About the Role
Lead the Joint Ventures department for effective management and operation of all of the organization’s LNG joint ventures while ensuring the protection of the organization’s and shareholder’s interests. This role will also focus on objectives such as cost-effectiveness of operations, implementation of best practices, and compliance with shareholders' agreements.
Ready to apply for roles like this?
Unlock the company name and direct application link. Subscribers get instant access to fresh jobs across Dubai, Abu Dhabi and Riyadh, many with visa support.
Unlock employer & apply directly
Key Accountabilities
Strategic Accountabilities:
- Contribute to the formulation of the divisional strategy in alignment with the organization's strategy and support its implementation.
- Participate in translating the divisional strategy into annual operational business plans, ensuring their implementation, following up progress, and taking corrective actions as needed.
Joint Venture Management:
- Ensure that the joint ventures entered into with various international companies align with and return the best interests for the organization.
- Ensure consistency between all joint ventures regarding ship performance, projects, initiatives, operating costs, refit specifications, and crew competencies.
- Supervise a team working with joint venture ship managers on operational and technical issues until incidents are successfully resolved.
- Set targets for the department related to joint ventures to ensure that short- and medium-term business targets, along with regulatory requirements, are met.
- Participate in the preparation of joint venture board meeting materials, ensuring timely dissemination, awareness of pending issues, and discussion of these in meetings.
- Prepare regular reports and presentations on finance and administrative activities for joint venture partners, board members, and senior management.
- Conduct frequent discussions and meetings with joint venture partners to address important issues.
Negotiations:
- Provide support in negotiating new agreements and generating commercial breakthrough solutions.
Analysis:
- Develop, prepare, and conduct complex analysis and reporting on finance and administrative activities of the company and its joint venture partners with minimal supervision.
Administer Agreements:
- Administer shareholder agreements and other corporate agreements related to various joint venture partners.
Third-Party Interactions:
- Manage interactions with charterers on behalf of third-party vessel managers related to operational issues, legal disputes, and underperformance.
Generic Accountabilities:
People Leadership:
- Manage department staff and teams by overseeing performance management, recruitment, training, and development to ensure high levels of engagement and competence.
Change Management:
- Contribute to managing change within the team by providing inputs for and participating in change initiatives, programs, and projects aligned with best practices.
Quality, Health, Safety, & Environment (QHSE):
- Oversee and ensure compliance with all relevant QHSE policies, procedures, and controls across the Joint Venture department for safe, world-class, secure, and environmentally responsible service.
Budgets and Plans:
- Prepare the Joint Venture department budget, monitor expenditures, and ensure optimal utilization of resources to protect the organization’s interests.
Systems and Processes:
- Develop policies, procedures, and systems for the Joint Venture department and ensure their implementation to support target achievement and the organization’s strategy.
Others:
- Oversee all administrative and operational matters related to joint ventures.
- Develop and maintain long-term relationships with important maritime industry bodies, customers, and suppliers to maximize support for the strategy and plans.
- Benchmark the performance of joint venture vessel managers and report findings to senior management for informed decision-making.
- Ensure cost optimization across joint venture companies for new projects.
- Manage a database of common failures and major operational issues experienced on board joint venture LNG vessels.
- Carry out any other duties as directed by the immediate supervisor.
Key Result Areas
- Preserve the organization's interests in various joint ventures initiatives.
- Conduct accurate and effective joint venture performance analysis and reporting.
- Develop Joint Venture department policies and systems while setting performance targets.
Qualifications, Experience, and Job Skills
Qualifications:
- Degree in International Trade or Business is essential.
- A Master’s degree in Business or International Trade would be advantageous.
Experience:
- Minimum of 10 - 15 years’ experience in a maritime organization, with at least the last 5 years in a leadership role (Manager or Head of an energy-related business unit).
- Prior experience in the LNG sector is required.
- Experience dealing with multiple international joint venture operations is essential; however, specific experience in the Middle East is not required.
Job Specific Skills:
- Maritime background in an energy-related sector is preferred.
- Previous experience in developing business in the energy sector on an international scale is required.
- Ability to read and evaluate company accounts.
- Knowledge of financial procedures associated with the oil & gas industry, specifically joint venture accounting.
- Good understanding of oil & gas service contracts and procedures.
- Strong experience in managing third-party negotiations.
- Expertise in tender procedures and practices.
- Strong understanding of legal, contractual, and commercial aspects of joint ventures.
