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Business Development Director

ACWA Power, Finance & Accounting, United Arab Emirates

ACWA Power is a leading developer, investor, co-owner, and operator of a portfolio of power generation and desalinated water production plants currently present in 13 countries across the Middle East, Africa, and Southeast Asia. Our mission is to make available reliable electricity and desalinated water at the most competitive price. We are committed to sustainability, innovation, and excellence in all our projects. At ACWA Power, we value integrity, teamwork, diversity, and continuous learning.

As a Business Development Director at ACWA Power in the United Arab Emirates, you will be responsible for leading and implementing a fit-for-purpose business development strategy to enable growth of the company's asset portfolio while meeting its long-term strategic targets. You will contribute to formulating operational business plans for short, medium, and long terms for the Business Development function based on the Group's country strategy. Monitoring performance metrics will be essential to ensure deviations from targets are identified promptly.

You will recommend and manage budgets for Business Development activities ensuring financial performances align with expectations. Leading identification of Greenfield or Brownfield opportunities through market landscape reviews will be part of your responsibilities. Building strategic relationships with stakeholders like off-takers, contractors, competition partners is crucial for tapping into future opportunities. Additionally, conducting feasibility studies for economic viability assessment using preliminary economic models is key before submitting final tariffs along with financial models.

Ideal candidates should have a Bachelor’s degree in Accounting, Engineering, Finance or related field with a Master’s degree being preferable. A minimum of 15 years’ experience in Project Development with at least 6 years in management roles is required. Extensive knowledge of IPPs/IWPs/PPPs structures and risk transfer frameworks is essential alongside excellent business acumen skills. The successful candidate must possess high energy levels to work under pressure within tight deadlines while maintaining thorough attention to detail. Exceptional relationship building skills at senior levels are necessary as well as understanding technical aspects along with legal and project finance knowledge.

If you are a proactive high achiever looking to contribute significantly within an innovative environment while leveraging your extensive industry expertise then this role could be ideal for you at ACWA Power in UAE.

Apply now if you meet these qualifications!

Key Job Requirements:
  • Bachelor's degree in relevant field
  • Master's degree preferred
  • 15 years of experience in Project Development, with at least 6 years in a management role
Skills:
  • - Strong leadership and team management skills
  • - Excellent communication and negotiation abilities
  • - Ability to work under pressure and meet tight deadlines
  • - Thorough understanding of technical, legal, and project finance aspects

Seniority Level: Executive-Level

  • Director
  • Executive

Job Functions: Research & Development

  • Business Development
  • Project Management

Industries : Finance & Accounting

  • Energy
  • Renewable Energy

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