Manager Business Planning – ADNOC Trading’
Job Description
<p>ADNOC Trading LTD (“AT”) seeks an ambitious, motivated, <strong>Manager Business Planning </strong>to join its <strong>Accounting and Tax</strong> team in Abu Dhabi.</p><p><br></p><p><strong><u>AT</u></strong></p><p>Incorporated in the Abu Dhabi Global Market, Abu Dhabi’s international financial centre, AT commenced commercial operations in December 2020. ADNOC Trading company focused on the trade of crude oil as an active market participant.</p><p>We support ADNOC Group to stretch the value of every barrel of ADNOC crude oil we produce and trade.</p><p><br></p><p><strong> </strong></p><p><br></p><p><strong><u>JOB PURPOSE:</u></strong></p><p>The Manager Business Planning will be responsible for providing professional input to ADNOC Trading’s strategic planning process, working with various cross-functional teams to identify, evaluate and analyse evolving strategic priorities, setting strategic objectives and goals, identifying instruments for their attainment as well as monitoring and evaluation. The role also involves the development of methodology for monitoring the development impact of AT’s operations, periodic monitoring of such developmental impact and appropriate reporting.</p><p><br></p><p><br></p><p><br></p><p><strong><em><u>Job Specific Accountabilities</u></em></strong></p><p><br></p><ul><li>Lead, plan and control the short- and medium-term planning activities, through the development, implementation and evaluation of strategic and operational planning tools, qualitative and quantitative performance evaluation systems in order to achieve AGT’s strategic, revenue and profitability objectives.</li><li>Supervise and monitor the development and implementation of performance management framework for AT and the 5 years business plan and to maintain a constant review of the KPIs to meet AT’s mission and objectives.</li><li>Drive the development of AT detailed 5-year Business Plan and other long term plans and consolidate inputs from all functions into a unified and well-integrated plan ensuring alignment with finance budget and corporate plans, objectives and guidelines.</li><li>Plan and lead marketing related studies with business consultants on behalf of AT related to planning & performance.</li><li>Ensure the alignment and submission of all manpower planning needs, recruitment plans, mission plans with Business needs and corporate objectives; in line with financial plans</li><li>Manage and monitor the overall performance of AT to ensure alignment with ADNOC strategic objectives. Manage all related data pertaining to performance scorecard periodically during the year. Present findings to management via reports and presentations.</li><li>Ensure effective communication in delivering messages to enable efficient and effective management decision-making. Communicate all Performance Related Issues and lead all Performance Culture Awareness Sessions.</li><li>Verify the integrity of the performance management reported data to enable efficient decision-making. Review current work processes and tasks carried by AT in order to unify, identify and recommend enhancement opportunities to Management in line with the best practices.</li><li>Provide benchmark analysis to support business plan preparation.</li><li>Monitor and proactively analyse, on an ongoing basis, internal and external events that affect AT to provide ideas and intellectual leadership for both short-term tactics and long-term AT vision.</li><li>Provide professional input into AT-wide annual business planning process through distilling its strategic goals into annual activity plans and advising senior management on the most efficient allocation of the tasks for respective departments and units.</li><li>Assist to communicate AT’s long term and annual business plan as approved by the CEO and the Board of Directors; Analyze and propose required changes to internal business processes by leveraging industry knowledge and analytical abilities in identifying key drivers, assessing process capabilities and developing a business case for internal business process enhancement or investment decisions.</li><li>This role will be expected to provide professional input on project and investment economics.</li></ul><p><br></p><p><strong><em><u>Generic Accountabilities</u></em></strong></p><p><strong><u>Operational Plans</u></strong></p><ul><li>Develop consistent and realistic long- and short-term operational plans for the Department in line with the Division objectives.</li><li>Manage the implementation of the approved long- and short-term plans and ensure they are effectively converted into performance objectives to realise the Division Objectives and established service levels.</li></ul><p><strong><u>Budgets and Operational Plans </u></strong></p><ul><li>Develop and manage the Department annual budget in line with AT’s business objectives and operational plans ensuring that adequate funding provision is made for all Department activities.</li><li>Monitor expenditure against approved Department budget on a regular basis; investigate, highlight and reconcile any significant variances to ensure effective performance and cost control.</li></ul><p><strong><u>Policies, Systems, Processes & Procedures</u></strong></p><ul><li>Develop and implement appropriate Department policies, processes, systems, standards, procedures and internal controls, and AT guidelines in order to support execution of the Division’s work programs in line with AT and International standards.</li></ul><p><strong><u>Performance Management</u></strong></p><ul><li>Contribute to the development of the Division’s KPI’s and ensure proper cascade of the Performance objectives within the Department</li><li>Establish monitoring mechanisms to ensure delivery of these objectives and promote a performance driven culture.</li><li>Manage the implementation of the AT Performance Management System for individuals within the Department in accordance with AT approved guidelines.</li></ul><p><strong><u>People Development </u></strong></p><ul><li>Develop knowledge, competencies and innovative spirit and support the establishment of Personal Development Plans (PDP’s), Succession Planning and Talent pipeline within the Department in coordination with Human Capital to continuously develop employees with an emphasis on UAE Nationals to meet Emiratization targets.</li></ul><p><strong><u>Organisation Structure and Development</u></strong></p><ul><li>Review, develop and recommend the appropriate organisation structure for the Department that will best utilise human capital while proactively incorporating sustainability into on-going work practices to meet the business objectives.</li></ul><p><strong><u>Risk Management </u></strong></p><ul><li>Contribute and support the establishment of a Corporate Integrated Risk Management System within the Department, while identifying and assessing relevant domain risks and implementing measures to manage and mitigate all identified risks within the Department.</li><li>Communicate corporate business ethics and the Code of Conduct to employees within the Department and ensure compliance to the Corporate Policies and guidelines.</li></ul><p><strong><u>Innovation and Continuous Improvement</u></strong></p><ul><li>Promote an organisation culture that encourages innovation, enhances employee motivation and supports initiatives for implementation of Change Management to continuously improve the Department operations and services</li><li>Recommend improvements in internal processes against best practices in pursuit of greater efficiency in line with relevant standards in order to define intelligent solutions for issues confronting the Department</li></ul><p><strong><u>Reports</u></strong></p><p>· Ensure that all Department progress reports are prepared to provide accurate and timely information to AT Management to effectively manage the business</p><p><br></p><p><u> </u><strong><em><u>Competencies</u></em></strong></p><ul><li>Demonstrated experience in preparing and presenting strategic business plans</li><li>Excellent understanding of financial analysis, modelling, statistical analysis</li><li>Experience in offering strategic insight into trading industry, consumer and competitor trends</li><li>Clear understanding of trade development issues and demonstrated skills in economic forecasting</li></ul><p><br></p><p><strong><u>QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS: </u></strong></p><p><strong>Minimum Qualification</strong></p><ul><li>Postgraduate degree in Business Administration, Economics, Finance or related fields</li></ul><p><strong> </strong></p><p><strong>Minimum Experience & Knowledge & Skills</strong></p><ul><li>8+ years as a Strategy and Business Planning professional</li><li>Experience in offering strategic insight into industry, consumer and competitor trends</li></ul><p></p>
