Company: ADNOC
Skills: Business Analyst, Financial Analyst
Experience: 10 + Years
Education: Bachelors/3-5 yr Degree
Location: Abu Dhabi, United Arab Emirates


Job Purpose

Carry out fundamental business, financial, and economic analysis for all Downstream investments that are under consideration, businesses, in addition to economic studies. Undertake economics and feasibility studies. Manage and rank Downstream Directorate's investment portfolio. The fundamental analysis enables senior management to make informed investment and business decisions. Ensure Investments in Downstream Projects comply with ADNOC goals of unlocking and maximizing value and corporate investment guidelines.

Job Specific Accountabilities (Part 1)

•Develop and demonstrate an understanding to assess investment proposals to determine suitable investment strategies and opportunities.
•Ensure Downstream projects and investments comply with Investments Governance Framework (IGF) or any other applicable policy
•Develop and maintain economic tools and fit-for-purpose analysis (such as risk analysis) to support Downstream Directorate business ensuring timely challenge and guidance in making informed investment decisions
•Conduct business, economic, and financial evaluations for all types of investments under consideration (e.g. greenfield, brownfield, joint ventures, mergers and acquisition), business cases, and economic studies in Downstream
•Keep up to date with market and industry and issue reports on relevant markets and industries
•Prepare an investment case or appraisal presentations to ADNOC Management Investment Committee (MIC) or any other applicable ADNOC Management committees
•Assist the Management to ensure that the Division's long and short term plans for investments, business cases and economic studies evaluation are in line with ADNOC objectives.
•Provide Downstream Group Companies with professional analytical and economical support
•Analyze and assess economic cases presented by Downstream Directorate and its Group Companies.
•Assist the Management to ensure that the Division's long and short term plans for investments, business cases and economic studies evaluation are in line with ADNOC objectives.

Job Specific Accountabilities (Part 2)

Job Specific Accountabilities (Part 3)

Generic Accountabilities

Supervision
•Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
•Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.
Budgets
•Provide input for preparation of the Division budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives.
•Investigate and highlight any significant variances to support effective performance and cost control.
Policies, Systems, Processes & Procedures
•Implement approved Division policies, processes, systems, standards and procedures in order to support execution of the Division's work programs in line with Company and International standards.
Performance Management
•Contribute to the achievement of the approved Performance Objectives for the Division in line with the Company Performance framework.
Innovation and Continuous Improvement
•Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
•Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.
Health, Safety, Environment (HSE) and Sustainability
•Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.
Reports
•Provide inputs to prepare Section MIS and progress reports for Company Management.

Generic Accountabilities (continue)

Internal Communications & Working Relationships

•Daily contact with Line Manager and other team member from the Division.
•Daily contacts with the Downstream Directorate Management for supporting the business planning process.
•Regular contacts with Corporate Planning teams within HQ and Downstream Group companies
•Regular contacts with counterparts in other Directorates like Upstream, MST, TEO, Legal, Governance & Compliance, Finance & Investments.

External Communications & Working Relationships

•Occasional contract with Government Authorities, such as Abu Dhabi Executive Council, Ministry of Energy, Department of Economic Development, Abu Dhabi Investment Authorities and Gulf Cooperation Council, etc.
•Regular Contacts with top management of overseas and national shareholders, customers, suppliers and joint venture partners in discussions, negotiations and at Board meetings.
•Frequent contacts with Consultants and Financial Advisors.

Minimum Qualification

Bachelor Degree in Finance, Business Management and/or Economics

Minimum Experience, Knowledge & Skills

10 years of relevant professional experience including 5 years specifically in the Oil & Gas / Downstream industry.

Professional Certifications

As applicable

Work Condition, Physical effort & Work Environment

Physical Effort
•Minimal - regular walking, standing and keyboard use, as required

Work Environment

•Mostly air conditioned environment. Exposed to prevailing environmental conditions during site visit; may be required to use protective safety clothing or gear while visiting plants

Additional Details

Job Family / Sub Family:Business Planning & Performance / Corporate Planning

Job Dimension

Revenues/ Budget: As per approved financial budget
Direct Reports: As per organization chart
Indirect Reports: As per organization chart

Group Company: ADNOC HQ

Jan 13, 2022