WHO IS OUR CLIENT?

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

WHAT IS YOUR CHALLENGE?

We are seeking a Downstream Pricing Analyst to join our Global Optimizer Development Department (GOD).

The (GOD) charter is to optimize crude allocation and the operations of global manufacturing facilities in order to maximize revenue, increase profitability, and capture international market opportunities.

Your primary role is to be responsible for developing and enhancing price forecast visualization tool, compute and issue transfer prices and coordinate with stakeholders to validate price implementation. In that capacity the incumbent shall be the primary source for refined products, crude, chemicals and freights forecast needed by Global Optimizer team and Affiliates Affairs organization. Continuously assess transfer prices implementation.

REQUIREMENTS

The successful candidate must have a Bachelor Degree in Statistics, Commerce, Marketing, Engineering, Business Administration or closely related subject.

• Post-graduate education or equivalent experience in MBA/ Statistics/Economics is desirable.
• Deep knowledge of model development and utilization of MS Excel functions.
• Detailed understanding of downstream business and supply chain.
• Minimum of 8+ years of relevant professional experience (preferable in oil & gas downstream business), including 3+ years in field as data analytics including market research, corporate planning, business development).
• Must have excellent communication and interpersonal skills and work effectively in cross functional teams.

RESPONSABILITIES

As the successful candidate you will be required to perform the following:

• Develop, maintain, and continuously improve fit-for–purpose price forecast visualization tools.
• Consult with Pricing Insights and Market Analysis team and Asset Economists (AE) to gather information on global events affecting energy/ oil & gas market and market trends.
• Gather data from forward curves of all crude and products, market premium or discount values, costs of freight and other elements of Transfer Prices.
• Compute transfer prices daily for M till M+3, according to the planning cycle.
• Coordinate with AEs and market insights for review and validation of prices to be issued.
• Issue price forecast weekly to the AEs to ensure timely identification of opportunities, estimate up lift margins and serve as a basis for negotiations among stakeholders.
• Issue actual transfer prices on the last day of the month for the following month, to allow for timely review.
• Perform periodic lookback of TP forecasting quality and identify trends.
• Perform random checks and assist accounting department to maintain quality of implemented prices on Standard and Non-Standard Cargoes.

REWARDS & BENEFITS OVERVIEW

Our client offers excellent compensation and industry-leading benefits and other programs designed to meet the diverse needs of their employees and their families.

Salary - commensurate with experience and individual qualifications.

Salary packages can include expatriate premiums & supplemental benefits plans

Annual bonus

Housing: housing allowance

Healthcare: Access to top-notch healthcare is an important part of working as an expatriate for our client.

Dependent Education: High School allowance

Annual vacation: 22 days of vacation leave per year. In addition to annual vacations days, employees also receive 11 paid company holidays each year.

Repatriation allowance: Annually round trip to your home country.

THE STAGES OF THIS PROCESS ARE:

1. Resume Evaluation: A member of our recruitment team will evaluate that your resume matches the client's job description requirement.

Use the job description requirements to highlight your relevant experience and skills.

Be specific and describe the significance of your work, keyword alignment is important. Emphasize the impact of the work you've contributed to HR areas and tasks. Use your professional profile/resume to focus on major accomplishments and qualifications that match the job.

If your resume evaluation is suitable for this position, the recruitment team will invite you to a preliminary phone/video interview in 2-3 days.

If your resume evaluation is not suitable, you will be receiving an e-mail notification in 2-3 days.

2. Interviews stage

2.1 LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position, your interests, and qualifications. Furthermore, your English level will be evaluated at this stage, ONLY native or advanced speakers will approve this evaluation.

If this preliminary phone/video interview is successful your resume will be submitted to our client.

If your preliminary phone/video interview is not successful our Talent Acquisition consultant will inform you.

2.2 Client phone/video interview: This interview will happen only if your resume is approved by our client, we cannot guarantee the time our Client will take to approve your resume, but it should take less than a week.

If your resume is approved a member of the Talent Acquisition Team from our client will schedule a call with you to evaluate your qualifications.

The client interview contains technical questions that help assess your familiarity with problem-solving in your given field and may include a behavioral evaluation. Be prepared to explain how you approach problems and produce solutions.

If your phone interview is successful, the hiring team will further evaluate your resume, and they will invite you to a video interview when hiring managers are available.

If your resume is not approved, LHR Americas will inform you.

2.3 Video interviews with hiring managers: which may also contain technical questions that help us assess your familiarity with problem-solving in your given field.

3. Conditional Offer

A successful interview may result in a conditional offer of employment.

Conditions for employment include but are not limited to: medical examinations, and permission to secure a visa to work and reside in-country.

4. Relocation process

After your offer is accepted and all conditions for employment are met, you will be assigned a relocation advisor from LHR Americas. This advisor is your go-to resource for the transition, providing helpful advice on everything from when to give notice to your current employer to visa services.