JOB PURPOSE:
Oversee the investment & corporate solutions department in Mobility sector and take responsibility for M&A projects from due diligence to deal finalization, in line with corporate M&A strategy, in order to successfully finalize M&A projects in line with agreed upon objectives and to ultimately support management decision making regarding mergers and acquisitions.
KEY ACCOUNTABILITIES:
Job Specific Accountabilities
Acquisition / Divestiture, Negotiation, Structuring:
- Support Line manager in screening and identifying new M&A opportunities helping the company unlock new business value across dimensions such as market entry, capability acquisition & building, new business opportunity, user base expansion, strategic investments etc.
- Manage the day-to-day investment process within Mobility division, from origination to conclusion and integration (until investment will be under Asset Management) and including valuation, structuring, form of consideration, risks, due diligence and business case assessment
- Support Line manager and senior management with their communication including (but not limited to) di-/ investment proposals and investment recommendations
- Screen, analyse and develop a strong business case for each acquisition, including quantitative support for annual operating plan and investment activities.
- Support Line Manager in presenting proposals and investment/divestment recommendations to key ADNOC Distribution stakeholders
- Manage alignment meetings with peers across different divisions
Due Diligence Process
- Connect with relevant stakeholders to ensure successful due diligence effort
- Source external resources and advisors, as appropriate, to ensure smooth and timely implementation of due diligence and execution of the transaction
- Oversee the sourcing of relevant information on target companies, in line with the corporate M&A strategy and guidelines, in order to have complete and correct information on potential M&A targets to start the analysis.
- Attend meetings between ADNOC and potential target company in order to exchange relevant information.
- Gather information about key indicators of M&A potential within target companies e.g. growth, competitors, market share, financial statements, organisational structure, etc.
- Review and analyse sourced data, in line with M&A process guidelines, to extract correct information and thus support the management's decision-making process.
- Perform various complex analyses.
- Attend meetings with relevant representatives of target company to address issues at hand or clarify information.
Reporting and documentation
- Be responsible for M&A reporting to ADNOC Distribution management ensuring that reports contain all relevant and correct information for the respective target audience.
- Lead and guide the preparation of all relevant materials for meetings and presentations, in line with the agreed-upon content to ensure that the information shared is relevant, correct, and timely available.
Project Management
- Define and lead M&A projects, in line with corporate M&A strategy and project management best practices, in order to ensure the realization of M&A projects on time, within budget and according to agreed objectives.
- Organise meetings with all relevant stakeholders.
- Define project management methodology.
- Ensure that deadlines are being met by all stakeholders involved.
- Coordinate with external consultants.
- Report on project status to management.
Generic Accountabilities Operational Plans
- Develop consistent and realistic long- and short-term operational plans for the Department in line with the Division objectives and manage the implementation of the approved long- and short-term plans and ensure they are effectively converted into its performance objectives to realise the Division Objectives and established service levels.
Budgets and Cost Control
- Develop and manage the Department annual budget in line with the Division's business objectives and operational plans ensuring that adequate funding provision is made for all Department activities.
- Monitor expenditure against approved Department budget on a regular basis; investigate, highlight, and reconcile any significant variances to ensure effective performance and cost control.
Policies, Systems, Processes & Procedures
- Develop and implement appropriate Department policies, processes, systems, standards, procedures and internal controls, Company guidelines in order to support execution of the Division's work programs in line with Company and International standards.
Performance Management
- Contribute to the development of the Division's KPI's and ensure proper cascade of the Performance objectives within the Department and establish monitoring mechanisms to ensure delivery of these objectives and promote a performance driven culture.
- Manage the implementation of the Company Performance Management System for individuals within the Department in accordance with Company approved guidelines.
People Development
- Develop knowledge, competencies and innovative spirit in the Department and support the establishment of Personal Development Plans (PDP's), Succession Planning and Talent pipeline within the Department in coordination with the Human Capital to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets.
- Mentoring and coaching junior team members and colleagues in other part of the business.
Organisation Structure and Development
- Review, develop and recommend the appropriate organisation structure for the Department that will best utilise human capital while proactively incorporating sustainability into the on-going work practices to meet the business objectives.
Risk Management
- Contribute and support establishment of a Corporate Integrated Risk Management System within the Department, while identifying and assessing relevant domain risks and implement measures to manage and mitigate all identified risks within the Department.
- Communicate corporate business ethics and Company's Code of Conduct to employees within the Department and ensure compliance to the Corporate Policies and guidelines.
Innovation and Continuous Improvement
- Promote an organisation culture that encourages innovation, enhances employee motivation and supports initiatives for implementation of Change Management to continuously improve the Department operations and services.
- Recommend improvements in internal processes against best practices in pursuit of greater efficiency in line with best Industry standards in order to define intelligent solutions for issues confronting the Department.
Health, Safety, Environment (HSE) and Sustainability
- Support the institution and implementation of an HSE culture and ensure compliance with relevant HSE policies, procedures, systems & controls and applicable legislation and sustainability guidelines across the Department in line with international standards, best practices and ADNOC Code of Practices.
- Ensure adequate HSE training and induction for all Department employees to meet HSE standards.
Management Reports
- Ensure that all Department MIS and progress reports are prepared to provide accurate and timely reports and necessary information to Company Management to effectively manage the business.
COMMUNICATIONS & WORKING RELATIONSHIPS:
Internal
- Peers in Investments & Corporate Solutions Management team
- Line Manager
- ELT members
- EMT
External
- Relevant representatives of target companies
- External consultants
- ADNOC HQ
- Government Authorities
- Target companies and boards
QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:
Minimum Qualification
- Bachelors/ Master's Degree in Economics, Engineering, Law or Equivalent or any other relevant discipline Minimum Experience & Knowledge & Skills
- 12 years of relevant experience
- Exceptional knowledge of financial modelling, deal structuring and valuation techniques
- Strong analytical and numerical skills
- Excellent communication skills, both verbal and written
- Strategic thinking
- Effective team leadership skills
- Knowledge of Downstream fuel distribution business and Oil and Gas Industry
