Project Finance Director

Veolia Environnement SA; Dubai; On-site; AED 900,000 - 1,200,000; Full time

Job summary

Veolia Environnement SA is seeking a Project Finance Director for the Near & Middle East region to manage all financial aspects of development projects from inception through handover. You will advise Business Development teams, coordinate with the CFO in Dubai, and lead financial modeling, risk analyses, and deal structuring for complex greenfield and brownfield ventures.

The role requires deep IFRS knowledge, at least 10 years in corporate or project finance, and fluency in English; Arabic or

Qualifications

• Bachelor's degree in Finance, Accounting or related field; MBA or professional qualification preferred.
• Minimum 10 years of progressive experience in corporate and project finance.
• Strong IFRS accounting knowledge.
• Advanced financial modeling and valuation skills.
• Experience with project finance structuring and debt financing.
• Ability to coordinate due diligence across technical, legal and financial areas.
• Fluent English; Arabic or French is a plus.

Responsibilities

• Lead financial modeling for projects and M&A opportunities.
• Assess financial returns under IFRS standards and conduct impairment testing as needed.
• Coordinate risk analysis and management for project finance.
• Structure and optimize project financing solutions with banks and financial institutions.
• Oversee due diligence, deal execution and integration for transactions.
• Prepare investment memorandums and support Investment Committee presentations.

Skills

Financial modeling

IFRS knowledge

English fluency

Education

Bachelor's in Finance/Accounting

MBA/ACCA/CFA/CPA preferred

Job description

Main Accountabilities

The Project Finance Director for Veolia Near & Middle East region is responsible for managing all financial aspects of development projects from inception through to operational handover including acquisitions greenfield and brownfield developments M&A transactions and asset rotation activities. The role serves as the key financial advisor to Business Development teams and reports directly to the Veolia Near & Middle East CFO based in Dubai.

Detailed Job Description

Financial Modeling & Valuation:

• Develop comprehensive financial models for new projects and M&A opportunities
• Perform detailed valuation analysis and assess financial returns under IFRS standards (including IFRIC 12 and Asset Co/Op Co schemes)
• Challenge cost assumptions and build robust business plans for tender submissions
• Conduct impairment tests and support Long Term Plan growth projects

Risk Analysis & Management:

• Analyze and quantify risks associated with projects including operational (construction and operation) credit default currency and interest rate risks
• Review contracts from a financial perspective and build comprehensive risk matrices
• Coordinate insurance matters for Veolia Middle East operations
• Manage bond requirements for projects

Transaction Support & Structuring:

• Oversee M&A project management processes including due diligence financial planning scoping closing and integration
• Review and optimize financial and legal structuring of projects including tax considerations
• Structure project financing solutions in collaboration with banks and financial institutions
• Support Commercial teams in preparation and optimization of financial offers during prequalification and tender processes

Documentation & Governance:

• Review and co-draft finance-related provisions in contractual documentation (share purchase agreements shareholders agreements service agreements financing documentation) with Legal teams
• Prepare investment memorandums and presentations for the Groups Investment Committee
• Ensure development projects comply with Group standards and criteria
• Ensure smooth contract start-up and transition to project CFO for awarded contracts

Stakeholder Management:

• Interface with HQ expertise departments / Matrix management (Investment Control M&A Corporate Development Accounting Standards Tax Insurance)
• Liaise with external advisors financial advisors auditors and banking institutions
• Participate in financial negotiations with external parties
• Coordinate research and analysis activities to assess strategic impact of opportunities

Qualifications :

• Bachelors degree in Finance Accounting Business Administration or related field; MBA or professional qualification (CFA ACCA CPA) preferred
• Minimum 10 years of progressive experience in corporate and project finance ideally gained in investment banking multinational corporations or Transaction Services divisions
• Strong understanding of IFRS accounting standards and their application to complex transactions
• Advanced financial modeling and valuation skills
• Solid knowledge of corporate tax structures and business contracts
• Experience with project finance structuring and debt financing arrangements
• Expertise in structuring bankable non-recourse project financing
• Ability to coordinate technical legal and financial due diligence for bankability
• Familiarity with Near & Middle East markets and the soft mini perm-concept
• Fluent English required; Arabic or French is a plus

Additional Information :

Personal Attributes

• Strategic thinker with strong analytical and problem-solving capabilities
• Strong anticipatory skills to identify potential issues before they arise
• Excellent communication and presentation skills for diverse stakeholders
• Strong negotiation skills with ability to defend financial positions internally and with other stakeholders.
• Ability to advocate effectively for projects interests.
• Collaborative team player able to work effectively across functions and with external parties
• Autonomous self-starter capable of managing multiple projects simultaneously under tight deadlines
• Thrives in fast-paced evolving environments with competing deadlines
• Dynamic proactive personality with positive attitude and cultural sensitivity
• Detail-oriented with high degree of accuracy and financial rigor
• Proven ability to lead develop and mentor high-performing finance teams membersAbility to analyze complex frameworks and identify optimization opportunities
• Demonstrated resilience and ability to perform under pressure while maintaining quality standards
• Flexible and adaptable with willingness to work outside standard business hours when required
• Exceptional ability to simplify and communicate complex financial concepts to non-specialist stakeholders

As an inclusive company Veolia is committed to diversity and gives equal consideration to all applications without discrimination.

The preceding description is not designed to be a complete or exhaustive list of all duties and responsibilities that will be carried out by the selected candidate.

Veolia Middle East does not and shall not discriminate in any forms in its recruitment processes.

Remote Work :

No

Employment Type :

Full-time