Business Development Junior Officer

2 weeks ago

Cape Town, South Africa GreenCo Power Services (Pty) Limited Full time

**A. About GreenCo Power Services (Pty) Limited (GreenCo)**

GreenCo acts as an intermediary offtaker and service provider, purchasing power from renewable IPPs and selling that electricity to utilities and private sector offtakers (i.e. commercial and industrial users) and competitive markets in South Africa or of the Southern African Power Pool (SAPP). Through its activities, GreenCo will increase the supply of, and demand for, finance for energy projects, and mobilise private sector capital more quickly towards critical and transformative capacity addition.

GreenCo's vision is to lead innovation and sustainably transform renewable energy markets. This will be achieved through:

- Forward-looking approach to the deeper integration of power markets to unlock investment in renewable energy generation capacity.
- Focusing on creating impact through innovative new solutions in the energy sector.
- Fostering an agile start-up culture with a focus on individual responsibility and personal impact.

**B. The Role in Context**

Business Development Officer

Purpose of the job

The Business Development Officer will be responsible for matters pertaining to South Africa on Independent Power Producer (IPP)/stakeholder and customer engagements, managing submissions on the GreenCo IPP procurement portal, Know Your Customer (KYC) due diligence, offtake credit analysis, conducting market research and analysis, preparing presentations, and work with and enhance BD tariff tools. Key focus shall be on the South Africa activities of the Group.

The Business Development Officer will also ensure that all day-to-day functions of the Business Development unit in South Africa are taken care of to ensure efficient running of the department.

Key duties of the Business Development Officer:

- High-level involvement in engagements with South African IPPs, large commercial & industrial off-takers, and other buyers;
- Geographical coverage to cover South Africa;
- News gathering, market research, and cross-functional liaison covering GreenCo and Business Development areas of interest as well as the relevant wider regional business macro environment;
- Collaborating with the regional business development team in monitoring of the GreenCo IPP procurement portal, and soliciting and engaging with South African developers on their submissions;
- Conducting KYC screening processes in collaboration with the Risk Management department;
- Tracking and performing analysis on offtake credit risk in the GreenCo portfolio of IPPs in South Africa;
- Detailed and stakeholder-specific tariff analysis and formulation covering national/regional benchmarks, competition offering, as well as present and future tariff setting parameters;
- Transaction structuring of GreenCo transactions across the power generation and supply chain (offtake-wheeling-supply) in Eskom and/or municipality jurisdications.
- Contributing to creating business cases for new buy/sell power transactions in South Africa;
- Client / stakeholder relationship management and representation of the company at appropriate industry for a in South Africa;
- Contributing to go-to-market strategy and regulatory roadmaps in South Africa ;
- Recommending and co-implementing operational procedures and system enhancements to meet defined product delivery and risk acceptance criteria, including trade capture, volume handling, reconciliation, statement and invoice production.

**C. Qualifications and Requirements**

The Business Development Officer will be expected to bring a combination of the following experience, personal attributes, and qualifications:

- Minimum of 2 years of overall professional working experience, preferably in business origination and client management, and exposure to financial and / or energy sectors;
- Minimum Degree level education from a recognized university/institution in energy, business, economics, finance or equivalent - additional qualifications will be considered an advantage;
- Must be fluent in written and oral English;
- General knowledge of finance and counterparty risk;
- Ability to network, build relationships and work collaboratively;
- Innovative self-starter who can work on own initiative to problem solve and manages cross-departmental projects.
- Intermediate skill in working with excel, power point presentation, collaborate and project management tools.

**D. Time Commitment**

**E. Conflict of Interest**

Potential conflicts of interest must be declared and discussed prior to this appointment.

**Job Types**: Full-time, Contract
Contract length: 12 months

**Salary**: From R9,000.00 per month

Application Deadline: 2023/07/31

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