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Masdar is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges.
Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.
Please note: Applicants should be UK based and already have the right to work here.
Build and control Financial Models, perform valuations, administrate internal reporting (PMR, Chairman’s update, quarterly report, board reporting, budget submissions), monitor financial performance of the assets, actively contribute to asset management relating to but not limited to project financing, commercial negotiations, contract analysis, budget preparations and monitoring, and other routine asset management activities.
Responsibilities
Contribution to asset management
- Support the management of assets proactively from a financial and commercial perspective to optimize value and returns
- Support the management of assets and control the performance of the assigned assets and report to senior management accordingly
- Support the management of assets and update stakeholders proactively on the performance of the assigned asset portfolio
- Identify relevant risks at early stage and communicate mitigation proposals
- Support the management of key contracts relating to the asset e.g Operating & Maintenance (O&M) contract, Power Purchase Agreement (PPA) and all Financing Agreements
- Perform research as needed to make informed decisions
Financial modelling
- Build, manage and update the Financial Models (FM) relating to the assigned assets
- Complete lenders’ requirements relating to revisions / updates of the FM’s to ensure they are available timely and accurately, in line with relevant procedures
Reporting on operating assets and preparation of investment decision materials
- Compile operational and financial updates for all operating assets under management
- Assist in putting together material and analysis required to present cases to decision makers as necessary under the Masdar Delegation of Authority
Development and tracking of annual budgets
- Develop annual budgets for all the operating assets in coordination with relevant team members
- Analyse key drivers and monitor KPIs in order to track performance against target and report on deviations if any
O&M budgets
- Assist the process of approval of the O&M budget for each operating asset by analysing and commenting on the key drivers
- Deliver support on performing gap analysis between O&M budgets approved by the asset’s operating teams and Masdar corporate
Valuation & risk analysis
- Work closely with e.g. Masdar Corporate Finance team to provide the required support to their analyses on the assets
Assistance to Business Development, Technical and Project Management, and support functions
- In coordination with the line manager, support the Business Development teams, Technical and Project Management and support functions with asset management related information that is of relevance to their respective work
Strategic exits
- Provide required financial analysis and deliver assistance in the process of evaluations of exit options
Special value adding assignments
- Engage in special value adding assignments occasionally such as debt restructuring, impairment analysis, financial assessment of legal claims, implementation of some customised software and Research & Development initiatives
Preferred Qualifications:
- Bachelor’s degree in a relevant field such as business administration, finance, economics, engineering or equivalent with preferably cumulative GPA of 3.5 and above
- Master’s degree, Chartered Financial Analyst certifications will be welcome
Preferred Experience:
- 4-6 years of relevant experience in financial modelling & analysis, investment appraisals, feasibility studies and due diligence assignments in a relevant or related sector
Job-Specific Skills:
- Strong financial modelling and analytical skills
- Strong knowledge of tools and systems used in asset management
- Good understanding of relevant rules and regulations
- Proven ability to manage and prioritize multiple on-going projects
- Ability to identify key value drivers and risks
Job-Specific Skills:
- Exceptional communication and interpersonal skills leading to a consultative approach within a corporate/multifunctional environment.
- Ability to manage cross-functional teams.
- Knowledge of the traditional energy industry.
- Project administration and legal knowledge.
- Project management skills and planning and organising.
- Attention to detail.
- Proven ability to manage and prioritize multiple ongoing projects acumen
As part of the application process, we will collect, store and process personal information about you.
Masdar will use your personal information in accordance with our Candidate Privacy Notice, which provides details on the purposes for which your data is processed.