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Asset Director

Asset Director

SET Recruitment ConsultantsCape Town, Western Cape, South Africa
3 days ago
Job description

Asset Director

Market-related Package

Port Elizabeth

Reports to : Chief Asset Operations Officer | Functional reporting to SPV Boards

About the Role

An experienced Asset Director is required to lead the strategic and operational management of a portfolio of utility-scale renewable energy assets. This senior leadership role is responsible for ensuring optimal plant performance, profitability, regulatory compliance, and stakeholder satisfaction. The Asset Director will drive continuous improvement, lead cross-functional teams, and ensure that all operating projects meet their financial and operational targets.

Key Responsibilities

Asset Management Leadership

  • Lead multidisciplinary teams (Asset Performance, Coordination, Sustainability, Legal, Finance) to maximise asset value.
  • Drive operational and financial optimisation in line with contractual obligations.
  • Monitor and improve asset performance against forecasted returns.

Financial Management & Reporting

  • Full P&L ownership for the asset portfolio.
  • Develop, manage, and track annual budgets with detailed variance reporting.
  • Oversee cash flow management, financial modelling, and investor reporting.

    • Regulatory & Contractual Compliance

  • Ensure compliance with PPAs, O&M agreements, land leases, financing agreements, and related contracts.
  • Manage and resolve contractual matters in partnership with legal teams.

    • Stakeholder & Relationship Management

  • Build and maintain strong relationships with off-takers, regulators, landowners, government stakeholders, and shareholders.
  • Prepare and present quarterly board packs and project updates.

    • Risk Management

  • Identify and mitigate operational, financial, regulatory, and environmental risks.
  • Oversee insurance requirements, renewals, and claims.

    • Health, Safety & Environment (HSE)

  • Enforce strict HSE standards across all operating sites.
  • Oversee incident reporting and corrective action processes.

    • Operational Excellence

  • Lead initiatives to reduce downtime and enhance performance.
  • Drive improvement projects including plant upgrades and cost-reduction initiatives.

    • Reporting & Governance

  • Ensure timely and accurate financial, operational, and compliance reporting.
  • Oversee audits and governance reviews.

    • Qualifications & Experience

    Minimum Requirements

  • Bachelor’s degree in Engineering or a related discipline.
  • 10+ years’ experience in asset management, operations, or project management within the renewable energy or utility sector.

    • Preferred

  • Master’s degree in Engineering or related field.
  • Proven success managing utility-scale renewable energy projects.

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    Director Asset • Cape Town, Western Cape, South Africa

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