Job Purpose

Implement approved market research methodologies and solutions for ADNOC\'s growing and evolving hydrocarbons and its refining products. Manage the research team in conducting market intelligence analysis for international oil markets to assess the competitive value of ADNOC\'s hydrocarbons in order to aid the management in the formation of optimum pricing and sales strategies and facilitate better commercial and trading decision while enhancing resource-use and efficiency and covering commercial opportunities for ADNOC and UAE\'s critical stakeholders.
Procure reliable market fundamentals, trends and associated data from various agencies and consultants and lead in-depth analysis and studies to evaluate ADNOC\'s crude and products while closely studying the supply/demand balances in order to assess the way forward.
Assess prices and profitability margins for spot sales transactions to stretch the dollar value.
Manage the price forecasting and analysis for refinery optimization as well as for the five years Business Plan and support MS&T sales team with short-term market outlooks for term contract negotiations.
Provide expertise supported by robust data analytics and reliable market intelligence to MS&T senior management on market condition changes and for new projects and investment opportunities.
Manage the regular population of the 5 years\' business plan in terms of prices forecast balances and assumptions.

Generic Accountabilities

Management

• Plan and supervise the activities of the personnel and resources of the Department to achieve the Division objectives in an efficient and cost-conscious manner while ensuring implementation of approved operational plans for the Department in line with Division objectives.
• Develop the 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 Capability Group to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets.

Budgets and Operational Plans

• Compile and provide input for preparation of the Division budgets and regularly monitor expenditure against approved the Department budget levels.
• Investigate, highlight and reconcile any significant variances to ensure effective performance and cost control.

Policies, Systems, Processes and Procedures

• Lead the implementation of approved Department policies, processes, systems, standards, procedures and internal controls in order to support execution of the Division work programs in line with Company and International standards.

Performance Management

• Implement the Company Performance Management System for individuals within the Department in accordance with Company approved guidelines and continuously monitor the achievement of the Department KPIs related to the approved Annual Performance Management Contract and the Balanced Score Card.

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.

Innovation and Continuous Improvement

• Encourage innovation, enhance employee motivation and support initiatives for implementation of Change Management to continuously improve operations and services.
• Propose 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.

Health, Safety, Environment (HSE) and Sustainability

• Support the institution 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

• Prepare all Department MIS and progress reports to provide accurate and timely reports and necessary information to Company Management to effectively manage the business.

Internal Communications & Working Relationships

• Regular work related contacts with SVP, VP, peer Department Manager and all reporting staff and team members within the Function on matters related to the Marketing strategy and policies, operations, administration, people, HSE and integrity.
• Regular contacts with senior management of all Functions in MS&T.
• Regular contacts with other Directorates (like Finance, Upstream, Downstream, Group IT, etc.) for Marketing strategies and planning.
• Regular contact with Executive Management of ADNOC Group Companies.

External Communications & Working Relationships

• Contacts with third party service provider, suppliers, consultants and industry experts.
• Frequent contacts with ADNOC Shareholder and partners for discussion, exchange of information / expertise purposes.

Minimum Qualification

Bachelor\'s degree in Economics / Business Administration / Finance / Accounting.

Minimum Experience, Knowledge & Skills

15 years of work experience in Oil and Gas or Petrochemical Industry, at least 8 of which should have been in Marketing, Supply & Trading business related to market research activities at a supervisory level.

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