JOB PURPOSE:
Responsible for overseeing and managing assigned assets to ensure optimal performance and value creation.
Requires strategic thinking, strong analytical skills, a comprehensive understanding of the retail industry and the
oil and gas industry, as well as the ability to adapt to changing market conditions and technological
advancements.
Reviews and controls asset management activities from strategic plans and governance perspectives. It
includes performing business analytics and financial analysis, such as cost control and operations cost
management, and providing financial insights to support the business line by anticipating changes and
recommending actions.
Job Specific:
- Coordinate and develop the performance scorecard for assigned business asset, including development and
challenging the performance measures and targets when available.
- Monitor the performance management framework and the KPI’s reported data and highlight he gaps and/or
issues across the assigned asset.
- Provide and review the analysis of the performance scorecards on monthly basis and assist the assigned asset
to mitigate areas of concerns to realize the strategic objectives in line with ADNOC’s Vision and Mission in the
short and long term.
- Support Business strategy through the design and monitoring of relevant Key Performance Indicators (KPIs)
assigned to the strategy action plans.
- Support and Deliver Ad hoc requirements received from Downstream Industry, Marketing & Trading.
Leadership Business Performance Management:
- Support in reviewing of Assigned business asset Annual and five-year business plans related to HSE,
Marketing, Operations, Reliability, availability, Asset utilization, manpower and finance with emphasis on
emissions, energy savings, maximizing plant utilization and optimizing maintenance costs to ensure alignment
with corporate business plans.
- Support in audits and contribute in analysis of benchmarking studies to enhance competitiveness and
profitability.
- Review implementation of long-term agreements with ADNOC group companies regarding feedstock and
utilities supply and payments, in accordance with the terms and conditions of such contracts to avoid any
deviations and discrepancies.
- Review evaluation and finalization of commercial terms and Development / Amendment of Corporate,
Commercial and Technology Agreements. Coordinate with relevant stakeholders for the successful completion
of the Agreement related matters.
- Support in the proceedings of the Tender Board and provide relevant technical, financial and risk advice and
information to Management on all commercial requests, in line with business requirements
- Coordinate and support the delivery of talking Points required for DM&T CEO (i.e. BOD meeting, EXCOM
meeting, etc)
- In conjunction with management, contribute to the strategy development and control the implementation of the
strategy with overall compliance.
Business Development and Safeguarding Shareholder Value
- Support the business development of Assigned business asset and build-up of investment opportunities that
maximizes financial and shareholders’ returns.
- Collaborate with ADNOCs Economics, Trading and Intelligence units to accurately evaluate investment
opportunities.
- Analyse captive opportunities and support the establishment of strategic business development agreements
with the asset and ADNOC Group Companies.
- Support assigned asset’s business growth within open market.
Financial Analysis
- Proactively identify financial reporting risks and opportunities and translate that into decision-useful
improvement recommendations.
- Provide financial analysis and support, anticipating impact of changes in the business environment and making
recommendations.
- Develop strategies and prepare budgets and forecasts.
- Support in prioritizing investment opportunities and capex expenditure to ensure maximum rate of return based
on strategic analyses and financial metrics (e.g. ROCE, IRR, WACC, and NPV).
Risk Management
- Proactively participate and contribute to the designing, development and establishment of assigned asset
integrated Risk Management Framework while identifying and assessing relevant domain risks and recommend
planning, management and control measures to mitigate the identified risks within the Unit.
- Participate in assigned asset’s Business Impact Analysis development and review process.
- Validate assigned asset’s Business Continuity Plan and ensure effective assessment of required systems and
resources.
Generic Supervision
- Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
- Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and
deliver the respective business objectives.
Budgets
- Provide input for preparation of the Function / Division / Department / Section budgets, assist in the
implementation of the approved Budget, and work plans to deliver business objectives.
- Investigate and highlight any significant variances to support effective performance and cost control.
Policies, Systems, Processes & Procedures
- Implement approved Function/ Division/ Department/ Section policies, processes, systems, standards and
procedures in order to support execution of the work programs in line with Company and International standards.
Performance Management
- Contribute to the achievement of the approved Performance Objectives for the Function/ Division / Department/
Section in line with the Company Performance framework.
Innovation and Continuous Improvement
- Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
- Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with
best industry standards in order to define intelligent solutions for issues confronting the function.
Health, Safety, Environment (HSE) and Sustainability.
- Comply with relevant HSE policies, procedures, controls, applicable legislation, and sustainability guidelines in
line with international standards, best practices and ADNOC Code of Practices.
Reports
- Provide inputs to prepare MIS and progress reports for Company Management.
COMMUNICATION & WORKING RELATIONSHIP:
Internal:
- Daily contact with Line Manager and other team members from the Business.
- Regular interaction with the Downstream Industry, Marketing & Trading Directorate Management for setting up
KPI’s and monitoring performance.
- Regular contacts with Group Performance team within HQ and Downstream Industry, Marketing & Trading
Group companies Performance Management team.
- Occasionally contact with other Directorates within ADNOC for exchange of information and/or discussion
purpose.
- Regular contact with assets senior management on management and monitoring of the asset’s business
programs and initiatives.
External:
- Regular contacts with shareholders to discuss and negotiate various matters at Board meetings.
- Contacts with external consultants, industry experts and third party service providers as required.
QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:
Minimum Qualification
- Bachelor’s Degree in Economics/ Business Management or Engineering, or equivalent, preferably with
specialized training in performance management systems/processes
Minimum Experience & Knowledge & Skills
- 10 years of relevant professional experience including 5 years specifically in the Oil and Downstream or
Marketing industry.
- Exposure to multiple facets in an integrated energy and petrochemical company.
- Experience in analytical data-driven thinking and decision-making
CORE / TECHNICAL SKILLS:
AI Fluency (L3), AI-Driven Process Optimization (L4), Intelligent Data Interpretation (L4), Long Term Business
Planning (L3), Benchmarking Analysis (L4), Performance Management and KPI Alignment (L4), International
Finance Corporation Performance Standards Compliance (L3), Outsourcing Management (L4), Business
Continuity and Disaster Recovery Planning (L3), Business Planning and Performance Measurement (L4),
Corporate Reporting (L4), Joint Venture Reporting (L4), Building Organizatinal Business Risk Capability (L2),
Business Risk Management Governance Model and Strategy (L2), Business Risk Management Process (L3),
Analytical Skills (L1), Performance Management Methodology (L1), Workshop Facilitation (L3), Data Analysis,
Interpretation and Visualization (L3), Human Capital System Management (L3), Strategic Relations (L3),
Stakeholder Management (L3), Strategic Planning and Management (L4)