Active Roles at Scatec ASA

Main purpose of position

• Currently 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

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Main responsibilities

• Capture and process day-to-day financial transactions accurately in the ERP system.
• Perform regular bank reconciliations and resolve discrepancies promptly.
• Maintain and review inventory reporting to ensure accurate tracking and valuation.
• Prepare and reconcile monthly balance sheet accounts, including accruals, provisions, VAT, and FX revaluations.
• Manage intercompany transactions, including invoicing, reconciliations, reporting, and eliminations.
• Review financial actuals for accuracy and prepare monthly reports for Group submission.
• Prepare annual financial statements in line with local regulations and accounting standards.
• Ensure tax and statutory compliance, including VAT, corporate income tax, and CIPC submissions.
• Support international payments and SARB applications, liaise with auditors, oversee invoice approvals, manage bank access, and assist with ad-hoc group finance tasks.

Qualifications and competencies 

• Bachelor’s Degree in Accounting, Finance, Management Accounting, or equivalent with solid academic results
• 3-5 Years of relevant experience in a similar environment
• Preferred experience from project-based companies with strong financial practices
• Experience in IFRS accounting and internal controls and general Tax knowledge
• Experience in inventory accounting
• Experienced with D365 ERP system would be advantageous