Affiliates Management Advisor - (Relocation to Saudi Arabia is Required)

aramco; Calgary; On-site; CAD 252,000 - 378,000; Full time

Job summary

Aramco is seeking an Affiliates Management Advisor to oversee Downstream JV portfolios in the Eastern Region. The role emphasizes profitability improvement, cost optimization, and value realization within joint ventures, with supervision from senior professionals.

You will lead financial modeling, governance oversight, and commercial negotiations, mentoring junior staff while coordinating with cross-functional teams across the ERFD. Worldwide relocation is required for this permanent position.

Qualifications

• Minimum of 10 years in Downstream Oil & Gas with at least 5 years in commercial strategy, JV management, M&A, or new business development.
• Strong portfolio management skills and extensive experience in financial valuation, modeling, due diligence, and negotiations.
• Deep understanding of shareholder agreements and governance structures.
• Ability to lead negotiations, influence senior stakeholders, and navigate complex JV dynamics.
• Experience developing junior staff and creating a high-performance knowledge-sharing culture.

Responsibilities

• Manage and monitor assigned Joint Ventures, aligning with Aramco’s investment strategy and financial objectives.
• Represent Aramco in JV Board, Shareholder, and Steering Committee forums.
• Ensure alignment of JV strategy with business plans and shareholder interests.
• Analyze and report on affiliates governance and provide recommendations to the Affiliates Board.
• Lead financial modeling and scenario analysis for transactions and ongoing JV evaluations.
• Oversee JV financial performance, capex, and budget alignment.
• Draft and negotiate commercial terms of agreements with stakeholders and partners.

Skills

Portfolio Management

Financial valuation

Modeling & analysis

Due diligence

Commercial negotiations

Transaction execution

Leadership & stakeholder influence

Education

Bachelor's degree in Engineering, Accounting, Economics, Business, or Finance

Master’s degree in Business/Finance/Management

Job description

This position requires full relocation to Saudi Arabia. It is a permanent full time Expat Relocation Package.

Job Overview

We are seeking an Affiliates Management Advisor to join our Eastern Region Fuels Department.

The Eastern Region Fuels Department is responsible for managing a diverse portfolio of Downstream Joint Ventures. The department is integral to supporting Aramco’s downstream growth ambitions, ensuring commercial alignment with strategic partners, and safeguarding value creation through disciplined financial oversight and operational excellence of the joint venture portfolio.

Your primary role is to support the management, development, execution, and performance optimization of high-value downstream joint ventures. The ideal candidate will be skilled in profitability improvement, cost optimization, and value realization with strong record of working with joint venture partnerships in the energy industry. Serves as an experienced professional in Affiliates Management, working with some supervision from Senior Affiliates professional. Provides analysis, formulates and implement solutions, monitors and ensures compliance for Affiliates under the direction of Senior professionals.

Key Responsibilities

As the successful candidate you will be required to perform the following:

• Manage and monitor assigned Joint Ventures, ensuring alignment with Aramco’s investment strategy and financial objectives.
• Represent Aramco in JV Board, Shareholder, and Steering Committee forums.
• Ensure alignment of JV strategy and performance with Aramco’s business plans and shareholder interests.
• Analyze and reports affiliates agreement oversight and governance oversight to advise the Affiliates Board and stakeholder management.
• Analyze Board resolutions and provide the necessary reports and recommendation.
• Supports Sr. Affiliates Professionals to monitor and ensure compliance with relevant policies, procedures and other governance requirements.
• Lead financial modeling and scenario analysis for transactions and ongoing JV evaluations.
• Oversee JV financial performance, capital expenditures, and budget alignment.
• Conduct commercial and financial benchmarking to identify value capture opportunities.
• Monitor market performance identify best practices across Affiliates portfolio to optimize the businesses.
• Identify and assess JV growth opportunities aligned with Aramco's downstream strategy.
• Facilitate transaction execution including commercial due diligence, business case development, valuation modeling, and partner negotiations alongside cross functional teams.
• Draft and negotiate commercial terms of Shareholder Agreements, Offtake, Feedstock, and Services Agreements in collaboration with legal and technical teams.
• Support negotiations with stakeholders and partners, and leads information gathering and reporting.
• Build and sustain strong relationships with internally and externally (JV Partners and Management).
• Mentor junior professionals and analysts within the ERFD department, helping develop Aramco’s next generation of affiliate management talent.
• Contribute to internal knowledge management and process improvement initiatives.

Qualifications

• As the successful candidate you will hold a Bachelor’s degree in Engineering, Accounting, Economics, Business, or Finance from a recognized and approved international program and a Master’s degree in Business/Finance/Management.
• You will have a minimum of 10 years of experience in Downstream Oil & Gas, including at least 5 years in commercial strategy, Joint venture management, M&A, or New Business Development.
• You will have Strong Portfolio Management skills, demonstrated in previous roles, extensive experience in financial valuation, modeling, due diligence, commercial negotiations and transaction execution.
• You will have a Deep understanding of shareholder agreements and governance structures.
• You will be able to demonstrate your ability to lead negotiations, influence senior stakeholders, and navigate complex joint venture dynamics.
• You will have an adequate understanding of financial analysis of companies and valuation methodologies; commercial principals of a transaction; and different transaction structures.
• You will be able to demonstrate experience in developing junior staff and creating a high-performance, knowledge-sharing culture.

Our high-performing 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 world-scale 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 world’s 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 sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.