Downstream Senior Strategist

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.

Overview

Fuels Strategy & Capital Planning Department assumes the responsibility of developing Fuels’ Business Unit (BU) strategy, performing capital management, initiating portfolio synergies/optimization opportunities, and conducting financial management activities. Successful candidate will serve as the subject matter expert in Downstream strategy and scenario planning and act as the “BU Advisor” for Downstream business-related issues. He will independently initiate research on wide-ranging topics that look into long-term scenarios that might impact the BU’s competitive advantage and will prepare research and special studies and analysis as required, for the Strategic Council and other Corporate Committees.

Responsibilities:

• Incumbent performs alone, directs or coordinates the following activities:
• Serves as subject matter expert in Downstream strategy and scenario planning.
• Prepares research, special studies and market analysis as required, for the Downstream Strategy Council and other Corporate and Downstream Committees. These reports and market analysis will feed into the development of scenarios.
• Collaborates in a group of strategists responsible for articulating the overall Fuels’ BU strategy, as well as the formulation of the outlook scenarios.
• Collaborates in a group of strategists and planners responsible for development of the Fuels BU long-term strategic plans, including capital/resource allocation plans.
• Builds strong relationship with think tanks and industry experts to keeps abreast of key developments in the Downstream business globally, as well as other arenas that could impact the Saudi Aramco Downstream competitive performance. This includes developments in technology, geopolitics, regulations, Saudi government’s plans, and Downstream industry in general.
• Independently initiates research on wide-ranging topics that look into long-term scenarios that might impact the Company’s competitive advantage in the Downstream business. Prepares research and special studies and analyses as required, for the Strategic Council and other Corporate Committees.

Requirements:

• Master’s degree in Engineering, Economics, Business Administration, Accounting, Financial Management or closely related specialty
• Incumbent will have steadily advanced his professional competence in his areas of expertise through personal study, relevant and expanding work experiences, seminars, professional contacts and extension courses
• 15 years of experience in:
• A combination of refining, chemicals, trading and retail marketing business
• An international integrated O&G / Downstream company or global energy think tank/consulting firm, of which at least 5 years were in strategy formulation, scenario planning, and/or strategic planning
• Excellent written and oral technical presentation skills.