SPECIALIST FINANCIAL MODELLING AND BUSINESSINTELLIGENCE

CEF SOC
CEF is a Schedule 2 state owned diversified energy company reporting to the Department of
Mineral Resources and Energy. The Mandate of CEF is to contribute to the security of energy
supply of South Africa and the Region through exploration, acquisition, development,
marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the
Ministerial directives issued thereafter.

REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE

• Minimum 6 – 8 years in Portfolio Management / Project Management / Investment
  Management with relevant experience, preferably in the Energy, Oil & Gas, and/or
  Mining Industries.
• Matric (NQF Level 4) and National Diploma (NQF Level 6)/ bachelor’s degree (NQF
  Level 7) in Engineering / Quantity Surveying / Construction Management / Business
  Management / Commerce
• Honours / BTech Degree (NQF Level 8) or post graduate diploma (NQF Level 8) as an
  added advantage.
• Portfolio Management / Project Management / Investment Management with relevant
  experience, preferably in the Energy, Oil & Gas, and/or Mining Industries.
• Proven experience in developing, interpreting, and analysing financial models (Projects
  and Investment) that inform investment decisions.
• Proven experience in writing and analysing reports and/or submissions intended for
  shareholders and key stakeholders to inform and recommend business decisions.
• Professional Qualification, Accreditation, or Membership as a Financial Modelling and
  Valuation Analyst (FMVA) or Commercial Banking and Credit Analyst or equivalent with
  a recognized professional body (i.e., CFI, CFA, etc.)

DESIRED ADDITIONAL SKILLS/ COMPETENCIES

• Understanding project systems, external and internal governance systems, and
  applicable legislation and regulations.
• Computer literacy and experience using MS Office Suite / Project Online / SharePoint /
  Office 365 toolsets to support Project delivery.
• Ability to track project metrics and advise on business decisions.
• Complete understanding of relevant company financial reports, procedures for
  payments, monthly cash flow reports, project reporting, and project reporting
  experience.
• Demonstrated ability to develop and manage transparent and effective reporting
  systems

KEY PERFORMANCE INDICATORS
Financial Perspective

• Research, benchmark, recommend, and implement (if approved) comprehensive
  budget, forecast solutions, etc.
• Estimate project portfolio and projections;
• Analyze and present financial and accounting information when evaluating initiatives,
  projects, transactions, and/or investments;
• Balance portfolio between profit-making and non-profit-making initiatives, projects,
  transactions, and/or investments;
• Plan, monitor, and report initiatives, projects, transactions, and/or investments;
• Assess the strategic fit and/or align project portfolio with strategic requirements;
• Update and periodically archive financial models after each earnings rollout or other
  similar corporate actions;
• Assess viability and ‘do-ability’ and/or desktop analysis of initiatives, projects,
  transactions, and/or investments and make recommendations to GM: Project
  Management Unit;
• Pilot project with clear scope and deliverables

Internal Business Process Perspective – Financial Modelling

• Research, assess, and develop (if approved) financial models (in relevant platforms)
  based on historical information and benchmark with other available industry-specific
  operating metrics and make recommendations
• Ensure that the latest best practices/ benchmarks are used in developing Financial
  Models for analysis of initiatives, projects, transactions, and/or investments and make
  recommendations to relevant stakeholders;
• Conduct scenario analysis based on microeconomic and macroeconomic factors to
  assess business risk
• Analyze and identify data required to support model tracking;
• Evaluate companies using various financial valuation methods, such as DCF,
  comparable company analysis, and capital structure analysis;
• Ensure the new models’ accuracy while enhancing the quality of existing models;
• Recommend and implement process improvement measures.
• Identify key financial and non-financial risks and advise mitigation plans;
• Conduct scenario and sensitivity analysis with the intent to support investment activities;
  and
• Update the financial models after each acquisition, partnership, earnings
  rollout/dividend pay-outs and/or other similar corporate events.

Internal Business Processes Perspective – Business Intelligence

• Research, assess, and develop (if approved) Business Intelligence (BI)
  platforms/solutions/systems;
• Collaborate with team members and/or cross functional teams and/or external
  consultants and specialists for the purpose of collecting data and executing the
  company’s mission;
• Analyse business requirements and processes and make recommendations to
  executive management for implementation;
• Provide reports through office applications to improve business processes;
• Create and maintain documentation that includes the design, requirements and user
  manuals;
• Identify the development needs for the purpose of streamlining and improving the
  operations of collaborative projects and joint ventures for efficiency and profitability
• Ensure that the BI platforms/solutions/systems areo Providing accurate and up-to-date schedules, including budgets, cash flows, and
  resource plans
  o Complying with the quality standards set, including ensuring that technical support
  and guidance is provided
  o Regularly updated, including conducting regular quality checks and ensuring that
  corrective action is undertaken

Internal Business Process Perspective – Performance Management
Research, assess, and develop (if approved) Business Intelligence (BI)
platforms/solutions/systems for:

• Hosting CEF’s Project Systems (i.e., frameworks, guidelines, processes, policies, standard
  operating procedures (SOPs), templates, and tools)
• Templates for different types of Projects (Contracts, Processes, Concept Reports,
  Business Case templates
• Tracking the performance of each project at various phases and raising concerns to
  the GM: Project Management Unit (GM: PMU) and respective Project Leads
• Archiving system (SharePoint & Power BI) for Project Management

In liaison with various stakeholders:

• analyse the project portfolio (monitor the sequencing of current and proposed
  projects, note relationships or interdependencies between projects, scope, etc.) and
  formulate recommendations regarding project schedule, funding, and optimization to
  maximize the benefits best realized
• administer a dashboard to track the performance of each project at various phases;
  and create platforms for knowledge management

Internal Business Processes Perspective – Project Management

• As a significant lever, will be responsible for driving and implementing sustainable change
  and directly supporting the Project Managers to monitor project milestones or KPIs
  /dashboards;
• Project Specific Support for projects implemented under other General Managers (GMs),
• Project Scheduling and Controlling support (MS Projects, Primavera).
• Performing site inspections to obtain an understanding of the major assets, how they are
  being used with the business, and for discussion of future plans for the assets;
• Assess, monitor and reports:
  o timing and quality of cash flows,
  o debt-service coverage ratios

Internal Business Process Perspective – Business Analysis Planning

• Assist in performing financial benchmark that includes reporting of major performance
  indicators;
• Identifying critical assumptions and facts that underline valuation estimates and provides
  alternative approaches as required
• Creating progressive financial models that capture the future operating, investing and
  financing activities, and helps clients determine future profitability, financial position, and
  risk
• Preparing robust business planning or transaction models by applying detailed
  understanding of commercial practicalities, accounting and finance knowledge,
  technical ability, quantitative analysis, and logic

Stakeholder Management Perspective

• Collaborate with external and internal stakeholders, valuation consultants and prepare:
• Annual valuation of “target company” and perform audit financial modelling, business
  intelligence and reporting;
• Quality strategic inputs in relevant management;
• Convey compelling motivations for collaborative projects and associated funding
  applications.
• Advise and provide professional support to designated project and other parties to
  execute on their accountabilities within guidelines set by GM Projects
• Maintain professional contact with finance teams on an ongoing regular basis to
  understand underlying operating environment issues and events on site to enable the
  formulation of value-added financial/accounting and reporting advice.

Learning & Growth Perspective

• Identify skills and/or knowledge gaps and identify courses, workshops, training events for
  continuous improvement
• Strive to meet performance objectives by understanding the importance and urgency of
  tasks/projects, and by applying knowledge, skills and experience toward task
  accomplishment to the benefit of the team, department and/or organization
• Ensure levels of self-knowledge, -skill and -competence are in place to meet financial
  modelling and business intelligence objectives, and to contribute meaningfully toward
  organisational goals

Closing Date: 20th July 2023
Please submit a detailed Curriculum Vitae to SpecialistFMBI@cefgroup.co.za
NOTE: The successful candidate/s for the advertised position/s will be required to undergo personnel
suitability checks, which includes, criminal records, citizenship, financial checks, qualifications and
previous employment (Reference checks). It is the responsibility of the applicant to make sure that
foreign qualifications are evaluated by the South African Qualifications Authority and the evaluation
certificate is attached to the application on submission. If you do not hear from the CEF SOC three
months after the closing date of the advertisement, consider your application unsuccessful. CEF SOC
reserves the right to not fill this position. CEF SOC is an equal employment opportunity and affirmative
action employer and it is committed to the achievement and maintenance of diversity and equity in
employment, especially in respect of race, gender and disability. This position will be filled in
accordance with the CEF SOC Employment Equity Plan.