Position Description:
This position is for professional with experience in utility
company with background in business development.
Education and Experience:
- § Must
have achieved minimum bachelor’s degree business, accounting, finance,
economics, or related field from a reputed university.
- § CFA
certificate is preferred.
- § Minimum
10 years’ Experience in a similar role in the Utility sector, with minimum 5 year’s
experience preferably in GCC countries.
- § Must
have experience from Off-Taker, International Developer or advisory firm.
- § Proven
track record in Project Finance Structuring and assessment of Project
Bankability preferably can
build Tier-3 (Advanced/Specialized) financial model and conduct sensitivity
analysis.
- § Ability
to interpret and apply IFRS, GAAP, and other relevant accounting standards.
- § Experience
in being in charge of Interest Rate Swap transactions inclusive of preparation
of Hedging Protocol.
- § Preferred
to have experience in analyzing ISDA master agreement.
- § Deep
understanding in commercial/financial negotiations of IWPP projects
- § Proficiency
with spreadsheets, databases, and financial software applications.
- § Presentation,
reporting, and communication skills.
- § Proven
knowledge of financial forecasting and diagnosis, corporate finance, and
information analysis.
- § Proficient
in MS Office (Word, Excel, and PowerPoint).
- § Ability
to present financial information to a non-financial audience.
- § Working
knowledge of financial strategies.
- § Strong
organizational and multitasking skills.
- § Detail-oriented
and able to perform in a high-pressure environment.
- § Fluent
in written and spoken English.
Key responsibilities:
- § Responsible for all the
activities and strategy for financial closing.
- § Resolve all Commercial
Disputes during IPP/IWPP commercial operation period
- § Represent the Corporation in
the clarifications and negotiations with IWPP bidders and Preferred Bidders
through to project Financial Close.
- § Draft tender documents (RFB
compilation) for PPP projects, clarifications, Bid Evaluation, Contract
Negotiation and finalization of Project Agreements.
- § Thorough audit and analysis
of Bidders’ Financial Model for bid evaluation and ranking.
- § Development and compilation
of Request for Bid documents for Advisory Service contract and manage entire
tender process up to contract execution.
- § Manage and supervise
Advisors (external consultants) and review and approve advisor’s works.
- § Contribute the required
financial analysis and reporting for the quarterly Corporate Performance Report.
- § Contribute to the Budgeting
for the Corporation including the assessment of the economic feasibility for
all major projects & Business Plans.
- § Analysis and advice re
Capital Projects Evaluation for Water and Electricity Network Expansion.
- § Updating current models and
Developing new Tariff Models and Corporate Financial Models for the Corporation.
- § Provide analysis, assessment
and advice regarding the financial and commercial risk aspects of utilities purchase
agreements.
- § Prepare mid-long-term
Financial Projections for the Corporation and the Business Plans
- § Prepare analyses and reports
for presentation to Higher Management.
- § Provide the experience and
credibility to represent the Corporation at a senior level, both internally and
externally.
- § Contribute to the
development and updating of Process Documentation of the department’s
responsibilities and activities.
- § Develop ad-hoc analysis
reports to the Higher Management for corporate strategy and decision
- § Performs valuation analysis
on a wide range of target investment opportunities using accepted and relevant
approaches and theory
- § Develop new financial models
and enhance existing models in order to provide more accurate financial
analysis for sound financial decisions. Studies and analyses the existing
tariff structure and recommend methods of optimizing the overall tariff in line
with overall organization objectives
- § Provides analysis,
assessment, and advice on the financial and commercial risk aspects of power
and water sales agreements
- § Studies and analysis of the
current commercial agreements and identify the key challenges and gaps of agreements
benchmark against global best practices in a similar environment.
-
- § Assists senior management to
appoint external consultants and to contribute to the management of the
consultancy services.