Qualifications & Experience
Minimum Qualifications and Knowledge:
• Bachelor’s degree in a Technical Subject, Economics, Business administration or a related field, ideally complemented by an MBA.
Experience:
• +10 years’ experience in the Oil industry, with significant preparation in an economic analysis functions.
Purpose of the Job
• Coordinates, compiles and prepares various long and short term Upstream business plans, operating plans, work program and budget ensuring that major corporate strategies and objectives are maintained throughout the planning process. Sets planning cycles for WPB preparation including approval cycles. Facilitates Presentations of Business and Operating Plans and WPB to Management for discussions and approvals, Initiates and develops key performance indicators (KPI’s) for review by line departments and management. Prepares performance reporting processes and guidelines. Facilitates Budget revision process and presentations. Provides techno-commercial and economic analysis to support development of growth opportunities and enhancement of profitability, including the review of commercial aspects of all company identified Upstream assets
Key Accountability
Description
Duties and Responsibilities
• Recommends the development of various computer models to be used in the planning process.
• Provides support to the Finance team for development of the financial Information memorandum, technical and commercial due diligence, and ongoing performance reviews.
• Coordinates between concerned departments to prepare profit plans.
• Maintains an awareness of opportunities due to current developments and methodology in the planning and economic analyses areas and market trends and information concerning demand/pricing of oil and gas in the international market place.
• Manages interface activities with parties outside of company pertaining to coordination, cooperation, and business relations between other projects and ventures.
• Coordinates and organizes all Upstream Technical and managerial meeting with partners and shareholders.
• Disseminates proper information upon directions from Executive Director to concerned parties
• Operates within a clear reporting framework, and enjoys a large degree of autonomy in developing plans and strategies, with business goals driving performance.
• Ensures the preparation of suitable planning guidelines, procedures, and related corporate planning assumptions; and provides advice personally and through subordinates throughout the planning cycle, to ensure completed plans fulfill Company objectives and planning criteria.
• Supervises the development of a Planning and Executive Information system to benefit planning activities, inclusive of determining the appropriate computer software, approving sources and nature of data and controls the overall implementation and updating of the system.
Strategic Contribution
• Coordinates, advises and contributes to the development of long term objectives and strategies for Various Upstream functions and Departments
• Provides assistance to the Finance Group for the preparation of Annual budgets and five year financial forecasts for the Company.
Performance and Development
• Supervises and oversees all staff in his section and ensures proper staff performance evaluation, QC and all administrative aspects.
• Works with Upstream Functional teams to prepare performance metrics, set performance targets, and reporting requirements.
Presentation and Reports
• Coordinates and compiles and prepares Monthly Report on behalf of the Upstream Core Business and Support functions.
• Coordinates the preparation of presentation materials and briefing reports for the Board, including coordinating the preparation of resolutions on Upstream matters for the Board’s approval.
Policies, Systems, Processes & Procedures
• Works in accordance with Company policies, objectives of the Company, directives from Management and Planning/engineering standards.
Quality, Health, Safety, & Environment
• Ensures that the Company’s occupational safety and health and environment policy is effectively implemented in all areas of work under his control, reducing unfavorable trends and ensures that corrective actions are promptly implemented. Develops safety plans and programs in coordination with the HSE Department, to ensure that all subordinates are competent to carry out their work and fully aware of all hazards. Evaluates the impact of all activities under his responsibility on the environment by participating in the development, implementation and monitoring of a sound environment protection program.
Related Assignments
• Keeps abreast of related developments within the oil development industry
• Completed work is subject to Planning and Economic Evaluation Manager’s review.
Job specific skills & competencies:
• Computer literacy, including the use of economic models, spreadsheets and database systems.
• A high level of proficiency in written and spoken English
Internal & External Contacts:
Internal:
• Continuous Internal contacts with Upstream Core and support functions to provide exchange information and data necessary for his task. Close coordination between various departments to prepare Business Plan, Operating Plan and WPB. Continuous contacts with Finance Department to exchange input/output data and all processes necessary for economic evaluation.
External:
• Outside periodic contacts with peers in oil operating companies to discuss plans/business and to obtain data and their opinions on various options.
Problem Solving & Decision Making
• Key player in planning the development of long-term strategies for company Upstream, based on aligning goals and capabilities with external business and economic scenarios.
• Works with executive management and operations, engineering and financial management in developing such strategies.
• Makes recommendations which can have a major impact on Company profits and operating costs, especially regarding recommendations for new business options.
Benefits :
1. TAX FREE SALARY
2. INDEFINITE CONTRACT
3. FURNISHING GRANT ALLOWANCE ( AS per policy )
4. GLOBAL MEDICAL INSURANCE FOR SELF AND FAMILY (UP TO 4 CHILDREN)
5. DENTAL CARE AS PER POLICY
6. LIFE INSURANCE EQUIVILANT TO 3 TIMES ANNUAL BASIC SALARY OR QAR200,000 WHICHEVER IS GREATER
7. SHIPPING PAYMENT 300 KG PER ADULT & 20 KG PER CHILD (UP TO 4 CHILDREN)
8. 37 WORKING DAYS ANNUAL LEAVE (EQUIVALENT TO 51 CALENDAR DAYS)
9. 10 WORKING DAYS (OFFICIAL HOLIDAYS)
10. EDUCATIONAL ASSISTANCE (UP TO 4 CHILDREN)
11. ANNUAL PERFORMANCE BONUS AS DETERMINED BY MANAGEMENT (NON-GUARENTEED)
12. PERFORMANCE BASED ANNUAL SALARY INCREMENT AS DETERMINED BY MANAGEMENT
13. FREE OF INTEREST CAR LOAN ( AS per policy )
14. HEALTH CLUB MEMBERSHIP ALLOWANCE ( AS per policy )
