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Job Purpose
The Chief Executive Officer / Executive Director (ED) serves as the executive head of the Solar IPP Business Unit, taking overall operational control, P&L responsibility, strategic governance, and stakeholder leadership. The ED is responsible for aligning organizational goals, securing project financing, leading business partnering with international engineering partners, and driving the end-to-end delivery of the 300 MW utility-scale solar projects from LOA to Commercial Operation Date (COD) within 360 days.
Key Responsibilities
- Strategic Business Unit Leadership: Lead the overall execution of the BU's 3-year vision, mission, strategic pillars, and governance systems.
- P&L & Profit Center Management: Direct the BU Consolidated Profit Center P&L, managing cost baselines, ROI/IRR targets, and Supreme overhead allocations.
- Project Delivery & Milestone Governance: Oversee Project Directors to ensure all 300 MW solar projects reach COD within 360 days of LOA signing.
- High-Level Stakeholder & Financing Partnering: Lead relationships with senior government figures (MOEP, EPGE, MIC), lenders, and C-Suite leaders of Tier-1 international EPC/equipment partners (e.g., CEEC, POWERCHINA).
- Governance, Controls & Exit Planning: Enforce company policies, Decision Authority Interface Matrix, non-conformance rules, and early exit strategy pathways (e.g., stock listing or equity sell-downs).
Duties
- Review and approve project delivery models (Full EPC, Shadow-EPC, PC, PMC) and commercial strategy agreements.
- Direct executive financial management, foreign exchange (FX) hedging strategies, and debt drawdown synchronization with payment schedules.
- Supervise Independent Design Reviewer (IDR) activities to secure early Model Lock certification and double-floor Performance Ratio (PR) guarantees.
- Enforce strict adherence to procurement policies, ensuring all major contracts achieve a minimum 10% commercial savings against market benchmarks.
- Chair monthly BU Management Committee meetings and lead Red-Alert escalation sessions for critical project roadblocks.
- Facilitate organizational capability development, direct the OKR Pyramid reporting rhythm, and mentor senior managers.
Reporting and Coordination
- Upward Reporting: Submits monthly BU Consolidated Packs, OKR Scores, Financial Model updates, and Profit Center Reports to the CEO and Board of Directors.
- Direct Supervision: Directly manages Project Directors (Thazi & Kankaug), Senior Planning Manager, Deputy PDs, and BU functional managers.
- Cross-Functional Coordination: Coordinates closely with corporate legal, finance, treasury, and public relations departments.
- External Coordination: Represents the company before MOEP, EPGE, MIC, regional government officials, financing banks, and international EPC consortiums.