Job Description

Business Support & Commercial Specialist, Business Development (Investment & Corporate Solutions) Job Title: Specialist, Investment & Corporate Solutions Reports to: Manager, Investment Projects Unit / Division: Corporate Strategy & Business Development Department / Team / Section: Business Development Prepared / Revision: January, 2021 Job Family / Sub Family: Business Planning & Performance / Enterprise Risk Location: Abu Dhabi (Head Office) JOB PURPOSE: Lead the development of company growth plans and develop an investment portfolio to maintain highest returns to the company in collaboration with all business units. Support various stakeholders to identify, analyse and advance investment cases through developing adequate financial and investment tools. KEY ACCOUNTABILITIES: Manages various investment projects/ transactions such as new business opportunities, M&As, JVs, etc. Support business units in developing investment cases including identification of the right business assumptions, development of financial models and preparations of all relevant presentation packs to advance the case through the investment committee governance process Undertake and manage the necessary due diligence, financial modelling, risk analysis and mitigation in the structuring of loans, equity investments Monitor and report post investments integration and monitor performance Works closely with the strategy team to assess financial information and investment opportunities for the company using different strategies Uses complex financial models to project future earning and profit potential and uses this data to inform decisions and proposals Work closely with the market intelligence team and provide management with up-to-date information on market dynamics Develops relationships with clients and expands client network in professional and social settings Analyze, evaluate, and forecast current project status against an established investment baseline. Monitor and provide adequate support during all phases of projects implementation. Ensure that all project execution strategies are in line with company strategic objective and management expectation. Prepare management reports and provides advice to management. Generic Accountabilities Supervision Plan, supervise and coordinate all activities in the assigned area to meet functional objectives. Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective Team objectives. Budgets Provide input for preparation of the Department/ Team budgets and assist in the implementation of the approved Budget and work plans to deliver Team objectives. Investigate and highlight any significant variances to support effective performance and cost control. All parties consent to this document being signed electronically - JOB DESCRIPTION Specialist, Investment & Corporate Solutions Planning & Performance / Enterprise Risk ADNOC Classification: Internal Policies, Systems, Processes & Procedures Implement approved Department / Team policies, processes, systems, standards, and procedures to support execution of the Department / Team's work programs in line with Company and International standards. Comply with all applicable legislation and legal regulations. Performance Management Contribute to the achievement of the approved Performance Objectives for the Department / Team in line with the Company Performance framework. Innovation and Continuous Improvement Design and implement new tools and techniques to improve the quality and efficiency of operational processes. Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards to define intelligent solutions for issues confronting the function. Health, Safety, Environment (HSE) and Sustainability Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices Reports Provide inputs to prepare Team MIS and progress reports for Company Management COMMUNICATIONS & WORKING RELATIONSHIPS: Internal SVPs, VPs, and other employees in ADNOC L&S as needed Manager, Investment Projects External Partners, customers, and clients. Vendors and consultants ADNOC HQ and other group companies' representatives etc. QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS: Minimum Qualification Bachelor's degree or equivalent in a related field and a minimum of ten years of experience in a relevant role. Excellent verbal and written communication skills. Able to systematize and churn through a large volume of information and responsibilities. Strong organizational skill and attention to detail. Excellent time management skills with proven ability to meet deadlines. Minimum Experience & Knowledge & Skills 8 years of experience, including 5 years of supervisory experience Excellent verbal and written communication skills. Able to systematize and churn through a large volume of information and responsibilities. Strong organizational skill and attention to detail. Excellent time management skills with proven ability to meet deadlines. Professional Certifications NIL TECHNICAL COMPETENCIES: As per the approved ADNOC Competency dictionary. BEHAVIOURAL COMPETENCIES: As per the approved ADNOC Competency dictionary Job Purpose Evaluate & develop opportunities aimed at future partnership & collaboration in the target areas in line with Downstream strategy. Engage & work constructively with internal & external parties and stakeholders to achieve alignment throughout the deal process. Manage shortlisted deal opportunities through the various stages of the deal cycle with the aim of successful culmination in the form of formal agreements. Maintain a balance between time & resource management in the context of the best approach for successful deal finalization. Develop & foster formal and informal networks within the petrochemical industry at a global level with the objective of understanding & identifying opportunities & threats to ADNOC, and proactively using the knowledge to bring value to ADNOC while aligning ADNOC Downstream on market trends & developments that have an impact on strategic objectives. Job Specific Accountabilities (Part 1) Chemicals Business Development Develop techno-economic feasibility studies of shortlisted projects to deliver growth of economic value from Downstream operations and resources. Conduct necessary due diligence & market analysis to identify areas of opportunity and recommend deals that add value to ADNOC's Downstream Strategy. Explore mutual areas of interest and develops good working relationship with potential business partners, which may lead to new joint venture development. This involves advising and facilitation with ADNOC functional support directorates on various activities to fulfill directorate and JV partners requirements. Explore various options for development and operation of new joint ventures in order to select the best option and follow up the plan and implementation of the approved options. Evaluate emerging and new technologies, processes and market trends including the examination of long term techno-economic impact to incorporate the best strategy in various plans. Recommend potential partners for strategic investments. Ensure consistency and progress in the execution of the downstream strategic actions through engagement with ADNOC Executive Office and strategic alignment with Business Line Companies in the development of their planning and execution of strategic initiatives. Job Specific Accountabilities (Part 2) Job Specific Accountabilities (Part 3) Generic Accountabilities Supervision Plan, supervise and coordinate all activities in the assigned area to meet functional objectives. Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives. Budgets Provide input for preparation of the Division budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives. Investigate and highlight any significant variances to support effective performance and cost control. Policies, Systems, Processes & Procedures Implement approved Division policies, processes, systems, standards and procedures in order to support execution of the Division's work programs in line with Company and International standards. Performance Management Contribute to the achievement of the approved Performance Objectives for the Division in line with the Company Performance framework. Innovation and Continuous Improvement Design and implement new tools and techniques to improve the quality and efficiency of operational processes. Identify 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 function. Health, Safety, Environment (HSE) and Sustainability Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices. Reports Provide inputs to prepare Division MIS and progress reports for Company Management. Generic Accountabilities (continue) Internal Communications & Working Relationships Downstream Director, ADNOC Unit & Department Managers and all ADNOC Employees. ADNOC Group companies External Communications & Working Relationships Petrochemical & Energy industry companies and stakeholders at various levels. Government Authorities, such as Abu Dhabi Executive Council, Ministry of Energy, Department of Economic Development, Abu Dhabi Investment Authorities and Gulf Cooperation Council, etc. Regular Contacts with top management of overseas and national shareholders, customers, suppliers and joint venture partners in discussions, negotiations and at Board meetings. Regular contacts at different time zones with ADNOC and Abu Dhabi subsidiaries/ventures and partners in Singapore, and London, etc. and with technical collaborators, project and business consultants and outsourcing service providers Minimum Qualification Bachelor Degree in Engineering or Technology (preferably in Chemical Engineering). Minimum Experience, Knowledge & Skills 10 years of experience in refining operations or technology, refinery optimization, capital and strategic planning, and/or project development, financial evaluation and modelling. Exposure to multiple roles (Production, Marketing, Finance) is an advantage. Exposure to multiple products and chemistries within the Chemical industry is desirable - specifically a good understanding of markets, technologies, industry players and trends across geographies within the major olefin & aromatics chemistries. Exposure to multiple facets in an integrated energy and petrochemical company. Experience in analytical data-driven thinking and decision-making Professional Certifications Membership of Professional bodies that contribute to market and technology updates and industry network is an advantage Work Condition, Physical effort & Work Environment Physical Effort Minimal - regular walking, standing and keyboard use, as required Work Environment Mostly air conditioned environment. Exposed to prevailing environmental conditions during plant visit; may be required to use protective safety clothing or gear while visiting plants Additional Details Job Family / Sub Family: Business Planning & Performance / Corporate Planning 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