Finance Manager SPPC5

Full time at Masdar (Abu Dhabi Future Energy Company) in Saudi Arabia

Posted on January 15, 2025

Job details

Company Description 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. Job Description As the Finance Manager, you will provide direction and management for the SPPC5 Sadawi PV project from a financial management perspective, developing and overseeing the implementation of plans and financial models to meet the long and short term financial requirements in an optimal economic manner and in line with sound financial, accounting and risk management practices thus ensuring optimization of asset value and return to shareholders. Responsibilities include:

Initiate and direct the formulation and implementation of financial policies and accounting procedures in consultation with the Senior management.
Provide financial and accounting control, ensuring the integrity of internal control and accounting information in compliance with IFRS and maintaining the integrity of the GL, payables, receivables, bank reconciliations and Oracle data and information.
Develop/amend, in consultation with the Senior management, and obtain approval on corporate policies and procedures governing collections, receipts, custody, control and disbursement of funds and securities, choice and use of depositories and extension of credit and ensure implementation of and compliance with such corporate policies and procedures.
Monitor the preparation, review and submission of the proposed annual budget, in consultation with the Senior management, and manage the preparation of appropriate management information reports related to performance, compliance, issues and actions relating to tax, insurance, budget, internal control and risk management and present such management information reports to the Board.
Conduct ongoing reviews on the financial performance of various departments/sections and investigate and report the deviations from the stated budgets and operational plans.
Assist the process of approval of the O&M budget for the operating asset by analyzing and commenting on the key drivers.
Lead and develop the team, ensure employee engagement and competence, and manage change.

Qualifications

Degree qualified in business/finance or related field. A master's degree would be an asset.
Chartered accounting experience is valuable for this role.
At least 10 years of relevant and solid experience in project finance and financial modelling & analysis including experience in investment appraisals, feasibility studies and due diligence assignments in a relevant or related sector.
Energy sector experience preferred.
Strong financial modelling and analytical skills.
Familiarity with VAT regulations in general and the local regulations.
Excellent verbal and written communication skills in English and Arabic.

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. #J-18808-Ljbffr

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Hiring company

Masdar (Abu Dhabi Future Energy Company)

See All Masdar (Abu Dhabi Future Energy Company) Jobs

Improve your chance to get this job. Do an online course on Finance starting now.

Corporate Finance Officer Skill-Up

AED 937

Duration: Upto 125 Hours

Enrol
Online Anti-Money Laundering Skills Course Gate

AED 67
~~AED 833~~

Duration: Upto 7 Hours

Enrol

See all courses

See All Finance Jobs

Finance Manager SPPC5

Job details

Apply safely

Hiring company

Masdar (Abu Dhabi Future Energy Company)

Finance Advisor

Finance Advisor

Managed Pressure Drilling

Sr Counsel - Corporate & Project Finance

Project Finance Consultant

Offshore Installation Manager

HSE Manager

Offshore Installation Manager

QC Manager

Project Management Specialist

Offshore Installation Manager

Contracts Management Department Manager - Head office

Reliability & Asset Management Engineer

Reliability & Asset Management Engineer

Oil Reservoir Management Engineer

Oil Reservoir Management Engineer

Oil Reservoir Management Engineer

Oil Reservoir Management Engineer

Project Manager

Jobs

Courses

Location

Follow us

Home Saudi Arabia Finance Manager SPPC5

Home Saudi Arabia Finance Manager SPPC5

Finance Manager SPPC5

Job details

Apply safely

Hiring company

Masdar (Abu Dhabi Future Energy Company)

Similiar Jobs that might interest you

Finance Advisor

Finance Advisor

Managed Pressure Drilling

Sr Counsel - Corporate & Project Finance

Project Finance Consultant

Offshore Installation Manager

HSE Manager

Offshore Installation Manager

QC Manager

Project Management Specialist

Offshore Installation Manager

Contracts Management Department Manager - Head office

Reliability & Asset Management Engineer

Reliability & Asset Management Engineer

Oil Reservoir Management Engineer

Oil Reservoir Management Engineer

Oil Reservoir Management Engineer

Oil Reservoir Management Engineer

Project Manager

Why are you reporting this job?

Laimoon Job Alert fresh jobs directly from websites*

Jobs

Courses

Location

Follow us