Cape Town City Centre: Asset Director

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.