Job Description

ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures and the supply of energy to individuals, local authorities, and businesses. Every year, ENGIE works to drive forward the energy transition and achieve its net-zero carbon goal by 2045. The Group has been present in Africa for over 50 years.
ENGIE provides expertise in four (4) Global Business Units:

• Renewables & Flex Power - Delivering greener and smarter electrons through renewable energy and flexible power solutions.
• Local Energy Infrastructures - Support customers in achieving significant decarbonization goals.
• Networks - Expanding and adapting power and gas infrastructure to accommodate the transition to green molecules.
• Supply & Energy Management - Leveraging ENGIE's global energy assets to deliver secure, sustainable energy to customers.

About ENGIE in South Africa:

• 15 years + presence in South Africa
• First and largest Independent Power Producer (IPP) with more than 1,6 GW in operation
• Over 300 + professionals
• Developed, built and operate the first H2 plant in Africa at Mogalakwena mine
• Founding member of the Hydrogen valley initiative with Anglo American and the Department of Science and Technology
• Operational and Safety excellence across all sites
• Growth Market for ENGIE

In South Africa, ENGIE has a growing involvement and portfolio of operational assets:

• Avon & Dedisa Peaking Power (1005 MW OCGT)
• Xina Solar One (100 MW CSP)
• Kathu Solar Park (100 MW CSP)
• Aurora Wind (95 MW Onshore Wind)
• Golden Valley (117 MW Onshore Wind)
• Excelsior (32 MW Onshore Wind)
• Konkoonsies 2 (75 MW Solar PV)
• Aggeneys (40 MW Solar PV)
• MBP (75 MW Solar PV)
• Grootspruit (75 MW Solar PV) - in construction
• Graspan (75 MW Solar PV) - in construction
• OYA Hybrid (333 MW Solar/ Wind/ BESS) - in construction

For more information please visit:

• KEY RESPONSIBILITIES

The Senior Finance Manager is responsible for the Finance and Administration processes of one or more of the Project Companies of ENGIE's portfolio as assigned.
Financial management

• Supervising all financial accounting activities (bookkeeping, month end close, journal and reconciliation review, periodic disbursements etc.);
• Eskom invoicing and payment of all creditors;
• Monitor Operations Budget and payment of O&M Company;
• Monitor daily and monthly energy production;
• Implement recommendations made by the Company's auditors and ARC;
• Ensuring that all accounting and other related administrative records of the Company are maintained properly;
• Monthly trial balance review, identification of any anomalies or possible problems, investigation and resolving of issues;
• Review and sign off monthly balance;
• Management accounts movement reviews and analysis on specific accounts as required;
• Assist in procurement and HR administration function.

Shareholder Obligations

• Plan, execute and monitor payment of interest and repayment of shareholder loans
• Plan, execute and monitor payment of dividends
• Implementation of strategies to safeguard and/or increase shareholder value

Lenders' Obligations

• Manage the performance of the obligations of the Company under the Financing Agreements
• Prepare documents and reports to lenders
• Plan, execute and monitor debt service
• Manage compliance with financial covenants and hedging strategy
• Respond to all queries and requests for information from lenders

Project Document Obligations

• Ensure compliance with all Project Documents
• Control and verify the calculation of any bonuses to be paid to the O&M Company
• Monitor and liaise with the O&M Company and submit accurate daily and weekly production forecasts
• Respond to queries and requests for information from the DoE and Eskom

Treasury & cash management

• Treasury & cash management including management of all debt facilities and related agreements;
• Implement improved budgeting and forecasting methodologies to limit deviations of actuals from budget/forecast
• Monitor the implementation of the foreign exchange and interest rate swap hedge book and execution of the hedge strategy
• Periodic update to the financial model / business case including relevant analysis
• Maximize the return of available cash while minimizing the volatility

Taxation compliance

• Preparation and filing of tax returns (Income Tax, VAT etc.)

Reporting & analysis

• Interact with ENGIE Finance Team with a special focus on compliance and ENGIE SMART reporting ensuring timely and accurate response to queries;
• Monitoring of Company actual performance against targets;
• Ensure timely and accurate statutory reporting and reporting to stakeholders;
• Preparation and presentation of annual budgets and periodic forecasts;
• Management of the annual audit process including preparation of the annual financial statements under IFRS;
• Preparation of the Audit Committee pack and presentation to the Audit Committee;
• Assisting in the preparation of Board pack and participation in the Board meetings.

Governance & internal controls

• Continuous implementation and improvement of existing policies, processes, procedures and systems where the opportunity exists;
• Optimization and management of key financial risks;
• Ensuring compliance with Company's internal policies, processes and procedures and guidelines;
• Ensure compliance with ENGIE's internal control rules;
• Ensuring compliance with applicable legislation and accounting standards

Other

• Assist in the management of insurance programmes
• Manage and oversee IT services with external service providers
• Managing of junior staff reports and ensuring skills and knowledge transfer is achieved

• COMMUNICATION AND WORKING RELATIONSHIPS

Internal:

• Country CFO
• Chief Executive Officer (of Project Company)
• Finance & Admin assistant
• Economic Development Manager where applicable
• Legal Department
• Finance Department
• HR Department

External:

• Shareholder representatives & Board of Directors;
• Lender representatives (including facility agent, lender's legal and technical advisors);
• Suppliers;
• External auditors;
• Relevant authorities (SARS, Eskom etc.)
• Account Bank, Hedge Providers & the Reserve Bank.

• QUALIFICATIONS, EXPERIENCE AND SKILLS

Education

• Qualified Chartered Accountant, Engineer or Economist with minimum 7 years post articles experience

Language

• Excellent English communication skills (verbal and written)

Experience

• Minimum 7 years experience in infrastructure asset management environment
• Experience working within or with Independent Power Producers is preferable

Specific Knowledge / skills

• knowledge of and ability to interpret and update financial models (critical skill)
• Understanding of the South African renewable energy market
• Knowledge of Project Finance is a key advantage
• Knowledge and application of relevant compliance requirements with complex contractual entities
• Knowledge of legislative and regulatory changes that might have a financial impact on the Asset Owner
• Excellent knowledge of finance, accounting (IFRS), tax, and the applicable functions and disciplines
• Strong knowledge of financial controls
• Excellent MS office computer skills
• Great Plains and/or SAP experience is a plus

6. GENERAL RESPONSIBILITIES

• Adheres to the Company Policies and Procedures
• Behaves in a responsible way
• Lives the values of the Company
• Adopts a collaborative approach with stakeholders and other employees
• Undertakes other duties as may be requested within reason

ENGIE Southern Africa (Pty) Ltd is committed to equality, employment equity, and diversity. ENGIE Southern Africa (Pty) Ltd reserves the right not to make an appointment to the posts as advertised. Candidates with disabilities are encouraged to apply for positions.
Business Unit: T&G
Division: T&G AMEA - South Africa
Legal Entity: ENGIE Southern Africa (Prioprietary) Limited
Professional Experience: Skilled ( >3 experience
Education Level: Bachelor's Degree
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