Associate, Portfolio Management - Platforms (UAE National)
Full time
na Masdar (Abu Dhabi Future Energy Company)
no
UAE
Publicado em January 29, 2025
Detalhes do emprego
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
Job Purpose: To manage an assigned portfolio of operational clean energy assets under the Europe platform to deliver the business cases and to maximize value by ways of financial engineering, operational enhancements, relationship management and strategic exits, while practising best-in-class governance and adhering to reporting needs.Responsibilities:
- Management of portfolio of assets and/or platform companies:
- Manage the due diligence streams, third-party consultants, ownership and accountability financial modelling, preparation of internal briefing material and closing arrangements.
- Prepare and implement financial and operational controls frameworks and processes in a portfolio management environment.
- Execute portfolio activities across multiple energy and preferably renewable operating assets.
- Ensure achievement operational and financial turnaround in energy and renewable assets.
- Manage post-acquisition integration (PMI) and asset optimization (operation, technical, financial).
- Management of relationships with investment partners:
- Develop professional relationships with Masdar Investment Partners (e.g. JV's) and actively participate in meetings ensuring adequate representation of Masdar and its interests at all times.
- Conduct regular high intensity interaction with investment partners, portfolio companies and projects and contribute to accurate information exchange through various reports.
- Management and reporting on asset performance:
- Manage and report on periodic assessments of on-going asset performance, continued value enhancement potential and areas of risk on the asset base.
- Ensure accurate monitoring and assessment of asset value and risk drivers as well as systematic reporting and prioritization of opportunities and risks.
- Manage third-party capital and debt relevant to asset management:
- 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.
- Identify and evaluate exit opportunities and exit strategy for assets that are being managed.
- Maintain familiarity and connections with potential buyer universe.
- Management of stakeholders and third-party service providers:
- Ensure relationships with service level providers are managed smoothly and effectively in a way that guarantees that Masdar is provided with quality and timely services, in line with relevant service level agreements.
- Personally manage key relationships/negotiations with relevant internal and external stakeholders in order to ensure the negotiation and agreement of favourable deals and agreements that safeguard Masdar's best interests.
- Contribute to the continuous improvement and implementation of unit systems, policies and procedures covering all areas of activity.
- Reporting to stakeholders:
- Complete all relevant reports in a comprehensive, accurate and timely manner, and comply with international principles of corporate governance and standards, and shareholder requirements.
Qualifications
- Preferred Qualifications:
- MBA or relevant Master's degree from a top-tier internationally recognized higher education institution.
- Bachelor's degree in engineering or related field.
- Minimum of 2-5 years of experience in senior roles in energy and renewables, investment banking and asset management/portfolio operations in an energy investment environment or equivalent experience.
- Experience with preparing and implementing financial and operational controls frameworks and processes in a portfolio management environment.
- Experience in utility, IPPs or private equity.
- Experience in renewable energy/Infrastructure investments and business development.
Job-Specific Skills:
- Strong strategic thinking and business acumen skills.
- Strong financial modelling and analytical skills.
- Exceptional communication and interpersonal skills leading to a consultative approach within a corporate/multifunctional environment.
- Ability to integrate and lead cross-functional teams.
- Excellent understanding of value-based management concepts.
- Extensive familiarity with commercial and risk concepts.
- Strong knowledge of tools and systems used in asset management.
- Good understanding of relevant rules and regulations.
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