Chief Financial Officer DAWEC
Posting date : 19/03/2025
Requisition ID : 42718
Chief Financial Officer DAWEC
ENGIE is a global leader in low-carbon energy and services. With 170,000 employees, customers, partners, and stakeholders worldwide, we are committed to accelerating the transition to a carbon-neutral future. Guided by our purpose, “raison d’être,” we combine economic performance with a positive impact on people and the planet. By leveraging our expertise in gas, renewable energy, and services, we provide competitive, environmentally friendly solutions to our customers.
DAWEC is a joint-venture company (ENGIE and Nareva) carrying the project of a desalination plant with a capacity of 112 m3 / day of desalinated water, coupled with a 72 MW wind farm, located in the Dakhla region (Bir Anzarane). 37 million m3 of water per year will be mainly used for agriculture (80%) and the rest for potable water for Dakhla.
Why Join ENGIE?
Are you looking for a meaningful career where you can make a real difference? At ENGIE, we offer:
A Clear Mission: Join an international group dedicated to achieving carbon neutrality through innovative and sustainable solutions.
Professional Growth: Access diverse training programs, career advancement opportunities, and mentorship from passionate leaders.
Work-Life Balance: Enjoy flexible working arrangements, hybrid options, and a supportive, inclusive work environment.
Dynamic Culture: Collaborate in a multicultural setting where every individual is valued, and creativity is encouraged.
Comprehensive Benefits: Receive a competitive package designed to recognize and reward your contributions.
What ENGIE North Africa Offers:
A chance to work on impactful projects in a global organization.
Career management plans tailored to your aspirations.
A collaborative and inclusive workplace, designed to inspire productivity and comfort.
Opportunities to innovate and make a tangible impact on the energy transition.
Take the First Step Toward a Rewarding Career!
Join us in shaping a sustainable future. Apply now to become part of ENGIE’s mission to reconcile economic success with environmental responsibility.
Job Purpose & Reporting
The CFO of DAWEC will be responsible for overseeing the DAWEC’s financial strategy, planning, and reporting while ensuring compliance with ENGIE group requirements. Key duties include managing treasury, cash flow, and financial covenants, preparing budgets and financial reports, and maintaining compliance with IFRS standards and tax regulations.
The CFO of DAWEC will report directly to the Board of Directors of the Project Company and will also be responsible for fulfilling ENGIE group reporting requirements to the relevant functions within the group, with a matrixed reporting line to the Managing Director of Flexible Generation and to the CFO of Northern Africa.
Responsibilities:
Define and implement the Company’s accounting procedures in coordination with the Chief Executive Officer;
Ensure proper bookkeeping and the regular presentation of financial statements to the Board of Directors;
Prepare the Annual Budget and Business Plan for approval by the Board of Directors;
Oversee risk management activities, including the management of insurance policies;
Develop the Company’s management procedures, including procurement and cash management procedures, and ensure their implementation and compliance;
Open and manage all current accounts in banks on behalf of the Company, and issue checks and other payment instruments for the operation of these accounts;
Issue the Company’s invoices and manage collections;
Collect all amounts due to the Company, settle all payments owed by the Company in line with the Annual Budget approved by the Board of Directors, and for this purpose, negotiate, endorse, subscribe, and settle all commercial instruments;
Submit applications for tax relief or refunds, pay all taxes and duties, and undertake all necessary steps with relevant courts, tribunals, administrations, and institutions;
Provide all required guarantees, sureties, and collateral in accordance with Project Documents or Financing Documents;
Manage relationships with Lenders (including drawdown notifications, financial reporting, etc.);
Implement foreign exchange and interest rate hedging policies, as well as cash pooling policies, as defined in the Financing Documents and approved by the Board of Directors;
Oversee human resources management within the Company, including personnel administration, training, and internal communication, with the understanding that the employee evaluation policy shall be determined by mutual agreement between the Chief Executive Officer, the CFO, and the Construction Director;
Introduce and implement appropriate IT systems;
Manage and oversee all accounting matters related to the audit of the Company’s financial statements and liaise with the statutory auditors.
Profile:
Experience:
10‐15 years of project and site experience in utility-scale power generation projects.
Experience with PPA kind of arrangements and an SPV partnership
10 years experience in finance/accounting and 5 years in a management position with solid bases in project finance, accountancy, internal control, management, and good notions of company and tax laws
With a minimum of 3 years in a senior position within the power/energy sector 3rd parties relationship / contractual management/ finance management
Proven experience in IPP projects (developing, building, or operating an energy facility) and knowledge of Power Purchase Agreement frameworks.
Experience in complex negotiation.
Experience in the negotiation of construction contracts
Experience in Africa would be advantageous.
Knowledge and Skills:
Knowledge of local financial, tax, banking, and legal matters is a plus.
Good knowledge of wind power plants, desalination technology ( reverse osmosis ), and associated technical and contractual understanding.
Strongly autonomous, possesses leadership and influential qualities.
Highly analytical and capable of leading complex procurement projects.
Project Management experience, PMI or equivalent.
Outstanding people leadership/management/ communication skills.
Languages:
Fluent in French and English. Arabic is a plus
Location/Travel:
Casablanca
Regular travel locally in Dakhla and occasionally
We thank all applicants for their interest, but only those selected for an interview will be contacted.
ENGIE is an equal opportunity employer, promoting diversity and committed to creating an inclusive environment for all. All applications are screened based on business needs, job requirements and individual qualifications, without any regard to origin, age, name, religion, marital status, health, disability, political opinions or citizenship. Our differences are our strengths.