Senior Specialist Market Research

Job Description

Job PurposeMonitor and analyse the global markets to report on current and future market trends, key influences and to assess the current and future value of ADNOCu2019s hydrocarbons. Conduct in-depth analysis and present outcomes to Senior Management, within ADNOC corporate levels and across various stakeholders. Provide guidance and feedback on Market Research techniques and methodologies, in addition to creating market intelligence reports for supporting DMT management.Job Specific Accountabilities Marketing Research Initiatives

• Gather, monitor and analyze information related to macro/micro aspects of the world energy industries.
• Prepare reports and presentations of oil & gas markets through textual daily (including weekends & public holidays), weekly, monthly and quarterly report covering historical, current and projected data. Including, desk presentations and ad-hoc reports for higher Management and sales/trading staff on prompt critical issues concerning the global oil and gas market and price influencers.
• Forecast prices for ADNOC hydrocarbon products covering short/long term and other ADNOC business line directorates and other companies.
• Contribute to the evaluation of product sales, purchase tenders and ad hoc transactions. Including feedstock comparative analysis covering the new trading initiatives.
• Assist in collecting and analyzing the data market and price trends to determine strategy for ADNOC portfolio, client negotiations, and UAE participation in OPEC.
• Identify commercial sales opportunities and evaluate business openings in new markets to ADNOC.
• Act as DMT focal points when participating in ADNOC future projects that require price projections, regional/country fundamental analyses, and technical/commercial expertise and advice.

Generic AccountabilitiesSupervision

• Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
• Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.

Budgetsu2022 Provide input for preparation of the Section / Department budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives.u2022 Investigate and highlight any significant variances to support effective performance and cost control.Policies, Systems, Processes & Proceduresu2022 Implement approved Section / Department policies, processes, systems, standards and procedures in order to support execution of the Sectionu2019s / Department work programs in line with Company and International standards.Performance Managementu2022 Contribute to the achievement of the approved Performance Objectives for the Section / Department in line with the Company Performance framework.Innovation and Continuous Improvementu2022 Design and implement new tools and techniques to improve the quality and efficiency of operational processes.u2022 Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.Health, Safety, Environment (HSE) and Sustainabilityu2022 Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.Reportsu2022 Provide inputs to prepare Section MIS and progress reports for Company Management.Internal Communications & Working Relationships

• Regular work related contacts with VP, Department Manager and all staff and team members within the Function on matters related to the Marketing strategy and policies, operations, administration, people, HSE and integrity.
• Contacts with senior management of all Functions in DMT.
• Regular contacts with other Directorates (like Finance, Upstream, Downstream, Group IT, etc.).
• Regular contact with Management of ADNOC Group Companies.

External Communications & Working Relationships

• Contacts with third party service provider, suppliers, consultants and industry experts.
• Frequent contacts with ADNOC Shareholder and partners for discussion, exchange of information / expertise purposes.

Minimum QualificationBachelors degree in Economics / Business Administration / Finance / Accounting.Minimum Experience, Knowledge & Skills

• 10 years of Market Research experience within the Oil & Gas industry

Professional CertificationsAs applicableWork Condition, Physical effort & Work EnvironmentPhysical EffortMinimal, involving sitting, walking, standing and computer operations.Work EnvironmentNormal air-conditioned office environment.

Keyskills :
Reports Market Intelligence Sales macroeconomics Senior Management Marketing Research Negotiations Data Analysis Strategy Commercial Sales oil gas Presentations Operational Processes Trading Business Development Evaluation Market Researc

About Company

The Abu Dhabi National Oil Company or ADNOC is the state-owned oil company of the United Arab Emirates. It is the world's 12th largest oil company by production. As of 2021, the company has an oil production capacity exceeding 4 million b/d with plans to increase to 5 million bpd by 2030.