ROLES AND RESPONSIBILITIES
Main purpose of the role:
The Project Finance Analyst assists the project team by advising, structuring, and implementing project finance structures for renewable energy projects in South Africa and for certain African geographies.
In accordance with the level of maturity of the project(s), the Project Finance Analyst will be involved in:
- Financial modelling
- Financing process
- Due diligence
- Internal investment processes
Key responsibilities:
Financial modelling
- Build and/or run financial models for internal needs (project evaluation in development phase) or external (bid preparation and submission, financial close, project finance implementation, and refinancing of projects)
- Seek for and validate inputs
- Run and optimize scenarios/sensitivities
- Assist in the model audit processes
- Assist with any model related queries (e.g. from the various internal teams, from the offtaker, banks, and/or other third parties)
Financing process
- Review and analyse project documentation as it relates to the project financing
- Analyse the bankability of projects
- Define the schedule for the project funding in coordination with the project team
- Draft teasers and information memorandums for the lenders and/or other funding stakeholders
- Benchmarking funding offers
- Analyse financial documentation (loan agreements, facility agreements, securities, hedging documentation, intercreditor agreement) and provide input to relevant internal teams
- Monitor and manage the Condition Precedents process and/or initial drawdowns
- Assist in implementing the hedging/mitigation strategies
Due diligence
- Provide input into the financial aspect of due diligence process
- Assist in defining the scope of work and manage external advisors (finance advisors, legal, model auditors)
Internal process
- Prepare material for decision-making processes, boards of directors, and/or investment committees
Other ad hoc responsibilities may include:
- Market monitoring to provide the company with access to the latest market trends, products, funding options
- Banks monitoring (countries, organisation)
- Any other duties that will contribute to the success of the company's business as instructed from time to time by management
Health and Safety Responsibilities:
Managers and supervisors carry both legal and company responsibilities for ensuring the health and safety of their employees, those under their control, and those who might be affected by the work undertaken, i.e., public, visitors and employees of other organizations. This includes ensuring risk assessments are conducted and mitigation measures are clearly communicated and understood by individuals. Managers must also ensure that individuals have the necessary understanding, competence, and application of requirements to work safely and without harming the environment.
Employees are responsible for ensuring they fully understand the health and safety risks involved in their work activities and their responsibility to apply the controls needed to manage those risks to acceptable levels. Similarly, where work activities can have an adverse impact upon the environment, and particularly where there are legal requirements, employees are responsible for understanding those impacts and the controls they must ensure are applied.
REPORTING RELATIONSHIPS
The position reports directly into:
Head of Project Finance
The position reports functionally into (if applicable):
Group organization: Functional reporting line to Project Finance team in Paris (headquarters)
Project organization: the Project Finance Analyst will be a member of Project teams (as part of the Finance workstream), in bidding and/or closing phases.
QUALIFICATIONS AND CERTIFICATIONS
Must-have Qualifications and Certifications:
Bachelor's degree or Master's Degree in Finance, Economics or equivalent.
Preferred Qualifications and Certifications:
Chartered Accountant CA(SA), or Chartered Financial Analyst (CFA)
RELEVANT EXPERIENCES
Must-have years of professional experience:
At least 2-4 years proven work experience in similar position.
Preferred years of industry experience:
2 years of energy or infrastructure sector experience.
COMPETENCIES
Technical competencies:
Financial modelling and valuation
Strong Excel skills
Strong PowerPoint skills
Behavioral competencies:
Attention to detail
Proactive in a dynamic environment
Able to work under pressure and meet deadlines
Good communicator
Excellent communication skills in both oral and written English; additional local language skills are an advantage
