Finance Manager

Posted 9 Days Ago
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Cape Town, Western Cape, ZAF
Hybrid
Senior level
Energy • Renewable Energy
The Role
Manages construction project finance from financial close through commercial operation. Responsibilities include monthly management reporting, reconciliations, project funding and loan facilities, cash-flow forecasting, budgeting, variance analysis, audits, annual financial statements, internal controls, statutory compliance, and lender and stakeholder reporting. Partners with contracts and program management teams to maintain accurate financial data and ensure projects remain on schedule and within budget.
Summary Generated by Built In

The Finance Manager will focus on the projects in construction, managing the projects from Financial Close to COD. This role will be responsible for the monthly management reporting during construction and will ensure the projects are built on time and within budget. This role will manage the lender requirements under the relevant agreements as well as the reporting obligations under the Construction Management Agreements for the projects during construction.

Core responsibilities:

  • Assist in bringing projects to Financial Close and ensure the systems and processes are in place for accurate construction reporting.
  • Prepare accurate monthly management accounts – general ledger reconciliations through to reporting, including analytical review and commentary.
  • Managing project bank accounts and funding requirements from the lenders and shareholders.
  • Managing loan facilities in line with the agreements and reporting to relevant stakeholders.
  • Cash flow forecasting and reporting, including revising the project budget. Monitor variances and provide analysis with actionable insights.
  • Coordinate annual audit, preparation of Annual Financial Statements in line with IFRS, and other annual reporting, as required.
  • Maintain internal controls and financial policies
  • Responsible for ensuring statutory compliance, including Income Tax, VAT, CIPC, etc.
  • Work closely with the Senior Contracts Manager and Programme Manager to ensure accurate reporting on projects.
  • Understanding the accounting aspects of the agreements which are in place and what the respective reporting requirements are.
  • Ensure accuracy and integrity of financial data and reporting.
  • Collaband work with other team members to ensure that the finance function is well integrated in the various areas of the business.

Key requirements:

Education & Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field
  • Professional qualification (CA, CIMA, or equivalent) preferred

Experience

  • 5+ years’ experience in finance or accounting roles
  • Proven experience in financial reporting, budgeting, and analysis

Skills & Competencies

  • Strong analytical and problem-solving skills
  • Excellent knowledge of accounting principles and financial regulations
  • Advanced proficiency in Excel and financial systems (e.g., SAP, Oracle, or similar)
  • Strong communication and stakeholder management skills
  • High attention to detail and accuracy

Core Competencies

  • Strategic thinking
  • Integrity and accountability
  • Business acumen
  • Decision-making under pressure

Skills Required

  • Bachelor's degree in Finance, Accounting, or a related field
  • Professional qualification such as CA, CIMA, or equivalent
  • 5+ years of experience in finance or accounting roles
  • Proven experience in financial reporting, budgeting, and analysis
  • Strong analytical and problem-solving skills
  • Excellent knowledge of accounting principles and financial regulations
  • Advanced proficiency in Excel and financial systems such as SAP or Oracle
  • Strong communication and stakeholder management skills
  • High attention to detail and accuracy
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The Company
HQ: Dublin, Leinster
301 Employees
Year Founded: 2008

What We Do

Mainstream Renewable Power is a leading pure-play renewable energy company, with wind and solar assets across global markets, including Europe, Latin America, Africa, and Asia-Pacific. We are one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. The company has successfully delivered 6.6 GW of wind and solar generation assets to financial close-ready and has a net global pipeline of 23.9 GW. In 2021, Aker Horizons acquired a majority stake in Mainstream, and in 2022, Mitsui & Co., Ltd. joined Aker Horizons as a long-term strategic investor. In 2022, Aker Offshore Wind was integrated into the Mainstream Group. We have raised more than EUR 3.0 billion in project finance to date and we have 400 colleagues across five continents. To learn more, visit our website at: www.mainstreamrp.com

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