Economic Analyst Jobs - Tabuk Saudi

ACWA Operations:At Acwa Operations, we make essential services dependable and efficient for the millions of people who rely on them every day. Formerly NOMAC (The First National Operations & Maintenance Company), we are the operations and maintenance arm of Acwa, focused on keeping power generation and water desalination assets running safely, reliably and cost-effectively across their full lifecycle. Since 2005, we have partnered with clients across the Middle East, Africa and Asia to support complex infrastructure that powers communities and sustains economies.<br>Marafiq Red Sea Project The Red Sea Utilities Multi-Utilities Project is a landmark greenfield initiative developed by ACWA Power in partnership with Red Sea Global, supporting Saudi Arabia’s premier tourism destination along the Red Sea coast. Under a 25-year Utilities Concession Agreement, ACWA Power is responsible for the development, construction, operation, and eventual transfer of a fully integrated, off-grid utilities infrastructure. The project includes a 340 MWac solar PV plant combined with one of the world’s largest captive-scale battery energy storage systems (1,000–1,200 MWh), enabling 24/7 clean energy supply. In addition to renewable power, the scope covers seawater desalination (up to 32,500 m³/day), wetlands-based sewage treatment (16,000 m³/day), district cooling (32,500 RT), and zero-landfill waste management (~11,775 t/year). With financial close reached in early 2022, backed by international and local lenders and supported by the Public Investment Fund (PIF), the project represents a pioneering model of sustainable infrastructure aligned with Saudi Arabia’s Vision 2030 and the Red Sea destination masterplan.<br>REPORTS TO: Plant General Manager<br>JOB PURPOSE: To provide engineering support and technical consultancy to all NOMAC operated Power and water producing facilities in terms of resolving operational difficulties/troubleshooting, evaluating material performance, reviewing Plant/Equipment Designs/specifications, coordinating in developing Projects, suggesting proactive actions to enhance Plant Performance, minimize O&M cost, achieve targeted Plant availability, maximize sustainability of the production and the facility, suggest measures to extend Plant life, etc.<br>ROLE & RESPONSIBILITIES:To carryout diligent verification of basic data, design specifications, systems standards of major Plant equipments installed by the EPC Contractors in NOMAC operated Power & Desalination Projects or to be installed in new Projects. To participate in developing the “Scope of Work” defining the functional requirements/ equipment specifications, in case any system/equipment requires modification to be performed by outsourced agency. To assist Plant Management in responding to the queries and/or clarifications concerning technical specifications asked by the Contractors. To assist Plant O&M crews in analyzing critical system upsets/operating problems and recommend measures to avoid recurrences. To perform Residual Life Assessment (RLA) studies for the major Plant equipments and recommend corrective actions for extending the lifespan and/or for better and economic utilization of the equipment, wherever necessary. To execute and offer engineering support and technical consultancy to NOMAC Plants in following major areas:Areas of Applied Studies: Process development and optimization of conventional thermal and membrane desalination processes; Optimization of pretreatment processes; Root cause identification of corrosion, scaling and other process related problems; Assessment of environmental impacts of Power/Desalination Plants discharges on the marine habitat and vice versa; Life prediction of major equipment and state-of-art assessment of Project designs and their current status. Areas of Evaluation Studies: Performance evaluation of different materials and equipment for the suitability and application in Desalination/Power industry; The materials may include propriety chemicals (e.g., antiscalants, antifoam, coagulants, O2-scavengers, disinfectants, corrosion inhibitors, cleaning agents and other treatment chemicals), metallic alloys, non-metallic construction materials, coatings, insulators, etc., whereas the equipment may include pressure exchangers, condenser tubes, ERDs, RO, UF, membranes, MCF elements, MHDs, Sponge Balls Cleaning System, Sponge Balls, etc. Areas of Troubleshooting Studies: Failure case studies; Event Investigations; Suggesting remedial actions for recurring and unusual problems; Monitoring feed and product water qualities. Perform other duties as assigned.<br>REQUIRED WORK EXPERIENCE AND EDUCATION: Bachelor’s degree in Engineering. Minimum 20 years’ experience in power generation, renewable energy and water desalination sector.16 years in O&M of major Co-generation Plants (combined cycle Power generation and MED + SWRO Desalination units) in Senior Position.<br>REQUIRED SKILLS AND KNOWLEDGE:Awareness of Quality, Occupational Health & Safety and Environment Management system principles. The TM should have extensive practical exposure to process, mainly Power generation and Desalination (MED and SWRO) Plants, capable of reviewing Plant designs, technical evaluation of projects, versed with engineering calculations, material and energy balance, thermal design and rating of Heat Exchangers, hydraulic calculations, process and control and system/protection analyses, International codes, practices, regulations and standards. material performance and corrosion, Risk-Based Inspection and inspection techniques, determination of Plant aging, Residual Life Assessment on fixed equipment (Boilers, Turbines, Evaporators, Pumps, Energy Recovery Devices, Water Transmission pipelines, pressure vessels, columns, heat exchangers, pressure piping, etc.), schematic diagrams, specification assessment, working knowledge to use process related latest software, analytical ability to handle Trouble-shooting, process/equipment failures, carryout investigations/Root Cause Analysis, suggest plant modifications/process improvement, analyze the impact of chemical imbalances, know potential water/environmental pollutants, their maximum permissible limits and hazards, carryout feasibility studies, experience of Report writing and technical editing. Familiarization with value engineering, predictive/ preventive/corrective maintenance, Analysis of Process Data Sheets, etc., will be additional advantage.

<h3 >About Red Sea Utilities Company (TRSUC)</h3> <p >The Red Sea Utilities Company (TRSUC) operates as a specialized subsidiary of Red Sea Global (RSG), established to deliver integrated utility services for RSG’s key developments, including The Red Sea Project and Amaala. TRSUC is responsible for providing essential services such as renewable energy, water desalination, wastewater treatment, solid waste management, district cooling, and telecommunications infrastructure. The company is focused on pioneering off-grid, renewable utility systems to ensure RSG’s destinations are powered entirely by clean energy, aligning with Saudi Arabia’s Vision 2030 for economic diversification and sustainable development. TRSUC supports RSG’s mission to create regenerative tourism destinations, emphasizing environmental stewardship and community well-being, under the motto: <em >Where Infrastructure Meets Innovation - For People and Planet.</em></p> <h3 >Role Overview: Manager Financial Operations</h3> <p >Red Sea Utilities Company is seeking a <strong >Manager Financial Operations</strong> to lead and manage the complete accounts receivable and billing lifecycle within its Utilities Finance department. This full-time position is based in Umluj, Tabuk, Saudi Arabia, and reports directly to the Director of Finance. The primary objective of this role is to ensure accurate and timely invoicing, proper revenue recognition, and effective collections to optimize cash flow. Additionally, the Manager Financial Operations will be responsible for driving process improvements, implementing automation initiatives, and maintaining strict compliance with regulatory requirements and internal controls.</p> <h3 >Key Responsibilities</h3> <ul > <li ><strong >AR &amp; Billing Operations:</strong> Lead end-to-end billing processes, including finalizing end-user agreements, collaborating with operations for consumption data accuracy, generating and submitting final bills to clients, and reconciling payments to close invoices in SAP ERP.</li> <li ><strong >Collections &amp; Credit Risk Management:</strong> Monitor aging reports to identify delinquent accounts, negotiate payment arrangements with overdue customers, and promptly escalate unresolved cases. Collaborate with stakeholders to define and implement optimal credit policies.</li> <li ><strong >Compliance &amp; Internal Controls:</strong> Maintain robust internal controls and ensure adherence to regulatory frameworks specific to the utilities sector. Support internal and external audits and implement policies and procedures to safeguard receivables.</li> <li ><strong >Reporting &amp; Analysis:</strong> Prepare and present Accounts Receivable (AR) Key Performance Indicators (KPIs). Provide actionable insights to senior leadership to support informed decision-making.</li> <li ><strong >Process Improvement &amp; Technology Optimization:</strong> Identify process inefficiencies and recommend improvements. Drive automation initiatives to enhance accuracy and efficiency, and optimize systems for billing and collections processes.</li> </ul> <h3 >Required Experience</h3> <p >Candidates for this position should possess <strong >5 to 10 years of relevant experience</strong> in financial operations, with a strong background in accounts receivable and billing management, preferably within the utilities sector or a related industry.</p> <h3 >Work Setting</h3> <p >This is a full-time role situated in Umluj, Tabuk, Saudi Arabia. The Manager Financial Operations will be an integral part of the Utilities Finance department, contributing to the financial health and operational efficiency of TRSUC's innovative utility services.</p> <h3 >Application Information</h3> <p >Interested candidates are encouraged to apply for this position to contribute to Red Sea Global's pioneering sustainable development initiatives.</p>