Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.
Responsibilities:
You are expected to be able to perform the following:
- Design standardized methodologies to collect, maintain, analyze, and present assets’ operational and financial performance data
- Design key performance indicators (KPIs) to track assets operational and financial performance
- Analyze and evaluate the financial and operational performance of Company’s downstream assets (e.g., turnarounds performance, maintenance costs)
- Benchmark assets’ performance against industry leaders as well as other Company's downstream assets, utilizing standard Oil & Gas performance benchmarks (e.g., Solomon benchmarks preferred) and internal performance data
- Create and maintain models for the reporting of financial and operational results and conduct regular full potential assessments and gap studies of Company’s downstream assets utilizing benchmarking data, and estimate gained financial value from improvement
- Prepare and present portfolio performance reports and presentations, highlighting key findings and recommendations for GME leadership review
- Collaborate with cross-functional teams to identify portfolio optimization opportunities and develop strategies/initiatives to address them
- Participate in the development of assets performance dashboards and reporting tools
- Stay abreast of global and regional O&G industry trends, market conditions, and regulatory changes that may impact assets performance
Requirements:
- As the successful candidate you will hold Bachelor’s degree in Engineering, Finance or a related field. An MBA is preferred.
- You will have a minimum of 5 years of experience in performance management, data analysis or a related role within the downstream oil & gas industry
- You have solid experience in analyzing and interpreting complex operational and financial data from large Oil & Gas downstream assets
- You have solid experience with Oil & Gas benchmarking and performance management frameworks, such as Solomon or RAM
- You will be able to demonstrate strong analytical and problem-solving skills with the ability to translate complex data into actionable insights for financial and operational decision-making
- You have experience working with data analysis tools and performance metrics, as well as presentation and reporting tools (e.g., MS Excel, MS PowerPoint)
- You will be able to demonstrate excellent communication and interpersonal skills, with the ability to effectively present findings to diverse audiences, both technical and non-technical
- You will be able to demonstrate strong understanding of downstream oil & gas operations, including refining and petrochemicals
- Certifications such as Cost Professional (CCP), or similar are preferred.
- You will be able to demonstrate understanding that operations are crucial for providing meaningful cost optimization and better cost structure and allocation.
- You have experience in strategic cost management, involving the ability to strategically evaluate and manage costs to align with company long term goals.