Manager/Sr. Manager-PF

Al Jomaih Energy & Water (AEW) headquartered in Saudi Arabia, is a fast-growing investor, lead develper, and operator of utility and infrastructure projects in various geographical markets such as KSA, GCC, Asia & North Africa, with investments in 6 GW of Conventional and Solar power plants, and around 700,000 m3/day of water.

AEW was established in 2007, as a subsidiary of Al Jomaih Holding Company, a leading Saudi conglomerate with a legacy spanning over 80 years, focused on enabling sustainable, social, and economic progress in the Kingdom of Saudi Arabia and beyond.

At AEW, our mission is to tackle new technologies, solve complex problems, and leverage our expertise to unlock opportunities in the Power, Renewables & Water Sectors, while driving impact for our stakeholders across the value chain.

Overview

This role will lead the financial analysis and modeling for Power and Desalination projects, and development projects across the globe. It will support several project finance and M&A transactions each year with the goal of developing into a deal lead role on such transactions in the future.

Location: Dubai, UAE

Reporting Structure

Head of Project Finance

Requirements

Your Job Functions (Duties & Responsibilities)

• Develop and audit complex financial models of international standards, with relevant accounting and taxation practices.
• Perform the necessary due diligence, risk analysis and mitigation strategies in the structuring of debt, equity, guarantees or other forms of financing.
• Engage in the internal approvals process which may include interface with different teams such as credit, integrity, legal and other teams as well as the management and the board.
• Ensure appropriate legal documentation is in place for all deals and that financial close is achieved in a timely fashion.
• Perform financial modeling of Power, Desalination, industrial wastewater treatment development opportunities.
• Support structuring of Power Purchase Agreements with potential offtake customers.
• Support project financing and M&A transactions with 3rd party investors, lenders and/or tax equity providers.
• Collaborate effectively with the Development, Organization, EPC, and Interconnection teams.
• Provide strategic financial, Power including renewable energy Desalination and market analysis as needed.
• Review project documents to assess their commercial and contractual implications, specifically for project financing structures.
• Maintain and share knowledge on the executed projects and emerging best practices in the industry.
• Review all contract documentation to understand the requirements in a deal.
• Work on optimizing the tax structure of the projects and reviewing and implementing in the model any accounting and tax related requirements.
• Perform financial analysis on projects.

Qualifications & Skill Sets

• Graduate degree with a focus in finance, economics, or another quantitative field.
• At least 1 to 5 years of work experience supporting the energy and Desalination industry in a financial modeling and transactional role.
• Previous experience working for a leading IPP, utility, renewable developer, or investment bank preferably in MENA.

CORE Competencies

Collaboration & Communication

Agility

Resilience

Initiative

Adaptability

TECHNICAL Competencies

Strategic Thinking

Result Orientation

Stakeholder Management

Financial & Modelling Management

Lender Negotiations