Manager Portfolio Management MENA

Purpose for the role:

To manage completed renewable assets that have been transferred to the asset management function by 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 Responsibilities:

• Manage 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 an 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.
• 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.
• 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.
• Provide required financial analysis and deliver assistance in the process of evaluations of exit options.
• Review the FM and relevant documents available in the data room and provide input to the team handling the investment appraisal.
• Act as a focal point to providers of third-party financing for assigned assets and identify and manage the implementation of refinancing levers for value enhancement.
• Maintain relationships with financing parties to understand market status and trends.
• Facilitate information gathering from other portfolio managers.
• Act as a focal point with external providers of business intelligence services to support informed decision-making through intelligence.
• Synthesize external and internal information into a timely and efficient reporting format for internal distribution.
• Build and maintain a network of relevant contacts to support daily activities and long-term objectives of the team.
• Engage with and monitor relationships with internal and external stakeholders to ensure adequate knowledge transfer and completion of services as per agreed parameters.
• 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.

Qualifications:

Preferred Qualifications:

• Bachelor's degree in engineering or related field.
• MBA or relevant Master's degree is an asset.

Preferred Experience:

• 6-8 years experience in financial analysis, operational enhancement projects, restructuring, and value-based management in a relevant sector.

Job Specific 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 modeling and analytical skills.
• Strong knowledge of tools and systems used in asset management.
• Good understanding of relevant rules and regulations.
• MUST have MENA experience; preference will be given to people already based in the UAE.

Additional Information:

Masdar is one of the world's 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 UAE's 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 UAE's 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, waste-to-energy, and geothermal energy, Masdar has a proven record of delivering pioneering projects using cutting-edge clean energy technologies that are commercially viable and bankable.

Remote Work:

No

Employment Type:

Full-time