Asset Analyst at Scatec ASA

Main purpose of position
Currently we are looking for an Asset Analyst in Cape Town, South Africa to be part of our global team working together towards our vision – Improving our future. As our Asset Analyst you will support the Finance and Asset Management team with the daily management of all commercial, contractual, regulatory and reporting obligations of a portfolio of Scatec Solar PV power plants in both the construction and operational phases.

Main responsibilities 

• Monitor project level profit and loss (P&L) activities to ensure that the power plants are delivering expected financial returns, analysis of P&L variances, Cash Flow Forecasts and solar plant budget review
• Administer all project financing agreements including the monitoring of all payments of the plant
• Analyse system efficiencies and identify opportunities for improved performance
• Monitor maintenance and operations activities of the assets
• Monitor the compliance in all contracts and activities
• Provide assistance in due diligence process, including review of financial and operational assumptions
• Maintain and manage all respective permits and licenses
• Support Legal department in any legal action and coordinate claims
• Contact the Off takers to resolve potential discrepancies
• Coordinate with Finance team to ensure monthly accruals, GL entries and internal reporting are completed in a timely and accurate manner

Qualifications and competencies

• Minimum: Bachelor’s Degree in financial management or accounting
• Proficiency in understanding and budgeting cashflows
• Proficiency in understanding and budgeting on an accrual accounting basis
• Proficiency in understanding and interpreting management accounts and financial statements
• Proficiency in tax, corporate governance and contract management
• 3-5 years working experience within project finance, financial management, accounting or financial analysis environments
• Ideal: Professional qualification such as CA(SA), CIMA, CFA
• Financial modelling certification
• Knowledge of large-scale renewable energy projects would be beneficial
• Fluent in English, spoken and written 

Closing Date: 8th, July 2022