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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh

About the Role

ACWA is seeking a highly experienced and strategic Deputy Chief Executive Officer (Deputy CEO) to join our team in Riyadh, Saudi Arabia. This pivotal role will support the Chief Executive Officer (CEO) in leading the project company's operations, people, and processes. The Deputy CEO will play a crucial part in ensuring all contractual, regulatory, and reporting obligations are met, while also overseeing and monitoring operations managed by the O&M contractor to ensure the profitable, sustainable, and safe operation of the plant. This position requires a strong leader with a proven track record in the power plant industry, capable of driving business objectives, managing complex stakeholder relationships, and fostering a high-performing organizational culture. The Deputy CEO will act as a key liaison with various internal and external parties, contributing significantly to the company's strategic planning and risk management initiatives.

Key Responsibilities

  • Assist the CEO in achieving compliance with commercial contracts, including the Power Purchase Agreement (PWPA) and O&M Agreement.
  • Support and represent the project company, where appropriate, in discussions with regulatory bodies and government agencies.
  • Lead the company's Enterprise Risk Management process, ensuring risks are quantified and effective mitigation strategies are maintained.
  • Collaborate with the CEO, CFO, and CTO to develop the company's short and long-term business plans, incorporating input from the O&M Contractor and shareholders.
  • Serve as the primary contact for issues related to the company's insurance policies and maintain relationships with insurers and brokers.
  • Provide technical oversight for the development of valid invoices to the Offtaker.
  • Lead people-related matters, including developing and measuring performance against approved goals, staff retention, and organizational development.
  • Act as the main liaison with the public, government, affiliated organizations, and other stakeholders.
  • Provide comprehensive support in the development of organizational targets for the CEO and act as CEO in their absence with assigned authority.
  • Ensure compliance with local regulations, grid connection conditions, environmental standards, and other relevant requirements.
  • Work with the CEO to maintain and develop effective relationships with key stakeholders, including the Offtaker, government agencies, the project company's Board of Directors, and Shareholders.
  • Assist in the early detection of enterprise risks that could negatively impact the financial health and reputation of the project company.
  • Contribute to the development of annual goals and objectives, ensuring company and overall management procedures align with established Board policy and keeping the Board informed of any existing or impending policy issues.
  • Actively participate in achieving high standards of Health, Safety, and Environmental (HSSE) management, including leading HSSE forums and initiatives, and setting a strong example of leadership and concern for HSSE.
  • Monitor the performance of the O&M contractor and ensure compliance with its contract terms.
  • Maintain a productive relationship with the O&M contractor.
  • Work with the CEO to create and maintain an organizational environment that promotes positive staff morale and performance.
  • Motivate and maintain a competent, well-trained, flexible, and responsive staff capable of meeting current and future needs.
  • Maintain a fully staffed company by preparing and implementing a staff recruitment plan post-board approval.
  • Assist in developing and maintaining an annual Board-approved plan for management development and succession.
  • Establish and maintain relationships with relevant segments of local community leadership, industry, and the business community.
  • Supervise administrative and human resources activities.
  • Prepare and implement a training plan to achieve maximum possible Nationalization, coordinating with technical colleges in this regard.
  • Hire, train, motivate, direct, coach, develop, evaluate, and retain high performers at the Project Company, managing effective talent review and succession planning programs to ensure sustainable operations.
  • Adhere to regulatory nationalization requirements.
  • Support the implementation of approved policies, processes, and procedures, ensuring employee adherence to maintain required work standards.
  • Contribute to and participate in the identification and implementation of change initiatives, programs, and projects in line with the organization's standards.

Qualifications and Requirements

  • A Bachelor of Science (*** degree in Mechanical, Chemical, or Electrical Engineering.
  • A Degree in Business Management.
  • A minimum of 10+ years of experience in management within the Power Plant industries.
  • At least 3 years of experience in a senior-level management position is strongly preferred.
  • Related experience covering the management of operational activities.

Required Skills

  • Leadership
  • Risk Management
  • Business Planning
  • Insurance Management
  • Technical Oversight
  • Performance Management
  • Organizational Development
  • Stakeholder Management
  • Health, Safety, and Environment (HSSE)
  • Contract Management
  • Talent Management
  • Nationalization Initiatives
  • Change Management

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. The role involves working within ACWA, a company focused on the power plant industry.

Requirements

  • Requires +10 Years experience

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