Description
Aramco is seeking a highly analytical and detail-oriented Planning and Performance Management Specialist to join the Planning and Support group, within the Executive Development & Compensation organization. The successful candidate will support the development and implementation of business plans, reviewing operating statements, and providing oversight of accounts payable (AP) and contracting processes.
Key responsibilities include:
- Supporting the development of business plans, including financial modeling, forecasting, and budgeting.
- Collaborating with cross-functional teams to gather input and ensure alignment with company goals and objectives.
- Analyzing market trends, competitor activity, and internal performance data to inform business planning decisions.
- Reviewing and analyzing operating statements to identify areas of improvement and opportunities for cost savings.
- Developing and maintaining financial models to forecast revenue and expenses, and track key performance indicators (KPIs).
- Providing recommendations to management on financial performance and areas for improvement.
- Reviewing and analyzing AP metrics, such as days payable outstanding and payment accuracy, to identify areas for improvement.
- Collaborating with the AP team to implement process improvements and optimize payment terms.
- Managing existing contracts, including renewals, amendments, and terminations.
- Ensuring accurate and timely payment of invoices, and resolving any payment discrepancies or issues.
The successful candidate will hold a Bachelor's degree in business, engineering, or a related discipline, with a minimum of 9 years of experience in financial planning, analysis, or performance management.
The ideal candidate will possess strong analytical and problem-solving skills, with the ability to interpret complex financial data. They will also be proficient in financial modeling, forecasting, and budgeting tools, such as Excel, Financial Planning & Analysis (FP&A) software, and enterprise resource planning (ERP) systems.