Job description
The Financial Modelling Manager will centralise and lead SolarAfrica's financial modelling capability, bringing together modellers currently embedded across different departments under coordinated leadership, priorities, standards and governance. The role will manage, mentor and develop the modelling team, build consistent technical capability and best practice, and ensure that project finance, valuation and corporate portfolio models are accurate, robust, scalable, timely and fit for purpose.
Working with senior stakeholders, the Financial Modelling Manager will test assumptions, evaluate scenarios and forecasts, identify key risks and value drivers, and translate complex analysis into clear, decision-ready insights and recommendations that support SolarAfrica's growth.
Position of the job in the organisation
The Financial Modelling Manager will report directly to the Chief Financial Officer.
Principal responsibilities
- Centralise and lead SolarAfrica's financial modelling capability, coordinating modellers embedded across departments while maintaining effective support to their respective business teams.
- Manage, mentor and develop the financial modelling team through clear priorities, regular reviews, coaching, development plans and the sharing of technical and commercial best practice.
- Lead the development, review and timely delivery of complex project finance, valuation and corporate portfolio models, ensuring they are accurate, robust, scalable, auditable and fit for purpose.
- Establish and maintain common modelling standards, governance frameworks, documented review controls, quality assurance processes and model ownership across the business.
- Provide senior technical and commercial challenge by testing assumptions, assessing business cases and identifying risks, opportunities and value drivers that may affect investment, funding and strategic decisions.
- Lead scenario analysis, forecasting, valuations and strategic financial assessments to evaluate investment opportunities, funding structures, portfolio performance and growth initiatives.
- Partner with executives and senior stakeholders to define analytical requirements, prioritise modelling capacity and translate complex outputs into clear, timely, decision-ready insights and recommendations.
- Use appropriate systems, automation, data tools and emerging technologies to improve modelling efficiency, consistency, controls, knowledge sharing and the quality of outputs.
- Perform any other duties reasonably associated with the role.
Experience & Skills
- 6+ years' experience in financial modelling, corporate finance, investment analysis, valuations or project finance.
- Demonstrated experience leading or mentoring financial modelling teams.
- Experience partnering with senior stakeholders and executive leadership teams.
- Experience within renewable energy, infrastructure, banking, financial advisory, consulting, project finance or investment environments would be advantageous.
- Strong understanding of investment analysis and commercial decision-making.
- Bachelor's degree in Finance, Accounting, Financial Mathematics, Actuarial Science, Economics, Engineering, Statistics, Data Science or a related field.
- CA(SA), CFA, Actuarial qualification or equivalent professional qualification would be advantageous.
Specific attributes
- Strong commercial judgement and business insight.
- Highly analytical and detail-oriented.
- Confident challenging assumptions and influencing stakeholders.
- Clear communicator who simplifies complex information.
- Proactive, accountable and able to manage competing priorities.
- Collaborative leader focused on continuous improvement.
Desirable attributes
- Renewable energy, infrastructure, project finance or investment experience.
- Exposure to funding structures, valuations, scenario analysis or forecasting.
- Experience improving modelling standards, governance and QA.
- Comfortable using systems, automation or technology to improve outputs.
- Interest in scalable finance processes that support growth.
What Does Success Look Like?
By 3 Months
- I will have developed a strong understanding of SolarAfrica's business model, funding structures, projects and strategic growth plans.
- I will have built effective working relationships with Executive Leadership and key stakeholders across the business.
- I will have completed an assessment of the existing modelling function, team capability, model governance and identified key improvement opportunities.
By 6 Months
- I will have implemented enhancements to financial modelling standards, governance processes and quality assurance controls.
- I will be recognised as a trusted commercial partner who provides valuable insight into investment, funding and strategic decisions.
- I will have established development plans and coaching initiatives that improve the capability and commercial thinking of the modelling team.
By 12 Months
- I will have established a high-performing Financial Modelling function that delivers accurate, reliable and decision-ready analysis.
- I will have embedded consistent modelling standards and commercial best practices across the team.
- I will be a trusted advisor to the Executive Team, influencing strategic decisions and contributing to SolarAfrica's growth through robust financial analysis and commercial insight.
Core Values
We hire, reward, and recognise our team against these values. It is imperative that you believe in these values and demonstrate them consistently.
- We are passionate and proud of what we do.
- We communicate candidly, especially when it is difficult.
- We take the initiative, share our mistakes, and grow together.
- We are dependable and take accountability.
- No one person is bigger than the solution - no egos.
We are currently only considering candidates based in South Africa with valid working rights. Unfortunately, we are unable to consider applications from outside the country at this time.
About this role
About SolarAfrica Energy
Company Overview
SolarAfrica Energy Pty Ltd
HeadquartersIrene, Gauteng, South Africa
Founded2011
SizeApproximately 50 employees (source: solarafrica.com). No public revenue figures for 2023 or later are available from disclosed sources.
What They Do
SolarAfrica focuses primarily on solar photovoltaic (PV) systems, battery storage, and innovative energy solutions such as wheeling via Virtual Power Purchase Agreements (VPPAs) and electricity trading. They provide capex-free solutions through Power Purchase Agreements (PPAs) that bundle financial and technical expertise tailored for commercial and industrial clients (source: naacam.org.za). Their product offerings include on-site solar installations, which have exceeded 60MW in commercial PPAs, and the world’s largest solar carports, showcasing their commitment to sustainable energy solutions (source: solarafrica.com). Additionally, they have pioneered battery systems in Africa, including the first Tesla Power Pack, and are involved in utility-scale wheeling from significant projects like the 1GW SunCentral solar farm (source: solarafrica.com). Their target markets primarily include commercial and industrial sectors in Southern Africa, particularly businesses seeking power security amid ongoing energy shortages.
Projects & Track Record
SolarAfrica has an impressive track record of notable projects, including East Africa’s largest industrial solar system at Krystalline Salt Limited and Africa’s first and largest Tesla Power Pack battery system, both completed in 2017 (source: solarafrica.com). They have financed over 135 projects across five countries, contributing to more than 60MW in commercial solar PPAs. Their flagship ongoing project, the SunCentral 1 PV Plant in the Northern Cape, aims for a total capacity of 1GW, with Phase 1 already at 342MW (source: solarquarter.com). This project represents a significant investment of R5 billion, showcasing their commitment to expanding renewable energy infrastructure in South Africa.
Recent Developments
In the last two years, SolarAfrica has secured R1.8 billion for a major solar project and signed a 60MW clean energy deal with PowerX, indicating robust growth and strategic partnerships (source: startuplist.africa). They also financed the 114MW SunCentral 1 PV Plant and broke ground on the 1GW SunCentral project in 2024, further solidifying their position in the renewable energy sector (source: solarquarter.com). Additionally, SolarAfrica has been recognized as the African Solar Company of the Year in both 2021 and 2023, highlighting their leadership and innovation in the industry.
Working There
SolarAfrica employs over 50 staff across various roles, including Chief Investment Officer, Chief Technology Officer, and Head of Group Marketing & Communications, indicating a diverse and skilled workforce (source: solarafrica.com). The company has grown significantly from its humble beginnings, with a team that has expanded from just 3 employees in 2011 to over 50 today. The culture at SolarAfrica is characterized by long-term retention and a dynamic team passionate about sustainable energy solutions, with core values that have remained consistent since its inception (source: solarafrica.com). While specific employee benefits are not documented, the company’s commitment to fostering a positive work environment is evident through its leadership and employee engagement initiatives.
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