Proactively manage the bank balances throughout the ( 50 entities & 150 bank accounts using 5 banks) and use the latest cash forecast of each entity to:
Ensure sufficient funds are available in the required currencies and ready for construction & operating activities
Minimize bank chargesand maximizee interest-earningg opportunities
Ensure the company is holding cash in the preferred entities and currencies, in line with company policy
Follow, maintain, and improve the cash management control processes
Manage bank accounts:
Maintain the bank account register, keeping accurate records of bank details and access rights
Maintain process notes for all bank account processes
Prepare bank instructions for ongoing bank management for signatory approval
Manage all changes to bank accounts (users, signatories, etc) as required
Provide training to new users
Act as the super-user & main point of contact for all banks. 37.5
Manage dividend payments:
Plan and execute the dividend payments from all operating wind and solar farms, up through the holding companies to the TopCo, writing board memos, arranging resolutions, and preparing payment instructions
Apply for authorizations from the central banks as required
Construction funding :
Plan and execute the transfer of shareholder funds from the TopCo down to the wind/solar construction projects via the holding companies, on time, using correct loan/equity ratios and the correct governance
FX trades :
Plan and execute FX trades with the FX provider. Procure all approvals and arrange payments
Be the main point of contact & maintain relationships
Perform annual benchmarking exercise
Local project finance support :
Support the local finance teams with specific project finance obligations (eg DSCR calculations, DSRA/FXRA required balances & LTSA indexing)
Quickly gain a comprehensive understanding of the project finance accounts agreements of each project to ensure project finance compliance is observed
Bonds and Letters of Credit :
Support the Head of FP&A to arrange and renew bonds/LCs as required. The candidate will be expected to interact with colleagues from all levels of the organization from different cultures in all geographies (London, Dubai, Cairo, Cape Town, Dakar)
Requirements
Part-qualified or newly qualified accountant (CIMA/ACA/ACCA)
Minimum grade B in A-level maths (or equivalent qualification) & grade B (new grade 6) in GSCE English, or equivalent international qualifications
University degree preferred but not essential
Good verbal and written communication and good Microsoft Excel skills - the interview process will include a test to demonstrate basic Excel skills and communication
Self-starter with a high level of enthusiasm and willingness to learn plan, and organize, and good attention to detail
At least 3 years working in any finance role in any industry. Exposure to project finance would be beneficial
Arabic or French language skills would be beneficial
