SUMMARY:
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POSITION INFO:
Asset Director
Market-related Package
Port Elizabeth
Reports to: Chief Asset Operations Officer | Functional reporting to SPV Boards
About the Role
An experienced Asset Director is required to lead the strategic and operational management of a portfolio of utility-scale renewable energy assets. This senior leadership role is responsible for ensuring optimal plant performance, profitability, regulatory compliance, and stakeholder satisfaction.
The Asset Director will drive continuous improvement, lead cross-functional teams, and ensure that all operating projects meet their financial and operational targets.
Key Responsibilities
Asset Management Leadership
• Lead multidisciplinary teams (Asset Performance, Coordination, Sustainability, Legal, Finance) to maximise asset value.
• Drive operational and financial optimisation in line with contractual obligations.
• Monitor and improve asset performance against forecasted returns.
Financial Management & Reporting
• Full P&L ownership for the asset portfolio.
• Develop, manage, and track annual budgets with detailed variance reporting.
• Oversee cash flow management, financial modelling, and investor reporting.
Regulatory & Contractual Compliance
• Ensure compliance with PPAs, O&M agreements, land leases, financing agreements, and related contracts.
• Manage and resolve contractual matters in partnership with legal teams.
Stakeholder & Relationship Management
• Build and maintain strong relationships with off-takers, regulators, landowners, government stakeholders, and shareholders.
• Prepare and present quarterly board packs and project updates.
Risk Management
• Identify and mitigate operational, financial, regulatory, and environmental risks.
• Oversee insurance requirements, renewals, and claims.
Health, Safety & Environment (HSE)
• Enforce strict HSE standards across all operating sites.
• Oversee incident reporting and corrective action processes.
Operational Excellence
• Lead initiatives to reduce downtime and enhance performance.
• Drive improvement projects including plant upgrades and cost-reduction initiatives.
Reporting & Governance
• Ensure timely and accurate financial, operational, and compliance reporting.
• Oversee audits and governance reviews.
Qualifications & Experience
Minimum Requirements
• Bachelor’s degree in Engineering or a related discipline.
• 10+ years’ experience in asset management, operations, or project management within the renewable energy or utility sector.
Preferred
• Master’s degree in Engineering or related field.
• Proven success managing utility-scale renewable energy projects.