Ref: HP331-1201

Job description / Role

Employment: Full Time

Saudi Aramco’s Downstream business line is responsible for the Company’s downstream operations including Domestic Refining & NGL Fractionation (DR&NGLF) which oversees the operations of the Company’s wholly owned and JV refineries and NGL fractionation plants. The candidate will be working under the newly-established Capital Efficiency Division (CED) which reports directly to the Executive Director (VP Level) of DR&NGLF. This division handles all capital projects from $20M up to $100MM in existing facilities. The CED initiates, plans and executes with plant personnel all capital projects (new, revamp, debottlenecks, repairs or replacement). In addition, CED supports all current and future capital projects of all sizes. Another critical function of CED is evaluating growth and profitability improvements’ initiatives in alignment with corporate strategic objectives.

The Downstream Business Analyst will develop business cases to support profitability and growth targets.
Specific functions to be performed include:

Develop prefeasibility studies for new business opportunities.
Conduct evaluations as part of Refining Investment Plan development with other organizations at corporate level, for both current and new facilities.
Enhance the competitiveness of the current asset base by capturing debottlenecking and integration opportunities.
Incorporate study cases into Linear Program (LP) to be used as basis for business case definitions.
Perform economic evaluation and rigorous financial modeling/analysis to identify value creation opportunities that align with the company’s strategic objectives.
Carry out benchmarking studies or analysis to identify opportunities for net cash margin improvements.
Lead the development or update of facility master plan with the focus on capital investments to improve its financial performance.

Faithful+Gould is one of the world’s leading consultancies providing integrated project and programme management services for construction and engineering projects, with a turnover in excess of £200 million.

Worldwide Faithful+Gould has access to over 2,500 consultants, of whom 500+ are located in the Middle East across six offices. We have successfully delivered commercial advice and management support for over 65 years to clients in Asia Pacific, Europe, Middle East, UK, and North America. We are a wholly-owned subsidiary of the Atkins Group, the design and engineering company.

Active in the Middle East for 18 years, Faithful+Gould combines in-depth knowledge of the region with the ability to draw on our global resource and constructive expertise, to deliver the most challenging of projects. With registered companies in Dubai, Abu Dhabi, Qatar, Oman, Saudi Arabia, and Kuwait, this makes us one of the strongest international construction consultancies in the region.

Requirements

Minimum Requirements:

B.S. in Chemical Engineering
11-15 years of professional experience within refining, focusing on planning and economics with at least 3 years’ experience in Operations.
Previous Linear Program experience; PIMS experience is highly desirable.
Experience in capital planning and investment decisions related to profitability improvement and growth.
Deep understanding of investment analysis and financial indicators like NPV, IRR, profitability index, etc.
Proficient in using advanced spreadsheet applications.
Ability to communicate and present to management the outcome of economic analysis.

Rewards and Benefits:

We offer an excellent package which includes:

A competitive salary;
Accommodation allowance;
Transportation allowance;
22 calendar days annual leave;
Medical and life insurance cover;
Company gratuity scheme;
Discretionary bonus scheme;
Annual flight allowance to point of origin;
Employee Well-Being Programme – 24 hour free advice on financial, legal and family care specialists and also access to personal health, fitness and nutrition consultants.

Apply and the Process:

We are looking for a Downstream Business Analyst to join our F+G business.

About the Company

Atkins is one of the leading providers of professional, technology based consultancy and support services to the industry, commerce and governments in all of the worlds major economies. With over 17,000 staff operating in Europe, the Middle East, Asia Pacific and the Americas, Atkins has a broad range of skills and resources and provides Clients with a comprehensive service throughout the entire life cycle of the projects in the built environment.

We aim to be the international first choice supplier of technical and integrated services. Shaped by our customers' needs, our vision is to:

  • focus on quality
  • seek world class design and excellence
  • strive to add value
  • be flexible to the evolving needs of a changing society

Atkins first carried out design and supervision commissions in the Gulf area in 1967. From its regional head office in Dubai, U.A.E. Atkins Middle East now employs over 2000 staff located in Dubai, Abu Dhabi, Sharjah, Oman (Muscat ), Qatar (Doha) Bahrain (Manama), Kuwait (Kuwait City) and India (Bangalore).

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Business Analyst salaries in Saudi Arabia

Average monthly compensation
SAR 14,000

Breakdown available for industries, cities and years of experience