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Location:
Saudi Arabia
Department: Finance
Job Description

Job Information

    Date Opened

    04/22/2025

    Job Type

    Full time

    Industry

    Energy and Utilities

    City

    GCC

    Country

    Saudi Arabia

    Zip/Postal Code

    GCC

    Number of Positions

    1

Job Description

We are seeking a highly experienced and visionary leader to join a prominent utilities organization in the GCC as the Vice President of Asset Management. This is a pivotal executive role responsible for shaping and driving the organization's asset management strategy across electricity and water distribution networks. The successful candidate will oversee multiple departments, lead strategic planning, and ensure the long-term sustainability and efficiency of key assets.


Key Responsibilities:


  • Lead the development and execution of the organization's asset management strategy in alignment with corporate objectives.
  • Oversee key functions including asset policies, network planning, wholesale procurement, GIS systems, and asset standards.
  • Ensure optimal lifecycle management of physical infrastructure assets to maximize efficiency, lifespan, and service reliability.
  • Develop performance metrics and reporting systems to drive a culture of continuous improvement and operational excellence.
  • Manage capital planning and investments, ensuring alignment with strategic priorities and return on investment.
  • Lead innovation in asset management by integrating new technologies, methodologies, and international best practices.
  • Provide strategic leadership to cross-functional teams, fostering a collaborative, accountable, and high-performance culture.
  • Build and maintain strong relationships with internal and external stakeholders, including regulatory bodies.
  • Champion sustainability, institutional excellence, and compliance with safety, quality, and confidentiality standards.
  • Drive nationalization, talent development, and professional training across departments.


Requirements

The ideal candidate should meet the following criteria:


Education & Certification:


  • Bachelor's degree in Electrical, Mechanical, Civil Engineering or a related discipline (essential)
  • Master’s degree in Engineering Management or a related field (preferred)
  • Certifications in Asset Management (e.g., IAM) are a plus


Experience:


  • 12–16 years of experience in asset management, preferably within the utilities sector (electricity/water)
  • 8–10 years of leadership experience in executive or senior management roles
  • Proven track record managing multiple departments and leading transformation initiatives
  • Hands-on experience with GIS systems, network planning, and asset standards development


Key Skills:


  • Strategic planning and analytical thinking
  • Leadership and team management across diverse functions
  • Complex problem-solving and innovation
  • Stakeholder engagement and regulatory relationship management
  • Financial acumen in capital planning and investment optimization
  • Excellent communication and reporting skills
  • Bilingual (English required, Arabic preferred)


To learn more about this opportunity, you may visit our website – www.blackpearlconsult.com

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Black pearl
VP Asset Management (Utilities Sector)