Our Client operates in the Oil and Gas 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.
Overview
We are seeking a Planning Engineer to join the Capital Program and Budgets Division of Facilities Planning Department.
The Capital Program and Budgets Division (CP&BD) is responsible for the development and coordination of our clients Capital Program & Budget and assisting the preparation of project Expenditure Requests for gate review and approval by senior management and Board. The successful candidate will be part of the Capital Program and Budgets Division which is a component of the Facilities Planning Department, Engineering Services. CP&BD comprises the Capital Programs Group, Expenditure Requests Group and Capital Management System Group. The activities of CP&BD include developing and maintaining manuals and governing procedures used in support of the Capital Program.
The Planning Engineer primary role is to support/lead the development of the Capital Program and Budget preparation of project Expenditure Requests for the presentation of the Capital Program, Annual Capital Budget and Expenditure Requests to corporate management, President & CEO and Board of Directors. This will involve working across Finance, Engineering and Project Management disciplines to seek input and alignment of deliverables to management
Duties & Responsibilities
- Act as a subject matter expert in the development of the Capital Program and Budgets. This will involve a review of the merits and validity of project business case submittals that will include an assessment of economic robustness and compliance against internal corporate guidelines.
- Lead the review of Capital Program and ER planning briefs against compliance to internal departmental standards prior to endorsement and approval of management.
- Review annual project submittals to ensure business cases are coherent and of high quality prior to management review.
- Participate in a lead role in the development of presentations for senior management and executive level management.
- Having a comprehensive understanding of the interdependency between Capital Program and ER planning cycles, and approval authorities will be expected.
- Periodic review of internal company standards and their application to capital planning and expenditure request processes is expected, making recommendations for enhancements where necessary.
- The role will be expected to build strong working relationships internally within the department and across Business Lines and to provide mentorship and training to graduate level talent in support of our clients objectives.
- Provide knowledge on cost estimate development, WBS breakdown and reconciliation.
Minimum Requirements
- Bachelors degree in an Engineering or Business discipline from a recognized and approved program. An advanced degree in a numerical discipline is preferred such as Science, Technology, Engineering or Business.
- At least 8 to 10 years’ experience in a planning function related to capital project development and expenditure request funding, including at experience in an engineering or project management role.