Project Development Leader at GE Africa

GE- We’re a global infrastructure, finance and media company taking on the world’s toughest challenges. And we are taking the strengths that have made us an industry leader and putting them to work in service of a new era of global business, with a focus on the world and the people we share it with. Through initiatives like ecomagination and healthy magination, we are developing the next generation of products and services to improve the way we use resources, impact our communities and care for each other. Join GE and you’ll discover a career opportunity of incredible diversity – across disciplines and around the globe. No other company invests in the development, training and advancement of its employees the way we do, because we believe it is our innovative thinking that is our strength, and that strength is what enables GE to make a positive impact on tomorrow, today. From jet engines to power generation, financial services to water processing, and medical imaging to turning imaginative ideas into leading products and services. GE is imagination at work

Job Title: Project Development Leader-Nigeria

Career Level: Experienced
Function: Business Management
Function Segment: Executive Management
Location: Nigeria- Lagos

Role Summary
The job holder will be responsible for building and leading Independent Power Project (IPP) development organization for GE in Nigeria. Objective for organization is to co-develop 10+GW of power in Nigeria where GE can secure equipment and services orders. In addition, projects may entail financial support from GE and
Leader will be responsible for assuring that projects are financeable by 3rd parties and reach financial close in a timely manner.

Essential Responsibilities 

• Build out Nigerian IPP development project team.
• Develop and build IPP projects
• Connect with key developers in Nigerian market.
• Identify and screen projects for GE participation
• Prepare development budgets, timelines and structure and negotiate Joint Development Agreements with targeted partners
• Developing relationships & negotiating commercial terms
• Prepare and present investment rational for business and regional stakeholder approval
• Lead negotiations with prospective partners on joint development agreements
• Maintaining direct responsibility for projects in development
• Monitor portfolio and actively manage development spend
• Structure projects to maximize GE equipment and services pull through and minimize risk exposure

Qualifications/Requirements:

• Bachelor’s degree in accounting, finance, business administration or equivalent (MBA preferred)
• 20+ years of relevant experience in the power industry or energy sector with significant project power project development experience especially in greenfields
• Experience in Independent Power Project development in Nigeria or other Sub-Saharan markets
• Must have worked in the power generation sector, or consulted for the sector
• Proven leader with demonstrated success developing large EPC power projects is essential. Strong knowledge and experience in project management and project controls
• Project analysis, feasibility study, detailed design - commercial closure
• Strong complex project management skills; Lean Six Sigma or other quality methodologies; and PMP certification preferred
• Experience with evaluating, negotiating and closing contracts
• Demonstrated experience in brokering, structuring and closing power deals
• Project finance experience, with demonstrated aptitude in and economic modeling / pro-forma analysis
• Understanding of Development Asset agreements
• Working knowledge of project development requirements such as fuel supply, grid interconnections, permitting requirements, etc
• Knowledge of gas-fired power generation technology
• Competency to work unaided in development of contractual agreements, utilizing legal for approvals only
• Team player with outstanding interpersonal skills
• Demonstrated passion and experience driving growth and initiating change
• Excellent communication skills and demonstrated executive presentation skills
• Dynamic, enthusiastic, self-motivated and proactive

Additional Eligibility Qualifications:

• MBA qualification
• Minimum of 20 years hands on experience in the power generation sector, with a deep understanding of legal documentation evaluation
• Experience in Nigerian power sector
• Understanding of various financing products and structures, including loans, leases, partnerships and equity investments
• Engineering background or experience

Application Closing Date
24th September, 2012

How To Apply
Interested and qualified candidates should:
Click here to apply online