Planning & Performance Management Analyst Saudi Arabia based

Position Description

We are seeking a seasoned Planning & Performance Management Analyst to join the Downstream Finance, Planning and Performance Management Department (DSP&PMD).

DSP&PMD is primarily responsible for periodic performance reporting and the coordination, consolidation and preparation of the annual Downstream Business Plan, Period Business performance review and Midyear/Year-end Accountability reporting. This includes the prepartion of presentations for Senior / Executive Management and the Board of Directors. The Department includes personnel serving as liaisons with the various business segments and units, coordinating planning and performance reporting activities, undertaking variance analysis, identifying performance enhancement opportunities and resolving issuesand various other ad-hoc reporting requirements such as benchmarking activities.

The Senior Planning & Performance Management Analyst primary role is to support the management of multi-billion USD business product lines and their consolidation into the Downstream business results. The Analysts will also look to identify opportunities to improve business performance (i.e. performance management rather than just reporting) and share these with the business with the aim of implementation.

The successful candidate will:

• Plan, execute and lead planning and performance management (P&PM) analytical activities under the broad guidance of higher-level P&PM staff and supervisors of the hiring organization, particularly in resolving complex, cross-functional, non-routine and/or design issues
• Generate analytical findings and recommendations across the scope of objectives and deliverables of the organization, either independently or in collaboration with others
• Proactively identify and provide solutions for problems and issues that arise in his/her assigned areas
• Develop and maintain close partnerships with business/operational counterparts of the P&PM organization in his/her assigned areas, and represent his/her organization in cross-functional, cross-organizational teams involved in P&PM-related tasks
• Participate in planning initiatives of his/her organization, may be assigned to lead and supervise work streams and be significantly involved in mentoring others on P&PM practice

Minimum Requirements

As the successful candidate, you will hold a Bachelor’s degree in Finance, Business, Engineering, or a related discipline. Possession of an advanced business degree (e.g., MBA) and/or relevant professional certification (e.g., CMA, CFA, CPA) is preferred.

You should have more than 12 years of related, industry relevant experience. You will demonstrate a strong commercial and financial understanding of the Downstream value chain (or specific elements of it, such as Chemicals, Trading or Refining). A demonstrated capability and track record in the practice of planning and performance management, including but not limited to;

• Performance analysis, assessment and reporting
• Financial (IFRS) reporting
• Business planning / budgeting
• Business case preparation
• Project management
• Financial modelling

• Experience working in one or more of the Downstream value chain business , particularly in P&PM functions
• Ability to manage, and analyze large volumes of data. Experience of business intelligence tools would be advantageous
• Possess solid knowledge and understanding of management accounting, finance and Excel
• Articulating complex analysis into simple concepts supported by strong written and presentation skills

Duties & Responsibilities

You will be required to perform the following:

• Business Planning, Forecasting and Reporting
• Provide analysis, explanations and recommendations relating to regular Planning & Performance Management (P&PM) tasks such as business plan preparation and periodic performance tracking, measurement analysis and reporting
• Conduct special P&PM-related studies such as the development of performance initiatives and business cases, scorecard development and monitoring, target setting, benchmarking, risk management, design and re-design of measurements, processes and workflows, and information system related changes
• Develop new financial models or review segment related models providing economic insights on earnings, investments and energy market matters
• Develop benchmarking analysis to identify value opportunities