Project Financial Controller
6 months ago
Reference No. 2011 33 SS
**Reference Number**: 2011 33 SS**
**Job Description:
Our client, a South African based IPP in the renewable energy industry, is seeking a Project Financial Controller who will be responsible for assisting the Asset Management Team in managing the portfolio of projects from financial close during construction and operation phases.
**Responsibilities**:
- Implementation of procedures to ensure good corporate governance principles.
- Monthly EXCO report co-ordination.
- Quarterly Board report co-ordination.
- Plan, execute and monitor the obligations of Project Company’s shareholders (equity and shareholders’ loans).
- Plan, execute and monitor the drawdown of debt from the Lenders (prepare utilisation requests).
- Plan, execute and monitor the payment of dividends to shareholders.
- Plan, execute and monitor the payment of interest, repayment of debt to the Lenders, dividend payments and any redemptions of the preference shares.
- Review compliance with the minimum ratios required by the Finance Documents.
- Plan and monitor statutory reporting compliance.
- Cost management and control / budget preparation.
- Quarterly foreign currency revaluations.
- Review all capturing done by the accountant.
- Tax compliance, assist tax advisor in compiling and reviewing monthly compliance returns.
- Reporting monthly management accounts and quarterly reporting.
- Management of Quarterly operational reports.
- Compliance of general project documents, PPA, DCUoSA and IA, regulatory.
- Funder, shareholder and board reporting obligations.
- Management of EPC, O&M contracts, interfaces, project, insurance policies and utility contracts.
- Review annual and provisional income tax returns and VAT.
- Annual audit coordination.
- Coordinate and review the preparation of Annual Financial Statements for the Project Companies.
**Requirements**:Qualification and Skill**_
- **
- CA(SA)
- 1 - 2 years renewable energy experience (within audit or in commerce)
- Strong analytical skills for problem-solving.
- Attention to detail.
- Deadline driven and good time management skills.
- Ability to work both independently as well as within a team.
- Strong working knowledge with an ERP system (Sage X3 advantageous)
- Advanced Excel knowledge
**Benefits and Contractual information**:
- Competitive annual package
- Permanent employment opportunity
**Sheree Scheepers**
Recruitment Consultant
**CA Mining
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