Company: Saudi Aramco (ASC)
Experience: 8 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Saudi Arabia
Req Number: 18206BR
We are seeking a Domestic Marketing Analyst to join the Feedstock & Fuel Marketing Division of Domestic Sales & Logistics Dept.
The Feedstock & Fuel Marketing serves as the hub for all domestic sales activities in Marketing, Sales & Supply Planning admin area under the downstream business line. The core responsibility of the department is to meet the domestic energy demand efficiently, and achieve optimal value from sales of all hydrocarbon products. In support of its responsibilities, the department is engaged in understanding the macro-economic factors driving the domestic energy-consuming sectors, monitoring the regulatory changes impacting the consumption of hydrocarbon products, and analyzing market dynamics of key economic sectors. These efforts facilitate development of the demand forecast for all hydrocarbon products, with an aim to achieve high forecast accuracy.
Your primary role is to assist the department in enhancing its capabilities to capture market insights for key energy-consuming sectors as well as provide market, economic, and other relevant insights to support the demand planning process.
As the successful candidate you will hold a Bachelor degree in Economics, Business, Statistics, Operations Research or related field. Master degree preferred.
You will have minimum of eight to twelve years' experience in conducting market analysis or economic energy-sector analysis. Hands-on experience in assessing economic, sales and market data as well as other internal and external data to synthesize multiple data inputs in to key insightful analysis and recommendations.
You must have a strong analytical and quantitative skills, as well as the ability to comprehend market or economic issues despite incomplete or ambiguous information.
As a subject matter expert you, you will be expected to demonstrate the following:
Thorough understanding of key economic indicators, as well as experience in analyzing economic and market data to project future trends.
Good understanding of the economic attributes driving national economy and energy-consuming sectors.
Working knowledge of economic data and its interpretation on energy consumption.
Working knowledge of macro- and micro-economic attributes with respect to national economy.
Working relationship with government or private agencies involved in economic analysis.
Good understanding of transportation sector dynamics, energy efficiency opportunities, corporate average fuel efficiency (CAFE) requirements, and other related topics.
Strong computer skills, particularly in using Microsoft Office products. Computer modeling and forecasting experience would be a plus.
Ability to work independently as well as train and mentor other junior staff team members.
Duties & Responsibilities:
You will be required to perform the following:
Synthesize customer, sales, economical, historical, or other types of data to develop trends, value-added insights, or recommendations for management decisions.
Monitor growth indicators of key economic sectors, as well as assess key factors driving the economic growth or decline of the sector.
Translate impact of changes in economic and market trends on the consumption and future projection of hydrocarbon products.
Stay abreast of major regional market dynamics, domestic economic growth trends, regulatory changes, or factors impacting the consumption of hydrocarbon products.
Interact with major customers, internal as well as external stakeholders, government agencies, and/or research institutions to gather and compile relevant data, economic indicators, or other relevant information.
Publish periodic report or presentations to capture insights, trends, potential opportunities or threats based on analysis.
Monitor forecast performance, as well as report out the performance analysis on a monthly, quarterly, mid-year and year-end basis.
Maintain and archive all relevant data and information in an orderly and structured format for use by all relevant stakeholders.
Respond to queries from internal stockholders or government entities on topics related to market demand, sector growth trend, economic analysis, or other topics.
Saudi Arabia's vast hydrocarbon resources will see Saudi Aramco become the world's leading integrated energy and chemical company by 2020. Our Chemicals business is a critical, high-profile new enterprise for us and requires committed people with insight, experience and technical expertise.
We can offer professionals from diverse backgrounds and specialties a solid, secure future - not to mention extensive international exposure and the opportunity to see your ideas become reality. Work at the forefront of the industry and see how your career evolves with invested time and effort. It's a chance to make a huge impact both on the local economy and on a global scale.