Purpose for the role:To manage and optimise the returns of offshore wind assets throughout the operations phase of their lifecycle. Drive value through operational, financial, and technical levers, whilst ensuring adherence to appropriate governance and QHSE standards. This will involve challenging, supporting, and in many cases leading workstreams to seize improvement opportunities and mitigate risks. To cultivate strong relationships with key partners and stakeholders, exert influence and oversight, and represent Masdar's interests in various joint venture projects. To provide asset management expertise to projects under development and during M&amp;A processesAsset Management:<ul><li>Manage the assigned assets proactively from operational, commercial/ financial, technical angles to optimize value and returns </li><li>Monitor the performance of the assigned assets and exert influence and control to drive improvement </li><li>Manage and update stakeholders proactively on the performance of the assigned asset portfolio</li><li>Identify relevant risks at early stage and communicate mitigation proposals</li><li>Manage key contracts relating to the asset e.g. Operating &amp; Maintenance (O&amp;M) contract, Power Purchase Agreement (PPA) &amp; Financing Agreements or alike</li><li>Contribute to the implementation, maintenance, and improvement of an Asset Management System which is consistent with ISO 55001</li></ul>Financial valuation and management of debt:<ul><li>Manage and update the financial models relating to the assigned assets</li><li>Manage and optimize HoldCo debt and ensure compliance with lenders’ requirements, in line with Masdar’s relevant structured finance procedures</li><li>Ensure that valuations for assigned assets are up to date and accurate</li></ul>Reporting on operating assets and preparation of investment decision materials:<ul><li>Compile operational and financial updates for operating assets assigned</li><li>Update line management and Masdar’s appointed board members (as appropriate) on recent developments and future outlook of the operating assets </li><li>Put together material and analysis required and present cases to decision makers as necessary under the Masdar Delegation of Authority</li></ul>Development and tracking of annual budgets:<ul><li>Develop annual budgets for assigned assets in coordination with relevant team members</li><li>Analyse key drivers and set and monitor KPIs to track performance against target and report on deviations if any </li><li>Review and assess annual O&amp;M budgets for assigned assets by analysing and commenting on the key value drivers</li></ul>Coordination with Technical &amp; Engineering / Commercial teams: <ul><li>Ensure technical / engineering teams are involved in relevant workstreams on operating assets</li><li>Coordinate route to market strategies with the Commercial function to maximize revenues Appointments to governance roles in the assets</li></ul>Represent Masdar’s interests at Advisory / Operational Committees at SPV level as assigned:<ul><li>Ensure that decisions are taken in due form and representing the interest of Masdar Cooperation with Business Development and M&amp;A teams</li><li>With a whole lifecycle mindset, advise the Business Development and M&amp;A teams on asset management related topics to enhance investments and ensure Asset Management can deliver against its mandate</li><li>Manage handovers of operational assets into Asset Management Strategic exits</li><li>With support from the line manager, review and evaluate exit strategies for assigned assets to maximize returns to Masdar</li><li>Prepare necessary documentation and analysis to enable informed decision making</li></ul>Comply with information security policies, procedures and requirements at all times:<ul><li>Adhere to any applicable Masdar information security policies and procedures and identify and report security incidents and suspected weaknesses to the appropriate point(s) of contact.</li><li>Protect assets under care (e.g. laptops and other devices) and information/credentials against unauthorized access, sharing, and/or damage/loss, in accordance with the Information Classification and Handling Procedure.</li><li>Clear desks of all sensitive material and log off/ lock workstations at the end of the day and when leaving desk for a prolonged period in accordance with Acceptable Usage Policies. </li><li>Ensure not installing, copying or modifying of any software on Masdar equipment without authorization.</li></ul>The job holder manages multiple workstreams that are assigned to him/her including the management of operational assets. Assets are usually large in both value and complexity and are of international scale

Launched by the Abu Dhabi leadership in 2006 with a mandate to advance renewable energy through education, R&amp;D, investment and commercialization, Masdar is securing the emirate&rsquo;s continued leadership in the evolving global energy market.

Manager, Asset Management, Global Offshore Wind & UK

Purpose for the role:To manage and optimise the returns of offshore wind assets throughout the operations phase of their lifecycle. Drive value through operational, financial, and technical levers, whilst ensuring adherence to appropriate governance and QHSE standards. This will involve challenging, supporting, and in many cases leading workstreams to seize improvement opportunities and mitigate risks. To cultivate strong relationships with key partners and stakeholders, exert influence and oversight, and represent Masdar's interests in various joint venture projects. To provide asset management expertise to projects under development and during M&amp;A processesAsset Management:<ul><li>Manage the assigned assets proactively from operational, commercial/ financial, technical angles to optimize value and returns&nbsp;</li><li>Monitor the performance of the assigned assets and exert influence and control to drive improvement&nbsp;</li><li>Manage and update stakeholders proactively on the performance of the assigned asset portfolio</li><li>Identify relevant risks at early stage and communicate mitigation proposals</li><li>Manage key contracts relating to the asset e.g. Operating &amp; Maintenance (O&amp;M) contract, Power Purchase Agreement (PPA) &amp; Financing Agreements or alike</li><li>Contribute to the implementation, maintenance, and improvement of an Asset Management System which is consistent with ISO 55001</li></ul>Financial valuation and management of debt:<ul><li>Manage and update the financial models relating to the assigned assets</li><li>Manage and optimize HoldCo debt and ensure compliance with lenders’ requirements, in line with Masdar’s relevant structured finance procedures</li><li>Ensure that valuations for assigned assets are up to date and accurate</li></ul>Reporting on operating assets and preparation of investment decision materials:<ul><li>Compile operational and financial updates for operating assets assigned</li><li>Update line management and Masdar’s appointed board members (as appropriate) on recent developments and future outlook of the operating assets&nbsp;</li><li>Put together material and analysis required and present cases to decision makers as necessary under the Masdar Delegation of Authority</li></ul>Development and tracking of annual budgets:<ul><li>Develop annual budgets for assigned assets in coordination with relevant team members</li><li>Analyse key drivers and set and monitor KPIs to track performance against target and report on deviations if any&nbsp;</li><li>Review and assess annual O&amp;M budgets for assigned assets by analysing and commenting on the key value drivers</li></ul>Coordination with Technical &amp; Engineering / Commercial teams:&nbsp;<ul><li>Ensure technical / engineering teams are involved in relevant workstreams on operating assets</li><li>Coordinate route to market strategies with the Commercial function to maximize revenues Appointments to governance roles in the assets</li></ul>Represent Masdar’s interests at Advisory / Operational Committees at SPV level as assigned:<ul><li>Ensure that decisions are taken in due form and representing the interest of Masdar Cooperation with Business Development and M&amp;A teams</li><li>With a whole lifecycle mindset, advise the Business Development and M&amp;A teams on asset management related topics to enhance investments and ensure Asset Management can deliver against its mandate</li><li>Manage handovers of operational assets into Asset Management Strategic exits</li><li>With support from the line manager, review and evaluate exit strategies for assigned assets to maximize returns to Masdar</li><li>Prepare necessary documentation and analysis to enable informed decision making</li></ul>Comply with information security policies, procedures and requirements at all times:<ul><li>Adhere to any applicable Masdar information security policies and procedures and identify and report security incidents and suspected weaknesses to the appropriate point(s) of contact.</li><li>Protect assets under care (e.g. laptops and other devices) and information/credentials against unauthorized access, sharing, and/or damage/loss, in accordance with the Information Classification and Handling Procedure.</li><li>Clear desks of all sensitive material and log off/ lock workstations at the end of the day and when leaving desk for a prolonged period in accordance with Acceptable Usage Policies.&nbsp;</li><li>Ensure not installing, copying or modifying of any software on Masdar equipment without authorization.</li></ul>The job holder manages multiple workstreams that are assigned to him/her including the management of operational assets. Assets are usually large in both value and complexity and are of international scale

Manager, Asset Management, Global Offshore Wind & UK

About the Job

About the Company

Masdar

Similar Jobs

Sr. Specialist, Commercial Management

Sr. Specialist, Commercial Management

Senior Financial Controller

Senior Financial Controller

Asset Manager - South France

Asset Manager - South France

Senior Specialist, Private Asset Servicing

Senior Specialist, Private Asset Servicing

O&M Manager

O&M Manager

Director, Finance

Director, Finance

Senior Vice President, Asset Management (SEA)

Senior Vice President, Asset Management (SEA)

Senior Transaction Manager

Senior Transaction Manager

Executive Vice President, Asset Management and Operations

Executive Vice President, Asset Management and Operations

Senior Manager, Portfolio Management - Platforms (Eastern Europe)

Senior Manager, Portfolio Management - Platforms (Eastern Europe)