Overview:

We are seeking a Downstream Strategist to join Fuels Strategy & Capital Planning Department.

Fuels Strategy & Capital Planning Department assumes the responsibility of developing Fuels' Business Unit (BU) strategy, performing capital management, initiating portfolio synergies/optimization opportunities, and conducting financial management activities.

Your primary role is to perform as the subject matter expert in Downstream strategy and scenario planning and act as the "BU Advisor" for Downstream business-related issues. You will independently initiate research on wide-ranging topics that look into long-term scenarios that might impact the BU's competitive advantage and will prepare research and special studies and analysis as required, for the Strategic Council and other Corporate Committees.

Minimum Requirements:

• As the successful candidate you will hold Bachelor degree in Engineering, Economics, Business Administration, Accounting, Financial Management or closely related specialty. An advanced degree is preferred
• You will have 15 years of experience in combination of refining, chemicals, trading and retail marketing business, of which at least 5 years were in strategy formulation, scenario planning, and/or strategic planning

Duties & Responsibilities:

• Serve as subject matter expert in Downstream strategy and scenario planning.
• Prepare research, special studies and market analysis as required, for the Downstream Strategy Council and other Corporate and Downstream Committees. These reports and market analysis will feed into the development of scenarios.
• Collaborates in a group of strategists responsible for articulating the overall Fuels' BU strategy, as well as the formulation of the outlook scenarios.
• Collaborate in a group of strategists and planners responsible for development of the Fuels BU long-term strategic plans, including capital/resource allocation plans.
• Build a strong relationship with think tanks and industry experts to keep abreast of key developments in the Downstream business globally, as well as other arenas that could impact the company's Downstream competitive performance. This includes developments in technology, geopolitics, regulations, Saudi government's plans, and Downstream industry in general.
• Independently initiate research on wide-ranging topics that look into long-term scenarios that might impact the Company's competitive advantage in the Downstream business.

Benefits:

• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term Disability: In the event you are unable to work due to illness or injury, short-term disability income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.

BH4931

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