Sr Analyst I, Business Job

      An exciting opportunity is available for Sr Analyst, Business based in Riyadh, KSA

Job Purpose:

Work with Business team, Marketers, Technical Marketing through different processes to make sure business continuity.

    Role Responsibilities:

• Preparation of Monthly analysis of profit & loss and position related to one or multiple Tasnee entities.
• Work with Accounting to analyze budget vs actual sales, quantities, and margin outcome.
• Evaluates off takers on a routine basis to review and monitor NB/ACM prices performance and any improvement or gaps are monitored and dealt with in a timely manner.
• Provide support for setting the optimal annual business plan for BU Polymers.
• Contributes to BU functions to ensure all requirements are fulfilled as planned in order to optimize the outputs & meeting business targets.
• Provide input to yearly business plan for Petrochemicals SBU
• Develop Complex contribution margin report on a monthly basis to ensure the management team is kept informed of the best utilization of monomers molecules to be followed for maximizing profit.
• Develop and analyze economic and cost benefit impact of different pricing scenarios and assess the effect of various economics factors using sensitivity analysis technique.
• Drive strategic initiatives focused on reducing operating costs.
• Liaise with the Finance Business Partner to ensure that financial performance is measured and acted upon provide inputs on EBIT (P/L) for regular management reporting, review results of actual vs previous year vs budget performance.
• Lead or participate in cost improvement projects and other initiatives at plants to ensure that the plant’s P&L will meet financial goals and targets.
• Conduct detailed analyses for the pricing formulas suggested by relevant BU for the products and provide input and recommendations.
• Evaluates the customer feedbacks on a routine basis to ensure the product is served well.
• In addition, support in below activities:
  • • Economical Decision support.
    • Commercial analysis.
    • (Financial) Competitive benchmarking.
    • Product cost analysis.
    • Manufacturing cost.
    • Fixed cost and G&A.
    • Profitability analysis.
    • Working capital support.
    • Business Development financial support, investment analytical modelling.
    • Innovation portfolio realization analysis. 

Qualification and Requirements:

• Bachelor or master’s degree in Economics, Finance, Engineering, Statistics, Business Administration, or other related technical discipline.
• Minimum 6 years’ experience in the petrochemical/chemical sectors with exposure to several polymer products

At Tasnee we value the contribution of all our people in making us a leading organization. We invest in employee development and we provide a wide range of career opportunities, offering everyone the chance to broaden their experience and build a professionally rewarding career as we work together to deliver innovative solutions for our customers.