Asset Manager- TAQA, UAE

 Asset Manager- TAQA, UAE

JOB PURPOSE:

To oversee the implementation of asset management strategies, policies, and programs for the portfolio of selected International Assets to achieve optimal return on investment, target profitability, operational excellence and maximize asset performance, in line with the overall business strategy.

Job Specific Accountabilities

Asset Management

Conduct analyses contribute to the development and implementation of asset management strategies, policies, operational improvement initiatives, merger and acquisition activity or legal issues.

Ensure asset’s management compliance to the optimum operating conditions in coordination with the Local management, HoldCo and relevant stakeholders 

Drive business-planning activities from asset management perspective (short-term and long-term planning) including strategy and objectives setting, annual budget development, and corporate performance measures setting.

Understand and review of financial models to evaluate impact on investments returns on proposed exercises such as PWPA extension, refinancing, LTSA negotiations, or any critical matter requiring shareholders participation.

Work with the management of International assets to establish and maintain a risk register for each individual and for the fleet, including identifying and evaluating risks as well as proposing mitigation actions.

Conduct benchmarking analysis to identify gaps vs best practices and promote action plans to capture untapped performance potential and value.

Ensure forecasting is up to date and financial and production information is used correctly in internal reporting.

Review and report on the asset’s business strength and performance indicators; monitor the impact on cash flow and financial resources and ensure that areas of unsatisfactory performance are identified, rectified.

Monitor the progress of the projects measured against the project plan. Monitor and report on the asset’s business strength and performance indicators; Monitor commercial model to be able to understand key risks, impacts on asset value, cash flow forecasts and financial resources and ensure that areas of unsatisfactory performance are identified, rectified.

Manage and execute the analysis and resolution of issues derived from the financial performance of the specific projects to be aware of costs and financial KPI’s associated with the projects.

Oversee and understand the financial management of contracts and agreements of the asset and their related obligations to manage and control the assets effectively and in the best interests of HoldCo.

Oversee and monitor the progress of the projects measured against the project plan and develop lessons learnt, to ensure compliance with set standards and agreements and manage any delays with projects.

Oversee the coordination of activities related to sites under construction, including test energy production, substantial completion milestones, and commercial operation declaration.

Drive and review analysis and provide information to contract negotiations during development, operational improvement initiatives, merger and acquisition activity or legal issues.

Oversee and contribute to conducting research and identify opportunities in market rules, market regulations, and power marketing operations for client assets.Endorse hiring of key positions of given international asset.

Coordinate and monitors external consultants’ work and progress

Flexibility to travel to ensure, if required, appropriate level of engagement on-site.

New Opportunities

Identify and ensure that potential areas of cost reduction or performance improvement opportunities are capitalized upon to facilitate achievement of organizational objectives.

Identify required enhancements to existing projects and evaluate project economics and cash flows for new opportunities, including sensitivity analysis of different scenarios their selections methods and the alternative execution options.

Provide subject matter expertise on review/evaluation of asset expansion and modification, as well as asset optimization.

Evaluate, identify, and secure the optimum market position and prices for  assets including analysis of alternative tariff, different pricing arrangements, product and feedstock market assessments and development of pricing forecasts and future economic scenarios based on ground realities.

 

Collaboration

Work with management of the portfolio companies to prepare recommendation to HQ senior management on any financial/contractual/commercial/strategic matter.

Support the development of strong relationships with strategic partners and all relevant external/internal entities with highest standards of business ethics, in-order to improve business outcomes whilst protecting HoldCo’s business interests.

Collaborate with finance business partners to achieve strategic KPIs on commercial and revenue management.

Manage the identification of operational synergies on investments to optimize cost and performance.

Manage and execute as needed in the writing, formatting, processing, and timely execution of reports to ensure proper books and records of operating assets

Apply Here:

https://jobs.taqa.com/vacancies/1942/asset_manager//

===============================================================

Join General, and category-specific Whatsapp jobs groups to be notified of the latest jobs in the Middle East.

Navigate here, to read more:

https://www.dubai-forever.com/whatsapp-jobs.html

UAE/KSA/Oman/Qatar/Kuwait/Bahrain