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Asset Manager

Teracotta Outsourcing

Power Generation / UtilitiesContractOn-site
Abu Dhabi, UAE
12 Months
Negotiable
1 position
Posted Today

Job description

Terracotta is seeking an experienced Asset Manager to support a major gas-fired power generation project in Abu Dhabi. Acting as the owner/shareholder representative, the successful candidate will oversee commercial, financial, operational, and governance matters while supporting the transition from construction to operations.

Key Responsibilities

Represent the owner/shareholder and monitor overall asset performance.

Prepare monthly performance reports for senior management.

Review project progress against budgets, contractual obligations, milestones, and KPIs.

Monitor Power Purchase Agreements (PPAs), PWPA arrangements, and other project contracts.

Analyse financial models, cash flows, budgets, and asset performance.

Support the transition from construction and commissioning to operations.

Monitor project risks, contractual obligations, and mitigation plans.

Coordinate O&M mobilisation and operational readiness activities.

Collaborate with Project Delivery, Finance, Legal, HSE, technical teams, project partners, and contractors.

Provide analysis and recommendations to support management and shareholder decisions.

Key Requirements

Bachelor’s degree in Engineering, Finance, Economics, or a related discipline.

Minimum 8 years of relevant experience in utilities, power generation, energy infrastructure, or construction.

Strong asset management experience in the power or utilities sector.

IPP/IWPP project experience and knowledge of PPA/PWPA frameworks are highly preferred.

Strong commercial, contractual, financial analysis, and stakeholder management skills.

Ability to interpret financial models and assess cash flow, budgets, and financial performance.

Gas-fired or conventional power generation experience is strongly preferred.

Owner, developer, or shareholder-side experience is an advantage.

Excellent written and verbal English communication skills.

Availability to join within one month.

Skills

Must have

Power/utilities asset managementcommercial and contract managementfinancial model interpretationbudget and performance monitoring

Nice to have

owner/shareholder representationmonthly asset performance reportingPPA/PWPA arrangements

Preference

Role

Asset Manager

Employment type

Contract

Work mode

On-site

Industry

Power Generation / Utilities

Duration

12 Months

Notice period

Immediate

Education & experience

Qualification

Bachelor's degree

Experience

5+ years