Downstream Pricing Analyst- Relocate to Saudi Arabia

aramco; Calgary; On-site; USD 95,000 - 130,000; Full time

Job summary

A leading company in the global energy sector seeks a Downstream Pricing Analyst. This role involves developing price forecast visualization tools, computing transfer prices, and validating these with stakeholders under a commitment to societal value and efficient operations in a dynamic environment.

Benefits

Professional development opportunities

Challenging work environment

Qualifications

• 8+ years of relevant professional experience in oil & gas downstream business.
• 3+ years of experience in data analytics, market research, and corporate planning.
• Deep knowledge of model development and MS Excel functions.

Responsibilities

• Develop and enhance price forecast visualization tools.
• Compute transfer prices and coordinate with stakeholders for validation.
• Issue price forecasts and perform periodic checks on forecasting quality.

Skills

Communication

Interpersonal skills

Data analytics

Education

Bachelor Degree in Statistics, Commerce, Marketing, Engineering, Business Administration or closely related subject

Post-graduate education (MBA/Statistics/Economics) - desirable

Tools

MS Excel

Job description

Downstream Pricing Analyst- Relocate to Saudi Arabia

Join to apply for the Downstream Pricing Analyst- Relocate to Saudi Arabia role at aramco

Downstream Pricing Analyst- Relocate to Saudi Arabia

1 day ago Be among the first 25 applicants

Join to apply for the Downstream Pricing Analyst- Relocate to Saudi Arabia role at aramco

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.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking a Downstream Pricing Analyst to join our Global Optimizer Development Department (GOD).

The (GOD) charter is to optimize crude allocation and the operations of global manufacturing facilities in order to maximize revenue, increase profitability, and capture international market opportunities.

Your primary role is to be 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 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.

Key Responsibilities

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

• Develop, maintain, and continuously improve fit-for–purpose price forecast visualization tools.
• Consult with Pricing Insights and Market Analysis team and Asset Economists (AE) 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 M+3, according to the planning cycle.
• Coordinate with AEs and 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 up lift margins and serve as a basis for negotiations among stakeholders.
• Issue actual transfer prices on the last day of the month for the following month, to allow for timely review.
• Perform periodic lookback of TP forecasting quality and identify trends.
• Perform random checks and assist accounting department to maintain quality of implemented prices on Standard and Non-Standard Cargoes.

The successful candidate must have a Bachelor Degree in Statistics, Commerce, Marketing, Engineering, Business Administration or closely related subject.

• Post-graduate education or equivalent experience in MBA/ Statistics/Economics is desirable.
• Deep knowledge of model development and utilization of MS Excel functions.
• Detailed understanding of downstream business and supply chain.
• Minimum of 8+ years of relevant professional experience (preferable in oil & gas downstream business), including 3+ 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 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Engineering

• Industries

  Oil and Gas

Referrals increase your chances of interviewing at aramco by 2x

Get notified about new Pricing Analyst jobs in Calgary, Alberta, Canada.

Downstream Pricing Analyst - Relocate to Saudi Arabia

Downstream Market Analyst - Relocate to Saudi Arabia

Senior Sales Specialist- Pricing, Valuations and Reference Data

Senior Financial & Technical Compliance Analyst

Business Analyst - Relocate to Saudi Arabia

Business Analyst, Fall 2025 (Co-op/Internship) - 4 months

Sr. Data Analyst and Client Solutions Specialist

Greater Calgary Metropolitan Area 1 week ago

Capital Markets Financial Analyst - Relocate to Saudi Arabia, Permanent Expat Family Relocation Package

VIE - Financial Planning & Analysis Analyst M/F/NB

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.