Job Description

JOB PURPOSE: Support in measurement of the various ADNOC distribution asset performance and return, asset strategy. Work along with businesses to maximize the overall realization and optimize cost by integrating technologies to eliminate inefficiencies, exploiting synergies across different business division, developing and identifying new avenues to increase return and utilization from existing assets. KEY ACCOUNTABILITIES: Job Specific Accountabilities Asset Management Planning and Communication Support in development and preparation of the Asset Strategy and the Strategic Asset Management plans for various classes of assets including Corporate Assets, Service Stations, Manufacturing Facilities and other properties and assets in ADNOC Distribution. Closely work with user department and define asset service levels, asset policies and lifecycle processes to ensure the assets support the goals of "Asset Sustainability". Prepare Corporate Strategic Asset Management Plan awareness program and circulate it with high level of communication to user department. Model and Metrics Development Develop and prepare the metrics/ standards, financial model for assessing feasibility and returns including defining various definite and indefinite variables, various quantitative models for different category of assets in ADNOC Distribution. Review and incorporate relevant market policies, rules, and other qualitative factors into asset optimization and utilization models. Asset Performance Measurement, Monitoring and Reporting Closely work with user department to monitor and ensure that all the ADNOC Distribution assets and facilities usage/ utilization, performance is in line with the Strategic Asset Management Plan and prepare periodic reports to share performance and return from different asset classes with the leadership and Senior Management. Asset Optimization Project Work closely with concerned user department like Retail sales, projects, admin, C Stores, supply chain etc. and identify ways to optimize asset performance, exploiting synergies across various divisions across ADNOC Distribution to maximize return and optimize cost. Coordinate with EPD, retail and other user department for managing and implementing project to improve the asset longevity, performance and overall return. Continuously monitor the project progress and timely escalate any challenges and issues to management. Others Study the latest market practices, participate in seminars and conferences on latest technologies and changes happening in the downstream oil distribution business, practices followed in similar industries like retail, superstore chains, etc. to identify innovative approaches and leverage the learning in improving the overall asset utilization and returns. Prepare, develop, implement and manage an asset risk management process to determine the risk profiles of the asset categories and mitigation actions. Perform other responsibilities associated with this position when appropriate. COMMUNICATIONS & WORKING RELATIONSHIPS: Internal All division and function heads in ADNOC Distribution ELT Finance External Government and strategic clients Consultants QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS: Minimum Qualification Bachelor's in Finance/ Business Administration or any other relevant discipline MBA in finance will be preferable. Minimum Experience & Knowledge & Skills 6-7 years of experience across various functions in Oil and Gas Retailer including Strategy, Asset Optimization etc. Experience of developing strategic plans for service-based industry. In depth knowledge of ADNOC Distribution's business objectives, operations and of the regional laws and regulations Strategic thinking