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FINANCIAL MODELLING SPECIALIST – PROJECT FINANCE ?? Midrand, Gauteng | Permanent Fempower Personnel is recruiting an experienced Financial Modelling Specialist for a leading Finance Institution. We are looking for a hands-on Project Finance Financial Modeller with proven experience developing complex financial models for infrastructure projects on a limited-recourse basis . This is not a general Corporate Finance/M&A modelling role . Strong, practical Project Finance modelling experience is essential . What we're looking for: Relevant Bachelor's degree in Finance, Economics, Accounting, Business or related field Minimum 5 years' financial modelling experience Proven Project Finance and infrastructure modelling experience Demonstrable experience building project-finance models from scratch Advanced Excel and VBA capability Strong understanding of: Debt sizing and sculpting DSCR and LLCR Cash-flow waterfalls Interest during construction Debt service reserve accounts Cash sweeps and circular references Gearing optimisation Scenario and sensitivity analysis Ability to translate commercial and legal agreements into financial modelling logic Understanding of EPC, O&M and offtake agreements within project-finance structures Exposure to infrastructure sectors such as energy, water, transport, ICT and/or PPPs Strong due diligence and advisory capability Water infrastructure project-finance modelling experience will be highly advantageous. Candidates whose experience is predominantly Corporate Finance, M&A or valuations without hands-on Project Finance experience will not meet the requirements of this position. If you have built and interrogated complex infrastructure project-finance models and understand what makes a project bankable , we'd like to hear from you. Closing date: 31 August 2026 Desired Skills: Analysis Excel Financial Analysis VBA Due Diligence Desired Qualification Level: Degree About The Employer: Financial Services