Vice President (Project Delivery)- TAQA, UAE
JOB PURPOSE
To provide expertise and collaborate with all assets within the Business Line (BL) to maximize the overall realization and optimization of resources/costs by integrating technologies to eliminate inefficiencies, exploiting synergies across different assets, developing and identifying new avenues to increase return and utilization from existing assets
Job Specific Accountabilities
Value Creation
Contribute to the development and implementation of asset management strategies, policies, and programs for UAE Generation Asset Management operations.
Lead and guide the development and implementation of the metrics/ standards, financial model for assessing feasibility and returns including defining various definite and indefinite variables, various quantitative models for all assets within Generation.
Review and incorporate relevant market policies, rules, and other qualitative factors into asset optimization and utilization models.
Direct the development and maintenance of a comprehensive market database for traders, buyers, quality specifications and volumes.
Lead the identification of and secure the optimum market position and prices for NewCo’s 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.
Review financial forecasts and provide expertise on potential areas of cost reduction or performance improvement opportunities are capitalized upon to facilitate achievement of organizational objectives.
Oversee and contribute to conducting research and identify opportunities in market rules, market regulations, and power marketing operations for client assets.
Drive and ensure the identification of operational synergies and shape collaboration across operating companies (OpCos) on investments to optimize cost and performance.
Drive the identification of required enhancements to existing projects and support in evaluation of project economics and cash flows for new opportunities, including sensitivity analysis of different scenarios their selections methods and the alternative execution options.
Develop and maintain 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 NewCo’s business interests.
Project Management
Monitor all relevant UAE Asset Management initiatives to ensure successful achievement of all strategic KPIs and key stakeholder expectations.
Monitor the budgeting of UAE projects, ensuring that adequate provision is made for all budget and capex/opex plans, monitoring and controlling expenditure against approved budget and reconciling variances to ensure on-target performance against budgets.
Review 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 collaboration with O&M group on an on-going basis to ensure compliance with service contracts and project requirements as well as HSE, service level agreements SLAs) and regulatory policies by vendors.
Provide expertise for the continuity and discipline to the development, implementation, and monitoring of the performance of new projects to ensure their successful execution and achievement of key objectives.
Minimum Qualification
Bachelor’s degree in Business Administration, Process Engineering, Economics, or any other related field.
Minimum Experience
10 years of relevant experience in Business Development and/or Project Management
Apply Here:
https://jobs.taqa.com/vacancies/1941/vice_president_project_delivery//
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