Project Finance Director at Veolia Environnement SA

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

22 Jul, 26

Salary

0.0

Posted On

23 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Modeling, Valuation Analysis, Project Finance, M&A Transactions, IFRS Standards, Risk Management, Contract Negotiation, Debt Financing, Due Diligence, Strategic Planning, Investment Committee Reporting, Stakeholder Management, Corporate Tax, Financial Structuring, Team Leadership

Industry

Environmental Services

Description

Company Description For 170 years, Veolia has been a global leader in providing water, energy, and waste management solutions. Serving public authorities and industries across 58 countries, our comprehensive services are essential to human development and sustainable growth. As we progress alongside economic growth and human development, we continuously adapt and innovate, designing solutions that positively impact the environment and conserve resources. Veolia focuses on local solutions to purify and preserve vital resources, mitigate resource depletion, decarbonize lifestyles and production methods, and adapt to the impacts of climate change. Our mission is to build a better 21st century, and we proudly identify as #resourcers. Key figures of Veolia Near and Middle East Over 3,900 employees in the Middle East (in addition to the nearly 6,000 employees for Enova, which reports directly to Veolia Africa Middle-East for Facility Management and Energy Efficiency contracts in the region) A robust local network across the region, including the UAE, Oman, Qatar, Bahrain, Kuwait, Lebanon, Turkey, Jordan, and Saudi Arabia 40 years of sustainable partnerships In the Middle East, Veolia collaborates with industries, governments, communities, and commercial businesses to deliver innovative and sustainable solutions needed today, while maintaining a vision for tomorrow. Through public-private partnerships and innovative contractual schemes, Veolia is dedicated to achieving measurable results with pragmatic, sustainable environmental solutions. For more information, please visit our Website Context Veolia Near & Middle East HQ provides business support and expertise to its various local entities and ensures that the Veolia Group strategy, policies, processes, and tools are implemented appropriately and in a timely manner, as well as customized to our local needs. The role of the finance department is not limited to keeping the company’s accounts. Its influence goes far beyond and impacts all corporate functions. Job Description Main Accountabilities The Project Finance Director for Veolia Near & Middle East region is responsible for managing all financial aspects of development projects from inception through to operational handover, including acquisitions, greenfield and brownfield developments, M&A transactions, and asset rotation activities. The role serves as the key financial advisor to Business Development teams and reports directly to the Veolia Near & Middle East CFO, based in Dubai. Detailed Job Description Financial Modeling & Valuation: Develop comprehensive financial models for new projects and M&A opportunities Perform detailed valuation analysis and assess financial returns under IFRS standards (including IFRIC 12 and Asset Co/Op Co schemes) Challenge cost assumptions and build robust business plans for tender submissions Conduct impairment tests and support Long Term Plan growth projects Risk Analysis & Management: Analyze and quantify risks associated with projects including operational (construction and operation), credit default, currency, and interest rate risks Review contracts from a financial perspective and build comprehensive risk matrices Coordinate insurance matters for Veolia Middle East operations Manage bond requirements for projects Transaction Support & Structuring: Oversee M&A project management processes including due diligence, financial planning, scoping, closing, and integration Review and optimize financial and legal structuring of projects, including tax considerations Structure project financing solutions in collaboration with banks and financial institutions Support Commercial teams in preparation and optimization of financial offers during prequalification and tender processes Documentation & Governance: Review and co-draft finance-related provisions in contractual documentation (share purchase agreements, shareholders agreements, service agreements, financing documentation) with Legal teams Prepare investment memorandums and presentations for the Group's Investment Committee Ensure development projects comply with Group standards and criteria Ensure smooth contract start-up and transition to project CFO for awarded contracts Stakeholder Management: Interface with HQ expertise departments / Matrix management (Investment Control, M&A, Corporate Development, Accounting Standards, Tax, Insurance) Liaise with external advisors, financial advisors, auditors, and banking institutions Participate in financial negotiations with external parties Coordinate research and analysis activities to assess strategic impact of opportunities Qualifications Bachelor's degree in Finance, Accounting, Business Administration or related field; MBA or professional qualification (CFA, ACCA, CPA) preferred Minimum 10 years of progressive experience in corporate and project finance, ideally gained in investment banking, multinational corporations, or Transaction Services divisions Strong understanding of IFRS accounting standards and their application to complex transactions Advanced financial modeling and valuation skills Solid knowledge of corporate tax structures and business contracts Experience with project finance structuring and debt financing arrangements Expertise in structuring bankable non-recourse project financing Ability to coordinate technical, legal, and financial due diligence for bankability Familiarity with Near & Middle East markets and the soft mini perm-concept Fluent English required; Arabic or French is a plus Additional Information Personal Attributes Strategic thinker with strong analytical and problem-solving capabilities Strong anticipatory skills to identify potential issues before they arise Excellent communication and presentation skills for diverse stakeholders Strong negotiation skills with ability to defend financial positions internally and with other stakeholders. Ability to advocate effectively for projects interests. Collaborative team player able to work effectively across functions and with external parties Autonomous self-starter capable of managing multiple projects simultaneously under tight deadlines Thrives in fast-paced, evolving environments with competing deadlines Dynamic, proactive personality with positive attitude and cultural sensitivity Detail-oriented with high degree of accuracy and financial rigor Proven ability to lead, develop, and mentor high-performing finance teams membersAbility to analyze complex frameworks and identify optimization opportunities Demonstrated resilience and ability to perform under pressure while maintaining quality standards Flexible and adaptable with willingness to work outside standard business hours when required Exceptional ability to simplify and communicate complex financial concepts to non-specialist stakeholders As an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination. The preceding description is not designed to be a complete or exhaustive list of all duties and responsibilities that will be carried out by the selected candidate. Veolia Middle East does not and shall not discriminate in any forms in its recruitment processes. Contract type: Standard

Responsibilities

The Project Finance Director manages all financial aspects of development projects, including M&A, greenfield developments, and asset rotation. They serve as the primary financial advisor to Business Development teams and ensure compliance with Group standards and IFRS reporting.