTORS REPORT

Industry Insights

Welcome to the second edition of the LSP Renewables Quarterly Directors Report, an opportunity to reflect on Q2 and share our findings and market insights.

In this quarter's instalment, we are excited to showcase the perspectives of our Director, Lewis Duffy, providing an in-depth overview of the Renewable Energy Landscape in the second quarter of 2024.

In addition to industry updates, Lewis’ insights illuminate the latest developments, challenges, and successes within the sector

Welcome to the Offshore Wind Supply Chain Adventure!

As lead of our recruitment team specialising in supporting into the Tier 1 / Supply Chain within Offshore Wind, I thought it prudent to take a deep dive into the supply chain that powers those majestic wind turbines you see spinning out at sea. Think of it as a thrilling treasure hunt, where every step is crucial to harnessing the power of the wind.

It all begins with Planning and Development.

Picture a team of intrepid explorers, engineers, environmentalists, and surveyors mapping out the perfect spot on the ocean. They study the wind patterns, seabed conditions, and marine life, making sure everything is just right. It's like choosing the ideal plot for a new, high-tech neighbourhood!

Next, we have Manufacturing and Assembly.

Here, the magic happens in massive factories where wind turbines are born. Picture enormous turbine blades being moulded in separate halves before being glued together and finished off by hand by highly skilled specialists, tower sections starting as sheet steel before being rolled and cut and welded ahead of final assembly offshore, and nacelles, the heart of the turbine being manufactured in huge assembly facilities overseeing the nacelle casing, drive chain, electrical and Yaw assembly. These components are then transported to ports, ready for their ocean voyage. It’s like assembling the ultimate Lego set, but on a grand scale!

Enter Transportation and Logistics.

Our turbine components embark on an epic sea journey, carried by specialised vessels designed to handle their massive size. Imagine a fleet of superheroes, each with a unique power to transport, lift, and install these gigantic pieces with precision.

Now comes the exciting part: Installation and Commissioning.

Skilled crews work around the clock, battling the elements to install monopiles, jackets and turbines on the seabed. It’s an underwater ballet of cranes, divers, and advanced robotics, ensuring each turbine stands tall and proud, ready to catch the wind. Think of it as planting an enormous, mechanical forest in the ocean.

Finally, we reach Operation and Maintenance.

The turbines are up and running, generating clean, renewable energy. But the adventure doesn’t end there! Dedicated teams monitor and maintain these giants, ensuring they operate efficiently for years to come. It's a 24/7 commitment, like having a team of pit crews ready to keep the race cars zooming.

The offshore wind supply chain is a marvel of modern ingenuity, and engineering collaboration. Each stage is a crucial piece of the puzzle, working together to harness the power of the wind and bring sustainable energy to the world. So, as we explore this fascinating journey, remember: every turbine-tells a story of innovation, teamwork, and the quest for a greener future.

Let’s set sail on this adventure and discover the wonders of the offshore wind supply chain!

 

Q2 was an exciting and dynamic period for us at LSP Renewables, particularly within the Offshore Wind sector. Let's delve into the highlights and achievements that marked this quarter.

Offshore Wind: Catching the Breeze!

The second quarter of the year saw the offshore wind industry sailing full speed ahead! New projects sprouted up like wildflowers in spring. Europe led the charge, with the North Sea looking like a forest of wind turbines. The UK and Germany announced ambitious expansions, while the U.S. East Coast wasn't far behind, with states like New York and Massachusetts lighting up their maritime horizons.

Cable Installation: Connect the Dots!

Cable installation was a game of connect-the-dots but on a grander scale. Underwater cable-laying ships buzzed around like busy bees, ensuring that all those wind turbines had their electrical lifelines in place. The buzzword? HVDC (High Voltage Direct Current). Companies showcased new, super-efficient cables, promising less energy loss and more bang for the buck.

Subsea and Survey: Mapping the Future

Q2 was a dive into exciting developments for subsea and survey work in offshore wind. The industry saw advanced underwater robots and drones taking center stage, mapping the seabed with pinpoint accuracy. These high-tech tools are crucial for laying the groundwork (or seabed!) for new wind farms, ensuring optimal placement and stability.

Cutting-edge sonar technology and 3D imaging became the new norm, helping teams to navigate complex underwater terrains and spot potential obstacles. Environmental assessments also got a boost, with new methods for monitoring marine life and ensuring eco-friendly project execution.

In essence, Q2 was a tech-fuelled adventure beneath the waves, with subsea and survey innovations paving the way for the future of offshore wind energy.

 

Vessels: The Sea Giants

The vessel industry had a blockbuster quarter. Giants of the sea, custom-built for wind farm construction and maintenance, launched with much fanfare. Innovations in vessel design promised greater stability, efficiency, and eco-friendliness. Think of it as the maritime version of a car show, but with ships that can carry entire wind turbine components across oceans!

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. Monna Lisa, in which Prysmian decided to invest in 2022, will match Leonardo da Vinci for capacity and performance and will boast two carousels of 7,000 and 10,000 tons, the highest capacity in the current market.

NorthStar has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore wind farm development. This adds an eighth hybrid offshore wind ship to the organisation’s renewables fleet since it expanded into the market two-and-a-half years ago, and another notable benchmark on its strategic journey to add 40 SOVs to the business by 2040.

Maersk Wind Installation Vessel (WIV) is currently under construction in Singapore at Seatrium with a crane capacity of 1,900t and a lifting height of 180m this vessel is set to meet the demands of the new class of offshore turbines.

Cadelar have confirmed an order for a third A-Class Jack Up Vessel the Wind Apex due to join their fleet. Cadeler already has two P-class, two M-class and two A-class vessels under construction. This third A-class vessel is set to be delivered in H1 2027.

NKT is currently expanding its fleet by adding a second cable-laying vessel, NKT Eleonora, to meet the growing demand for offshore power cable solutions. NKT Eleonora is scheduled to become operational in 2027.

WTG Manufacturers: Spinning Success Globally

Q2 saw WTG manufacturers around the world turning heads and turbines! The big names: Siemens Gamesa, GE Vernova, Vestas & Ming Yang continued to lead the pack, rolling out larger and more powerful turbines that promise to capture even the faintest breeze.

The SG 14-222 DD turbine takes its first commercial outing on Moray West Offshore Wind Farm (OWF).  Vestas are rallying behind the scenes with their V236-15.0 MW turbine being readied for He Dreiht OWF. These two turbines alone increase the capacity of the previous generation platforms by 3MW and 5MW respectively!!!

Exciting recent news of Ming Yang being confirmed supplier for the Waterkant OWF with their flagship turbine offering a capacity of 18.5MW, set to be installed in 2028! The highest capacity set for commercial installation in the EU…..so far!

Tech Upgrades: Bigger, Better, Greener Innovation was the name of the game, with new models boasting taller towers, longer blades, and smart tech integrations. Imagine wind turbines as skyscrapers with helicopter-length blades, all while being greener and more efficient than ever.

Global Reach: Winds of Change From the North Sea to the coasts of Asia, manufacturers expanded their global footprint. China and the U.S. ramped up their offshore wind efforts, with new partnerships and mega-projects on the horizon.

Atlantic Shores 1&2 Record of Decision approving the JV between Shell & EDF to build up to 195 Turbines. The Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develop up to 1.3 GW off the coast of Gippsland.

The European Commission has approved, under the EU Merger Regulation, the creation of a JV between Mitsui & Co, Osaka Gas Co, and RWE Offshore Wind Japan. The consortium has been formed to construct and operate an 684MW offshore windfarm in Japan

Future Forward: Wind Wonders Manufacturers teased future designs, hinting at floating turbines and even larger offshore giants. The race is on to harness wind power like never before, making Q2 full of progress and promise.

 

Q2 Summary

In short, Q2 was a whirlwind (pun intended) of activity in the offshore wind sector, with impressive strides in cable installation and some show-stopping vessels joining the fleet. Q2 was a dynamic period for WTG manufacturers globally, with ground breaking innovations and expansions setting the stage for a wind-powered future.

Exciting times are ahead as the world harnesses the power of the wind!


Thank you for reading! If you have any questions regarding this report, would like to discuss any recruitment needs or would like to discuss more specific industry insights within renewables, please feel free to contact Lewis as per below or visit our website at www.lsprenewables.com.

Email: lewis.duffy@lsprenewables.com

Latest Jobs

Offshore Wind

Document Controller

Cork, Ireland

Our client is looking for a Document Controller to join their team.Key Responsibilities Manage Project Document Management Systems (SharePoint, Interaxo and Sceptre). Establish structures and processes, give access to new project members, remove old users and ensure correct access rights etc. Perform kick-off meetings to ensure that correct use of digital collaboration tool is demonstrated, educated, and agreed at project start-up and at other milestones in the project. Provide training in usage to company and contractor staff and provide user support with the document control systems. Develop and maintain interfaces with key project stakeholders including representatives from our client, it’s contractors and consultants. Manage, monitor, quality assure and audit project document controlling routines from the initial development through to project completion and handover. Responsible for coordinating with all departments to assure that all projects’ documents are kept in the right place and in the right department file archive. Responsible for file validation and document controlling of electronic archives and where necessary paper archives Follow the document or numbering policy of the company Manage all the project documentation in a structured way Manage the document review and approval process, including processing document change requests and updates Ensure that documents are complete, accurate and in compliance with corporate procedures and/or ISO 9001 section 4.2.3 Support and assure execution of information handover to operations Maintain relationship with the Corporate Project Management Office to ensure Irish practices are in line with corporate. Conduct additional tasks/duties as requested by the line manager. Manage and support other Document Controllers who may be hired to support specific projects. This role will be a member of the Document Manager Network where we share "lessons learned" and also the opportunity to come up with improvement proposals. Qualifications Minimum Bachelor, degree in related subject Experience in documentation and archiving or similar positions Fluent in English, both oral and in writing Proven skills in organisation, coordination and communication A strong work ethic with a systematic and analytical mindset Ability to work independently and on own initiative. Must follow up and deliver on time according to set standards Ability to work in a multinational team and work across cultural differences, socially and technically Computer literate in MS Office applications

Offshore Wind

Project Controller

Cork, Ireland

Our client is seeking a Project Controller to join their team and act as a key member of the Ireland and UK Project Delivery Unit, and of the Project Controls Management Team, the Project Controller will support the development and the execution of new renewable projects in the Regions ensuring that Project Teams receive the required support in monitoring and control projects deliverable in terms of planning, cost controlling and risk management activities, reporting to our clients standards. The Project Controller reports to the Project Control Manager / PDU Delivery Directors in a matrixed environment and is responsible for managing the schedule, controlling the capex inclusive of the change management process and assessing the main risks from the development phase. Key Responsibilities Prepare and manage the time schedule across the Project Lifecycle supporting the Project Team Members in controlling and monitoring the progress of the development, procurement, engineering, and construction phases. Plan and control the physical progress curves (S curves) for each project phase (i.e by plant area, subcontractor/vendor). Analyse the critical path and prepare the recovery action in agreement with the Project Team. Support the definition of the Project’s Capex until the main investment decision, ensure the collection of the relevant information from all the units involves. Control and monitoring of Actuals, Committed and Forecast during the execution phase. Provide Planned Vs Actual analysis (both in terms of time and cost) measured against the Baseline, as well as possible drivers and actions of improvement. Identify, quantify the risks that could impact on project schedule and capex, bringing delay to milestone achievement and/or extra cost to approved baseline. Manage together with the Project Team the risks identified, in order to mitigate impact and/or probability. Provide information to highlight any discrepancies between physical progress of the project and their economic impacts. Prepare monthly capex & schedule reports and provide assistance to Project Managers in the preparation of the monthly SteerCo reports. Perform cost-benefit analysis for evaluating the implementation of mitigation actions aimed at reducing project riskiness. Interface with all Company units on site or office based, as well as Contractors & PMAs in order to provide reliable cost, risk & scheduling data for the whole Project activities. Attend and contribute to QRA (Quality Risk Assessment) sessions and the development of P50 and P70 budgets. Manage the change management process from contract award to closeout inclusive of both external and internal cost centres and WBS’s. Contribute to the growth and development of the overall Project Controls best practices and continuous improvements. Requirements Masters or university degree in engineering, QS, Construction Management or Contracts Administration on large capex projects or similar with documented extensive experience in the field MBA or MSc or equivalent training in Project Management and/or certification in PMI is a plus. Project control experience (5-8 years) from large, complex, international investment projects. Previous experience in renewable projects is desirable. Good knowledge of relevant systems and tools including Office package (Excel, Power Point, Word), Primavera P6, Primavera Risk Analysis plus other planning packages (MS Project etc) Good working knowledge of SAP is a plus. Excellent written and verbal communication skills in English.

Offshore Wind

Commissioning Technician - 66kv Switchgear

United Kingdom

 Our client is seeking a 66kV Switchgear Commissioning Technician to join their team.  Key Responsibilities Conduct inspections, Function tests and Secondary Injection Testing on 8VM1 Switchgear.Conduct function and communication tests via SCADA Simulator to ensure correct operation/commands, feedback, parameters, interlocks and alarms.Inspection of WFO HV apparatus to ensure correct identification is in place.Accompany the Quality Team on WTG Walkdown InspectionsProactive engagement with the WTG Contractor.Identify issues and concerns and report back to the relevant stakeholdersParticipate in daily planning and reporting meetings.Complete Check Sheets and upload onto the Company Master Document Register and WTG As-Built Document Records.Application of Principle Contractor Safety Precautions.Ensure the Commissioning Manager and Stakeholders are informed of daily progress. Deliverables Ensure 66kV Switchgear is fit for purpose and Safety Devices operate as expected before Load-out.Early identification and notification of Issues and Concerns to allow swift rectification.Ensure ITP’s are complete on scheduleEnsure Check Sheets are uploaded to the upload onto the Company Master Document Register and WTG As-Built Document Records.  RequirementsRelevant technical education, for example, time served apprenticeship or similar with a HNC qualification (or equivalent) in an Electrical Engineering Discipline.8VM1 Familiarisation and Operational Introduction advantageousGWO’s: Working at Height, Manual Handling, Fire Awareness, Basic First Aid.Proficient in Commissioning activities including Secondary Injection Tests on 66kV Switchgear.Experienced on Siemens Energy 8VM1 Switchgear desirable but not mandatoryUnderstanding the theory of testing, the effect on the protection relay functions and can interpret positive and negative test resultsAn understanding of different types of protection relays and their functions.An understanding of Electrical Single Line Diagrams including the meaning of symbols.Experienced in testing to the SCADA network and expected results.Significant and demonstrable experience working in a similar capacity.Fluent written and verbal English with good communication skills.Self-starting with planning/coordination and problem solving abilities.Good standard of IT literacy (i.e. MS Office). Ability to produce project specific documentation as required to support the project and implementation of Company procedures.

Offshore Wind

HSE Assistant

Greater London, South East, England

Our client is seeking a HSE Assistant to be responsible for coordinating and implementing safety policies and procedures within the company. The successful candidate will oversee daily activities related to health, safety, and environment to minimize risks and incidents. Additionally, they ensure effective communication between project teams and HSE staff to ensure a smooth implementation of policies. A key part of this role will be to help with incident reporting, analysis & communication.  Key Responsibilities HSE Management System Development: Developing and implementing HSE requirements aligned with current standards and regulations.Training and Awareness: Organizing training sessions to familiarize staff with HSE rules and practices.Risk Management & Assessment: Identifying, evaluating, and managing safety, health, and environmental risks.Regular Inspections: Conducting regular inspections to ensure compliance with safety standards.Incident Management: Handling HSE incidents, investigations, and implementing corrective actions.Reporting and Documentation: Maintaining accurate records and preparing reports on incidents, audits, and corrective measures.Team Coordination: Coordinating between project teams and HSE services to ensure compliance and safety.Continuous Improvement: Proposing initiatives to enhance HSE performance and reduce risks.  RequirementsThorough knowledge of UK HSE regulations.Project management skills.Analytical and problem-solving abilities.Excellent communication and awareness skills.Team player and ability to coordinate HSE activitiesExcellent experience on HSE software/toolsExperience in the Energy industryKnowledge and experience of CDM 2015 an advantageNEBOSH/DegreeIOSH accreditation

Offshore Wind

Package Manager - WTG

Our client is seeking a Package Manager – Wind Turbines, to take Leadership of the Wind Turbine Package for an offshore renewables project, taking responsibility for all matters relating to the design, specification, supply, transport, installation and commissioning of the project’s wind turbines and associated ancillary packages. The work will begin with scoping the contract assessing existing market information and managing engagement with the supply chain and will then involve steering the package through the tender phase and into the negotiation of final contracts to support a positive Final Investment Decision (FID) for the project, and subsequent delivery of the package thereafter. The role will lead a package team including procurement specialists, engineers and wind analysts with the key objectives of obtaining an optimal technical and commercial arrangement that meets the objectives of the contracting strategy for the project, aligns with the permit, grid connection, project delivery strategy, financing strategy and overall business case of the project. Key Responsibilities Overall responsibility for and ownership of and direction of all aspects of the Turbine Package (including WTG and WTIV and Marshalling facilities), including design, certification, supply, transport, installation and commissioning of same. Ensuring that the Safety Family licence ‘if it’s not safe, we don’t do it’ is the guiding principle within the management of safety, health and the environment and integral to each project. Implement the SHE charter in conjunction with the project shareholders and the supply chain to provide a simple and effective reference point for the management of health and safety. Development and delivery of the Wind Turbine contract package for the project, based upon the overall contracting strategy. This will include the comprehensive evaluation of options available and consideration of all emerging technology and other value improvement opportunities in order to support the development of a fully optimised Business Case. Working with project leadership team to define the governance arrangements for the package based on the Large Capital Project Governance Framework and provide ongoing confidence that the package will support the project in meeting its phase objectives defined within the PDP and Business Case. Working with the project leadership team to develop and refine the Project Execution Plan (PEP) which defines the management strategies to be implemented during the delivery of the project up to Gate 5. Responsibility for defining and managing the budget for the Wind Turbine package and optimum resource plan for the package for each phase of the project, taking into account the requirement for dedicated and shared resources. The resource plan will be aligned with the overall project programme and PDP. Responsibility for project programme tracking, risk management and coordination of all activities as they relate to the Turbine Package objectives. Working as part of the project leadership team and with other package managers to enhance the contracting strategy for the project which will optimise supply chain opportunities, the Business Case and the project delivery strategy. Working with Project Manager to ensure progress is being made on relevant Key Decisions, Interfaces and Risks, Contract Milestones and design activity in-line with the project programme. Reviewing the build sequence, construction strategy and commissioning plan for the project on a periodic basis to ensure that this is being fully optimised to achieve the key project milestones. Management of the commissioning of all Turbine related assets to ensure that the forecast commissioning profile is optimised and availability of assets is maximised prior to the Commercial Operations Date (COD). Acting as the Employers Representative on Turbine related construction Contracts and ensuring that Contract administration is being effectively managed. Evaluating and negotiating Contractor claims, variations and where required settlement agreements, ensuring the best possible commercial terms are agreed for the project. Requirements Experience in complex, large scale multi-disciplinary project financed projects. Ability to lead and motivate a team of multi-disciplined individuals, setting clear goals and objectives and measuring performance against them. Substantial knowledge of Health and Safety legislation and practices Substantial knowledge of commercial drivers for major infrastructure projects Substantial Knowledge of Wind Turbine EPCI Substantial knowledge of package management and procurement processes Substantial knowledge of project risk management Experience of leading package teams on a variety of development projects Educated to degree level in a relevant discipline. Demonstrates good project management expertise and understanding of major projects delivery especially contracting strategy and planning, cost, risk, quality and commercial management. Ability to challenge project teams and key stakeholders to ensure robust project performance. Ability to communicate at all levels in the organisation and to key stakeholders out with the organisation. Ability to clearly present key messages at senior levels, externally and internally. Ability to demonstrate effective leadership skills. Ability to manage and perform within a culture of high uncertainty and rapid change. Ability to represent our client and the project externally. Well-developed negotiation skills including engaging, influencing and developing effective relationships. Good motivator and communicator. Skilled in coaching and mentoring junior staff and supporting staff development through providing guidance and advice and helping identify training requirements for team members.

Offshore Wind

Senior Category Manager Vessels

United Kingdom

Our client is seeking a Senior Category Manager in the sub-category team of Vessel Procurement, you will support several of their offshore projects during the development phase. The primary focus will be the pre-FID tendering and negotiations of a variety of Tier 1 installation packages which may also be on an EPCI basis. Key Responsibilities Support our clients’ global offshore projects with the drafting of project procurement strategies from a logistics perspective Responsible for the interfacing of supporting functions and projects to compile and draft all RFI/RFQ documentation for issuance to the market for EPCI or Transport and Installation requirements Ability to evaluate RFQ responses on a Total Cost of Ownership basis to ensure selection of the most appropriate suppliers Leading commercial and legal negotiations with support from the in-house legal team Continuing to keep up to speed with market changes and challenges to feed into corporate-wide strategies Build and maintain relationships with key supplier interfaces Support junior members of the Vessel Procurement Team to ensure in-house growth of knowledge Requirements Several years of experience in the maritime world from either a developer or vessel owner with knowledge of BIMCO, FIDIC, and LOGIC contracting forms for offshore construction Proven ability to effectively understand commercial risks to minimise impacts on the project Experienced in negotiating high-cost / high-risk contracts Advanced communication skills in English, both oral and written Ability to travel domestically and internationally as required to support delivery of your package of works

Offshore Wind

Procurement Manager - O&M Vessels

United Kingdom

Our client is seeking a Procurement Manager in the sub-category team of O&M Vessel Procurement, to support several of their offshore Windfarms during the operational phase. O&M (Operations and Maintenance) Vessel Procurement involves several critical activities to ensure the effective and efficient maintenance and operation of the wind farm.   Key Responsibilities Determine the specific requirements for O&M JUV´s based on the wind park's location, size, and operational needs.Support our clients global offshore projects with the drafting of project procurement strategies from a logistics perspectiveCollect the technical specifications and capabilities required for the vessels, such as size, speed, cargo capacity, and onboard equipment from the technical teamsIdentify potential suppliers and contractors who can provide suitable O&M vessels.Research and understand industry standards and best practices for O&M vessel procurement.Continuing to keep up to speed with market changes and needs to feed into corporate-wide strategiesPrepare detailed tender documents, including technical requirements, scope of work, and evaluation criteria.Issue the ITT to selected suppliers, inviting them to submit their bidsEvaluate received bids based on technical compliance, cost, and the ability to meet the project’s timelines and quality standards.Assess the financial stability, reputation, and past performance of the biddersAbility to evaluate RFQ responses on a Total Cost of Ownership basis to ensure selection of the most appropriate suppliersNegotiate terms and conditions with the preferred supplier(s), including pricing, delivery schedules, and service agreements. Finalize and award the contract to the selected supplierOverseeing and maintaining existing long-term agreements while identifying new opportunities for potential long-term agreementsEstablishing key performance indicators (KPIs) to monitor the performance of the vessels and ensure they meet operational goals, as well as implementing a feedback loop to continuously improve vessel operations and maintenance processes  Requirements Extensive experience in the maritime industry, either as a developer or vessel owner, with knowledge of BIMCO contracting principles (familiarity with FIDIC and LOGIC contracting forms for offshore construction is advantageous)Proven ability to effectively understand commercial risks to minimise impacts on the sitesExperienced in negotiating high-cost / high-risk contractsComprehensive communication skills in English, both orally and writtenAbility to travel domestically and internationally as required to support delivery of your package of worksYou’re highly analytical with a strong ability to convert quantitative analysis into actionable commercial insightsYou’re able to work effectively & show initiative in a fast-paced, global and dynamically evolving environmentYou’re curious and willing to approach work with a fun and collaborative attitude that supports the team to make a difference in the energy transitionYou will ideally be fluent in Italian or German; however, we still want to hear from you even if you aren’t.

Offshore Wind

Accounting & Tax Manager

Taipei, Taibei, Taiwan

Our client is looking for an Accounting & Tax Manager to join their team.Support Project Related Accounting Tasks and Assignments• Support in daily operations.• Generate and coordinate all the general ledger entries for preparing the Finance reports.• Prepare monthly Finance reports, explaining on detail the information and movement of each account.• Prepare quarter, semimanual and annual Financial Report for Company, Shareholders and Government on scheduled time• Provide information upon request to internal and external stakeholders.• Coordinate and provide information associated with internal and external audits.• Ensure the correct implementation of IFRS and other necessary Accounting Standards, such as IFRS 9, IFRS 15 and IFRS16, Hedge Accounting.• Develop the Fixed Asset categorization.• Support project related tax assignments, e.g.• Prepare and review monthly and annual tax report.• Manage the coordination of regular tax meetings.• Analyse in detail CIT (actual and deferred) and manage the filing and payment process.• Monitor and ensure the correct and timely filing of WHT and VAT.• Monitor and ensure compliance with Stamp duty payments.• Apply for tax ruling for the WHT.• Apply for the refund of VAT and WHT• Act as a Contact person between HL and external tax advisors and Taiwan Tax Office.• Manage other tax related topics for tax optimization.• Recommending improvements to tax-related systems• Identifying areas to reduce tax exposureOthers• Optimize ERP Microsoft Dynamics Accounting system and support process improvement.• Develop and/or Revise Accounting Policies and Process Manuals.• Managed the accounting team.• Coordinate with Treasury Team, Project Finance Team and Accounts Payable team all related activities.• Ensure the Bank reconciliation.• Responsible for the reconciliation and settlement of intercompany transactions as well as Transfer Pricing Report• Other project support assigned.Qualifications Required • University major in Accounting, Finance or related discipline, with at least 8 -10 years of relevant working experience in similar function. Big 4 CPA firm experience is preferred.• Detail oriented, passion for initiation, strong organizational skills, hands on and reliable.• Solid understanding of tax regulation, corporate governance, accounting principles (both in EAS and IFRS) and daily operation. Familiar with GAAP difference handling is a plus.• Good communication skills and can work under pressure.• Fluent English both verbal and written.• Familiar with ERP process and implementation. Dynamics is preferred