Asc downstream assets manager

  • Whitecrow
  • Dhahran
  • Webbtree.com

Job description:

About our client: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:Brief company directors for Board meetings and key decisions, and prepare support materials as needed.Oversee or conduct analysis on joint ventures (JVs), prepare materials for internal approvals (e.g., capital investments), and manage review and alignment processes.Assist the JVs in accessing resources and services (e.g., skills, data, tools, best practices, relationships) inside the company.Monitor and manage or coordinate information requests, audits, site visits, and communications between Company and JVs.Understand all interfaces (e.g., services, support agreements) between company and JVs, and intervene where necessary to ensure value creation and maintain support.Manage ongoing operational and financial performance reporting, including internal metrics / tracking and investor-level reporting.Help develop the company’s strategy and business plan for JVs.Develop and drive the implementation of a coordinated influencing plan in line with the company’s approved strategy and business plan.Proactively identify opportunities for performance improvement or synergy capture, develop associated business cases, and negotiate with JVs / partners to adopt.Functionally lead a Company JV asset management team.Develop and annually update JVs risk registries, including (separate) company and JV risks.Work with the organization’s Board to develop and update the company’s strategy for given JVs, assessing continued strategic fit within in the Downstream portfolio, and catalyze restructuring as needed.Requirements:Bachelor’s degree in Chemical Engineering, Mechanical Engineering, System Engineering with seven plus years’ relevant experience.Thorough knowledge of engineering practices and US codes, standards, and specifications.High-level understanding of technical and operational issues in refining and/or petrochemical facilities; in-depth technical knowledge is a plus.Understanding of planning, economics, and financial controls (related to OPEX, CAPEX, investment decisions, NPV calculation, business case development, etc.).Understanding of Saudi social, political, regulatory, and economic context, especially related to Downstream.Strong interpersonal and relationship-building skills.Skilled in effectively communicating and presenting (both orally and in writing) issues, strategies, and recommendations.Strong planning, management, and coordination skills.Ability to understand and shape our strategic objectives in a JV, and those of our partner(s).Ability to understand and utilize best practices for managing partnerships.
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