Job Description

Want to join a frontrunner in renewable energy that is actively seeking early entry into new markets globally? Since the establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Driven by our company values and competent global workforce, we aim to deliver competitive and sustainable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present on four continents and are headquartered in Oslo, Norway.

Main purpose of positionCurrently we are looking for a Senior Project Finance Manager in Cape Town, South Africa to be part of our global team working together towards our vision – Improving our future. The Project Finance Manager will prepare and manage Financial Evaluation, Financial Analysis, Risk Assessment and Financing of new projects and new opportunities during opportunity during all phases of project development i.e., from Inception to Financial close.

Main responsibilities

• Financial modelling - Prepare comprehensive financial models for investment evaluation based on lender and equity perspectives. Take responsibility for portfolio of Financial Models within the portfolio of projects.
• Delivery of cash flow forecasts and analyse project scenarios
• Evaluation of project risk and Analyse project return
• Prepare Project Finance input to presentations during all project phases
• Negotiate relevant financial closing documentation and co-ordinate signing and closing
• Interaction with lenders, insurance advisers, tax advisers and financial advisers
• Finalise lender related requirements for financial closure and ensure timely compliance
• Evaluate new technology financial feasibility
• Investigate tax legislation, legal aspects, and novel funding opportunities
• Obtain project inputs from all stakeholders and ensure appropriate capturing in financial models
• Define results in project risk/return
• Liaise with project team members and departments across organisation and geographies
• Support senior management decision making

Qualifications and competencies

• Bachelor/Master's degree in Finance, Economics, Mathematics, or similar University level education with CA/CFA/MBA
• 10+ years background in Project Finance, Structured Finance or M&A (Mergers and Acquisitions)
• 7+ years’ experience in complex financial modelling using MS Excel
• Demonstrated successful financial closing of several Project Financed deals
• Renewable energy experience
• Solution orientated, dedicated and someone who takes ownership of tasks and responsibilities
• Strong background in Project Finance, Structured Finance and Corporate Finance
• Capability to build up networks with key local stakeholders and lead transaction teams
• Intercultural understanding and the ability to work in an international environment is important
• Excellent MS Excel Financial Modelling skills, AI support

Personal characteristics

It is part of every employee’s terms of reference to contribute to Scatec's vision: Improving our Future and adhere to our company values which are:

• Predictable demonstrate clear communication and listening skills, shares information in an open and honest way
• Driving results: demonstrate determination, pro-activeness, can prioritise and work independently
• Changemaker: demonstrate entrepreneurship, can challenge, fast learner, take initiates and adjust
• Working together: demonstrate teamwork, shares responsibilities, can compromise, has a can-do attitude

For this particular role we also expect

• Demonstrated ability to be self-motivated and perform job tasks independently
• Ability to thrive in a fast-paced environment and maintain perspective in the midst of changing timelines and rapid decision making.
• Strong communication and team working skills
• Fluent English, additional language a plus
• Excellent commercial and negotiation skills
• Self-motivated, hands-on-and can-do mentality and the ability to work under pressure are self-evident

We offerScatec is an exciting, innovative and ambitious company operating in a growing industry. We offer a challenging and interesting position where you will be part of a flexible, diverse and truly international working environment consisting of highly competent and committed colleagues with a positive drive to make a difference.

Scatec is an equal opportunity employer and values diversity. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other basis protected by appropriate law.

All hiring decisions are made based on merit, competence and business need.