An exciting opportunity is available for Senior Advisor, Corporate Strategy Reports to, GM, Strategy located in Riyadh.

Job purpose:

Lead development of Tasnee’s long term corporate strategy, including Tasnee’s business portfolio (which businesses to divest / keep / grow / enter), overall corporate operating model (e.g., financial holdco vs operating company), value proposition to various stakeholders (e.g., investors, employees, government entities etc). Set mid to long term goals and identify strategic initiatives required to achieve the strategic goals.

Role responsibilities:

Manage and coordinate all aspects of Tasnee corporate strategy preparation and update, and drive the implementation to achieve Tasnee HQ strategic objectives, using Strategy Execution Framework. Responsibilities include:

1. Carefully monitor HQ cashflows and HQ ROIC over short, medium, and long term.
2. Stay up to date with developments in the industries and adjacent sectors, where Tasnee has existing petrochemical business.
3. Stay aware of the local and global competition, technological and regulatory changes, serving as an input and foundation of Tasnee’s long-term corporate strategy.
4. Carry out SWOT analysis for Tasnee corporate and each business unit.
5. Develop corporate strategy aimed at improving stakeholders value, including the portfolio strategy, that defines:
6. What business areas to focus on and keep in Tasnee portfolio.
   What businesses should be divested.
   Focus business areas and geographies for growth.
   New areas of business areas for Tasnee.
   
7. Develop and update Divestment and M&A strategies, in line with Corporate Strategy.
8. Commission appropriate research and analysis from internal and external sources to ensure that the strategy recommendations are based on reliable information.
9. Set mid to long term targets for Tasnee as a corporate entity to improve value proposition for the stakeholders (Shareholders, employees, government)
10. Identify, define and drive implementation of initiatives to achieve mid to long term targets, using Strategy Execution Framework (SEF).
11. Work collaboratively with colleagues within the Strategy & Growth department and establish effective working relationships to produce joint recommendations on policies, strategic issues and new initiatives.
12. Prepare and make written and verbal communications for internal and external audiences in respect of Tasnee corporate strategy.

Qualification and Requirements:

• Masters/Graduate degree in general management, economics, engineering or other related field.
• MBA or equivalent post-graduate qualification internationally recognized university in Finance or Strategy
• 10+ years’ experience in Strategy, Business Development, Finance, or Investment Management.
• Problem solving – proven ability to translate creative ideas into practical reality.
• Strategic thinking – ability to evaluate complex strategic and policy issues with clear analysis and judgement.
• Excellent analytical and quantitative skills, and experience in Microsoft Excel modelling