Vice President

Overview:
Want to join a frontrunner in renewable energy that is actively seeking early entry into new markets globally? Since the establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Driven by our company values and competent global workforce, we aim to deliver competitive and sustainable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present on four continents and are headquartered in Oslo, Norway.

**Main purpose of position**

Currently we are looking for a **Vice President (VP) for Asset Ownership & Stakeholder Relations** in Cape Town, South Africa to be part of our global team working together towards our vision - Improving our future. The VP - Asset Ownership & Stakeholder Relations will protect and represent Scatec’s shareholder interests in it’s project SPV’s. Where appropriate, to maximize returns on and reduce risks on project investments through active industrial ownership (at project’s shareholders and board levels, as well as internally). To support Project Development, Project Finance, Construction and O&M processes prior to Financial Close. Maintain sound partnership and stakeholder management, including high-level relations with equity partners. Consideration of the investment business case post-DG3 keeping the Scatec business model in mind. Drive/oversee operational and financial improvements and optimizations at project and portfolio levels, including re-financing and divestments from a process perspective. Work with the relevant teams within Scatec such as the Project Finance team or asset management teams for solutions, valuations and optimisations.

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**Main responsibilities**

**Ownership**:

- Carry out investment management and own the Scatec business case post-DG3
- Be responsible for the activities required for management of Scatec’s equity investments
- Work to maximize returns through active ownership, internal and external stakeholder management
- Maintain a holistic business and company perspective, own investor-level risks
- Communication of learnings / key lessons learned across Regions and Functions
- Hold Shareholder and Board representation in HoldCos and SPVs
- Initiate/drive/oversee the process of re-financing and divestments in consultation with the relevant internal Scatec teams

**Development**:

- Support project structuring activities (in-country setup, partnerships, governance and so on)
- Help to negotiate key commercial agreements (SPA, DSA/JDA, SHA, PPA, GCA, CTA/FA, EPCA, O&MA, MSA)
- Support closing of Conditions Precedents
- Oversee handover from BD to F&AM, EPC and O&M

**Construction**:

- Support and oversee sound risk management at the Project level in conjunction with the relevant internal teams
- Support Finance & Asset Management organisation (cash flow, drawdown of senior debt, reporting etc.)
- Help to ensure contractual and statutory compliance and corporate governance
- Manage internal and external stakeholders (lenders, partners, government/regulators)
- Support EPC in realizing maximum EPC Margin (timely COD, delay LDs, performance LDs, claims etc.)
- Ensure efficient and timely Taking Over from EPC to SPV/O&M

**Operations**:

- Support and oversee sound risk management at the project level in conjunction with the relevant internal teams
- Support O&M in realizing maximum O&M margin (performance LDs, claims, fee adjustments etc.)
- Continue to support F&AM organization
- Drive/oversee possible financial and operational improvements and optimization
- Maximize Scatec share of distributions from the SPVs

**Stakeholder Relations**:

- Develop and provide strategic advice on the implementation of Managed Operations in RSA Stakeholder Relations strategy, policies and plans by ensuring alignment with South African legislation and Scatec Group policies
- Analyse and manage the national stakeholders' interests and requirements
- Advise operations and senior leadership on strategic engagement
- Gather information, analyse it from a stakeholder perspective, and provide proactive solutions
- Reputational management in national and local government
- Seek partnership opportunities internally and externally for strategic business initiatives
- Work out and develop tactical plans to manage the stakeholders’ expectations and address Scatec Group legacy issues in South Africa
- Facilitate stakeholder audits working with the Group; report on the findings and compile action plans on the mitigation of shortcomings
- Evaluate impact of engagement strategies; provide feedback to local management team

**Qualifications and competencies**
- Degree in Finance, Accounting, Business Administration, Law or Engineering.
- Ideal: Masters / Professional Body in the same field
- Minimum: 7-9 years’ experience within the are