Innovation Manager
5 days ago
- Lead, direct and follow through different cross-functional innovation projects of varied sizes and technologies
- Follow market trends and map disruptions by attending seminars and other technological and product marketing events
- Drive the innovation & new technology agenda, interpret NOMAC's O&M business strategy and determine innovative and new technology solutions supporting strategy implementation
- Coordinate and work closely with various functions and teams like SVP, VP's, relevant plant PGMs, SMEs, PAT, ACWA Power Innovation, BD & technology team, NOMAC BD and other departments (as necessary) to understand challenges and focus areas for improving the bottom line by introducing innovation and new technology solutions.
- Coordinate with Purchasing Department to work closely with OEMs, service providers and sub-contractors in order to conduct demos and develop solution models.
- Perform due diligence visits as necessary to arrive at meaningful solution to address business-critical issue and provide comprehensive reports to the management and respective stakeholders
- Prepare a risk matrix for all solutions and present mitigation strategy and action plans to management and concerned Department(s)
- Coordinate with the internal Technical, Benchmarking and Risk teams highlighting the key risks, opportunities, recommended equipment partners and contractors, risk mitigation strategies, cost-benefit analyses etc., to ensure all the key elements are raised, discussed and resolved in a timely and efficient manner
- Prepare and present business case to the management on innovative and new technology solutions
- Regularly report to the supervisor on the operational activities of department, challenges and issues faced, mitigation actions taken, etc. as required, to keep them informed and updated on the department's activities
- Inculcate a dynamic innovation culture within NOMAC by creating company-wide internal innovation platform to source new ideas and solutions in an open-innovation environment and reward the best ideas with Innovation Trophies
- Contribute and influence strategic direction for management through presentations on innovative and new technology solutions
- Attend meetings at various locations (in different countries) either in person or remotely on a short notice to participate and understand the O&M challenges requiring innovative and new technology solution
Budget Management
- Prepare department's budget; manage and monitor the financial performance against the budget so that areas of unsatisfactory performance are identified, rectified promptly and potential departmental performance improvement opportunities are capitalized upon.
Health, Safety, Security and Environment
- Ensure compliance to all relevant health, safety, security and environmental management policies, procedures and controls across the department to guarantee employee safety, legislative compliance and a responsible environmental attitude
Continuous Improvement
- Identify opportunities of improvement and contribute to organizational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment
- Excellent techno-commercial, business and analytical skills
- Commercially astute, and able to structure solution to a problem in the best way possible, while also minimizing risk to the business
- Inclusive professional having attention to detail
- Excellent relationship building, presentation and communication skills
- Good understanding of Project & Business Development in Power & Water Sector involving technical, legal and project finance knowledge, and a thorough understanding of the business value chain
- A pro-active high achiever with high energy levels, who is used to working under pressure and to tight/challenging deadlines even while travelling or working remotely
Who will fit?
- A Bachelor degree holder in Mechanical, Electrical/Electronics, Industrial or Chemical Engineering or related field
- 15+ years' experience preferably in the Power & Water and other associated sectors with minimum of 5 years in a managerial capacity.
- Extensive depth and breadth of knowledge and exposure to Power industry including fossil fuel, Renewables (Solar PV and CSP, Wind & Battery Storage) and Water Desalination Industry including Sea Water RO
- Preferably Saudi national
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