Req Number: 17928BR
We are seeking a Business Development Specialist to join LP Modeling Unit in Downstream Capital Portfolio Planning Department (DCPPD).
The primary function of the DCPPD is to continually identify, evaluate and optimize the Downstream capital asset program; this is attained in part through conducting in-depth energy market assessments including but not limited to for instance market outlooks, economic and financial evaluation, oil pricing forecasts, competing scenario planning, and awareness of energy policy shifts and regulatory requirements.
The Business Development Specialist primary role is to develop business cases to support profitability and growth targets.
As the successful candidate you will hold an Engineering
Bachelor’s degree preferably in chemical engineering from a recognized and approved program.
You must have a minimum of 10 years’ experience in refining or petrochemicals focusing on planning and economics, including at least 5 years in Operations.
You must have previous LP experience; PIMS experience is highly desirable.
You will have deep understanding on investment analysis, including build up to NPV’s and IRR.
You must be proficient in using personal computers and advanced spreadsheet applications.
You must be able to communicate and present outcomes of economic analysis.
Duties & Responsibilities:
You will be required to perform the following:
Develop and run LP models for crude optimization and capital project assessment for both refineries and petrochemical complexes.
Perform back casting to identify the impact of any variance in the level of operations on the profitability of the complex and assess profitable business opportunities using the LP.
Work in liaison with the Technical Development team to identify growth opportunities, capture synergies between assets and assess value creation initiatives.
Monitor refinery performance and economical drivers with the help of LP tools to provide proper directions for plant optimization and cost-effectiveness.
Take ownership of the refineries’ LP models by providing support in the development of new sub-models, in the maintenance of existing LP models and in the updating of shift-vectors with data from test-runs ensuring a proper balance between accuracy and flexibility.
Develop and maintain Saudi Aramco LP Modeling Standards and Design Best Practices to enhance company optimization and productivity.
Perform auditing checks on both LP runs and LP models according to industry best practices.
Provide expert advice and assistance to Company organizations, outside vendors, manufacturers, and design firms on matters relating to LP modeling and best practices.
Originate and carry out engineering studies to determine
potential problems and remedies to existing problems to increase revenue, optimize processes, protect the environment or improve safety.
Prepare and deliver presentations to Management.
Provide engineering leadership to others assigned to assist you.
Act as a professional mentor to less senior specialists and engineers.
Promote a learning environment and implement self-development to maintain and improve expert status within your LP engineering specialty.
Enhance the competitiveness of the current asset base by capturing integration opportunities.
Participate in value engineering sessions to maximize economic realization for projects.
Incorporate study cases into the Linear Program (LP) and utilize it as a basis for business case definition.
Perform economic evaluation and rigorous financial modeling/analysis to identify value creation opportunities that align with the company’s strategic objectives.
Develop, use, document, test, and maintain LP models to evaluate project economic performance.