SUNOTEC is Europe’s market leader in the construction of utility photovoltaic plants. Based in Sofia (Bulgaria) and Munich (Germany), the company currently employs over 1 500 people. With more than 630 solar power plants and over 10 GWp capacity built, SUNOTEC has made a significant contribution to a sustainable and green energy mix in Europe, Africa and the Middle East. SUNOTEC positions itself as an integrated solution provider, covering all services from geology, procurement, engineering and construction services to operations and maintenance and re-powering of plants with a large focus on BESS.
Expanding our SUNOTEC Team in Munich or Sofia, we are looking for a Guarantees and Bonds Specialist.
Responsibilities:
- Negotiate guarantee and bond wordings with clients, banks, insurers, and guarantors to ensure clarity, compliance, and alignment with company policies;
- Review and refine guarantee and bond terms to mitigate risks, ensure legal accuracy, and suggest improvements;
- Collaborate with project managers, procurement, and legal teams to understand contract requirements and ensure bond obligations are met;
- Liaise with banks, insurance companies, and other guarantors for the negotiation and issuance of guarantees and bonds, and facilities;
- Administer all guarantees and bonds issued or received by the company, including performance and bid bonds, advance payment, and other financial guarantees;
- Ensure timely issuance, renewal, and release of guarantees and bonds in coordination with stakeholders;
- Maintain an accurate database of all active guarantees and bonds, including terms, expiration dates, and associated risks;
- Prepare comprehensive reporting packages for financial intermediaries, including necessary documentation to support guarantee and bond transactions;
- Conduct risk assessments related to guarantees and bonds to ensure compliance with company policies and legal regulations;
- Regularly review guarantee and bond terms to mitigate risks and suggest improvements;
- Stay updated on laws, regulations, and industry standards that may impact the company's obligations;
- Prepare periodic reports for Senior Management summarizing guarantee and bond activities, associated risks, and upcoming deadlines;
- Analyze trends to propose cost-saving measures or process enhancements;
- Maintain proper documentation of all guarantees and bonds, ensuring they are easily accessible for audits or internal reviews;
- Provide support during internal and external audits related to guarantees and bonds.
Requirements:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field;
- Minimum of 3–5 years of experience in finance, risk management, contract management, or a similar role;
- Strong analytical and problem-solving skills;
- Excellent communication and negotiation abilities in English and German;
- Proficiency in financial systems and tools;
- Attention to detail with strong organizational skills;
- Knowledge of legal and regulatory frameworks related to guarantees and bonds is a strong plus.
What we offer:
- Competitive salary;
- Permanent contract;
- Exciting opportunities in a dynamic, globally-driven company with a strong international presence;
- Additional payment or complete takeover of direct insurance;
- eGym (fully covered);
- Mobile working opportunities;
- Positive working environment (relax zone, memorable team buildings and events, free drinks at the office).
In case your professional qualification corresponds to the above requirements, and you wish to join our growing team, please send us your CV in English.
Only shortlisted applicants will be contacted. Your documents and personal data will be treated as confidential and will be protected according to Bulgarian Data Protection Legislation and the General Data Protection Regulation 2016/679 (GDPR).