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Job Description


JOB PURPOSE:


Develop and implement Finance & Investment Performance Management systems within ADNOC. This role involves creating and cascading performance scorecards and managing performance improvement initiatives across the ADNOC group’s Finance & Investment functions.


KEY ACCOUNTABILITIES:


Job Specific Accountabilities


  • Performance Management Develop and implement a comprehensive performance management framework, tools and systems for the Finance & Investment directorate.
  • Lead to the development of the performance objectives for the F&I Directorate, including related KPIs/targets, and ensure the proper cascading of these targets across all F&I Divisions in the HQ as well as the Finance functions across all Group Companies, and support in establishing monitoring mechanisms to ensure delivery of these objectives.Support the identification and delivery of F&I Priorities and key focus areas through constant monitoring and reporting of progress in order enable the F&I Directorate to deliver its strategic objectives. 
  • Ensure proper cascade of the Performance objectives within the Divisions and promote a performance driven culture.

Performance Tracking and Reporting


  • Monitor F&I performance against targets across the ADNOC Group (HQ and Group Companies), in cooperation with ADNOC Group Performance Management.
  • Collaborate with various stakeholders to gather data and insights for performance analysis.
  • Regularly review and update performance metrics to reflect changing business needs and objectives.
  • Prepare and present performance reports to senior management, highlighting achievements, trends, and areas for improvement.

Performance Improvement and Support


  • Advise, challenge and convince internal stakeholders on topics and issues related to performance improvement, based on own expertise, in order to enable informed decision making by (Senior) Management.
  • Prepare, manage and track defined (continuous) performance improvement projects, managing multiple stakeholders across the F&I Directorate and Group Companies, in order to deliver enhanced financial efficiencies in an accelerated manner across the ADNOC Group (HQ and Group Companies).
  • Provide training and support to the Finance & Investment team on performance management processes and tools.
  • Drive a culture of continuous improvement, encouraging feedback and innovation within the Finance & Investment team.
  • Support the VP, Finance & Investment Projects in the execution, tracking and management of transformational Finance & Investment projects, if and when required.
  • Support the VP, Finance & Investment Projects, by delivering unplanned ad-hoc support and advice upon request.

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


  • Update and 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


  • Manage the implementation of the Company Performance Management System for individuals within the Department in accordance with Company approved guidelines
  • 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.
  • Lead the evaluation of internal processes and recommend improvements against best practices to achieve greater efficiency in line with ISO standards, in order to define intelligent solutions for issues confronting the Department.

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


  • Ensure that all Division reports are prepared and provide accurate and timely reports to Sr. Management

COMMUNICATIONS & WORKING RELATIONSHIPS:


Internal


  • Regular work-related contacts with VP and all staff and team members within the Function on matters related to GF&I performance matters.
  • Contacts with senior management of all Functions in GF&I.
  • Regular contacts with other Directorates (like Upstream, DMT, LCS&IG Group IT, etc.).

External


  • Regular contact with Finance Management of ADNOC Group Companies.
  • Counterparts & members of the ADNOC Group, Shareholders, as required.
  • Government organisations and entities.

QUALIFI


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