Job Purpose:
To manage completed renewable assets that have been transferred to the asset management function by ways of managing the financial models improving operations & financing conditions where applicable and identifying & mitigating the associated risks to ensure optimization of asset value and return to Masdar
Key Accountabilities:
- Management of assets the assigned asset proactively from a financial and commercial perspective to optimize value and returns.
- Monitor and control the performance of the assigned assets and report to senior management accordingly.
- Manage and update stakeholders proactively on the performance of the assigned asset portfolio
- Identify relevant risks at early stage and communicate mitigation proposals.
- Manage key contracts relating to the asset e.g Operating & Maintenance (O&M) contract Power Purchase Agreement (PPA) & General Power of Appointment (GPA) where applicable.
- Execute portfolio activities across multiple energy and preferably renewable operating assets. Financial model management
Manage and update the Financial Models (FM) relating to the assigned assets:
- Complete lenders requirements relating to revisions / updates of the FMs to ensure they are available timely and accurately in line with relevant procedures Management of relationships with investment partners
- Develop professional relationships with Masdar Investment Partners (e.g. JVs) and actively participate in meetings ensuring adequate representation of Masdar and its interests at all times.
- Conduct regular interaction with investment partners and contribute to accurate information exchange through various reports etc.
Strategic exits & appraisals of investments in operating assets:
- Provide required financial analysis and deliver assistance in the process of evaluations of exit options.
- Review the FM and relevant documents available in data room and provide input to the team handling the investment appraisal.
Manage third party capital and debt relevant to asset management:
- Act as a focal point to providers of thirdparty financing for assigned assetsand identify and manage the implementation of refinancing levers for value enhancement.
- Maintain relationships with financing parties to understand market status and trend:
- Support business intelligence reporting process
- Facilitate information gathering from other portfolio managers.
- Act as a focalpoint with external providers of business intelligence services in order to support informed decision making through intelligence.
- Synthesize external and internal information into a timely and efficient reporting format for internal distribution.
- Contribution to stakeholder relations
- Build and maintain a network of relevant contacts to support daily activities and longterm objectives of the team.
- Engage with and monitor relationships with internal and external stakeholders in order to ensure adequate knowledge transfer and completion of services as per agreed parameters. Compliance with standards and forms
- Apply consistent approaches/discipline and standardized forms in line with relevant policies processes and procedures. Preparation of relevant updates and reports
- Prepare relevant reports and updates as required and to the desired standard.
- Provide management information as and when required by the line manager this includes the production and timely provision of accurate reports in line with reporting schedules
- Compliance with information security policies procedures and requirements at all times
- Adhere to any applicable Masdar information security policies and procedures and identify and report security incidents and suspected weaknesses to the appropriate point(s) of contact.
Qualifications :
Preferred Qualifications:
- Bachelors degree in engineering or related field
- MBA or relevant Masters degree is an asset Preferred Experience:
- 68 years experience in financial analysis operational enhancement projects restructuring and valuebased management in a relevant sector
JobSpecific Skills:
- Exceptional communication and interpersonal skills leading to a consultative approach within a corporate / multifunctional environment
- Excellent understanding of value based management concepts
- Familiarity with commercial and risk concepts
- Strong financial modelling and analytical skills
- Strong knowledge of tools and systems used in asset management
- Strong knowledge of tools and systems used in asset management
- Good understanding of relevant rules and regulations
Additional Information :
Masdar is one of the worlds fastest growing renewable energy companies and a green hydrogen leader placing the UAE at the forefront of the energy transition.
As a pioneer in advancing the clean energy sector and a key enabler of the UAEs vision as a global leader in sustainability and climate action Masdar has developed projects in more than 40 countries across six continents and has invested or committed to invest in worldwide projects with a combined value of more than US$30 billion.
Masdar unites the UAEs three energy champions Mubadala ADNOC and TAQA and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.
Promoting innovation in solar wind energy storage wastetoenergy and geothermal energy Masdar has a proven record of delivering pioneeringprojects using cuttingedge clean energy technologies that are commercially viable and bankable.
Remote Work :
No
Employment Type :
Fulltime