Job Title
Senior Analyst Decision Support
Business
ENOC
Job Purpose
To enable the implementation of a capital allocation governance structure for all capital investments undertaken by ENOC Group to ensure financial and strategic alignment with the Group’s corporate strategy.
Principal Accountabilities
Corporate Portfolio Management
Assist in developing portfolio management frameworks to be established within ENOC
Support the periodic review of ENOC’s portfolio of businesses and conduct research to provide advisory for potential restructuring, portfolio rebalancing
Prepare periodic reports to update the management with the status of the projects pipeline, which includes projects under planning and under execution
Screen projects where applicable based on the Project Prioritization Framework
Review historical project portfolio and help define CAPEX categories across ENOC
Build financial models for cashflow analysis, balance sheet simulation and impact analysis on the portfolio including all investment and divestment opportunities
Assist in updating cost of equity for ENOC and its individual lines of businesses
Investment Governance
Assist in developing key project assurance and governance processes for all Capital Projects across ENOC Group
Audit project assurance and governance processes being followed by Capital Projects where PM&DS is not the gatekeeper
Conduct gatekeeper activities (for necessary projects) including preparation of gate review report and validate business case assumptions
Assess and rank growth projects as per the Project Prioritization Framework
Support in conducting periodic analysis on the established stage gate process to identify gaps and recommend corrective measures
Business Analysis & Decision Support
Develop a project monitoring and reporting system to regularly present analysis to executive leadership
Monitor macro-economic and geo-political developments that may impact competitiveness of ENOC’s business interests
Assist in providing independent analysis, opinion and decision support to GCEO for all capital investment decisions requiring his endorsement or approval
Critically analyse and evaluate projects under planning in terms of their capital requirement, economic attractiveness and strategic fit
Assist in developing business cases for growth opportunities as required
Conduct post investment reviews for projects mandated by the Project Planning and Portfolio Management
Provide ad hoc reports and information to management, other sections within department and external agencies
Conduct various special assignments and/or development/update of various communication materials
Assist in developing a monitoring system for projects undertaken for compliance, reliability and risk mitigation objectives
Process Development and Improvements
Review periodically the efficacy of project planning and portfolio management framework in the ERP system
Enable review of project role authorizations and role definitions given across ENOC
Conduct necessary training (including preparation of relevant training materials) to all users of the Project module across ENOC
Promote the adoption of various modelling tools related to financial analysis across ENOC. This would include preparation of necessary templates for easy adoption
External consultants and Reports
As required, coordinate with external consultants to ensure scope requirement of business segments are met, timely delivery, and conducting price negotiations
Develop a regular publication on key market developments in the Oil and Gas Industry
Assist in the development of a monitoring system that tracks and reports on key performance indicators
People Development
Manage effectiveness of subordinates by mentoring and providing leadership to enable the building of an effective team
Identify skill gaps and design training assignments to upskill team members
Additional Principal Accountabilities
Experience
Bachelor’s degree in Engineering, Finance, Business Administration, Economics or related subjects from a recognised university.
Master’s degree in related subject is strongly preferred
8-10 years’ experience in the field of Finance, Strategy, Planning, Investment appraisal
5+ years in Oil & Gas industry, Upstream, Mid-stream or Downstream, experience in similar functions preferred
Ability to blend technical and financial attributes of projects and business opportunities
Ability to build financial models using a bottom-up and valuation multiples approach
Computer literacy with a strong knowledge of MS Office suite is essential
Experience in portfolio management and/or project management would be an advantage
Strong analytical skills, numerical aptitude, excellent communication, and report writing as well as presentation skills are essential
Very good knowledge of spoken and written English, Arabic would be an advantage but not essential.