Job Vacancy: Director of Project Development
Our client, is a social enterprise involved in developing an innovative model for waste-to-energy sanitation services. They partner with local government to deploy treatment plants that process human waste into firewood substitutes to preserve resources and prevent environmental degradation from untreated human waste.
Our client currently has three operational treatment sites and is actively expanding across East Africa to help numerous communities have access to modern and environmentally friendly sanitation infrastructure.
Our client has earned a reputation of successful project execution in one of the most challenging and yet most critical infrastructure sectors. On behalf of our client, we seek to recruit a Director of Project Development to bring new sanitation projects to financial close.
The Director of Project Development will lead the replication from prototype to scale and lead the company to focus more on project development. This role will bring together key partners to ensure new sanitation projects achieve financial close.
This role will report directly to the Chief Executive Officer working alongside the Partnerships, Fundraising and Engineering teams to bring new projects to financial close. This role will also work closely with the Business Operations team in transitioning from financial close to construction. This role has the opportunity to be a key thought leader on shaping how project development in sanitation infrastructure is done for developing markets.
Leadership and Strategy
- Lead and advise the project development team and advise on company strategy.
- Advise on energy product off take strategy with industrial fuel buyers.
- Create engagement strategy with government on renewable fuel products.
- Lead early and late stage projects at any development stage to reach financial close.
- Develop project’s optimal capital structure and – Identify financing barriers and develop creative solutions around them.
- Evaluate and help structure pay for success, output based aid, concession, tariff, and joint-venture agreement financing and partnership models.
- Advise on project risk allocation and legal agreements including partnership structures, construction and design contracts, and O&M contracts.
Financing & Market
- Support fundraising processes from both private sector investors and development finance institutions.
- Build and reviewing bankable project finance models and drafting of investment memorandums.
- Conduct market assessment and analysis; including review of integrated resource plans and national renewable energy policies.
- Relevant Degree.
- A minimum of 4 years of experience in one of the following –
- Project finance team of top-tier investment or commercial bank or project finance experience as a strategy consultant.
- An asset manager investing in energy or infrastructure.
- Experience working with development finance institutions, such as IFC, FMO, AfDB, OPIC, etc, is critical.
- A minimum of 2 years of experience as a project developer (clean energy or infrastructure project developer preferred) with sizable project portfolio.
- Experience working with a big philanthropy.
- Experience working with governments in developing markets.
- Having worked or working with financial institutions, like the World Bank to bring large scale projects $10M+ to financial close
- With experience overseeing feasibility analysis of new government related projects to determine financial viability
- Experience with debt and equity investors
- A critical and creative thinker, current on global events, who is intellectually stimulated to work at the confluence of energy and sanitation, geo-politics, economics, and the environment.
- Excellent analytical ability and discipline, ability to think clearly and communicate effectively, and drive company strategy.
- Eager to create systems from scratch and educate a team on industry best practices.
- Comfortable with a start-up environment, with multiple priorities and quick timelines.
- Able to live and work in Naivasha, Kenya for minimum 2 years.
How to Apply:
Qualified and interested applicants to send their application and detailed CV, indicating current and expected remuneration to email@example.com, explicitly indicating the position in the email subject line, by 29th September 2019.
NB: Where possible, application to include a portfolio of previous projects of which you have been the Project Developer.
Only short-listed candidates will be contacted.