Manager, Portfolio Management MENA

Purpose for the role:

To manage completed renewable assets that have been transferred to the asset management function by ways of 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 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 FM’s to ensure they are available timely and accurately, in line with relevant procedures
• 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 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 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 in order 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 in order 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.