Title: Financial Economic Modeler
Aramco energizes the world economy.
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.
Job Overview
The International Gas Department (IG) is responsible for sourcing and developing international gas value chain (upstream, liquefaction, marketing, regasification) investment opportunities. The department’s role also includes coordinating the execution of these investment opportunities and managing these investments post transaction. The objective of this department is to create a viable, material integrated global gas business by 2035
Position is an individual contributor role to secure investment opportunities in international gas upstream and liquefaction to support achievement of Saudi Aramco’s gas and LNG production targets. To do so, the incumbent manages the pre-screening and short-listing of projects globally and, for specific projects, drives the detailed project assessment by coordinating the M&A task force. The incumbent also ensures communication around the gas & LNG opportunities across the organization, supporting management in M&A decision making. The incumbent must possess the knowledge and expertise for managing business development process in gas & LNG and experience with transactions in gas & LNG. The incumbent must also be able to coordinate effectively with other stakeholders (e.g. International Gas management, representatives of Upstream, Origination, Legal, external advisors
Duties and Responsibilities
Screen upstream gas and LNG investment opportunities globally
- Identify project opportunities available o Opportunities coming from internal screening, i.e. monitoring of the global market, reserves, possible expansions of existing projects 35%
- Opportunities coming from external proposals, i.e. through communication with gas & LNG players
- Characterize the opportunities and prioritize them through set of defined criteria (e.g. Upstream potential, project maturity, quality of potential partners, project economics and local policies, identification of key areas pending to take FID)
- This position handles complex deal structures, with the development and interpretation of data used in a highly technical and confidential analysis platform.
- Assistance in the development of positions relative to new problem areas of situations and development of policies, programs and procedures are required on an economic mindset basis.
- Lessons learned and best business practices developed will be formalized into policies, programs and procedures to expand knowledge sharing within the organization and facilitate the successful fruition of subsequent analyses.
- Provide sound investment analysis advice in support of LNG and Upstream Projects for M&A deals, by leading economic evaluations and financial due diligence in the deal making process.
Assess pre-FID projects and coordinate M&A task force
- Coordinate M&A task force to collect inputs from different units (Upstream, IG Origination, Legal) to support assessment of pre-FID projects
- Conduct negotiations with partners to finalize investment terms, and execute transactions • Manage technical, financial, commercial, environmental and legal due diligences
- Manage external advisors on the assessment process 35% 3 Identify alternative investments for International Gas. Explore and assess:
- Acquisition of stake in existing or FID projects • Development of an LNG venture from an early stage upstream play
- Acquisition of an LNG portfolio or a company 10% 4 Support decision making at management level with reports on specific opportunities
- Lead the preparation of high quality management information to support decision making on potential transactions at both International Gas and Saudi Aramco levels Provide documentation, functional assurance, and detailed reviews 10% Saudi Aramco: Company General Use 5 Coordinate communication on LNG & gas opportunities across the organization
- Ensure effective communication at every stage of the deal life cycle, understanding any issues and addressing concerns Both within IG and with other business units as required.
Minimum Requirements
- Candidate is required to hold a bachelor’s degree in Business, Finance or Engineering, Master’s degree (preferably MPA), Education failed Engineering/Economics/Business
- 15 Years of experience or M&A and business development, transactions, Gas & LNG experience with 10 years experience.
- Candidate is required to have a history of career progression with fifteen years’ experience with a minimum of ten years of relevant M&A and business development, transactions, Gas & LNG work experience, preferably in a major petrochemical or energy industry corporation.
- Candidate should be able to quickly establish credibility in the position and to effectively interact with all levels of management, including senior leadership.
- Candidate should have demonstrable leadership and management experience.
- Superior written and verbal communication and presentation skills is also necessary. In addition to strong command of English.
- Strong ability to establish and maintain networks, both within and across company organizations is necessary.
- Capability to work effectively within a matrix organization and with multi-disciplinary teams is also preferred.
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.