Facilities Management-Jobs in United States

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity 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 a price forecast visualization tool, computing and issuing transfer prices, and coordinating with stakeholders to validate price implementation. In that capacity, the incumbent shall be the primary source for refined products, crude, chemicals, and freight forecasts needed by the 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 teams and Asset Economists (AEs) to gather information on global events affecting the energy/oil & gas markets 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 weekly price forecasts to AEs to ensure timely identification of opportunities, estimate uplift 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 lookbacks of TP forecasting quality and identify trends.
• Perform random checks and assist the accounting department in maintaining the 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 a 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 (preferably in the oil & gas downstream business), including 3+ years in data analytics, market research, corporate planning, or 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. Because, as a global energy company, we address 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.