Company: Saudi Aramco
Skills: Business Development
Experience: 10 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Dhahran, Saudi Arabia
No location/work authorization restrictions found.
Req Number: 17927BR
We are seeking a Business Development Specialist to join our Downstream Capital Portfolio Planning Department (DCPPD)
The primary function of the DCPPD is to continually identify, evaluate and optimize the Downstream capital asset program; this is attained in part through conducting in-depth energy market assessments including but not limited to for instance market outlooks, economic and financial evaluation, oil pricing forecasts, competing scenario planning, and awareness of energy policy shifts and regulatory requirements.
The Business Development Specialist primary role is to develop business cases to support profitability and growth targets.
As the successful candidate you will hold an Engineering Bachelor's degree preferably in chemical engineering from a recognized and approved program.
You will have a minimum of 10 years' experience in refining or petrochemicals focusing on planning and economics, including at least 5 years in Operations.
You must have previous LP experience; PIMS experience is highly desirable.
You will have deep understanding on investment analysis, including build up to NPV's and IRR.
You must be proficient in using personal computers and advanced spreadsheet applications.
You must be able to communicate and present outcomes of economic analysis
Duties & Responsibilities:
You will be required to perform the following:
Provide expert advice and assistance to company organizations, outside vendors, manufacturers, and design firms on matters relating to your area of expertise.
Originate and carry out engineering studies to determine potential problems and remedies to existing problems to resolve complex technical problems, increase revenue, optimize processes, protect the environment, or improve safety.
Develop and maintain Saudi Aramco Engineering Standards and Design
Design Manuals or other documentation to enhance company profitability, safety, and productivity.
Evaluate and introduce best practices and new technologies from all over the world to help the company achieve best in class positions in the oil business.
Review and evaluate the capabilities of vendors and contractors to determine their acceptability to perform major services for Saudi Aramco.
Act as Saudi Aramco's representative in dealings with vendors and manufacturers pertaining to your field of experience.
Work on or with task forces assigned to investigate incidents or solve specific problems. Performs cost analyses and value engineering studies as appropriate.
Undertakes special assignments requiring extensive technical experience and discretion when dealing with outside organizations.
Conduct seminars in the resolution of technical problems with personnel in other Engineering organizations.
Write papers for peer-reviewed journals on engineering studies and projects you have overseen.
Provide engineering leadership to others assigned to assist you.
Act as a professional mentor to less senior specialists and engineers.
Promote a learning environment and implements self-development to maintain and improve expert status within your engineering specialty.
Develop pre-feasibility studies for new business opportunities.
Generate Downstream Investment Plans covering all sectors (Refining, Chemical, Power, and Supply System) for both current and new facilities.
Enhance the competitiveness of the current asset base by capturing integration opportunities.
Develop value assurance processes for economic evaluations and business cases of capital projects throughout the project life cycle.
Participate in value engineering sessions to maximize economic realization for projects.
Incorporate study cases into the Linear Program (LP) and utilize it as a basis for business case definition.
Update shift vectors in the LP with data from test runs and changes in operating modes.
Perform back casting to identify the impact of any variance in the level of operations on the profitability of the complex and assess profitable business opportunities using the LP.
Perform economic evaluation and rigorous financial modeling/analysis to identify value creation opportunities that align with the company's strategic objectives.
Develop, use, document, test, and maintain models to evaluate project economic performance and to study.