Senior Financial Expert

Company Description

Assystem is an international company with one mission: accelerate the energy transition around the world.
Every day, our 6,500 switchers located in 12 countries (Europe, Middle East, Pacific Asia & Africa) connect their six thousand billion neurons to tackle the task of the century: switching to low-carbon energy.
We are a collective committed to the actors who are making the energy switch. Sharing our knowledge, expertise and values allows us to innovate and think differently about the energy transition.
Drawing on more than 55 years' experience in highly regulated sectors subject to strict security and safety requirements, we provide our customers with engineering and project management services, as well as digital services and solutions to optimize the performance of complex infrastructure projects throughout their life cycle. The Group is currently ranked second in the world for nuclear engineering.
To ensure a viable, efficient, and reliable energy future for all.

Job Description

The purpose of this job is to structure funding packages to enable financing of the Saudi Nuclear Power Project (NPP), This includes supporting DNEC:

(a) Commercial aspects of the Nuclear Project.
(b) Support and securing Export Credit Agency (ECA) and debt financing for the project.
(c) Participate in other financial agreements related to the project such as’ equity subscription agreement, shareholder agreement, Debt Financing agreement, and Power purchase agreement (PPA).
In addition, the expert will review financing options, economic evaluation, cost optimization and financial model.
The expert will provide all assistance required regarding the project with stakeholders such as’ Ministry of Finance, and key National Gov Funds.

Technical Duties: 

• Support the development of the NPP funding strategy and financing mechanism/model. 
• Review Power Purchase Agreement and provide insight on the structure of the agreement.
• Conduct research on technical, operational, and economic factors in order to identify impact on the success of investment and present findings to relevant stakeholders.
• Evaluating the financial risks associated with NPP.
• Evaluate the funding structure for the nuclear project and provide feedback about the optimal structure.
• Conduct scenario and sensitivity analysis with the intent to support investment activities and decision.
• Develop the business model for the NPP.
• Compose variable deal structures to propose several options to different potential investors and achieve better outcomes such as Joint Ventures and SPV’s.
• Support the negotiations with investors and stakeholders and ensure DNEC interest been met.
• Support development of financing approach and relevant project agreements.
• structure possible deals and funding packages to enable the financing of the Saudi Nuclear Power Project.
• Participate in securing Export Credit Agency (ECA) and debt financing for the project.
• Participate in other financial agreements related to the project such as’ equity subscription agreement, shareholder agreement, Debt Financing agreement, and Power purchase agreement (PPA). 
• Provide all assistance required regarding the project with stakeholders such as’ Ministry of Finance, and key National Gov Funds.

Key Interactions: 

Internal: All Functions.

External: Government authorities, Lenders and Investors.

Qualifications

▪ Bachelor’s degree in finance, Economics, Accounting, Business Administration, or any related field.
Preferred: Master Degree of Business Administration (MBA) / Finance.

Experience: 

▪ 14 years of experience in financing/ Investment related to Energy projects.

Preferred:

▪ Experience working in investment banking/ financial institution/Project finance/consultancy.
▪ JVs partnership knowledge.
▪ Experience in funding nuclear power plant projects.

Certifications:

CFA is a plus.

Additional Information

We are committed to equal treatment of candidates and promote, as well as foster all forms of diversity within our company. We believe that bringing together people with different backgrounds and perspectives is essential for creating innovative and impactful solutions. Skills, talent, and our people’s ability to dare are the only things that matter !. Bring your unique contributions and help us shape the future.