Objective
To contribute to the operations and execution processes by developing financial models and benchmarking components of the model against industry best practices, to ensure O&M bids are delivered in an efficient and timely manner, and ensuring these models are aligned with ACWA Operations and Field Services value proposition. These models are to be used to record, track, and
report on contract health in outage execution phase.
Financial modelling and Costing
- Develop basic financing models for planned and unplanned outages, based on
- contractual allowances and benchmarked against prior outages
- Review and analyse the assumptions made, and ensure they are incorporated in the
- financial models and evaluate planned vs budget of prior outages to ensure optimised
- cost planning and execution.
- Review contractual provisions for Operations and Maintenance, Payment terms, Liability
- Cap clause and related Tariff Schedules, to ensure the terms and conditions are favourable
- towards ACWA Operations.
- Prepare and present daily and final cost analysis reports and forecasts to budget owners.
Benchmarking
- Collate information and data about the outage performance, (financial), analyse the data
- for good practices and develop internal benchmarks to ensure the other plants can
- leverage this information and benefit from it.
Reporting
- Conduct presentations with the management team and business units, providing updates
- on the analysis conducted, and high - level recommendations/ hypothesis, in order to
- support decision making.
- Evaluate outage running costs and provide feedback and recommendations to budget
- owners and outage managers should cost overrun seem possible.
