Saudi Aramco, a fully integrated, global petroleum and chemicals enterprise, is the state-owned oil company of the Kingdom of Saudi Arabia. Through our 80-year history we have become a world leader in hydrocarbons exploration, production, refining, distribution, shipping and marketing, and the world’s top exporter of crude oil and natural gas liquids (NGLs). We manage proven conventional crude oil and condensate reserves of 260.2 billion barrels. Our average daily crude production in 2013 was 9.4 million barrels per day (bpd).
We are seeking a Financial Development Consultant to join the Project Advisory Division (PAD) of the Corporate Finance & Project Development Department (CF&PD)
PAD is responsible for providing financial and economic analyses for various Company initiatives. Activities include valuation analyses for Merger, Acquisition, and Divestitures opportunities; economic and financial modeling of potential joint venture opportunities, including assessment of debt capacity and support of project financings; and analytical support for existing joint ventures and wholly owned affiliates in the areas of third-party financing and capital expansion programs. CF&PD is a part of the Finance, Strategy & Development organization in Saudi Aramco and reports to the Treasurer. Its objectives are to provide expert financial advice to organizations developing new businesses or joint ventures and obtain debt and equity capital for such new business ventures when appropriate.
As the successful candidate you will have a Bachelors' degree in Finance, Economics, Accounting, Math, or Business. An MBA or other advanced business degree is preferred. Completion of Finance/Accounting professional credential is also preferred.
You must have a history of career progression with at least 15 years of related financial development work experience, preferably in a banking environment or a major petrochemical or energy industry corporation.
A strong preference will be given to candidates with significant experience with Commercial Credit, Capital Markets, Strategic Planning, Economic Evaluations, Cash Flow & Variance Analysis, Commercial Negotiations, and exposure to multilateral agreements, export credit agencies, Islamic finance, structured finance, project finance, and/or financial modeling.
The ability to quickly establish credibility in the position and to effectively interact with all levels of management, including senior leadership.
Demonstrable leadership and management experience.
Superior written and verbal communication and presentation skills. Strong command of English. Knowledge of Arabic a plus.
A strong ability to establish and maintain networks, both within and across Company organizations.
The capability to work effectively within a matrix organization and with multidisciplinary teams.
Duties & Responsibilities:
You are required to perform the following:
Responsible for financial (including project financing and/or structured financing) aspects of potential joint ventures, mergers, and acquisitions in the energy, chemicals, power, and infrastructure business sectors, as well as for providing economic evaluation and financing support to existing joint ventures.
You will handle complex, non-routine financial or banking projects, which have little precedent, develops and interprets data used in highly technical and confidential analysis, assists in the development of positions relative to new problem areas of situations and develops polices, programs, and procedures.
Provide professional and technical expertise for the analysis and solution of complex problems in any Treasury financial commercial area.
Review of current Treasury financial commercial procedures, identify potential problems, and recommend solutions.
Keep abreast of, and analyze, international and regional economic data; identify trends that may affect the Company.
Collaborate with professionals in the Financial Analysis, Business Development, Legal, and Operational/Technical disciplines, as relevant, to provide financial direction for relevant projects
Provide work direction to more junior professional Financial Analysts.
Assist in the formulation and implementation of Treasury policies and procedures to prevent or resolve problems and follow up on implemented changes to ensure the problem has been resolved.
Represent the Treasury organization when needed in special projects, ad hoc committees, or task forces established to facilitate and ensure the Company's realization of its business plan and strategic objectives.