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Commercial Finance Sr Specialist

EWEC, Energy and Utility, United Arab Emirates

EWEC, a leading energy company in the United Arab Emirates, is seeking a skilled and dynamic individual to join our team as a Commercial Finance Sr Specialist. At EWEC, we are dedicated to providing sustainable and innovative solutions within the energy and utility sector. Our work culture values integrity, collaboration, and continuous improvement.

The Commercial Finance Sr Specialist will play a crucial role in planning and executing power and water-related tariff activities while managing capacity and fuel price risks across the system. Key responsibilities include developing bespoke tariffs such as the Bulk Supply Tariff (BST) model, reviewing power and water invoices, forecasting revenues and costs for budgeting purposes, providing Price Control consultation to stakeholders, and facilitating discussions with customers and regulatory bodies.

In addition to specific responsibilities related to tariff calculations and approvals, the successful candidate will be expected to adhere to EWEC values, contribute to continuous improvement efforts within the organization, implement relevant policies consistently, and prepare accurate reports in a timely manner. The ideal candidate should possess a Bachelor's degree in finance or accounting (Master's degree preferred), professional finance certification (ACCA/CIMA or equivalent), at least 6-8 years of experience in commercial finance roles within diverse industries or multinational companies, solid budgeting/forecasting/reporting background, as well as expertise in handling large datasets.

If you meet these requirements and are looking for an exciting opportunity to make a significant impact within the energy sector while working alongside a collaborative team of professionals committed to sustainability and innovation, we encourage you to apply for the position of Commercial Finance Sr Specialist at EWEC. This role is ideal for mid-career professionals with extensive experience in commercial finance roles within diverse/multi-cultural business industries or multinational companies operating in the energy and utility sector.

Key Job Requirements:
  • Minimum of 6-8 years of extensive experience in a commercial finance or related role
  • Experience in diverse/multi-cultural business industry
  • Experience in energy and utility sector
  • Bachelor’s degree in finance, Accounting or related field
  • Master’s degree in finance, Accounting or equivalent preferred
  • Professional Finance certification (ACCA/CIMA or equivalent)
Key Job Responsibilities:
  • Responsible for planning and executing power and water related tariff activities
  • Calculating other detailed tariff requirements in line with commercial agreements
  • Review and reconciliation, and distribution of power and water invoices
  • Actively provide Price Control consultation to relevant stakeholders
Skills:
  • Budgeting skills
  • Forecasting skills
  • Reporting skills
  • Data modeling skills
  • Financial analysis skills

Seniority Level: Senior Level

  • Middle Management
  • Executive Level

Job Functions: Finance

  • Accounting
  • Commercial Finance

Industries : Energy and Utility

  • Finance
  • Accounting

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