ASC - Technology Portfolio Management Process Specialist

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:

• Work closely with company’s Research & Development Center and business organizations to assess portfolio project priorities by providing standard evaluation metrics. 
• Lead R&D technology portfolio analysis, reviews to enable technology portfolio prioritization through presentation of key R&D portfolio insights and recommendations.
• Ensure R&D portfolio investment process compliance with portfolio governance required by the company’s finance and technology development policies.
• Lead the long-term investment forecast of R&D programs.
• Partner with company’s Downstream, Upstream and Engineering Services organizations to develop a consolidated R&D investment plan for the company.
• Lead R&D portfolio reviews of company/SABIC collaboration projects to ensure consistent portfolio management processes and practices across joint work teams to enable prioritization by company leadership.
• Streamline the planning, communication, execution and performance management of R&D portfolio, including value creation, operation efficiency, etc. 
• Guide the analysis of gated R&D project portfolio from multiple lenses; e.g. sponsorship, project life cycle, and agility in order to identify acceleration opportunities and value realization gaps. 
• Support the implementation of R&D portfolio review decisions and report progress.
• Coordinate the analysis of R&D gate review priorities and implementation performance to ensure consistency with business and investment plans.
• Lead the implementation and improvement of the R&D portfolio management process. 

Requirements:

• Bachelor’s degree in engineering, Science, Finance, or related business administration disciplines. Master’s degree is preferred, if the candidate has completed advanced degree education in both engineering/science and business administration. 
• 10 years of professional experience in leading organizations, preferably in the oil and gas sector (with focus on downstream, midstream, and sustainability initiatives) including at least five years in R&D investment planning and/or technology management role.
• Demonstrated experience with Project and Portfolio Management (PPM) systems, such as Planisware, Accolade and similar software applications.
• Proven track record of developing and implementing strategy and/or technology roadmaps at a well-established organization in alignment with business strategies and objectives.
• Experience with R&D investment governance or financial risk control is a plus.
• Demonstrated critical thinking skills, enhanced by an ability to strategically evaluate disparate and complex data, and to interpret and integrate key assumptions to develop new insights.
• Proven track record of successfully working with multi-cultural, cross-functional teams, and developing productive working relationships.
• Experience effectively presenting and facilitating discussions and informed decision-making with senior-level executives on formal business materials, e.g. R&D investment plan. 
• Experience with Operation Excellence (OE) process development, implementation, including continuous improvement.