CAPE TOWN, South Africa
45 days ago
Asset Manager - TotalEnergies Renewables Southern Africa (TERSA)
Country South Africa City CAPE TOWN Workplace location CAPE TOWN-TYGER VALLEY CHAMBERS 2(ZAF) Domain Industrial Projects, Maintenance / Inspection / Technology, Operations Type of contract Regular position Experience Minimum 6 years Context & Environment

TotalEnergies gross low-carbon power generation capacity worldwide is currently close to 10 gigawatts. TotalEnergies targets 35 GW of a renewable generation capacity in 2025 and will continue to expand its business to become a leading international player in renewable energies with a target of 100 GW by 2030.

 

About TotalEnergies Renewables International Middle-East & Africa (TTE-RI MEA):

Very competitive environment with Tier 1 renewables developers’ competitors;Very large Projects – up to 2GWp.

 

About TotalEnergies Renewables International (TTE-RI):

TERI operates in a strong growth and highly competitive environment.TERI maintains a high growth rate, both organic and by acquisitions, on a global geographical scope, often relying on tight schedule complex transactions with high financial, legal and execution stakes.

These stakes require permanent coordination with business entities, the Branch and Company.

Activities

This is a skilled position requiring overall responsibility for maximising stakeholder value of the assets from both technical and financial perspectives, including identifying and driving financial engineering and other commercial and technical optimisation initiatives throughout all stages of the project development lifecycle. 

 

Key Responsibilities

Assume ultimate responsibility and accountability for SPV asset management, overseeing activities from financial close throughout the PPA tenure.Define and optimise asset operations strategy.Ensure that risks are managed effectively at the transition of each ‘stage-gate’.Monitor and drive both financial and operational performance to ensure optimal project outcomes.Measure and ensure that projects are delivering returns as forecasted.Draw upon, support and oversee the activities of other teams in each phase.Assess operational performance and identify areas for enhanced performance, through minimising downtime, conducting root cause analysesWork with the key delivery partners to ensure that value is protected, risks managed, and
 contractual obligations are fulfilled.Take charge of driving profits through strategic initiatives such as refinancing, plant performance improvements, and other optimizations.Embed a culture of managing each asset with an enterprise-wide view of the project agreements.Overall project stakeholder liaison : Acts as primary interface and manage key stakeholder relations including Department of Mineral Resources and Energy, Eskom, NERSA, private off-takers, lenders (inlcuding LTA, LLA and LIA), shareholders, project advisors (technical, legal and otherwise) and local government, and TotalEnergies’ Assets and Countries division on behalf of the projects.Reporting : Manage and where required, compile stakeholder report distributions so as to ensure compliance with the requirements of the project agreements (e.g. finance agreements, AMA, PPA, IA, etc.).Contract management : administer and ensure compliance with the terms and governance of all project and finance agreements, as well as TTE standards.Manage and support the social investment program including meeting each assets Enterprise Development and Socio-Economic Development obligations.Administer all project financing agreements, including monitoring payments, handling loan disbursement, and equity contributions.Facilitate the identification, development, and implementation of improvements in business processes.Financial modelling : Develop and maintain operational model, implement optimisation strategies Monitor project-level profit & loss (P&L), cash flows, and conducting analyses of annual budget deviation.Manage project insurance activities.Ensure the company is appropriately organized and staffed as necessary to achieve the approved strategy.Lead and manage the asset management team.Develop, implement and monitor the risk management framework within each asset.Ensure lessons learnt is collated and fed back to optimise projects in development.Ensure the integrity of all public disclosures by the company.Provide the necessary inputs as and when required for Total Energies Long Term Plan (LTP)Maintain a strong link with TotalEnergies Assets and Countries division for project updates, tool evolution and gloabl lessons learnt.


General Asset Management Tasks (non-exhaustive) 

Formulate a structured set of asset management tools based on the requirements for each project asset. Monitor and drive solar and wind and BESS project operational performance by working closely with our O&M contractors to ensure plants meets the base case p50 production expected. (EPC (post COD), PPAs, IAs, Lease, CTA, O&M, etc.).Produce monthly/quarterly/annual management and plant performance reports.Prepare quarterly board packs and host board meetings.Prepare annual plans and budgets.Project manage plant retrofits/upgrades/optimizations to improve overall plant performance.Manage all warranties, guarantees and other project security packages to ensure project risk and exposure levels are maintained and execute claims as required.Insurance policy management, procurement, and timely renewal of policies.Complete post-EPC close out activities in accordance with the relevant EPC contracts.Management of SPV during construction, including all utilization requests under the project financing agreements.Ensure works performed by O&M contractor, sub-contractors and other 3rd parties comply with technical requirements, contractual procedures, TotalEenergies compliance HSE and ESG requirements, and regulatory standards governing the projects.Review and approve contractual change orders in accordance with governance procedures, submit applications on behalf of the project companies, maintain and where necessary renew permits, licences and approvals.To the extent necessary, review weekly progress reports to identify issues and take corrective action to remedy issues.TotalEnergies gross low-carbon power generation capacity worldwide is currently close to 10 gigawatts. TotalEnergies targets 35 GW of a renewable generation capacity in 2025 and will continue to expand its business to become a leading international player in renewable energies with a target of 100 GW by 2030.


Candidate Profile

Minimum Requirements

Engineering degree (BEng or BSc) with advanced project finance knowledge.Minimum 5-10 years strong and proven commercial experience in a South African IPP asset management environment.Must have spent a minimum of three years at the same employer in a similar managerial role.Proven track record of leading a high-performance operational and diverse teams.Evidence of managing stakeholder relationships at this level required with senior relationships in the REIPPPP industry (e.g. IPP office, lenders, etc.)Reporting experience to various Boards of Project Companies is an essential requirement.Knowledge and understanding of the OHS Act.Knowledge and application of relevant compliance requirements with complex contractual entities.Requires an organised approach to working, task prioritisation and time management.Detail oriented, with an ability to establish and follow processes.Understanding of Wind, PV and BESS operations, and the key commercial and business drivers.MS Office applications (Word, Excel, Outlook, Teams, SharePoint, OneDrive).Willingness to travel.Ownership mentality Additional Information TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.
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