Planning & Performance Analyst
Job description / Role
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco's value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations' spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom's vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
We are seeking a seasoned Planning & Performance Management Analyst to join the Downstream Planning and Performance Management Department (DSP&PMD).
DSP&PMD is primarily responsible for periodic performance reporting and the coordination, consolidation and preparation of the annual Downstream Business Plan and Midyear/Year-end Accountability reporting. This includes the preparation of presentations for Senior / Executive Management and the Board of Directors. The Department includes personnel serving as liaisons with the various business segments and units, coordinating planning and performance reporting activities, undertaking variance analysis, identifying and resolving issues and various other ad-hoc reporting requirements.
The Senior Planning & Performance Management Analyst primary role is to support the management of multi-billion USD business product lines and their consolidation into the Downstream business results. The Analysts will also look to identify opportunities to improve business performance (i.e. performance management rather than just reporting) and share these with the business with the aim of implementation.
The successful candidate will:
- Plan, execute and lead planning and performance management (P&PM) analytical activities under the broad guidance of higher-level P&PM staff and supervisors of the hiring organization, particularly in resolving complex, cross-functional, non-routine and/or design issues
- Generate analytical findings and recommendations across the scope of objectives and deliverables of the organization, either independently or in collaboration with others
- Proactively identify and provide solutions for problems and issues that arise in his/her assigned areas
- Develop and maintain close partnerships with business/operational counterparts of the P&PM organization in his/her assigned areas, and represent his/her organization in cross-functional, cross-organizational teams involved in P&PM-related tasks
- Participate in planning initiatives of his/her organization, may be assigned to lead and supervise work streams and be significantly involved in mentoring others on P&PM practice
You will be required to perform the following:
- Business Planning, Forecasting and Reporting
- Provide analysis, explanations and recommendations relating to regular Planning & Performance Management (P&PM) tasks such as business plan preparation and periodic performance tracking, measurement analysis and reporting
- Conduct special P&PM-related studies such as the development of performance initiatives and business cases, benchmarking, risk management, design and re-design of measurements, processes and workflows, and information system related changes
- Develop new financial models or review segment related models providing economic insights on earnings, investments and energy market matters
- Develop benchmarking analysis to identify value opportunities
Education & Experience Requirements
As the successful candidate, you will hold a Bachelor's degree in Finance, Business, Engineering, or a related discipline. Possession of an advanced business degree (e.g., MBA) and/or relevant professional certification (e.g., CMA, CFA, CPA) is preferred.
You should have more than 12 years of related, industry relevant experience. You will demonstrate a strong commercial and financial understanding of the Downstream value chain (or specific elements of it, such as Chemicals or Refining). A demonstrated capability and track record in the practice of planning and performance management, including but not limited to;
- Performance analysis, assessment and reporting
- Financial (IFRS) reporting
- Business planning / budgeting
- Business case preparation
- Project management
- Financial modelling
- Experience working in one or more of the Downstream value chain business , particularly in P&PM functions
- Ability to manage, and analyze large volumes of data. Experience of business intelligence tools would be advantageous
- Possess solid knowledge and understanding of management accounting, finance and Excel
- Articulating complex analysis into simple concepts supported by strong written and presentation skills
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world's biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.
About the Company
Saudi Aramco is an integrated global energy enterprise. The company markets and exports crude oil, petroleum products, natural gas liquids and sulfur. It also ships crude oil worldwide through an affiliated company and participates in petroleum refining and marketing activities at home and abroad. Its overseas affiliates are in the United States, Egypt, the Philippines, the Republic of Korea and Japan.
Saudi Aramco's subsidiaries span the globe, with offices in Houston, Washington, New York, London, Leiden, Dubai, Singapore, Beijing, Hong Kong, Tokyo and Seoul.