Public-Private Partnership (PPP) Specialist

Overview

Role:

Closing Date:

06 October 2023

Contract Type:

Fixed-Term

Duration:

60 Months

Job Purpose

The incumbent will be responsible to identify, develop, and support the implementation of public-private partnerships (PPPs) that leverage resources from the private sector to expand the delivery of infrastructure within South Africa through coordinating and supporting public sector entities. The Specialist will be someone with solid project finance experience on a number of projects in a number of sectors from a private sector financing perspective as well as experience in understanding the project risks to both public and private sector participants.

Main Responsibilities

Coordinate unblocking activities and provide technical support to public and private parties through the phases of the regulated PPP project cycle, unpacking policy and providing procedural clarity;
Keep abreast with the developments in the PPP framework and the regulatory environment, and position ISAs value-add in this context;
Draw on South African project experience and best international practice in providing guidance to government departments, provinces and municipalities seeking to develop and manage PPP projects
Advocating for the expansion of PPPs in South Africa through actively sourcing potential PPPs in the infrastructure space
Provide assistance to line departments in the preparation of initial project investment proposals for potential PPP projects, while cognisant of requirements to demonstrate affordability, value for money and optimised risk allocation;
Advise government departments and other government entities on feasibility studies required in order to demonstrate project viability
Advise on the appropriate financial structure for these projects based on a knowledge of the market’s ability to provide finance and bear risk
Ensure that government’s explicit and implicit fiscal obligations and risks are determined in the feasibility study stage and that these are communicated from a risk and debt management unit and managed appropriately. This includes guarantees and other instruments.
Analyse all financial models, both in the feasibility studies and in proposals submitted as part of the competitive bidding process to ensure that the projects are affordable, financially sound and sustainable with appropriate risk allocation
Contribute to the development of an ISA Information Repository in terms of developing a database of relevant legislative and regulatory material, global best practice and development of standardised contractual provisions and security documents
Contribute to the development of PPP Methodologies
Procure and brief external financial advisors as necessary
Work with the ISA Technical Support Office to ensure that the financing structure of projects are sound and the involvement of state financial institutions is appropriate;\
Provide assistance in the appointment of transaction advisors to assist in the project preparation feasibility study, ensuring that the study is of adequate quality for review;
Where relevant, provide assistance to the line departments with bidding processes as well as the negotiation and award of the PPP contract and contract management;
Compile progress reports on PPP projects receiving support from ISA and assist with unblocking challenges experienced
Conducting financial and economic analysis which needs to include the public sector’s fiscal capacity assessment, PPP risk analysis with PPP risk allocation matrix
Providing recommendations for the final implementation model based on evaluation of the results analysed
Related tasks as required by the Programme Manager

QUALIFICATIONS

An Honours degree in Finance, Accounting, Actuarial Science, Economics or Engineering
Candidates should have at least a Masters’ degree in a relevant subject (such as economics, finance, public policy, law or financial engineering)
A PPP Recognised Certification programme

WORK EXPERIENCE

A minimum of 7 years relevant experience, in infrastructure development and/or implementation, of which 3 years should be at the senior management level
Experience working in a project management environment
Experience in infrastructure project development and/or project appraisal
Experience in monitoring major infrastructure projects in implementation would be a distinct advantage
Familiarity with the applicable legislation, which includes (but not limited to) the Infrastructure Development Act, the Public Finance Management Act, the Municipal Finance Management Act, GIAMA, PPP Framework, Standards for Infrastructure Procurement and Delivery, etc.
Solid understanding of both South Africa and further international experience and understanding with respect to PPP project preparation, structuring, and transaction management, legal, policy, and institutional frameworks for PPPs and other forms of private participation in infrastructure, broader public investment and fiscal risk management.

Job Requirements

Ability to deal with a wide variety of stakeholders as a senior level
Technical competencies such as an understanding of private financing of infrastructure, knowledge and understanding of Regulation 16 to the PFMA, the National Treasury technical approvals process and the rigorous risk-assessment standards
Strategic, analytical and problem-solving skills
Financial/business analysis skills
Organisational skills
Management skills – including planning, leadership, coordination, and staffing

Public-Private Partnership (PPP) Specialist

Overview

Main Responsibilities

Job Requirements

Republic of South Africa

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