Investment Analyst

We are seeking an experienced Project Investment Analyst to conduct NPV and IRR analysis for large infrastructure projects ($20m – over $2b) and populate financial sections of business cases. The role also involves financial analysis for pricing decisions and commercial negotiations. The role does NOT use any financial systems and is not involved any corporate performance reporting or financial systems planning. 

Key Responsibilities: 

• Review project costing (for completes and financial assumptions) and resolve identified costing issues with project managers. 
• Provide insights on project key financial drivers, risks, and conduct sensitivity and scenario analysis. 
• Advise Project Managers, the Project Assurance Team, and your Manager on identified issues and opportunities, and propose issue resolution actions. 
• Populate financial sections of business cases, Board papers and government submissions and present results of your financial analysis and recommendations to senior stakeholders. 
• Review or build Discounted Cash Flow (DCF) models in Excel for cost, revenue, land tax, and income tax projections. 
• Develop costing and pricing models for Unregulated Products and Services (e.g. recycled water, renewable energy) and commercial contracts with developers. 
• Contribute to improving costing, evaluation, and business case development tools and Excel financial models. 

Experience & Skills: 

• Degree in Business, Economics, or Finance (CPA/CA not required). 
• Ideally experience in advisory/consulting, investment banking, or large asset-intensive organisations (utilities, energy, telecommunications). 
• Strong people and communication skills with the ability to engage both technical and non-technical stakeholders and facilitate issue resolution. Ability to communicate with clarity and impact. 
• Independent and proactive in managing and prioritisation of tasks with a focus on delivering results within deadline. 

Essential Requirements 

• At least 5 years of work experience in a relevant business area 
• Experience with project financial assessments, business case development or business valuations (ideally infrastructure projects)   
• You must be an Australian Citizen or Permanent Resident at the time of submitting your application to be considered for this role. 

Closing Date: Thursday 18th June 2026.

Please advise if you require any adjustments to actively participate in the application and recruitment process. Please contact ***************@sydneywater.com.au for any further information. 

Dive into Our Great Benefits!  

Competitive Compensation: We’ll ensure that your skills and contributions are valued and rewarded appropriately.  

Hybrid Work Environment: We offer a hybrid work model that balances remote work and office collaboration, supporting our team's productivity and well-being.  

Continuous Professional Growth: We will invest in your career with leadership and development programs to propel your success.  

24/7 Wellbeing Support: Access for you and your family to free and confidential mental health and general health support through our EAP portal.  

Discounted Private Health Insurance: Unlock affordable access to top-tier health coverage with our discounted insurance plans.  

Family First: Prioritise your family with up to 18 weeks of fully paid parental leave and a generous childcare allowance.  

Fitness Passport: Achieve your physical fitness goals using our Fitness Passport, granting you access to a multitude of gyms and pools across NSW.  

Novated Leasing: Get in the driver's seat of your financial future with our novated lease options.  

Working at Sydney Water   

We welcome and encourage applications from diverse backgrounds, including Aboriginal and Torres Strait Islander people, LGBTQIA+, people with disability, people with caring responsibilities, people from culturally and linguistically diverse backgrounds, and veterans.  

As part of the application process, Sydney Water will be collecting your personal information to assess your suitability for the role. We will also use your personal information to establish a Live Hire talent profile in our Talent Community.  

We look at our Talent Community first when new opportunities come up when you apply for a role. Your personal information will be collected in accordance with Live Hire’s Terms, Privacy Policy and Sydney Water’s Privacy Collection Statement – Job Application. Please note as part of the application process, you will be asked to undergo background checks which includes a criminal history check.  

Please see the position description for the role’s full accountabilities.