Job Description

Organization Asset Management

Preferred Age


Preferred Gender Either

Minimum Experience 12 years of experience in similar roles in large and preferably multi-national companies, of which at least 4 years are in positions of progressively increasing managerial responsibilities. years


Qualifications A bachelor's degree in engineering, from a reputable university with a preference for the candidates holding an MBA or any professional certificates; ACCA, CFA etc.

Responsibilities Leverage strategic asset management practices to optimize lifecycle efficiency, reliability, predictability, and return on investment for QEWC's Qatar-based power and water assets, ensuring effective alignment with broader business objectives and adherence to sustainability standards.



Qatar Assets Management

Assure sustained excellence in risk management, operations, environmental health, and safety (EH&S), commercial, and financial performance for all assigned assets.

Provide governance and support to the local asset portfolio to assure compliance with all applicable laws, regulations, contractual obligations, and QEWC policies and procedures.

Execute QEWC Asset Management tactics and strategies to optimize the operational, commercial, and financial performance of the asset portfolio in accordance with QEWC's overarching strategic priorities and operational business plans.

Support the deployment and use of innovative processes and technologies to enhance the efficiency and effectiveness of asset performance.

Assist in maintaining a comprehensive asset register incorporating relevant asset information.


Ensure high standards f confidentiality to safeguard commercially sensitive information.

Manage the lifecycle optimization activities of the local asset portfolio, across the development, operations, life extension, and decommissioning phases, focusing on maximizing value and sustainability.

Monitor and report on KPIs and other metrics to evaluate asset performance and assist in identifying and addressing deficiencies.

Conduct root cause analyses for underperforming assets, develop and implement recommendations to improve performance, in alignment with the Asset Management department strategic guidance.

Support the formulation and implementation of strategies for enhancing the value and financial returns of local assets, ensuring alignment with the broader organizational goals.

Maintain and foster relationships with key local stakeholders, regulators, and industry leaders under the department guidance, to support business opportunities and ensure regulatory compliance.

Analytical Ability:

Ability to give personal insight on detailed problems and offer process improvements.

Ability to understand complex uncertain problems and ideas, and offer operational advice.


Ability to correlate different variables (availability, reliability, degradation, soiling) and produce cogent analysis, disseminates and share reports as per process & stakeholder needs, link issues and project manage Asset management solutions

Monitoring & Controlling:

Manage all aspects of monitoring, linking, coordinating and control processes and implement corrective actions to secure maximum business contribution.


Strategic Contribution

Ensure effective cascading of the divisional strategy into asset business plans to ensure vertical alignment and horizontal integration with other interfacing strategies.

Budgeting and Financial Planning


Support and contribute to all aspects of planning, budgeting, reporting and controlling, including taking corrective cost actions for significant projects.

Be involved in the yearly budget preparation for Asset Management department and also each local asset.


Financial performance indicators versus budget should be monitored through the year to understand and pinpoint the variances


Policies, Systems, Processes & Procedures

Support the development of required department policies, systems, processes, procedures and controls covering all areas of assigned functional area, so that all relevant business requirements are fulfilled while delivering a quality, cost-effective service in a consistent manner.

Continuous Improvement

Advise management of any potential continuous improvement opportunities for department systems, processes and practices considering global standards and changes in the business environment which demand proactive action plans.

Reporting

Ensure that all department reports are prepared timely and accurately and meet QEWC requirements, policies and quality standards.





COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal

Chief Asset Management Officer


Manager - Asset Management Qatar


Other QEWC functions including O&M, HSE, Finance, Business Support and Internal Audit

Relevant Committees

External

Asset Organizations

Regulatory Bodies & Government

International Stakeholders

Clients



Context, Work environment & DECISION-MAKING AUTHORITY:


Key decisions significantly impacting the Asset Management department are referred to the Chief Asset Management Officer for approval before implementation.


The job holder possesses delegated authority as determined by the company's Board of Directors and outlined in the corporate authority matrix, enabling effective and compliant management