Advisor, Treasury & Risk Management

Job description / Role

JOB PURPOSE :

Provide strategic advice and support to the Group Treasurer on key Financing related activities across the ADNOC Group, in order to enable the Treasury function to deliver its strategic objectives.

KEY ACCOUNTABILITIES

Job Specific Accountabilities

Strategic Advice
- Provide strategic advice to the Group Treasurer, to drive sustainable and resilient financial performance and support Treasury's strategic objectives.
- Advise the Treasury leadership team on initiatives focused at enhancing the overall efficiency through innovative structured financing solutions and accessing private and capital markets.
- Advise and assist the Treasury leadership team to drive effective group financial governance, compliance and control without hampering agility
- Provide an evaluation of the exposure levels of ADNOC and Group Company created by interest rate fluctuations, and advice on the cost-effective hedging strategies.
- Advise on the development of an arm's length transfer pricing mechanism when lending into Group entities

Represent ADNOC on financing committees and provide advice on achieving optimum leverage while safeguarding ADNOC's interests

Networking
- Build and maintain an extensive internal and external network with relevant partners and stakeholders, as directed by Group Treasurer, to ensure the organisation is optimally placed and a to realise a sustainable and accessible network that optimally contributes to the realisation of ADNOC financial objectives and interests.

Investment Management
- Advise the Group Treasurer in developing an overarching funding plan to support the M&A pipeline aimed at maximizing shareholder value.

Governance & Assurance
- Provide input into the development of ADNOC Financing policies, procedures and systems.
- Provide advise on the KYC requirements linked to financing with special focus on FATCA and other regulatory requirements
- Provide guidance on the impact of ESG Policies adopted by financial institutions on ADNOC's treasury and funding operations

Capital Structure Advisory & Financing
- Provide input into the development of the ADNOC Debt Policy, financing strategy, debt plan and financing requirements for ADNOC Group.
- Provide a view of capital structure and financing costs across the whole ADNOC Group, to enable active asset and liability management.
- Provide a recommendation to financing opportunities and options available to ADNOC in local and international financial markets and identify any concessionary financing programs from which ADNOC and/or Group could benefit.
- Continuously assess the Debt Capital Markets and advise Management on the optimal timing for debt issuance, taking into consideration the financing requirements and market conditions
- Study structuring of loans to ADNOC Group Companies, alternative options for re-financing and debt restructuring opportunities regarding ADNOC and Group Company liabilities.
- Advise on the development of an arm's length transfer pricing mechanism when lending into Group entities
- Lead structured financing workstreams to achieve optimal financing terms while maintaining the alignment of key stakeholders
- Provide comparative macro-economic analysis of major world economies or peer analysis to evaluate future trends in interest rates and foreign exchange and recommend the best debt structure for ADNOC and ADNOC group that suit the corporate liabilities and strategies.
- Provide advisory services to SVP on capital structuring and financing related matters.

Performance Management
- Contribute to the achievement of the approved performance objectives for Treasury, in line with the ADNOC's performance management framework.

Generic Accountabilities

Business Strategy
- Participate and contribute to the development and refinement of the vision and long-term strategy for Treasury, and contribute to the overall process of corporate governance, management and corporate decision making to ensure the organisation maximises returns to its shareholders.
- Develop and implement the Function's Business Strategy, ensuring that overall business goals are fully supported by the Function.
- Ensure the Function's long and short-term plans are effectively converted into the acceptable performance objectives in line with established service levels.

Leadership
- Provide effective and visible leadership and integrated strategic direction to the Function in the areas of Corporate Governance, Operations, People, Values and HSE and Integrity in order to deliver the Function's strategic objectives.

Budgets & Operational Plans
- Guide the development and monitoring of the Function's business plans and optimal annual budget, in line with the Company's objectives and work programs to support alignment and arbitration while ensuring quality and reality checks are in place.
- Control expenditure against the approved Functional budget on a regular basis, investigate, and reconcile any significant variances to ensure effective performance and cost control.

Performance Management
- Agree with the senior management on the Annual Performance Management Contract in line with the Company's long term plans to reinforce an organisation-wide drive for performance.
- Ensure proper cascading and implementation of the Function's Performance objectives into the Departments/Sections and implement monitoring mechanisms to assess progress and promote a performance driven culture.

Organisation Structure and People Development
- Recommend and establish appropriate organisation structure for the Function to fully utilise human capital while proactively incorporating sustainability into on-going work practices to meet business objectives.
- Lead the development of knowledge, competencies and innovative spirit in the Function to continuously develop employees with emphasis on UAE Nationals to meet Emiratisation targets and support the establishment of Development Plans, Succession Planning and Talent pipeline.

Innovation and Continuous Improvement
- Translate conceptual ideas into focused projects and initiatives that bring about efficiencies and change in Group F&I.
- Promote the development of a corporate culture within Group Treasury that encourages innovation, enhances employee motivation and supports initiatives for the implementation of Change Management to continuously improve Function's operations and services.

Policies, Processes and Procedures
- Guide and ensure the development and implementation of appropriate Functional policies, processes, systems, standards, procedures and internal controls to support the execution of the Company's work programmes, in line with ADNOC Corporate, UAE Local & Federal laws and international standards.

Health, Safety, Environment (HSE) and Sustainability
- Contribute to the development of Company's HSE policies and culture while overseeing compliance with all relevant HSE, sustainability and environmental policies, processes, procedures and controls across the Unit.

Financial Risk Management
- Participate and proactively contribute towards identifying key financial risks specific to ADNOC, including but not limited to interest risks, credit risks, foreign exchange risks, commodity risks and potential mitigants for managing such risks.

Management Reports
- Ensure that all Functional progress reports are prepared to provide accurate and timely corporate reports and necessary information to Company Management, and SPC representatives to effectively manage the business.

COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal
- Group Treasurer, Group CFO, and F&I functional leadership within the F&I Directorate.
- Business Line Directorates
- Support Directorates

External
- Banks and Financial Institutions
- Third party consultants
- Relevant governmental organisations
- Other organisations in the oil & gas industry

Minimum Qualification
- Bachelor's Degree in accounting, finance, business administration.
- Master's degree preferred.

Minimum Experience & Knowledge & Skills
- 25 years of experience Finance & Investment functions, including at least 12 years of senior treasury management experience


Professional Certifications
- CFA / ACCA / CPA / MBA (with specialisation in Finance & Investments) preferred

TECHNICAL COMPETENCIES:
- As per the approved competency Dictionary

Behavioural Competencies:
- As per the approved competency Dictionary

WorK Condition:

Physical Effort

Work Environment
- Minimal
- Normal office environment

About the Company

We are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification.

We operate across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products.

Since 1971, we have created thousands of jobs, driven the growth of a diverse knowledge-based economy, and played a key role in Abu Dhabi’s global emergence.

Today, we continue to look for new and innovative ways to maximize the value of our resources, pioneering those approaches and technologies that will ensure we are able to meet the demands of an ever-changing energy market, and continue to have a positive impact on the Abu Dhabi economy for generations to come.