Were hiring for our client in Oman.
Position: Principal Strategic Planning
Reporting to: Head of Strategy & Strategic Planning
Job purpose
Lead and direct the identification of Companys internal and external strategic issues and opportunities to develop and achieve Groups short and long-term growth and profitability targets through; (1) Oversees Strategy development and implementation process including the analysis of its internal financial information as well as the external economic conditions (2) Formalizes the Business Corporate Strategies for the Group and (3) Oversees the Strategic Planning end-to-end cycle; in order to advise key stakeholders on strategies and measures to improve performance and works closely with finance in the business planning cycle.
The position will act in accordance with the Groups Mission Vision Values & Strategies as well as policies guidelines and international standards supported by an IT Technology platform HSE standards Omanis government & other legal justifications and best international practices in consonance with national objectives.
Main tasks and responsibilities
- Building and networking with Assets and Functions and importance of having healthy connection with Key internal stakeholders.
- Management of interfaces between Strategy and Assets Establish the short and long-term Strategy for company and translate it into business plans with objectives for further measurement of success and support the achievement of the companys strategic objectives
- Capture relevant input required for the Financial Planning Models including scenario planning.
- Develop the annual business plan for the achievement of the Groups vision
- Support the development of Business strategies and plans to maximize value for the Group
- Lead / execute the complex analysis of external economic conditions and assess (business & financial) impact on the Group operations (e.g. inflation interest rates exchange rates etc.) to adjust business plans and ensure the Group stays current with and ahead of the market and competition
- Lead the development of integrated financial models & forecasting to analyse data project and evaluate the potential returns and risks for capital expenditure investment and any other special projects / initiatives with material financial impact and formulate recommendations for decisions. The financial models must include:
- Relevant areas for an Energy company vertically integrated corporate Energy sector (Upstream downstream chemical commercial Alternative Energies)
- Accurate / updated complex financial models to evaluate Group financial plans
- Advise the ELT and/or the Board and other key stakeholders to contribute to strategic financial planning discussions
- Lead the creation and implementing consolidated strategic planning processes at company by designing strategic plans providing improvement & recommendations and aligning with finance on the financial plans.
- Lead the gathering of critical information that includes the description and analysis of the environment financial requirements people requirements and marketing plan (if applicable) to determine the future strategy for growth financial needs and ways to attract investors and lenders.
- Incorporate strategies tactics in the business plans to provide results to the forefront.
- Work closely with finance control team and other cross functional teams to produce suite of documents including annual business plan forecast budget commentary reforecasts key business lines and corporate KPIs.
- Provide insights associated with key variance / trends arising from reports forecasts and plans
- Works effectively with managers in areas of responsibility to ensure that department objectives performance metrics quality measures and budget targets are achieved
Key interactions
Internal: SAOC Streams & Assets
External: Staffing specialized Contractors Vendors & Suppliers / Ministries Financial Institutions (such as banks) Lenders Investors
Notable Working Conditions. Office environment intensive computer screen use sporadic visits to operation site.
Education requirements
- Bachelors degree with financial background (Finance Economics or relevant areas) - required
- Postgraduate / Finance degree (required)
Language requirements
English fluent (required) Arabic fluent (preferred)
Background and experience
- A minimum of 10-12 years of relevant post degree qualification experience
- Strong Strategic Financial Planning & Strategy development & implementation background and experience.
- Relevant experience leading a similar senior role in a corporate environment for the Energy sector
- Strong experience developing financial model forecasting
- Strong experience developing complex financial models to evaluate financial plans
Competencies and skills
Soft
- Leadership and people management skills
- Demonstrated strategic orientation
- Advanced business and financial analytical skills
- Ability to influence internal and external stakeholders
- Demonstrated leadership to develop high performing teams
- Capable of inspiring and leading change
- Strong analytical and communication skills including verbal and written skills
- Highly organized and ability to work independently and manage teams
- Experience and ability to lead a team
- Critical thinking and problem-solving skills
- Detail oriented and self-motivated
Technical:
- Strong computer skills including proficiency in Microsoft Word Excel and PowerPoint
- Ability to handle and clearly communicate complex financial information
- Ability to conduct financial and business negotiation