Senior Specialist, Business Management

JOB PURPOSE :

Plan and coordinate the design, development, monitoring and analysis of ADNOC Distribution Business Division performance measures and reporting in liaison with the Asset Management teams and reporting companies' performance management Functions.

Monitor ADNOC Distribution Business Division and its reporting company's performance and analyses the associated findings and provide recommendations to ensure alignment with ADNOC's vision/mission and the sustenance of performance-driven culture.

Identify areas of improvements and supervise the administration of the Division's performance management system in coordination with ADNOC Corporate Performance Team and reporting companies.

Supervise the process of developing ADNOC Distribution Business Division's performance scorecards and provide and challenge the metrics targets.

Review and control asset management activities from strategic business plans and governance sides and perform business analytics and financial analysis including costs and revenues controlling and operations cost controlling activities and follow up asset performance actions.

Provide financial analysis and support to the Asset Manager, anticipating impact of changes in the business environment and making recommendations.

KEY ACCOUNTABILITIES:

Downstream Industry, Marketing & Trading Performance Scorecards and KPIs:

• Coordinate and develop the performance scorecard for ADNOC Distribution Business Division , including development and challenging ADNOC Distribution Business Division performance measures and targets when available.
• Monitor the performance management framework and the KPI's reported data and highlight the gaps and/or issues across ADNOC Distribution Business Division and business line companies.
• Provide and review the analysis of the performance scorecards on monthly basis and assist Division 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 the Distribution Business Division strategy through the design and monitoring of relevant Key Performance Indicators (KPIs) assigned to the strategy action plans.
• Establish a performance management framework, develop and maintain Division scorecard KPIs
• Submit Comprehensive Analytical Reports that are Performance Related when required
• Support and Deliver Adhoc requirements received from Downstream Industry, Marketing & Trading Leadership
• Coordinate and support the delivery of talking Points required for DM&T Executive Director meetings (i.e. BOD meeting, external stakeholders meeting, etc)

• Coordinate the design and development of the performance metrics used at the corporate level and business Function level.
• Suggest, prepare and supervise ad hoc quantitative analytical assignments, as requested.
• Check the consistency, understand the related performance issues when overseeing the monthly performance reports
• Interact with various Downstream Industry, Marketing & Trading , Functions and Group Companies on the implementation of initiatives related to the performance and efficiency enhancement as part of ADNOC's strategic development.
• Review the analysis on new client registration and oversees the re-evaluation of the existing clients on a periodic basis in order to safeguard ADNOC's interests

• Supervise the CPMS system to ensure data consistency and quality.
• Scope and coordinate relevant data requests collection mechanism and ensure accuracy in coordination with relevant stakeholders.
• Oversee the development and maintenance of the Downstream Industry, Marketing & Trading performance databases.

• Perform a range of business analysis including costs & revenues controlling and operations cost controlling activities to report on asset performance and follow-up asset performance actions.
• Review and control budgets and forecasts for the assets managed.
• Use increasing insight to identify and implement improvements that increase the business value and efficiency of the work performed. Initiate and/or oversee increasingly complex projects and continuous improvement activities.
• Review the progress of ADNOC Distribution asset through metric reporting, analysis and identifying variances from plans in order to ensure compliance as per planned timelines, quality and budget.

• Asses ADNOC Distribution portfolio status, future needs, and investments objectives.
• Review and control ADNOC Distribution Business plan development and ensure its compliance with approved strategy and objectives.
• Review all ADNOC Distribution business plan submission elements, as well as represent the asset throughout overall ADNOC business plan definition process.
• In conjunction with management, contribute to the strategy development and control the implementation of the strategy with overall compliance.

• Support the business development of ADNOC Distribution and build-up of investment opportunities that maximizes financial and shareholders' returns.
• Extensively research market opportunities in aim of business development.
• Collaborate with ADNOC Economic, Trading and Intelligence units to accurately evaluate investment opportunities.
• Analyse captive opportunities and support the establishment of strategic business development agreements with Distribution and ADNOC Group Companies.
• Support ADNOC Distribution business growth within open market.

• 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.
• Record and track all transactions related to ADNOC's assets.
• Develop strategies and prepare budgets and forecasts for the assets managed.
• 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).

• Proactively participate and contribute to the designing, development and establishment of ADNOC Distribution 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 ADNOC Distribution Business Impact Analysis development and review process.
• Validate ADNOC Distribution Business Continuity Plan and ensure effective assessment of required systems and resources.

• 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.

• 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.

• 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.

• Contribute to the achievement of the approved Performance Objectives for the Function/ Division / Department/ Section in line with the Company Performance framework.

• 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.

• Comply with relevant HSE policies, procedures, controls, applicable legislation, and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.

• Provide inputs to prepare MIS and progress reports for Company Management.

COMMUNICATIONS & WORKING RELATIONSHIPS:

• Daily contact with Line Manager and other team members from Distribution 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 senior management or ADNOC Distribution on management and monitoring of the asset's business programs and initiatives.

• 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.

• Bachelor's Degree in Economics/ Business Management or Engineering, or equivalent, preferably with specialized training in business/asset management systems/processes

• 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