QSST - EACOP - SENIOR PROJECT FINANCING ANALYST

About this Job:

Q-Sourcing Limited, trading as Q-Sourcing Servtec, is a manpower management solutions firm operating in the East African Region in the countries of Tanzania, Uganda, Kenya, Rwanda, and South Sudan.

On behalf of our Tanzania based client, we are looking for a competent and experienced Senior Project Financing Analyst.

JOB DIMENSIONS

• The job holder will be responsible for producing and coordinating timely completion of the various reporting obligations to the lenders as outlined in the financing agreements (mainly on Construction and Environmental & Social matters).
• The job holder will be a key interface and facilitator between the Lender Consultants (technical, environmental & social,insurance, reserves, financial model) and the Project business teams, ensuring that Lenders Consultants receive timely and qualitative responses to their queries with minimal disruption to the Project teams.
• The job holder will be responsible for maintaining the lender financial models up-to-date and liaise with borrower and lender financial advisors during formal financial model reruns as required under the finance agreements.
• The job holder will perform economic and sensitivity analysis on how changing Project Parameters are impacting the long-term project funding plan, debt capacity and drawdown profile, average cost of debt, senior debt coverage ratios.
• In addition, the incumbent's role includes participating in the treasury oriented tasks after Financial close (cash forecast, interests calculations, bank account management etc).
• The job holder shall be capable of working in a cross-functional manner with the Project Finance Team, the Project Services and HSSE Teams.

ACTIVITIES

The Senior Project Finance Analyst shall be responsible for the following main activities:

• Periodic update of the long-term lender financial model using historical data and forecasts based on various project metrics, calculate and monitor compliance with debt service coverage ratios and coordinate model updates with borrower and lender financial advisors & model auditors.
• Conduct ad hoc financial sensitivity /scenario analysis and long-term borrower financial modelling to support financing decisions & the annual budgeting cycle
• Timely completion and delivery of internally reviewed and validated Project Reporting to the Lender Consultants and Intercreditor Agent (quarterly Construction Reports and bi-annual Environmental & Social Reports)
• Coordinate the review of Lender Consultants reporting for factual accuracy and liaise back with the Consultants
• Educate stakeholders on reporting requirements with clearly defined roles and expectations between all parties and coordinate collection of underlying reporting data
• Attend Project execution update meetings and review internal reporting to be knowledgeable on overall Project status, schedule, risks and mitigations
• Manage the engagements with Lender Consultants including contract management, invoice & budget review, planning due diligence reviews and site visits, coordinating Q&A between Lender Consultants & Project, reviewing Lender Consultant due diligence reports for checking factual accuracy etc.
• Follow-up the ESAP progress with E&S team and Lenders Consultant to make sure all action plans are closed on a timely manner
• Build and update the covenant tracker to make sure EACOP is in line with its contractual obligations with the Lenders
• Act as a back-up for other team members when absent.
• Support the Project Financing Manager and other Project Finance Team Members through undertaking ad-hoc tasks and activities

CONTEXT AND ENVIRONMENT

EACOP is a major and complex pipeline project with a significant number of challenges:

• 3 countries (UG, TZ and UK) new to the oil industry
• OPCO with 4 shareholders (of which 3 state-owned), complex contractual framework (Shareholders Agreement, Host Government Agreements, etc...) and numerous stakeholders (authorities, Land & Social, Environmental...)
• Need to shape EACOP ‘from scratch’, recruit & train personnel, implement ERP and other systems Significant (3G$ targeted) debt financing and related management, covenants...; need for very strict covenant control.

ACCOUNTABILITIES

• Timely conduct and delivery of the specific work scopes and tasks allocated to the Project Financing Department
• Compliance to project HSE and ethics requirements
• Exemplary professional attitude in day-to-day activities with internal and external counterparts.

QUALIFICATIONS/EXPERIENCE REQUIRED

• Prior senior experience in Project Financing or at least Project reporting, financial planning & analysis, project economics, data analysis or business functions
• Prior experience on capital projects in development phase preferred.
• Prior experience in maintaining financial models and performing economic analysis, advanced Excel required
• Understanding of financial concepts & broad business interest
• Demonstrated ability to produce qualitative and structured written reports to senior audience and to effectively communicate with banks, advisors, consultants and senior management
• Fluid communicator with excellent written and spoken communication skills in English
• Able to work autonomously, with minimal management oversight with a very high degree of rigor
• Desire to take responsibility for own area of work and to hold self-accountable to deliver in line with responsibilities
• Ability to get along well with others in an international and multi-cultural environment and take a pragmatic approach to problem solving situations
• Bachelor or Master's degree in business, finance or engineering.

How to apply:

All candidates who meet the criteria outlined as above are encouraged to send their CVs/Resumes to: [email protected] or link below not later than 14^th December 2023

https://qsourcingservtec.applytojob.com/apply/LHO13M68cB/QSST-EACOP-SENIOR-PROJECT-FINANCING-ANALYST

This position is open to Locals Only.

For any further clarifications call +255 748 570 327

Note:

Only shortlisted applicants will be contacted.

Q-SOURCING SERVTEC IS AN EQUAL OPPORTUNITY EMPLOYER. ANY SOLICITATION WILL LEAD TO DISQUALIFICATION