Senior Associate: Asset Management (Fixed Term Contract)

Job Title

Senior Associate: Asset Management (Fixed Term Contract: 2 Years)

About the Company

Since its establishment in 2008, Mulilo has grown into one of the leading Independent Power Producers (IPP) in Southern Africa. Mulilo is majority owned by Copenhagen Infrastructure Partners, the world’s leading private equity investor in renewable energy assets, through its New Markets Fund I. Mulilo has concluded numerous PPA's in both the Department of Mineral Energy's Renewable Energy Independent Power Producer Programme (REIPPP) and with several large corporate energy users. Mulilo currently operates 450MW of wind and solar PV projects and has a further 500MW of projects under financial close and close to 1GWh of energy storage projects awarded with its partners. Having adopted a strategy that aligns with the company's long-term vision, Mulilo has accumulated a pipeline of projects exceeding 25GW, and is now positioned as a key player in the renewable energy sector.

Mulilo places strong emphasis on its human capital and prides itself in providing a world class working environment for all its employees, thereby placing huge value on career progression and personal growth.

Mulilo is guided by strong ethical principles and adheres to its environmental, social and governance responsibilities.

About this role

• The Associate will be the dedicated project lead on the assigned construction projects and will be supported by the Portfolio Manager. The Associate will conduct daily management of full project operations including construction oversight, technical, financial, regulatory and contractual management.
• There will be a strong focus will be on financial modelling, monitoring and forecasting of project returns, risk management as well as managing all reporting obligations across the assigned construction projects within Mulilo’s portfolio. The Associate is responsible for SPV BoD and Lender reporting and engagement

Duties and responsibilities

Manage the assigned projects on behalf of the project SPV’s Board of Directors, including oversight & engagement with all counterparties including Construction Management, ED Service Providers, Offtaker, Regulators etc

Manage day to day operations- understand and ensure all project activities are aligned to all obligations including OHSA and Mulilo HSE and ESG requirements

Ensure all activities are in compliance with project financing agreements including the monitoring, analysis and assessment of all payments of the plant against the financial model and approved budgets

Lender's engagement and management

Manage all facility drawdowns, as well as management of all hedging instruments including FEC and IRS

Engage with LTA on reviews and monitor close-out of action points

Prepare and submit monthly, quarterly and annual reports to Lenders, Shareholders and Offtakers as required.

Delivery of monthly SPV BoD meeting pack, host and facilitate the meeting and close out of actions based on decisions taken by BoD.

Insurance management and renewals

Maintaining of the financial model, including monthly updating and analysis

Utilise financial models to assess trends, forecast performance & analyse project performance

Use tools like Excel & PowerBI to analyse to visualize data and provide management recommendations

Manage dashboards to track real-time financial and operational performance

Make recommendations to the Asset Management Team using data analytics

Create presentations and perform ad-hoc analysis

Conduct Cost Benefit Analysis on plant improvement or risk mitigation recommendations

Required skills and education background

University Degree in Engineering, Finance, Business science or similar

Proficiency in Microsoft Office Suite (Power BI will be beneficial).

Excellent PowerPoint skills and advanced Excel proficiency

>5 years working experience in related fields such as Engineering, Finance, Financial Planning & Analysis, Project finance

Experience in the renewable energy industry

Knowledge and experience on the operations of utility scale PV, BESS and wind facilities.

Strong analytical skills, strategic and problem-solving ability

Contract management experience

Strong communication skills with excellent stakeholder management skills

Desirable attributes

The ideal candidate would have a passion for the Renewable Energy sector and personality traits would include a high level of diligence, determination, resilience, and agility.

Mulilo is an employer of choice and is offering an extremely competitive total remuneration package for this position.

Additional Information

Able to work overtime according to operational needs.

The position is based at the offices of the company, but travel may be required occasionally.