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Client of Matcha Talent

Downstream Assets Manager

Early Applicant
  • 4 months ago
  • Be among the first 50 applicants

Job Description

Job Summary
We are seeking a Downstream Assets Manager to join the Fuels Affiliates Affairs Department (FAAD). FAAD serves as the designated shareholder representative of This Company s equity interest in domestic and international affiliates. The department's mission is to manage This Company's portfolio investments to maximize value and achieve profitable, sustainable performance.
FAAD achieves this through aligning affiliate and corporate strategies, unlocking synergies within the portfolio, and providing technical engineering and human resource support. Additionally, FAAD oversees This Company management and liaises with joint venture (JV) partners on matters including corporate governance, government regulations, venture strategy, contract management, and performance updates to executive management and affiliate board members.
Your primary role as the Downstream Assets Manager will be to act as the main point of contact between This Company and JV partners. You will oversee the financial performance of the JV, issue periodic reports to management, and monitor corporate governance to ensure alignment with strategic goals and regulatory requirements.
Key Responsibilities:
Brief the Company s Directors for Board meetings and key decisions, and prepare support materials as needed.
Oversee or conduct analysis on joint ventures (JVs), prepare materials for internal approvals (e.g., capital investments), and manage review and alignment processes.
Assist JVs in accessing resources and services (e.g., skills, data, tools, best practices, relationships) inside the company.
Monitor, manage, or coordinate information requests, audits, site visits, and communications between This Company and JVs.
Understand all interfaces (e.g., services, support agreements) between the company and JVs, and intervene where necessary to ensure value creation and maintain support.
Manage ongoing operational and financial performance reporting, including internal metrics/tracking and investor-level reporting.
Help develop the company s strategy and business plan for JVs.
Develop and drive the implementation of a coordinated influencing plan in line with the company s approved strategy and business plan.
Proactively identify opportunities for performance improvement or synergy capture, develop associated business cases, and negotiate with JVs/partners to adopt.
Develop and annually update JVs risk registries, including separate company and JV risks.
Requirements:
Willingness to relocate to Dhahran, Saudi Arabia.
Hold a Bachelor s degree in Chemical Engineering, Mechanical Engineering, or System Engineering.
Seven plus years relevant experience.
Thorough knowledge of engineering practices and US codes, standards, and specifications.
High-level understanding of technical and operational issues in refining and/or petrochemical facilities; in-depth technical knowledge is a plus.
Demonstrate a good understanding of planning, economics, and financial controls (related to OPEX, CAPEX, investment decisions, NPV calculation, business case development, etc.).
Understanding of Saudi social, political, regulatory, and economic context, especially related to Downstream.
Ability to shape strategic objectives in a JV, and those of partner(s), and utilize best practices for managing partnerships.

Desired Candidate Profile


Education:
Any Graduation()
Gender:
nm
Nationality:
Any Nationality

More Info

Industry:Other

Function:Power

Job Type:Permanent Job

Skills Required

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Date Posted: 29/06/2024

Job ID: 83408803

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Last Updated: 17-10-2024 09:20:43 AM
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