Overview

The incumbent is 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 in 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. Has decent prior work experience in the downstream oil & gas industry with the exposure to market studies model development and outlook projection. Proven ability to develop and maintain complex models and perform analytical & statistical exercise.

Duties & Responsibilities

• Develop maintain and continuously improve fitforpurpose price forecast visualization tools.
• Consult with Pricing Insights and Market Analysis team and AEs 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 M3 according to the planning cycle.
• Coordinate with AEs & 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 uplift margins and serve as a basis for negotiations among stakeholders.
• Issue actual transfer prices on the last day of M1 for M to allow for timely review.
• Perform periodic lookback of TP forecasting quality and identify trends.
• Perform random checks and assist OAD to QA implemented prices on Standard and NonStandard Cargoes.

Minimum Requirements

• Bachelor Degree in Statistics Commerce Marketing Engineering Business Administration or closely related specialty.
• Postgraduate education or equivalent experience in MBA/ Statistics/Economics is desirable.
• Deep knowledge of model development and utilization of excel functions.
• Decent understanding of downstream business and supply chain.
• 5 to 10 years relevant professional experience (preferable in oil & gas downstream business) including several 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.

Working environment

Our highperforming employees are drawn by the challenging and rewarding professional technical and industrial opportunities we offer and are remunerated accordingly. At Aramco our people work on truly worldscale projects supported by investment in capital and technology that is second to none. And because as a global energy company we are faced with addressing some of the worlds biggest technical logistical and environmental challenges we invest heavily in talent development. We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sectorspecific knowledge and competencies through our workforce development programs one of the largest in the world