Corporate and Regulatory Compliance Officer GreenCo Power Service Ltd

A. About Africa GreenCo Group (GreenCo)

GreenCo acts as an intermediary offtaker and service provider, purchasing electricity from renewable energy IPPs and selling that electricity to utilities and private sector offtakers (i.e. commercial and industrial users) and through the markets of the Southern African Power Pool.  GreenCo operates on a regional basis, diversifying and mitigating its risks through a portfolio approach.  It aims to accelerate the development of new generation capacity and stimulate regional electricity trade.

GreenCo’s vision is to lead innovation and sustainably transform renewable energy markets. This will be achieved through:

• An innovative, forward-looking approach to power markets with sector changing potential.
• Focusing on creating impact through innovative solutions in the energy sector.
• Fostering an agile start-up culture with a focus on individual responsibility and personal impact.

GreenCo offers a dynamic and exciting work environment for the right candidate, with significant potential for further personal development and career advancement.

GreenCo is a regional business which operates in Zambia through GreenCo Power Services Limited (GreenCo Zambia).  The majority of GreenCo’s staff are based in Lusaka, and the successful candidate will be employed by GreenCo Zambia, but the role encompasses the whole of the GreenCo group.

B. The Role in Context

Corporate and Regulatory Compliance Officer

Purpose of the job
The GreenCo group comprises Africa GreenCo Group, a UK registered company, and its subsidiaries in Zambia, Namibia, South Africa and future expansion countries (each a GreenCo Company). The purpose of the role is to ensure that that each GreenCo Company is fully compliant with all external, internal and regulatory compliance and reporting requirements.

Key duties of a Regional Business Development Manager:

Compliance

• Leading and maintaining the overall approach, system and processes for each GreenCo Company’s compliance reporting to its stakeholders including regulators and investors.
• Maintaining a compliance tracking system to ensure that responsible staff are aware of upcoming deadlines.
• Ensuring full knowledge of all investor reporting and approval requirements and ensuring any necessary approvals are obtained prior to action being taken.
• Assisting in the preparation of reports required by GreenCo’s investors, including coordinating and obtaining input from other internal teams.
• Undertaking know-your-customer checks and other due diligence on potential commercial counterparties, including periodic updates.
• Ensuring that the corporate governance and policies of GreenCo’s commercial counterparties comply with GreenCo’s requirements.
• Co-ordinating with external advisers in relation to corporate and compliance matters.
• Ensuring that the company policies of each GreenCo Company are up to date and approved, including any periodic review, amendments and re-approvals.
• Monitoring compliance with each GreenCo Company’s policies and reporting any deviations.
• Updating and maintaining compliance records.

Company Secretarial

• Ensuring that each GreenCo Company complies with its statutory corporate responsibilities, that board and committee meetings of each Group Company run smoothly and that decisions are properly recorded and appropriate filings made to ensure the company registers are accurate and up-to-date at all times.

Tasks include:

• Coordinating and attending board and committee meetings of each GreenCo Company, preparing reports, agendas and minutes for the same, compiling and circulating documents to be considered at the meetings and pursuing follow up actions and reports on matters arising.
• Preparing written board resolutions for matters which require decisions between scheduled board meetings.
• Convening and servicing shareholder general meetings (AGMs and EGMs) for each GreenCo Company, including preparing briefing notes and draft resolutions/minutes.
• Preparing corporate compliance returns and documents for relevant company registries, including in relation to share transfers, share issuances and changes of directors.
• Coordinating with the company secretary of each GreenCo Company to ensure all necessary filings and other corporate matters are up to date.
• Maintaining key corporate documents and records and acting as a central point of reference for all GreenCo staff on corporate matters.

Regulatory

• Obtaining and renewing all business licences and certifications required for each GreenCo Company to be compliant with the relevant laws in its country of operations.
• Keeping up to date with any regulatory or statutory changes and policies, at national and regional level, that might affect a GreenCo Company, in coordination with the relevant Group Company company secretary or legal advisers where applicable, including in relation to changes in energy sector regulation.
• Preparing licence applications for any Group Company.
• Liaising with the electricity regulator in each country of operation of a GreenCo Company in relation to the relevant Group Company’s licensing requirements.
• Preparation of basic legal documents using standard templates, such as non-disclosure agreements.
• Undertaking legal and regulatory research.

C. Qualifications and Requirements

The Corporate and Regulatory Compliance Officer will be expected to bring a combination of the following experience, personal attributes and qualifications:

• minimum of 3 years experience working in compliance and/or company secretarial;
• degree level education from a recognized university/institution in law, business or equivalent;
• a genuine interest in the job and a proactive, “can do” attitude;
• close attention to detail and excellent organisational skills;
• ability to take responsibility for own workload;
• excellent English written and spoken communication skills;
• solid IT skills, including Microsoft Word, Excel and Powerpoint and willingness to engage with other IT platforms for workflow management;
• a team player, flexible and willing to help out wherever needed;
• an understanding of the energy sector.

D. Time Commitment

This is a full-time role and whilst the normal working week is 40 hours, it is expected that the ideal candidate will be prepared to be flexible as required to fulfil the objectives of the business.

E. Conflict of Interest

Potential conflicts of interest must be declared and discussed prior to this appointment