VAC-2026-0003: PROJECT DEVELOPMENT MANAGER \u2013 COMMERCIAL
\nApplication Closing Date: March 9, 2026
\nThis role is responsible for the commercial evaluation and development of CEC projects, managing the commercial lifecycle from opportunity assessment to investment readiness and signed agreements. The role facilitates deal sourcing and opportunity evaluation in line with CEC\u2019s strategic objectives, ensures projects are financially and economically viable and strategically aligned, coordinates inputs from Technical, Legal, and other specialist teams, and provides commercial and economic analysis to support investment cases and presentations to CEC approval committees.
\nThe position will report to the\u00a0Head \u2013 Project Development.
\nKey Accountabilities
\nCo-manage the full project development lifecycle from sourcing, evaluation, drafting of business cases, securing management and regulatory approvals and closing in line with CEC\u2019s strategic objectives.<\/p>\n
Sourcing Function<\/p>\n
Developing Project Sourcing Strategies that align with overall company goals, such as cost reduction, quality improvement, or sustainability initiatives.
\nProactively scan the market to identify potential projects that fit within CEC\u2019s strategic vision.<\/p>\n
Evaluation Function<\/p>\n
Review project proposals for commercial fit to CEC\u2019s strategic intent.
\nMonitor market trends, regulatory changes, and competitor activity to provide insights that support commercial strategy and project performance.
\nIdentification of potential project risks (permitting, environmental, commercial) and provide input on mitigation strategies.
\nDevelop financial models, cost-benefit analyses, valuations, and risk-return evaluations to ensure project profitability and investment soundness.<\/p>\n
Approval Function<\/p>\n
Take the lead in coordinating the process of securing all key project licenses, permits and other applicable approvals.
\nProvide commercial and economic inputs to support project recommendations, including financial viability, strategic alignment, and risk assessment, for management consideration.
\nSupport the preparation of project Investment Papers by providing financial, economic, and strategic inputs to inform Project Steering Committee and CEC Board decisions.<\/p>\n
Closeout Function<\/p>\n
Provide commercial and financial inputs to support the drafting, negotiation, and closing of key project agreements, reviewing payment structures, revenue streams, and financial obligations to ensure alignment with project financial models and strategic objectives.
\nFacilitate the negotiation of financing agreements and management of Conditions Precedent leading to financial close.
\nSupport the preparation of project handover paper to the appointed project manager for onward implementation.<\/p>\n
To be successful in this role, you will be required to have:<\/p>\n
Bachelor\u2019s Degree in Economics, Accounts or a Business related discipline.
\nRelevant qualifications in Technical Studies, Project Management are an added advantage.
\nMust be a registered member of EAZ, ZICA, or any other relevant professional body.
\nMinimum of 5 years\u2019 experience in project development, preferably within the renewable energy sector, with a focus on commercial and economic aspects of projects.
\nPractical experience across the full project development lifecycle, including opportunity evaluation, financial and commercial feasibility, budgeting, risk assessment, and advancing projects from concept to construction-ready stage.
\nProven experience in financial modelling, cost-benefit analysis, project valuation, and risk-return assessments, with exposure to project finance, commercial deal structuring, and contract management.
\nDemonstrated ability to coordinate multi-disciplinary, cross-functional teams and liaise effectively with internal stakeholders, consultants, contractors, lenders, and regulatory authorities.
\nExperience supporting the drafting, review, and negotiation of key project agreements (e.g., PPA, EPC, O&M, Land Lease, Shareholding, and Joint Development agreements), and providing commercial guidance on milestone payments, insurance, and contractual obligations.
\nStrong analytical, organisational, and communication skills, with the ability to provide strategic commercial inputs, track project progress, support approvals, and ensure alignment between technical, financial, and strategic project objectives.<\/p>\n
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