Portfolio Manager

Valvoline Global Operations; Saudi Arabia; On-site; SAR 120,000 - 160,000; Full time

Job summary

Valvoline Global Operations seeks a Portfolio Manager in Saudi Arabia responsible for managing product costing, profitability, and supply chain optimization. The role requires analytical skills and experience in portfolio management to drive improvements and support business units effectively.

Qualifications

• Minimum 5+ years of experience in Portfolio Management/Product Costing.
• Strong analytical thinking and business mindset.

Responsibilities

• Manage product costing and profitability for the portfolio in KSA.
• Optimize margin through supply chain and procurement opportunities.

Skills

Analytical Thinking

Communication

Team Orientation

Education

Bachelor's Degree

Master of Business Administration

Tools

SAP

Job description

Why Valvoline Global Operations

At Valvoline Global Operations, we're proud to be The Original Motor Oil, but we've never rested on being first. Founded in 1866, we introduced the world's first branded motor oil, staking our claim as a pioneer in the automotive and industrial solutions industry. Today, as an affiliate of Aramco, one of the world's largest integrated energy and chemicals companies, we are driven by innovation and committed to creating sustainable solutions for a better future.

With a global presence, we develop future-ready products and provide best-in-class services for our partners around the world. For us, originality isn't just about where we began; it's about where we're headed and how we'll lead the way. We are originality in motion.

Our corporate valuesCare, Integrity, Passion, Unity, and Excellenceare at the heart of everything we do. These values define how we operate, how we treat one another, and how we engage with our partners, customers, and the communities we serve. At Valvoline Global, we are united in our commitment to:

Treating everyone with care.

Acting with unwavering integrity.

Striving for excellence in all endeavors. Delivering on our commitments with passion.

Collaborating as one unified team.

When you join Valvoline Global, you'll become part of a culture that celebrates creativity, innovation, and excellence. Together, we're shaping the future of automotive and industrial solutions.

Valvoline Global is looking for Portfolio Manager- KSA!

The Portfolio Manager is responsible for Valvoline Global Operations product portfolio in Saudi Arabia. The Portfolio Manager has four main pillars of responsibility:

1. Product/Portfolio Costing

2. Product Profitability Review & Improvement

3. Supply Chain Optimization and SMOG Inventory Management

4. Product Lifecycle Data Management.

The role has ownership and analysis of all product costing along with key drivers of that costing. Continually seeks ways to optimize margin within the entire portfolio through either supply chain optimizations, procurement savings opportunities, and consolidation of the portfolio through product life-cycle management. Additionally, responsible for tracking changes month-to-month within the portfolio to identify outliers and develop course correction plans. Keeps all business units apprised of costing of products.

Primary Duties and Responsibilities:

• Product / Portfolio Costing: serve as the single point of contact for all business units relative to current costing of all portfolio items, cost changes based on supplier inputs, and cost implications of various supply chain shifts. Actively communicate changes to all teams and understand impacts of absorption on the portfolio via the LE process.
• High impact bid costing owner: as applicable, drive the high impact bid costing process in KSA, ensuring all cross-functional inputs are considered and the documentation is completed on time and to standard. This enables sales to effectively bid on new business opportunities which have a material impact on overall Valvoline supply chain capabilities and profitability.
• Innovation network analysis: aid in costing of new materials coupled with the development of the most effective supply chain to deliver fill rate while keeping inventory and COGS low.
• Profit Improvement Opportunities: Actively and continually seek ways to optimize margin within the entire portfolio through supply chain optimizations, procurement savings opportunities, and consolidation of the portfolio through product life-cycle management.
• Review and Manage Slow Moving and Obsolete inventory in coordination with Supply Chain. Providing direction on excess inventory solutions and ensure execution by the organization. Drive removal programs of slow-moving and obsoleted SKUs inventories and lead inventory management plan for product transitions.
• Review and Manage SMOG inventory in coordination with Supply Chain, providing direction on excess inventory solutions and ensure execution by the organization.
• Review, update, maintain and manage SAP data related to the KSA Portfolio. Be the point of contact regarding all topics related to product hierarchy in our controls. Ensure that all data related to the Portfolio in KSA is accurately updated in a timely manner for the ongoing S4 project.
• Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.

What You'll Need

• Bachelor's Degree; Master of Business Administration (preferred)

What Will Set You Apart

• Proven minimum of 5+ years of experience in Portfolio Management/Product Costing.
• Strong analytical thinking and business mindset. Possesses the ability to turn insights into action.
• Ability to pull, assess, and conceptualize key data in a manner that makes it digestible for leadership.
• An inquisitive thirst to learn more and seek the truth.
• Team oriented, with strong communication abilities and willingness to share ideas for diverse input and perspective.
• Passion for continually improving recommendations and optimizations to extract value from products and supply chains.

Valvoline Global is an equal opportunity employer. We are dedicated to fostering an environment where every individual feels valued, respected, and empowered to contribute their unique perspectives and skills. We strictly prohibit discrimination and harassment of any kind, regardless of race, color, religion, age, sex, national origin, disability, genetics, veteran status, sexual orientation, gender identity, or any other legally protected characteristic.

We are committed to ensuring accessibility throughout our recruitment process. If you require a reasonable accommodation to participate in any stage of the recruitment or selection process, please contact us at:

Phone: 1-800-Valvoline

Email: [HIDDEN TEXT]

This contact information is solely for accommodation requests. For inquiries about application status, please use the appropriate channels listed in your application materials.

Are You Ready to Make an Impact

At Valvoline Global, we're looking for passionate and talented individuals to join our journey of innovation and excellence. Are you ready to shape the future with us Apply today.