Finance SME – Power & Utilities (Downstream)

Summary

The primary purpose of this role is to ensure that financial activities within the power and utilities sector, specifically in downstream operations, are accurately represented in financial data models and segment reporting. This role is critical for enhancing the financial visibility and decision-making capabilities within the organization.

Main Responsibilities:

This role involves core financial oversight and reporting within the power sector.

• Capture finance-related data for the power sector, including tariff structures and reporting practices.

• Define the recording, allocation, and transfer of costs and revenues related to power, steam, and utility consumption.

• Advise on the accounting implications of power purchase agreements and their reporting requirements.

• Validate the General Chart of Accounts (GCOA), asset dimensions, and outputs related to segmentation in power reporting.

Key Requirements:

• Experience in a senior finance role within a power generation, cogeneration, or utilities business.

• Proficient with tariff structures, Power Purchase Agreements (PPAs), and utilities cost-allocation models.

• Understanding of asset-based performance reporting methodologies.

Nice to Have:

• Experience with power assets that are integrated into refining or petrochemical operations.

• Familiarity with the Gulf Cooperation Council (GCC) power sector.

Other Details:

Seniority Level: Senior Manager Equivalent. Required Experience: 12+ years in finance and 6+ years in power/utilities. Phase Workstreams: Finance Data Model, Reporting & Segmentation Design.