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AltGen Recruitment Group
Cape Town, South Africa
(on-site)
Posted
3 days ago
AltGen Recruitment Group
Cape Town, South Africa
(on-site)
Job Function
Accounting/Finance
CFO - Energy Trading -South Africa
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
CFO - Energy Trading -South Africa
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
The South African electricity market is reforming with trading between generators and industrial users now being permitted. Our client is on a a few entities with a trading licence to sell power to industrial users. We are therefore looking to speak to candidates who:- Have experience managing finances from an electricity trader at a senior level (preferably from the UK or US market)
- Have the right to work in South Africa.
As the role is focused on positioning the client in the best possible standing to take the lions share of the trading market, the successful incumbent will bring to bear experience in
- Implementing and managing private Power Purchase Agreements (PPAs)
- Billing and revenue collection, including implementing systems to track transmission network use, balancing services, and distribution use (wheeling fees and capacity charges - TNUoS, BSUoS and DUoS)
- Treasury management and cash flow forecasting
- Hedging
- Strong IFRS and reporting
We are ideally looking to speak to South Africa expatriates with direct experience in this market. We will not be able to accommodate any candidates who do not have direct electricity trading experience.
Job ID: 80946355
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