Senior Manager Project Finance

JOB PURPOSE:

Project execution team member, managing the financial modelling, fund-raising support and internal approvals and coordination work-streams for project developments and re-financings and developing relationships with financial institutions and taking on greater responsibilities within the team, including training and oversighting Managers.

KEY ACCOUNTABILITIES:

Functional Responsibilities

Senior Manager, Project Finance works within the team in charge of development projects advisory, project finance structuring and execution. He/She has the following responsibilities:

* Build, audit and maintain (and provide supervision when required for junior team members building) comprehensive financial models for large infrastructure projects (for green-field and brown-field developments, refinancings, acquisitions, divestments and stake sales) in full compliance with project and financial agreements, incorporating applicable accounting and taxation policies for the applicable geographies.
* Fund-raising support including structuring, negotiations with banks, export credit agencies and other financial institutions – develop close relationships with financial institutions targeting assigned geographies
* Conduct financial analysis, optimization and business valuation in support of business development teams / bid teams for development projects and associated transactions.
* Assume leadership of tax and accounting, due diligence and modelling work-streams – working closely with the specialist teams within ACWA Power and external advisors.
* Support for economic analyses on, and financial structuring optimizations of, existing operations of ACWA Power (including annual impairment tests and look-back analyses)
* Preparation of investment memoranda / internal documents including reports, summaries and presentations for investment decisions

Train and oversight Managers and interns (as applicable) within the team in the execution of their core responsibilities

Team Management

* Work with transaction manager (Executive Manager (M3) or Director (E1)) in execution of projects
* Co-ordinate with BD team, and as required internal and external legal advisors, techno-commercial team and project company staff members on execution of various deliverables

Governance

* Provide guidance to the subsidiaries from the financial advisory/ fund raising/business valuation perspective, and provide inputs, including analytical support sought by Board Audit Committees / subsidiaries.

COMMUNICATION & WORKING RELATIONSHIPS:

Internal:

* Working closely with the Business Development, Projects Legal, Technology and the CFO Functions (specifically tax, accounting).

External:

* Needs to build a rapport with banks and other financial institutions, investors and equity partners, external consultants, rating agencies, contractors etc.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

* Bachelor’s degree Finance, Accounting, Economics, Maths, Engineering; Preference for higher degrees such as MBA, CA, CFA.

Minimum Experience:

* 5-6 years of experience in project finance group of a development organization, bank, or other financial institutions.
* Experience with developers, banks or other financial institutions, financial advisory service providers or consultancies with a proven track record in building and managing financial models is mandatory
* Knowledge of project finance necessary
* Strong communicator with ability to effectively negotiate and influence with investors and lenders

Ability to work under pressure and tight deadlines