Saudi Aramco Careers
Financial & Economics Analyst
Requisition ID: 1044886
Req Number: 15399BR
We are currently seeking a Financial/Economic Analyst to join the Portfolio Analysis and Decision Support Department within the Corporate Planning Organization. The Finance/Economic Analyst will be involved in mid/long term financial analysis as part of strategic and investment planning, carry out quarterly P&L forecasting and model the impact of various corporate strategic scenarios.
The Portfolio Analysis and Decision Support Department is one of the five departments under Corporate Planning which is responsible for providing investment analysis and support on corporate decisions; analytical support on portfolio impact analysis; and developing and coordinating the enterprise risk management efforts.
The core function of the Corporate Planning organization is to advise the Company’s management and guide other departments within the Company on energy markets and outlook, economic evaluations, oil pricing, macroeconomic outlook, international energy policies and regulations, HR Capital requirements, and long-term/short-term resource forecast and capability gaps. Corporate Planning serves as the center of expertise on the application of economic principles and assumptions to business issues throughout the Company.
As a successful candidate you must have a Bachelor's Degree in Engineering, Finance or Economics related specialty, with strong quantitative analysis focus.
At least 8 years of experience, ideally in the energy and commodities sector, a consultancy or a financial institution.
A thorough understanding of the economic and business factors applied to the evaluation of business opportunities.
You must be self-starter with excellent financial and/or economic modelling skills.
Experience in cash flow forecasting and scenario analysis.
Proven ability to interface and effectively communicate with management at all levels within the organization, especially senior management. Capable of spotting and reconciling conflicting views and interests among different parts of the organization.
Strong written and oral communication skills. Able to communicate what are frequently complex technical, economic concepts in a clear and succinct manner to individuals and groups from diverse professional backgrounds.
Duties & Responsibilities:
The Financial/Economic Analyst will be involved in mid/long term financial analysis as part of strategic and investment planning, carry out quarterly P&L forecasting and model the impact of various corporate strategic scenarios. You will be working with experienced energy experts in Corporate Planning and in the business segments. You will also have the following duties:
Maintaining the financial model of the Company and applying it to estimate the impact of the proposals included in the 10-year Strategic & Investment Plan (SIP) on cash flow and Company contributions to the Government.
Ensuring the completeness of the financial details of each project included in the proposed SIP from other specialists and incorporating the data into the financial model.
Reporting to management regarding potential financial difficulties that might arise under the proposed cash outlays and under various global oil market scenarios.
Undertaking a detailed analysis and vetting of the proposed 10-year SIP on an annual basis in order to:
– Estimate the required annual capital and operating costs needed for the Company to realize the proposed investments
– Assess the projected free cash flow and possible contributions to the Government under different global oil market scenarios
Reviewing the corporate portfolio of existing assets and proposed investments and making recommendations for any necessary adjustments according to approved “knock-out” criteria designed to maintain the desired portfolio diversification, expected rate of return and risk profile.
Proposing the overall structure of the corporate investment portfolio in terms of market segments coverage, regional composition, domestic vs. international balance, country concentration, risk profile, and target yields.
Assessing potential impacts of proposed SIP’s on the portfolio and proposes remedial actions to maintain a target portfolio balance.
Coordinating with Investor Relations on the rationale for inclusion, removal and amendment of investments as part of the company’s SIP and Business Plan, and the impact on the corporate and business unit financials.