Finance Asset Manager

SUMMARY:
Are you a certified Chartered Accountant with experience in the construction industry?

Our client, located in Cape Town CBD, seeks expertise in interpreting Financial Models for their Asset Management department. This role involves overseeing construction budgets and managing project-based accounting functions across Africa, including compliance with operational covenants.

POSITION INFO:
REQUIREMENTS

• Degree in Finance or Economics, Accounting, Business Administration, Business Law, or similar field
• Minimum 3-5 years’ proven work experience in a similar position
• Strong analytical skills for problem-solving
• Deadline driven and good time management skills
• Demonstrated proficiency in creating and analysing data sets and independently drawing key conclusions based on the analysis
• Knowledge of renewable energy is highly desirable
• Ability to work both independently as well as within a team
• Advanced excel knowledge, CaseWare, Pastel, Oracle

• Review and overall responsibility for project company accounting
• Revenue recognition and customer invoicing
• Cost management and control
• Fixed Assets and intangible assets register maintenance (additions, disposals, depreciation calculations, etc.)
• Loan register maintenance (drawdowns, repayments, interest, etc.)
• Accounting estimates and accruals, Tax journals
• Monthly reconciliations – banks, customers, suppliers, loans, assets, tax
• Quarterly foreign currency revaluations
• Overview and management of generation and maintenance of data room for project companies
• Reporting duties, monthly management accounts, quarterly reporting package, assistance with AFS preparation
• The projects remain in compliance of general project documents, not limited to the Power Purchase Agreement, Distribution Customer Use of System Agreement, Implementation
• Updating monthly cash flow projections in conjunction with the Treasury Manager and submitting cashflow for the Project Company to the relevant internal parties as required
• Understanding and interpretation of Financial Models to manage construction budgets during Construction and to maintain/manage covenant requirements during Operations
• Assist the overall business of the projects under construction, particularly regarding the various agreements and the relationship with third parties
• Implementation of procedures for projects going forward to establish a method for achieving financial close
• Implementation of procedures to ensure good corporate governance
• Contribute to defining regional development of procedures, methods, and documentation
• Manage the contract administration and compliance for all the agreements entered by the project companies. This includes financial administration, investor reporting and fund management