Req Number: 17386BR
We are seeking a Senior Economist to join the Global Analysis Department (GAD) within the Strategy & Market Analysis (SMA) Organization.
The core function of the SMA organization is to advise the company’s management and guide other departments within the company on energy markets and outlooks, economic evaluations, oil pricing, macroeconomic outlook, and international energy policies and regulations, as well as assisting in business planning and strategy formulation.
Your primary role is to assist with Global Analysis’ achievement of major initiatives in the areas of macroeconomic trends, collection and analysis of global related data, drafting of policy recommendations, economic research, and econometrics. In addition, you will support GAD’s efforts in the area of supporting and communicating with corporate management as well as with other relevant organizations within and outside the company with general market outlooks, current and forecasted global refining economics (oil product prices, refinery margins, and capital costs among others), refining capacity developments, and opportunities that could affect the company’s refining capital program. You will monitor current and future regulations to identify any possible impact on the Company’s refining business.
As the successful candidate you will have the following:
Bachelor’s degree in Engineering, Economics, Business Administration, Accounting, Financial Management or a related specialty. A graduate degree is highly desirable.
Twenty years’ experience in the petroleum industry or other related fields. Some supervisory experience is preferred.
A relevant graduate degrees may be substituted for experience.
A solid understanding of statistical and financial analytical tools.
A working knowledge of petroleum economics, technology and accounting.
The ability to produce, interpret, and present high quality reports.
The ability to work in multicultural and multidisciplinary teams.
The ability to represent the Company externally when needed.
Duties & Responsibilities:
You will be required to perform the following:
Manage and support teams to deliver analytic functions, including overseeing external consultants.
Originate, develop, and recommend the implementation of new planning and analytical concepts and techniques.
Assess and report market conditions on energy outlooks, economic evaluations, oil pricing, macroeconomic outlooks, and international energy policies and regulations.
Act as a senior consultant in Company interactions with SAG counterparts and with U.S. companies.
Advise and assist other organizations on complex planning and analytical problems.
Conduct presentations and lectures, internally and externally on various aspects of the oil industry, and economic development in Saudi Arabia.
Present economic data, research, policies and recommendations in formats that are understandable to stakeholders, staff, and senior company management.
Train and guide staff with their development and mentoring.
Assist in business planning and strategy formulation.
As an integrated, global petroleum enterprise with operations in Saudi Arabia, Europe, the United States and the Far East, Saudi Aramco is one of the cornerstones of the world’s energy supply. Saudi Aramco has a proud legacy of accomplishment in the oil and gas industry. In recent years, the Company has been creating downstream joint and equity ventures, both in Saudi Arabia and in China, and is exploring additional opportunities in refining and petrochemicals. Projects such as these, combined with Saudi Aramco’s stature – both as a corporation and as a corporate citizen – in the Kingdom and wherever the Company does business, make for a challenging and rewarding work environment for the personnel of the Finance business line.