Senior Analyst Decision Support

Job Title

Senior Analyst Decision Support

ENOC

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.

• 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

• 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.