Job
Title : Manager, Investment Projects
Company
: ADNOC Logistics and Services
ADNOC
is one of the world's leading energy producers, and a primary catalyst for the
growth and diversification of the United Arab Emirates.
Our
diverse family of more than 50,000 employees is made up of over 100 different
nationalities. People from different backgrounds, with unique perspectives and
wide-ranging skillsets, who share a collective responsibility: to enable and
accelerate progress, both here in the UAE and across the globe.
Here
at ADNOC, we go beyond business as usual. We do things differently, challenge
convention, and embrace new ways of thinking. This is what defines and
differentiates us.
By
working together every day, we’re bringing energy to life.
Job Purpose
Manage
the development and assessment of value creation of the assets development to
improve the Return On Capital Employed (ROCE) for the company plants. Conduct
studies and researches that optimize the products and technology outputs, and
cost, quality and efficiency. Align business with innovation and operations to
improve the overall ROCE of the product-business, develop strategic plans for
assets, and identify asset development opportunities; i.e. growth, new
products, variable costs optimization, etc.
Job Specific Accountabilities (Part
1)
Strategic
Project
• Identify value creation projects and initiatives; i.e. new
processes, technologies, synergies among plants, etc. to improve the company’s
profitability.
• Analyse and assess investments and divestments, through
developing business cases and scenarios and analysis for the value chain.
• Lead pre-studies and feasibility studies required to
develop new projects, and identify new or changes in products’ processes to
ensure synergy with the company’s existing and future operations.
• Plan and cascade the implementation of asset integrity and
development’ strategies for the new product to ensure aligned plans in place.
• Propose the Engineering and Technology Studies; i.e.
process technology selection, feasibility studies, market studies, cost
estimation, etc.
Cost & Profitability
• Own and lead the product development projects and major
test runs for new outside of the operating window to ensure alignment with
innovation centre and business.
• Contribute to the identification of products and sourcing
of intermediate chemicals, which is available around the accessible and
profitable markets, as inputs for future studies.
• Assess production costs and initiate cost improvement
projects based on benchmark studies, and propose updates on the intermediate
products and its balance for value creation opportunities.
• Communicate with licensors of new technologies to identify
new opportunities for asset development of the company.
• Communicate and align the initiatives and updates with
other technical and operations team that will contribute to the reduction of
non-prime materials
Structural
Quality Improvements
• Act as a steering manager for investment coming out of the
business cases to ensure projects are delivered with the right quality, cost
and on time.
• Recommend new types of technologies, processes and
workflows that improve efficiency, quality and costs.
• Resolve the interfaces concerns and issues between the
technical communities.
• Contribute to the technical development of innovation ideas
to be translated into investments, and initiatives for future development.
Generic Accountabilities
Operational
Plans
• Develop consistent and realistic long and short term
operational plans for the Department in line with the Division objectives and
manage the implementation of the approved long and short term plans and ensure
they are effectively converted into its performance objectives to realise the
Division Objectives and established service levels.
Budgets and Operational Plans
• Develop and manage the Department annual budget in line
with the Division’s business objectives and operational plans ensuring that
adequate funding provision is made for all Department activities.
• Monitor expenditure against approved Department budget on a
regular basis; investigate, highlight and reconcile any significant variances
to ensure effective performance and cost control.
Policies, Systems, Processes & Procedures
• Develop and implement appropriate Department policies,
processes, systems, standards, procedures and internal controls, Company
guidelines in order to support execution of the Division’s work programs in
line with Company and International standards.
Performance Management
• Contribute to the development of the Division’s KPI’s and
ensure proper cascade of the Performance objectives within the Department
and establish monitoring mechanisms to ensure delivery of these objectives and
promote a performance driven culture.
• Manage the implementation of the Company Performance
Management System for individuals within the Department in accordance with
Company approved guidelines.
People Development
• Develop knowledge, competencies and innovative spirit in
the Department and support the establishment of Personal Development Plans
(PDP’s), Succession Planning and Talent pipeline within the Department in
coordination with the Human Capital to continuously develop employees with
emphasis on UAE Nationals to meet Emiratization targets.
Organisation Structure and Development
• Review, develop and recommend the appropriate organisation
structure for the Department that will best utilise human capital while
proactively incorporating sustainability into the on-going work practices to
meet the business objectives.
Risk Management
• Contribute and support establishment of a Corporate
Integrated Risk Management System within the Department, while identifying and
assessing relevant domain risks and implement measures to manage and mitigate
all identified risks within the Department.
• Communicate corporate business ethics and Company’s Code of
Conduct to employees within the Department and ensure compliance to the
Corporate Policies and guidelines.
Innovation and Continuous Improvement
• Promote an organisation culture that encourages innovation,
enhances employee motivation and supports initiatives for implementation of
Change Management to continuously improve the Department operations and
services.
• Recommend improvements in internal processes against best
practices in pursuit of greater efficiency in line with ISO standards in order
to define intelligent solutions for issues confronting the Department.
Generic Accountabilities (continue)
Health,
Safety, Environment (HSE) and Sustainability
• Support the institution and implementation of an HSE
culture and ensure compliance with relevant HSE policies, procedures, systems
& controls and applicable legislation and sustainability guidelines across
the Department in line with international standards, best practices and ADNOC
Code of Practices.
• Ensure adequate HSE training and induction for all
Department employees to meet HSE standards.
Management Information Systems (MIS) and Reports
• Ensure that all Department MIS and progress reports are
prepared to provide accurate and timely reports and necessary information to
Company Management to effectively manage the business.
Internal Communications
& Working Relationships
- Technical:
Technical, Projects, Operations.
- Product &
Business Management
- Innovation
Centre / Research & Development
- Financial
Control
- Supply Chain
External Communications
& Working Relationships
- Technology
Licensors / OEM
- ADNOC OPCOs
- Engineering /
Technology Providers
- Business Firms
/ Consulting Agencies
Minimum Qualification
- Bachelor Degree
in Industrial Engineering, Engineering or Science.
- Master’s degree in Business, Management or MBA
is preferred.
Minimum Experience,
Knowledge & Skills
- 12 years of
experience, including
- Sound knowledge
in operations management, engineering economics, costing, simulation, and
industrial engineering tools.
- Strong
understanding and working knowledge with financial modelling and
scenarios.
Role
of the positon :
Manage
M&A transactions incl. leading investment cases through stage gates
Partner with BUs in developing investment cases (including assumptions,
financial modelling, packs developments)
Internal investments governance
Manage post investments integration and monitor performance
Required
background
Proven
track record of preparing compelling, high-quality investment cases
Excellent financial analysis (with associated academic and/or professional qualification/accreditation)
Excellent Project Management Skills
Could likely have experience from a tier 1 strategy consulting firm or
investment bank / private equity firm
Experience in one or more of: Oil & Gas, Maritime, Logistics industries is
preferable
KPI: develop and/or conduct full financial review of all investment cases and
M&A
KPI: coordinate with business units and increase revenues and incremental
growth from within ADNOC Group companies
Professional Certifications
Project
Management; PMP.
Work Condition, Physical effort
& Work Environment
Physical
Effort
Minimal
Work
Environment
A/C environment, could be exposed to the prevailing weather conditions like
heat, humidity and dust during occasional site visits.
Additional Details
Job
Family / Sub Family: Business Planning & Performance / Corporate
Excellence
Job Dimension
Revenues/
Budget: As per approved financial budget
Direct Reports: As per organization chart
Indirect Reports: As per organization chart
Group Company: ADNOC Logistics & Services