Senior Financial Expert (Saudi National)

Company Description

Assystem is an international company with one mission: accelerate the energy transition around the world.

Finding solutions to climate change is the priority of the 21st century, and means switching to low-carbon energy. At Assystem, our mission is to accelerate the energy transition worldwide. To achieve this, our 7,500 Switchers combine their historical engineering expertise and project management with digital technologies.

In our 12 countries (Europe, Middle East, Asia) of operation, we are working on the production and distribution of low-carbon electricity, through the development of nuclear and renewable energies. We are also supporting the modernisation and development of energy grids, managing the setup and siting for new transmission and distribution networks, and using hydrogen to decarbonise the transport and industry sectors.

Job Description

ROLE PURPOS: 

We are seeking a highly skilled Senior Financial Expert to structure funding packages to enable financing of the Saudi Energy Project: 

(a) Commercial aspects of the Energy Project.

(b) Support and securing Export Credit Agency (ECA) and debt financing for the project;

(c) Participate in other financial agreements related to the project such as’ equity subscription agreement, shareholder agreement, Debt Financing agreement, and Power purchase agreement (PPA).

In addition, the expert will review financing options, economic evaluation, cost optimization and financial model. The expert will provide all assistance required regarding the project with stakeholders such as’ Ministry of Finance, and key National Gov Funds.

KEY RESPONSIBILITIES & ACCOUNTABILITIES:

• Support the development of the NPP funding strategy and financing mechanism/model

• Review Power Purchase Agreement and provide insight on the structure of the agreement

• Conduct research on technical, operational, and economic factors in order to identify impact on the success of investment and present findings to relevant stakeholders

• Evaluating the financial risks associated with NPP

• Evaluate the funding structure for the nuclear project and provide feedback about the optimal structure

• Conduct scenario and sensitivity analysis with the intent to support investment activities and decision

• Develop the business model for the NPP

• Compose variable deal structures to propose several options to different potential investors and achieve better outcomes such as Joint Ventures and SPV’s

• Support the negotiations with investors and stakeholders and ensure Client interest been met

• Support development of financing approach and relevant project agreements

• structure possible deals and funding packages to enable the financing of the Saudi Energy Project

• Participate in securing Export Credit Agency (ECA) and debt financing for the project

• Participate in other financial agreements related to the project such as’ equity subscription agreement, shareholder agreement, Debt Financing agreement, and Power purchase agreement (PPA).

• Provide all assistance required regarding the project with stakeholders such as’ Ministry of Finance, and key National Gov Funds

Qualifications

QUALIFICATIONS, EXPERIENCE, SKILLS: 

• Bachelor’s degree in finance, Economics, Accounting, Business Administration, or any related field
• Master Degree of Business Administration (MBA)/ Finance preferred

• 14 years of experience in financing/ Investment related to Energy projects.
• Experience working in investment banking/ financial institution/Project. finance/consultancy.
• JVs partnership knowledge.
• Experience in funding nuclear power plant projects 
• CFA Certifications. 
• Excellent written and verbal communication skills, with the ability to effectively communicate scientific concepts to diverse audiences 

Additional Information

 **Security clearance**

This role requires the successful candidate to hold a minimum of a Security Check (SC) clearance without any caveats to that clearance.
Due to the nature of work this role will be delivering and for the protection of certain assets, the successful candidate has to be a UK national or in MoD approved cases a Dual National from a non-ITAR country.

We are committed to equal treatment of candidates and promote, as well as foster all forms of diversity within our company. We believe that bringing together people with different backgrounds and perspectives is essential for creating innovative and impactful solutions. Skills, talent, and our people’s ability to dare are the only things that matter !. Bring your unique contributions and help us shape the future.