Senior Specialist, Portfolio

Job Purpose

Ensure that the Group Portfolio of investments enables the execution of the 2030 Group Strategy from an integrated value chain perspective. Develop the annual Group Portfolio view, including the current and aspired portfolio, financial and operational performance, benchmarking, production profiles and major investment risks and returns. Support decision making around ADNOC's major investments, through detailed review of Management Investment Committee (MIC) and Group Company Board submissions.

Job Specific Accountabilities (Part 1)

Portfolio Analysis
- Conduct the annual Group Portfolio review for presentation to Executive Management
- Ensure key Portfolio questions are addressed (affordability, deliverability, risks, market dynamics)
- Identify and define the aspired Portfolio and integrated investment program in line with Strategy
- Provide executive leadership and Directorate planning teams with portfolio performance views and forecasts to enhance long-term planning and strategic decision making
- Provide support on the prioritization, ranking, and capital ceiling of the investment program
- Develop annual Corporate Calendar covering Strategy, Planning, Portfolio, and Performance
- Develop and roll out mechanism for asset performance benchmarking
- Conduct comprehensive costing exercises on various products within product portfolio
- Produce integrated economics to understand investment impacts across the Group's value chain
- Support the VP Portfolio in the administration of the material and actions items of the Strategy and Planning Group (SPG)
- Ensure prioritized investment program is reflected in the Business Plan
- Develop and continuously update repository of key Portfolio data and metrics
- Establish working relationships with all stakeholders and ensure effective communications.
- Conduct ad-hoc Portfolio analysis

Job Specific Accountabilities (Part 2)

Governance and Decision Making Support
- Review submissions to the MIC to ensure Strategic fit, value creation, reasonableness of assumptions, and overall fit with the ADNOC Portfolio
- Monitor robustness and adherence to governance processes relating to MIC and its subcommittees
- Provide briefing notes to Group CEO on MIC submissions and Group Company board materials
- Engage with relevant stakeholders in the review of MIC submissions (Finance, Legal, etc.).
- Support the Group CEO and the MIC with a platform and associated content for objective and robust decision making with regards to significant investments.
- Support development of evaluation criteria and return requirements for significant investments
- Review and challenge assumptions for different business case scenarios (Low, Base, High)
- Conduct detailed assessments of financial modelling, including analysis of historic and projected cash flows and measures of return and valuation (IRR, NPV and Payback Period).
- Engage and provide advice to Directorates and project teams during the review stage of investment and divestment proposal preparation

Any Other Key Accountabilities
- Perform any other key initiatives / projects activities specifically related to the mandate of the ADNOC Group CEO and the Government of Abu Dhabi.

Job Specific Accountabilities (Part 3)

Generic Accountabilities

Supervision
- 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 business objectives.

Budgets
- Provide input for preparation of the Function / Division / Department / Section budgets, assist in the implementation of the approved Budget, and work plans to deliver business objectives.
- Investigate and highlight any significant variances to support effective performance and cost control.

Policies, Systems, Processes & Procedures
- Implement approved Function/ Division/ Department/ Section policies, processes, systems, standards and procedures in order to support execution of the work programs in line with Company and International standards.

Performance Management
- Contribute to the achievement of the approved Performance Objectives for the Function/ Division / Department/ Section in line with the Company Performance framework.

Innovation and Continuous Improvement
- Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
- Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with best industry standards in order to define intelligent solutions for issues confronting the function.

Health, Safety, Environment (HSE) and Sustainability
- Comply with relevant HSE policies, procedures, controls, applicable legislation, and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.

Reports
- Provide inputs to prepare MIS and progress reports for Company Management.

Generic Accountabilities (continue)

Internal Communications & Working Relationships
- Vice President, Portfolio
- Senior Vice President, Group Strategy & Performance Function
- ADNOC Directorates and Group Companies

External Communications & Working Relationships

Contact with external parties including consultants, third party service providers, and government agencies as required

Requirements: