Our client is a firm member of the Electricity Transmission industry, specialising in strategic investment in offshore electricity transmission systems in the UK. This exciting role covers the development of the future investment portfolio and the life cycle management of our existing offshore transmission assets.
The main purpose of the role will be to act as the General Manager for a selection of the Groups OFTO’s. and assisting the Technical Director in providing technical and commercial advice / recommendations to achieve business objectives via timely and accurate reports to the board of directors and CEO for existing projects and for future projects.
The role will also include assisting the Technical Director in the development of our asset management knowledge including, commercial contracts, to drive forward existing businesses and future investment opportunities. In addition, the General Manager may potentially undertake the role of General Manager for future offshore transmission systems in the UK and the other OFTOs.
UK OFTO’s are a strategic asset class for the company, and the role will include assisting in the development of tenders and due diligence for new investment opportunities. Following a successful tender, the General Manager will assist in the development of the Special Purpose Vehicle (“SPV”) management and outsourced O&M contracts during the start-up / takeover phase of each transmission system and the development of asset management systems for the new businesses.
This role exposes the General Manager to a wide variety of engineering and commercial asset management issues which require significant industry, regulatory and related engineering, and commercial knowledge together with the ability to manage an outsourced operations service provider. The role also requires knowledge of the System Operator Code, electricity industry standards, codes, regulations and the management of contracts.
PRINCIPLE DUTIES, ACCOUNTABILITIES AND RESPONSIBILITIES WILL INCLUDE:
- General Manager for OFTOs including:
- management of the governance arrangements including OFTO board and associated committees, audits, risk management, quality management, asset management, health and safety, and ESG reporting.
- regulatory management including the compliance and reporting requirements of the OFTO Licence, industry codes and committees.
- management of the OFTOs main and other O&M service providers.
- management of operational and financial performance of the OFTO in line with targets set by the OFTO Board.
- manage contractual interfaces with the relevant offshore wind farm owner and Distribution Network Operator/Transmission Operator.
- evaluation of technical reports from O&M providers, original equipment manufacturers, consultants and industry bodies which are relevant to the OFTO assets to ensure asset integrity and reliability.
- review of current, and future life cycle work management plans for all inspections, surveys, and maintenance work to be undertaken by the O&M supplier in line with the asset strategy.
- develop and maintain a good working knowledge of the project documents, use this knowledge to enforce the OFTO’s rights under the project documents and provide general and specific advice to the OFTO Board, where this extends beyond ‘good working knowledge’ seek legal and/or other professional support, subject to prior approval by the OFTO.
- develop and maintain a detailed register of obligations required under the project documents, managing all deliverables against this register.
- ensure policies, procedures and documentation are maintained and cover all key areas of the Project, maintaining a register of all OFTO policies and procedures reviewed periodically, making recommendation to the OFTO for any updates that maybe necessary.
- assist the OFTO in warranty claims under the project sale and purchase agreement and manage the making of any claims under any construction contracts relating to the project.
- ensure that the confidential information of the OFTO remains confidential.
- procurement and commercial management.
- manage media relationships.
- manage any request by a party to perform works in the proximity of the project assets.
- Development of offshore transmission asset life cycle management including, marine and offshore maintenance and fault rectification, maintenance planning and implementation to ensure good asset performance.
- Review and provide recommendations to the Technical Director for all operational incidents / asset failures, including review of fault analysis and investigation reports to prevent re-occurrence.
- Identification of trends in asset performance and put in place appropriate management actions in conjunction with the O&M service provider.
- Production and/or evaluation of technical reports as part of future investment due diligence.
- Monitoring, evaluating, and responding to consultations / changes to regulation and industry codes to ensure continued compliance.
- Representation of the company with regulators, professional bodies, or trade associations to ensure compliance with laws, codes, and regulations.
QUALIFICATIONS, SKILLS, AND EXPERIENCE REQUIRED:
- Degree level education or the equivalent in an engineering (preferably electrical) discipline.
- Membership of relevant professional body is preferable e.g., IET; and
- Chartered Engineer status is preferable.
- Demonstrable experience of electricity transmission technology and a proven knowledge and understanding of all related technologies is essential.
- Proven in-depth knowledge of electricity regulation and knowledge of National Electricity Transmission System Operator (“NETSO”).
- Experience of managing outsourced contractors, developing, and negotiated outsourced contracts from technical and commercial aspects.
- Proven asset management ability to develop asset management strategies using condition monitoring and utilizing asset databases and reporting tools.
- Experience of new business development (new investments) and tendering.
- Knowledge and understanding of all key business issues that impact electricity transmission assets.
- Proven ability to develop working relationships quickly and effectively within a small team and externally with outsourced service providers.
- Excellent written and oral communication skills, articulate, diplomatic but able to “get the job done”.
Desirable:
- Experience of offshore transmission, subsea cables especially condition monitoring, failure mechanisms and repair techniques.
- Experience of project financed companies and working with lenders and their advisors; and
- Experience of major construction contracts and the management thereof.
