Financial Audit & Control
- Review and assess internal controls over accounting, reporting, and treasury operations.
- Ensure compliance with IFRS, corporate governance standards, and internal finance policies.
- Monitor corporate-level financial covenants and reporting obligations.
- Collaborate with management, external auditors, regulators, and advisors to resolve control and process issues, leveraging prior experience in public accounting to ensure high audit standards.
- Identify inefficiencies, control gaps, and cost leakages; recommend corrective actions.
Legal & Compliance Oversight
- Monitor compliance with contractual obligations (including CPs, loan agreements, shareholder agreements, and concession contracts).
- Track regulatory deadlines, licensing requirements, and statutory filings to ensure timely compliance.
- Assess exposure to legal risks and report on gaps that could impact project operations or financing.
- Liaise with external legal advisors to confirm alignment on key compliance matters.
Commercial & Project Monitoring
- Review compliance with project milestones, deadlines, and key deliverables under PPAs, EPC, O&M, and other critical contracts.
- Validate that obligations to lenders, offtakers, and partners are met in line with contractual commitments.
- Ensure that operational and commercial risks (i.e.,, delays, penalties, liquidated damages) are identified and reported early.
Project Finance
- Assess the adequacy of risk profiles across project financing structures.
- Liaise with Profile Management and review covenants, security packages, and reserve account compliance (DSRA, maintenance reserves, etc.).
Risk Management
- Conduct comprehensive risk assessments, audit planning, and evaluations of internal controls, focusing on operational efficiency, regulatory compliance, and financial integrity.
- Monitor risk allocation between stakeholders and report on any deviations from agreed financing structures.
- Advise management on emerging risks impacting creditworthiness, refinancing, or investor relations.
- Present audit findings, risk assessments, and recommendations to senior management and the Audit Risk & Compliance Committee.
Corporate
- Identify operational gaps, inefficiencies, and potential risks, and recommend actionable improvements.
- Review adherence to group-wide corporate policies and procedures (procurement, HR, IT, and expenses management).
- Assess efficiency of corporate cost structures and recommend improvements to reduce overheads and duplication.
- Ensure group reporting and consolidation processes are accurate, timely, and transparent.
Insurance
- Verify that all required project and corporate insurance policies (e., construction all-risk, property damage, liability, political risk, business interruption) are in place and maintained in line with financing agreements and contractual requirements.
- Review adequacy of insurance coverage compared to lender requirements, project risks, and industry benchmarks.
- Monitor renewal processes, ensuring no gaps in coverage and timely communication with insurers and brokers.
- Audit insurance claims management to ensure proper documentation, settlement, and accounting treatment.
- Provide independent assessment of the cost-effectiveness of insurance programs and risk transfer strategies.
Audit Reporting & Governance
- Prepare audit findings and risk assessment reports for senior management and the Audit Risk & Compliance Committee.
- Monitor the implementation of recommendations and corrective measures, ensuring timely resolution.
- Provide objective insights to strengthen internal governance, risk management, and compliance frameworks.
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