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Refining Economics Specialist

Company: 
Saudi Aramco

Position Description

Saudi Aramco is seeking to hire an experienced Refining Economics Specialist to join the Portfolio Analysis & Decision Support Department, under Corporate Planning. The specialist is to act as a key advisor to corporate management as well as other organizations within the company on various financial and economic issues related to the company's oil refining, distribution, and marketing capital programs. 

Minimum Requirements

As the successful candidate, you will hold a minimum of a bachelor's degree in engineering, economics, business administration, financial management, or closely related discipline; an advanced degree is highly desirable. In addition, you must have steadily advanced your professional competence in areas of expertise through personal study, relevant and expanding work experiences, seminars, professional contacts, and extension courses. This role required 15+ years of relevant, progressive experience in the oil refining, distribution, and marketing industry, including at least five years of experience in a planning function related to the oil downstream business. 

Duties and Responsibilities

You will be required to perform and demonstrate the following: 
* Conducts reviews of industry business developments, trends, and economics. 
* Utilizes, adjusts, and maintains economic evaluation models for downstream projects. 
* Provides analysis, evaluation, and interpretation in support of projects, processes, and financing related to Saudi Aramco capital investment decisions in the oil downstream sector. 
* Evaluates the economics of complex downstream project proposals, including joint venture, and/or acquisitions. 
* Represents the company at relevant internal and external conferences and seminars, preparing and delivering presentations on subjects related to downstream industries. 
* Builds and maintains strong relationships with consultancies, industry experts, and best-in-class companies, keeping abreast of oil downstream market developments, which could impact the company's competitive performance. 
* Benchmarks the company's performance and related processes, practices and technologies against relevant companies in the region and around the world. 
* Mastery of understanding economic and business factors related to the downstream oil industry with proven success applying that knowledge in the evaluation of business opportunities. 
* Solid understanding of downstream projects necessary to conduct insightful economic analysis of capital investments. 
* In-depth understanding of various modeling techniques and methodologies related to economic analysis and planning. 
* Proven ability to effectively communicate what are frequently complex technical and commercial concepts in a clear and succinct manner to individuals and groups from diverse professional backgrounds. 
* Capable of recognizing and reconciling conflicting views and interests across large, complex organizations. 
* Must have a proven ability to quickly build and maintain positive and effective networks with internal and external stakeholders from all organizational levels. 
* Assists in the training and mentoring of junior staff. - See more at: http://www.rigzone.com/jobs/postings/884362/Refining_Economics_Specialis...