Petroleum Engineering Business Planning & Performance Specialist

Saudi Aramco Oil Co.
Job Overview

Position Description

We are seeking a Petroleum Engineering Planning and Performance Specialist to join the Well Scheduling Budgeting and Accounting Group (WSBAG) of the Drilling Technical Department (DTD).

The WSBAG is a part of the Upstream business line in Saudi Aramco and reports to the Drilling & Workover Administrative Area of Upstream. Its objective is to:

Deliver robust business planning based on financial and operational targets.

Assess the resources that are required (such as rigs, operating expenses, and capital expenditures) to accomplish the planned targets.

Measure, report, and assist in the management of operational and financial performance to support delivery of optimum business performance.

Collaborate with other Upstream organizations to develop drilling budgets and schedules that achieve operational and financial targets.

Guide counterparts in the business units toward value-added decisions and ensure that financial rigor is applied consistently.

Ensure key business activities are planned, recorded, reported, and reforecast with integrity and transparency in a timely manner.

The selected candidate will be responsible for supporting all planning and performance management activities for the assigned business. The specialist must be capable of managing planning and performance related activities in a dynamic portfolio of businesses, and is able to adapt to changing priorities. In addition, he or she will be responsible for analyzing periodic performance and for preparing the resulting management reports using plan, actual, and forecast data, thus enabling the business to actively manage performance.

Minimum Requirements

As a successful candidate you must have at least 15 years total professional work experience and hold a bachelor’s degree in petroleum engineering or a related field from a recognized and approved program with a minimum of 9 years of experience in an engineering or operations role within the gas and oil industry. Requires an advanced degree in business administration, economics, finance, or accounting. A CFA or CMA charter is preferred. At least 6 years of finance-related work experience is also required.

You must possess technical and operational experience in gas/oil exploration, drilling and workover, and have experience in all stages of oil and gas field evaluation, development, and production.

Advanced financial competence evidenced by the appropriate professional licenses or credentials is strongly preferred. Proficiency in business intelligence software is likewise strongly preferred.

In addition, you should demonstrate the following:

Ability to quickly establish credibility in the position and to effectively interact with all levels of management, including senior leadership.

Experience and an established track record in leading and developing multidisciplinary teams.

Strong communications and interpersonal skills.

Ability to communicate technical issues to both technical and nontechnical staff.

Exceptional business writing, presentation, and facilitation skills.

Excellent database and spreadsheet skills.

Excellent command of oral and written English.

Ability to mentor, coach, challenge, and influence effectively while interfacing with staff from all disciplines and at all levels.

Capable of exercising prudent business judgment when handling potentially sensitive issues.

Duties and Responsibilities

You will be required to perform the following:

Contribute to the design and implementation of planning and performance management processes.

Coordinate delivery of the business plan, periodic performance reporting, and other management reports.

Participate in creating narratives, which are linked to financial/operational results.

Participate in creating and delivering presentations related to planning, budgeting, and performance management.

Provide management information and timely analysis on key financial and nonfinancial metrics. This will include corporate reporting and appropriate communication to the organization including variance analysis of forecast and actuals compared to plan.

Review periodic performance and management reports including midyear and year-end accountability and provide comments.

Highlight financial impacts of critical business/operational decisions.

Assist in developing and implementing meaningful intervention actions to enhance performance.

Play an active role in providing support for strategy development and execution.

Assist with driving the operational agenda by ensuring that the organizations performance, operating plans and business plans are accurate, precise, measurable, and achievable.

Coordinate the process for identifying risks to the delivery of plan performance. Review with management and ensure such risks and their mitigation measures are incorporated into forecasts.

Facilitate benchmarking and sharing of best practices across the business line to include bringing competitor insights into performance analysis.

Participate in the development of business cases to quantify benefit of performance improvement initiatives.

Job Detail
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