Job PurposeADNOC has announced ambitious plans to build a new Low Carbon Solutions business allocating $15 billion for landmark decarbonization projects by 2030 including carbon capture, electrification, new CO2 absorption technology and enhanced investments in hydrogen and renewables. The purpose of this job is to prepare Business Cases, conduct financial analysis and evaluate these projects in order to support profitable delivery of this goal.Key AccountabilitiesKey Accountabilities

• Carry out economic and financial evaluation of investment proposals for Low Carbon investment opportunities including developing and building economic and financial models from scratch.
• Review and document key input parameters for investment projects.
• Advise on key investment criteria including appropriate discount rates.
• Prepare investment proposals on low carbon projects.
• Develop investment processes and guidelines consistent with ADNOC group guidelines and appropriate for Low Carbon Businesses.
• Participate in risks assessment workshops for major investment projects.
• Review investment proposals and economic evaluation of investments proposed by joint venture affiliates including Masdar in which ADNOC is a 24% shareholder.
• Maintain updated life cycle economics on projects post investment to track value delivery vs promise.
• Conduct impairment assessments as required.
• Support negotiations on individual projects with economic. Financial and commercial insights.

General AccountabilitiesKey Accountabilities

• Assist prioritization of business development opportunities to ensure the right projects progress based on value criteria.
• Apply best in class tools and techniques.
• Participate in the regular project meetings, provide an overview on progress, risk trajectory, etc. and addressing specific questions for the projects.
• Assist project teams in preparation for Business Line and Investment Committee reviews of investment proposals.
• Train and develop new staff.
• Contribute to the achievement of approved Performance Objectives for the Low Carbon business.
• Stay aware of new techniques and technology relevant to economic evaluation including AI.
• Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards and best practice.

Internal Communications & Working Relationships

• Regular contact up to and including CFO and other team members.
• Contacts with commercial leads of growth projects up to SVP levels
• Regular contacts with other directorates
• Regular contact with consultants/suppliers on matters related to acquisition services.
• Participation as required in negotiations with partners and other counterparties.

Minimum Qualification

• Bachelors or higher degree in Economics, Finance and/or Business Administration

Minimum Experience, Knowledge & Skills

• 10+ years experience working in economic evaluation projects including evaluation of low carbon businesses.

Work Condition, Physical effort & Work EnvironmentPhysical Effort

• Minimal - regular walking, standing and keyboard use, as required

Work Environment

• Mostly air conditioned environment. Exposed to prevailing environmental conditions during site visit; may be required to use protective safety clothing or gear while visiting plants

ADNOC