Company: Saudi Aramco
Skills: Financial Analyst
Experience: 7 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Dhahran, Eastern Province, Saudi Arabia
No location/work authorization restrictions found.


Req Number: 18075BR

Position Description:
We are seeking a Demurrage Analyst to join the Crude Scheduling & Claims Management of our Crude Oil Sales & Marketing Department.

The Crude Scheduling & Claims Management is responsible for allocating crude oil exports by coordinating between Saudi Aramco and the customers to ensure transportation & storage are available for crude oil sold on a delivered basis, as well as monitoring the loss of crude oil and addressing quality and quantity claims with the customers.

Your primary role will be to provide technical, legal, administrative and financial evaluation related to our quantity & quality process and its relevant activities for Crude Oil commodities.

Minimum Requirements:
As the successful candidate you will hold a Bachelor's degree in Engineering, any of the Physical Sciences, Business Administration, Economics, Mathematics, Maritime Studies, Maritime Law or Naval Architecture from a recognized and approved program

You will have at least seven years' experience in the oil industry preferably in Petroleum Sales/Supply Logistics, Commercial Shipping, Maritime Law, Refinery or Terminal Planning or Operations, Petroleum Accounting or Auditing and petroleum cargo and vessel inspection .

Duties & Responsibilities:
You will be required to perform the following:

Analyze in the most economic and efficient manner possible, all quantity & quality claims received from various customers and from Saudi Aramco's FOB exports.

Review quantity & quality related sections of sales agreements and spot sales agreements.

Maintain business communications and relations with customers, suppliers and service companies in regard to ongoing operations, inquiries or disputes.

Frequently update sales agreement's terms & conditions to comply with international practices.

Prepare financial forecasts of international quantity & quality based on volume, historical and data analysis.

Minimize financial loss and exposure by recommending and monitoring commercial, technical and administrative controls for worldwide operations.

Propose and provide special studies and analysis to enhance or optimize sales realizations.