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Job Title
Financial Close Project Manager
Employment Type
Full Time
Experience
5 to 10 years
Salary
Negotiable
Job Published
27 January 2025
Job Reference No.
1603041593

Job Description

Financial Close Project Manager

Market-related Salary Package

Cape Town

Role  Purpose

A leading renewable energy company is seeking a Financial Close Project Manager to oversee and manage the planning and delivery of utility-scale renewable energy projects to ensure successful financial close. This role requires coordination of multiple stakeholders, including EPC contractors, equipment suppliers, O&M contractors, and third-party consultants, ensuring all contractual obligations and project milestones are met.

The ideal candidate has strong experience in project management within the power generation sector, particularly in renewable energy project development and financial closing.

Key Responsibilities:

  • Project Development: Support project sourcing teams by defining due diligence criteria and ensuring projects are handed over with all required approvals.
  • Financial Close Planning: Develop, update, and track the financial close schedule, ensuring alignment with investment committee timelines and project checkpoints.
  • EPC Procurement: Lead RFI and bid evaluation processes, review technical and commercial proposals, and negotiate key contractual terms with preferred EPC contractors.
  • Financial Close Team Leadership: Assemble and manage a cross-functional financial closing team, overseeing contract negotiations and regulatory compliance with Eskom and other external entities.
  • Stakeholder & Risk Management: Effectively coordinate with internal and external stakeholders, manage lender technical advisors (LTA), and proactively identify and mitigate risks.
  • Reporting: Maintain an FC tracker, provide weekly updates, and flag any critical risks to senior leadership.

Qualifications & Experience:

  • Education: Degree in Engineering, Project Management, Finance, or Business Management.
  • Experience:
    • 5-10 years of project management experience in power generation, preferably renewable energy.
    • 3+ years of site experience in financial close or project development for South African renewable energy projects.
  • Technical Competencies:
    • Strong knowledge of financial closing activities in energy projects.
    • Proficiency in project management tools and financial modelling.
    • Understanding of industry legislation, policies, and standards.
  • Key Skills & Attributes:
    • Excellent problem-solving, decision-making, and negotiation skills.
    • Strong communication and stakeholder management abilities.
    • Ability to work under pressure and manage multiple complex transactions.
    • Analytical mindset with high attention to detail.
    • Willingness to travel as required.

Please note: If you do not receive a response within two weeks, please consider your application unsuccessful.

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