The Gautrain Management Agency (GMA) is a Provincial Public Entity established in terms of the Gautrain Management Agency Act, Act 5 of 2006 and is listed as a Public Entity in Schedule 3 of the Public Finance Management Act. The GMA is an equal Opportunity and Affirmative Action Employer and is committed to the achievement and maintenance of diversity and equality in employment, especially in respect of race, gender and disability and preference will be given as per the GMA Employment Equity Plan. Applicants with proven suitability, knowledge and experience as required in the posts advertised are invited to submit their applications to the GMA for the attention of the Human Capital. All Applications quoting the relevant position, accompanied by a comprehensive CV can be e-mailed firstname.lastname@example.org If you have not received any response from us 30 days after the closing date consider your application unsuccessful.
CLOSING DATE: 3 July 2017.
SENIOR MANAGER COMMERCIAL
Purpose: To manage and coordinate commercial matters with regards to the Concession Agreement and to assess the commercial viability of projects.
Requirements: Degree in commerce, business science or finance. Honours Degree will be added advantage. Minimum of 8 years’ experience in the preparation of financial modelling and development of feasibility and business case, 4 years’ experience in Project Management and Project finance. Must have knowledge in financial modelling, Understanding of legal and contractual terminology, Basic knowledge and understanding of PPP’s, and Basic knowledge and understanding of the management of large infrastructure project contracts
To model the financial and non-financial impacts of all commercial projects undertaken by the GMA.
Conduct financial analysis through modelling in accordance with good practice
Due diligence review of various types of project documents including concession agreements, financing documents, term sheets, etc.
Manage relevant research tasks as needed including market intelligence data gathering/analysis
Conduct cost of capital evaluation, including developing and managing the respective functions/teams as may be relevant
Development of business plan and investment case
To manage and coordinate Commercial matters and matters relating to continuous commercial business development needs of the GMA.
Building and maintaining relationships with clients and target clients and key market constituents
Provide input into the negotiation of transactions and strategic inputs into commercial revenue enhancements for Gautrain Management Agency
Support the development and evaluation of implementation of strategy
Review of key documents and correspondence submitted by the Concessionaire related to operational matters for risk and commercial implications arising from the Concession Agreement
Provide input and guidance to all project relate deliverables with the technical unit
Manage finances in terms of PFMA and Gauteng Treasury regulations as well as within GMA finance policy so that Operational Expenditure is within budget.
Provide financial support and guidance in managing capital expenditure and risk related to project delivery and expenditure
Providing input into budget allocation of capital projects aligned to strategic objectives
Developing financial strategy for commercial opportunities in line with PPFMA and treasury guidelines
Managing the project team in the coordination and management of all forex matters relevant to project delivery.
Ensuring that all deliverables pertaining to forex matters including reports, and financial models are prepared, developed, and provided timeously
Reviewing options and strategies to minimize forex risks at pre and post financial close of the project
Liaising with the Transaction Advisors on modelling the forex component including amounts, timing, and strategy of risk mitigation for the project and on nonfinancial means of reducing the forex requirements
Market assessments to ensure that the project remains well informed of developing risks and opportunities related to forex
Providing input into and reviews of the project financial model
Constructing, interpreting, and reviewing forex models providing input into budget allocation of capital projects aligned to strategic objectives
Providing coordinated support and guidance in order to structure and lead debt financing model development and market participation thereto.
Providing guidance to the GMA in the development of a DFC evaluation framework
Providing input and engaging with the Lead Arranger of funding as to their processes and requirements, and ensuring they are provided with the information and support they require from any of the other work-streams or lending institutions;
Providing input and engaging with other potential Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs) as to their processes and requirements, and ensuring they are provided with the information and support required from any of the other work-streams or the Lead Arranger.
The GMA offers competitive market related salaries and the remuneration is on a Total Guaranteed Package.