About the Role
This role is responsible for preparing the Company's Business Plan, facilitating the monitoring and management of performance contracts, and reviewing and recommending budget requests for management approval. The position involves providing analysis and advice in the realms of Business Planning, Capital Budgeting, and Performance Management to enhance visibility of company plans and assist management in decision-making and timely interventions.
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Key Responsibilities
- Prepare the Company’s 5-Year work plans in accordance with shareholder guidelines and management directives, ensuring contributions from all divisions/departments are secured based on various scopes of work and targets.
- Review and analyze Capital Budget Requests in collaboration with other divisions, assess feasibility and viability, and make recommendations, ensuring alignment with the Business Plan; challenges divisions when necessary and recommends for management approval.
- Analyze the processed Capital Budget in the Division; after processing, lead challenge sessions, and ensure management approval is relayed to the Finance Division for the issuance of the Budget book to Shareholders.
- Perform economic and financial analysis/evaluations and ensure consistent and logical boundary conditions across the company for economic evaluation of various projects/schemes within the Value Assurance Process (VAP). Analyze the decision support package of key capital projects/schemes to verify completeness and alignment with business objectives.
- Provide long-term expenditure forecasts, identify value-adding opportunities as well as challenges and risks to the delivery of plans; analyze mitigation strategies and planning.
- Compile resource requirements for plan delivery, provide analysis and advice for portfolio management, and gather short, medium, and long-term performance objectives; inspect available plans and recommend adjustments when necessary.
- Facilitate the preparation of Business Unit/Divisional performance contracts, participate in performance audits, and monitor/provide analysis and advice on performance contracts.
Supervision
- Plan, supervise, and coordinate all activities in the assigned area to meet functional objectives.
- Train and develop assigned staff on relevant skills to enhance their proficiency on the job and achieve sectional objectives.
Budgets
- Provide input for the preparation of Unit/Divisional budgets and assist in the implementation of approved budgets and work plans to deliver objectives.
- Investigate and highlight any significant variances to support effective performance and cost control.
Policies, Systems, Processes & Procedures
- Implement approved Unit/Divisional policies, processes, systems, standards, and procedures to support execution of work programs in accordance with Company and International standards.
Performance Management
- Contribute to achieving approved performance objectives for the Unit/Division in line with the Company Performance framework.
Innovation and Continuous Improvement
- Design and implement new tools and techniques to enhance the quality and efficiency of operational processes.
- Identify improvements in internal processes relative to best practices to achieve greater efficiency in alignment with ISO standards and devise intelligent solutions for operational challenges.
Health, Safety, Environment (HSE) and Sustainability
- Adhere to relevant HSE policies, procedures, controls, and applicable legislation and sustainability guidelines in accordance with international standards and best practices.
Reports
- Contribute input to prepare Section MIS and progress reports for Company Management.
Internal Communications & Working Relationships
- Maintain contact with the line manager, peers, and other employees within the company/group as necessary.
External Communications & Working Relationships
- Engage with external parties including consultants, third-party service providers, and government agencies as needed.
Minimum Qualification
- Bachelor’s Degree in Engineering or equivalent discipline.
Minimum Experience, Knowledge & Skills
- 10 years of experience, including significant exposure to relevant fields.
Professional Certifications
Work Conditions, Physical Effort & Work Environment
- Physical Effort: Minimal.
- Work Environment: A/C environment, with occasional exposure to prevailing weather conditions such as heat, humidity, and dust during site visits.
Additional Details
- Job Family / Sub Family: Business Planning & Performance / Corporate Planning.
