Description:
A leader within the South African renewable energy space is looking for an Asset Manager to join their operations in Cape Town
Minimum requirements:
• Financial, Engineering or Legal degree with advanced operational and project finance knowledge
• Minimum 2-3 years strong and proven commercial experience in a South African infrastructure asset management environment.
• The ability to use own initiative to do what is required, e.g. initiate the implementation of new processes or find resolve for problems without having received an instruction to do so.
• Proficiency in understanding financial modelling and analysis
• Strong Project Management skills
• Reporting experience to various Boards of Infrastructure Asset Companies is an essential requirement.
• Knowledge and understanding of the OHS Act.
• Knowledge and application of relevant compliance requirements with complex contractual entities.
• Evidence of managing stakeholder relationships at this level required with senior relationships in the REIPPPP industry (e.g. DOE, NERSA, Eskom, commercial banks) preferred.
• Experience in managing businesses with social investment programmes whereby Enterprise Development and Socio-Economic Development obligations have had to be met.
• Detail oriented, with an ability to establish and follow processes.
• Understanding of PV system design, operation, and key commercial and business drivers.
• Knowledgeable in the systems, processes and protocols guiding the operations and maintenance of utility PV solar plants and electrical systems.
• Willingness to travel.
• Understanding of renewable energy environment, development, implementation and the key commercial and business drivers.
• Knowledge of engineering science and technology
Your responsibilities will include:
• Assume ultimate responsibility and accountability for SPV asset management, overseeing activities from financial close to the project's end of life.
• Drive both financial and operational performance to ensure optimal project outcomes.
• Assess operational performance and identify areas for enhanced performance, through minimizing downtime, conducting root cause analyses
• Take charge of driving profits through strategic initiatives such as refinancing, plant performance improvements, and other optimizations.
• Facilitate the identification, development, and implementation of improvements in business processes
• Monitor project-level profit & loss (P&L) activities, conducting analyses of budget variance, CF Forecast, and solar plants budget reviews to guarantee expected financial returns.
• Manage project insurance activities.
• Administer all project financing agreements, including monitoring payments, handling loan disbursement, and equity contributions.
• Act as the key point of contact with Senior Lenders, executing bank transactions and ensuring compliance with all covenants and required provisions.
• Monitor project-level profit & loss (P&L), cash flows, and annual budget deviation.
• Verify inputs and provide support for monthly revenue invoicing.
• Produce monthly/quarterly/annual management and plant performance reports.
• Prepare quarterly board packs and host board meetings.
• Determine and review annual budgets in collaboration with the finance team.
• Review and authorize monthly payment schedules.
Should you meet the above requirements, please send a detailed CV to engineering.jobs@mspstaffing.co.za or call the team on XXX-XXXX.