Project CEO

ACWA Power; Jeddah, Makkah Al Mukarramah; On-site; USD 100,000 - 200,000; Full time

Job summary

A leading company in the Power Plant sector is seeking a Project CEO with a strong background in engineering and management. The ideal candidate must have extensive experience, notable leadership skills, and a proven ability to develop and implement successful business strategies. This role is crucial for driving the company's vision and ensuring effective operations and stakeholder collaboration.

Qualifications

• 15+ years of management experience in Power Plant industries.
• Minimum 5 years of senior-level management experience preferred.
• Proven record of career success and developing sustainable business plans.

Responsibilities

• Direct and execute all activities of the association with oversight responsibilities.
• Ensure compliance with contracts and maintain relationships with stakeholders.
• Implement infrastructure and business plans with sound financial management.

Skills

Leadership

Communication

Strategic Planning

Financial Analysis

Government Relations

Education

B. Sc Degree in Mechanical, Chemical or Electrical Engineering

Degree in Business Management

Job description

Role: Project CEO – PV(Saudi Nationality only)

Location: Western Region of Jeddah

Reports to: Project Company Board

Function: Managing the Project Company

Responsibilities:

• Under the authority of the association’s by-law and the policies of the Board of Directors , the EMO has two major functions:
• Direct and execute all activities of the association either directly or through delegated authority;
• Provide leadership in these and other areas: the creation of strategic, tactical, and financial plans; developing goals and measuring performance to the approved goals; organizational development; liaison to the public, government, affiliated organizations, and other stakeholders; develop member services and member development; the development of the association’s staff.
• Ensures compliance to contracts including EPC, CTA, PPA, PWPA, O&M and others
• Maintains a healthy relationship with stakeholders including Offtaker and partners.
• Maintains a productive relationship with O&M contractor
• Sources ways and means to optimize operations, pre-empting and identifying challenges and opportunities to increase profit margin.
• Implements approved infrastructure and business plans; using project management methods, sound financial management, and develops metrics that detail success and sustainability of operations.
• Communicates with broad stakeholder constituencies including the Project Company Board, member project companies, government bodies, industry and the public.

Power and Authority:

• The EMO shall be in charge of all day-to-day matters of the company and shall take such actions within the powers granted as may be required to cause the company to carry on its business, including compliance by the company with its obligations under the PPA and other project agreements

• Provides leadership to the staff

• Ensures compliance with Health & Safety requirements and good utility practice

• Ensures compliance with the environmental impact mitigation plan

• Ensures adequate and timely reporting to the Board of Directors of relevant and pertinent matters

• Appoints any employee of the company, remove any employee for just cause, and determines any employee’s remuneration

Knowledge, abilities, skills, experience, and education

• The EMO, as a proactive senior leader, must possess the desire, insight, and vision to develop and implement Power Plant businesses. The EMO must use definable and transparent processes for the running a project company
• EMO shall use effective interpersonal skills to develop and agree on project company business plans with the project company’s board of directors. The EMO shall execute agreed-upon plans with operational teams and stakeholders. The EMO shall be personally accountable for variances from the business plan, excepting force majeure events.
• The EMO must have comprehensive knowledge of Power Plant, including intimate understanding of the system's regulation requirements and operating conditions, the state and federal regulatory environment, revenue and capital requirements and financial ability of the member companies.
• The EMO must understand Power Plant, to the extent necessary to initiate, direct, review and analyse various types of studies necessary for infrastructure development, system regulation, maintenance and operation, financial management.
• The EMO shall have the ability to translate, develop and establish goals compatible with general courses of direction set by the project company board of directors and lead successful execution of those plans. The EMO shall establish specific short and long-range targets that are achievable, realistic and sustainably profitable.
• The EMO shall have strong skills in the areas of management, written and oral communications, government relations, financial analysis, business law and strategic planning. The EMO shall be a highly effective communicator and public speaker. The EMO should shall have demonstrated capability of building and leading effective collaborative teams, earning and maintaining the support, loyalty and confidence of a broad range of constituents.

Education:

• B. Sc Degree in Mechanical, Chemical or Electrical Engineering and Degree in Business Management.
• Fifteen or more years of experience in management in the Power Plant industries, including at least five years as a senior-level manager experience is strongly preferred. The EMO must have a proven record of career success including the planning, development and successful implementation of sustainable and profitable business plans.
• Related experience covering management construction and operational activities.