Head of Renewable Energy Asset Financing Job Vacancy in Chilumba, Malawi – Renewable Energy & Utilities

Job Description

Position:Head of Renewable Energy Asset Financing

Company:Scatec Solar

Location:Chilumba, Malawi

Experience:10+ years in renewable energy finance, project financing, and asset management

Education:Master’s degree in Finance, Business Administration, or related field

Employment Type:Full-time

Industry:Renewable Energy & Utilities

Department:Finance

Salary:SSP 8,000,000 – 12,000,000 per annum

Vacancies:1

Company Overview

Scatec Solar is a global leader in developing, constructing, and operating solar power plants across emerging markets. With a strong commitment to sustainability, Scatec delivers clean energy solutions that drive economic growth and environmental stewardship. In Malawi, Scatec operates several utility‑scale solar projects that contribute significantly to the national grid, supporting the country’s ambition to increase renewable energy capacity. As part of its expansion strategy, Scatec seeks visionary finance leaders who can structure innovative financing models, manage asset portfolios, and ensure the long‑term financial health of its projects. This role offers a unique platform to influence the renewable energy landscape in Malawi while advancing your career within a forward‑thinking, internationally recognized organization. The position is a cornerstone of Scatec’s mission to provide reliable, affordable, and clean electricity to communities, businesses, and industries throughout Malawi.

Job Overview

The Head of Renewable Energy Asset Financing will lead the financing function for Scatec’s solar portfolio in Malawi. Reporting directly to the Regional CFO, you will be responsible for designing, negotiating, and executing financing structures for new and existing assets, optimizing capital costs, and maintaining strong relationships with investors, lenders, and government agencies. This role is pivotal in ensuring that Scatec’s projects are financially viable, compliant with local regulations, and aligned with the company’s sustainability goals. You will collaborate closely with the Project Development, Legal, and Operations teams to deliver integrated solutions that support Scatec’s growth trajectory. For more information about Scatec’s vision and ongoing projects, visit https://malawijobsearch.com/. This is a prime opportunity for senior finance professionals seeking to make a tangible impact on Malawi Jobs and the broader renewable energy sector.

Key Responsibilities

• Develop and implement financing strategies for solar projects, including debt, equity, and hybrid structures.
• Lead negotiations with commercial banks, development finance institutions, and private investors to secure optimal funding terms.
• Oversee financial modeling, risk assessment, and due diligence for new project pipelines.
• Manage the asset financing lifecycle, from initial structuring to ongoing covenant compliance and refinancing.
• Coordinate with internal stakeholders to align financing plans with project schedules, technical specifications, and regulatory requirements.
• Prepare and present detailed financing proposals and board‑level reports to senior leadership and external partners.
• Monitor market trends, policy changes, and funding opportunities within the renewable energy sector in Malawi and the broader region.
• Ensure compliance with local tax, accounting, and reporting standards, as well as international ESG criteria.

Required Skills

• Extensive experience (10+ years) in renewable energy project finance, preferably solar.
• Proven track record of structuring large‑scale financing deals ranging from USD 50 million to USD 300 million.
• Strong analytical skills with expertise in financial modeling, sensitivity analysis, and scenario planning.
• Excellent negotiation and stakeholder management abilities.
• In‑depth knowledge of Malawi’s regulatory environment, tax incentives, and power purchase agreements.
• Fluency in English; proficiency in Chichewa is an advantage.
• Leadership qualities with the ability to mentor junior finance staff.

Education

A Master’s degree in Finance, Business Administration, Economics, or a related discipline is required. Professional certifications such as CFA, CPA, or FRM are highly desirable and demonstrate a commitment to financial excellence.

Experience

The ideal candidate will have a minimum of ten years of progressive experience in renewable energy finance, including hands‑on involvement in debt and equity fundraising, asset management, and financial risk mitigation. Experience working with multilateral development banks, export credit agencies, or sovereign wealth funds is a strong plus.

Salary

The compensation package ranges from SSP 8,000,000 to SSP 12,000,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a pension scheme aligned with local regulations.

Benefits

• Comprehensive health and medical coverage for employee and dependents.
• Retirement savings plan with employer contributions.
• Annual performance bonus linked to project milestones.
• Paid parental and compassionate leave.
• Company‑provided laptop and mobile device.
• Employee assistance program supporting mental health and wellbeing.

Training

• Access to Scatec’s global learning platform for continuous professional development.
• Opportunities to attend international conferences on renewable energy finance.
• On‑the‑job mentorship from senior finance leaders across the Scatec network.
• Certification sponsorship for CFA, CPA, or related qualifications.

Working Environment

Scatec offers a collaborative, inclusive, and safety‑focused workplace. Employees work in modern office facilities in Chilumba, with occasional site visits to solar farms across Malawi. The company promotes a culture of innovation, where ideas are encouraged and recognized. Flexible working arrangements are available to support work‑life balance, and the organization values diversity and equal opportunity.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal on our website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for a virtual interview followed by an on‑site assessment. Please ensure all documents are in PDF format and clearly labeled.

Equal Opportunity Statement

Scatec Solar is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. Our hiring practices reflect our dedication to fairness and transparency, ensuring that every applicant receives equal consideration for employment.