Planning & Performance Management Analyst - Downstream

Overview:

We are seeking a seasoned Planning & Performance Management Analyst to join the Downstream Finance, 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, Period Business performance review 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 performance enhancement opportunities and resolving issues and various other ad-hoc reporting requirements such as benchmarking activities.

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.

Minimum 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 .

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, Trading or Refining). A demonstrated capability and track record in the practice of planning and performance management, including but not limited to:

1. Performance analysis, assessment and reporting
2. Financial (IFRS) reporting
3. Business planning / budgeting
4. Business case preparation
5. Project management
6. 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

Duties & Responsibilities:

• 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, scorecard development and monitoring, target setting, 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

Benefits:

• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term : In the event you are unable to work due to illness or injury, short-term income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.

BH4635

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