CAPEX Supervisor

Summary:

To coordinate capital investment requests across enterprises subordinate to SOCAR Downstream Management LLC (SDM) from the initiation through to the final investment decision, as well as to perform other necessary activities.

 Responsibilities:

• To organize the centralized collection of capital investment-intensive initiatives from production units subordinate to SDM and ensure the allocation of responsibilities among personnel
• To ensure communication between SDM Investment Committee and the initiative owner in clarifying the project details with the initiative owners and during selection decisions
• To manage communications with disciplines within SDM in order to provide details on Projects approved by SDM Investment Committee as based on various criteria established by SOCAR Head Office
• To evaluate each Project in line with SDM risk matrix, as well as to classify them according to its nature and manage the elaboration of the project estimate together with related disciplines
• To participate in the development of project economic models or revise completed economic models
• To prepare presentations, collect accompanying documents and submit them to the Investment Function of the Head Office; respond, in collaboration with involved disciplines, to inquiries from the Investment Function of the Head Office based on the obtained data
• To follow up on the projects across all stages from the initiation to the final investment decision, and provide all information as required
• To follow up on the planned and actual results of the capital expenditures for the ongoing projects and to participate in the reallocation of the total project portfolio for the current period
• To participate in updating internal workflows and procedures in line with new guidelines as received from SDM Investment Committee and/or the Head Office
• To prepare procedures and internal instructions within the framework of transformation to the Target Operating Model that covers Capital Investments (a part of the Investment Subfunction)
• To ensure the preparation of reports on projects requiring capital investments.

Requirements:

• At least 7 years of experience in a relevant or adjacent field (e.g., Project management, Project engineering management etc.)
• Bachelor's degree in Finance, Risk Management, Project Management, Oil Refinery Management or Engineering
• Master's degree in related fields will be an advantage.
• To establish alignment between enterprise strategy and initiative projects
• Experience in engineering or financial feasibility studies of projects will be preferred
• Project management experience will be an advantage
• Knowledge of legislation and regulations in relevant and adjacent fields
• Experience in risk policy, risk matrix and risk mitigation fields
• Preparation of professional presentations and reports on projects.

Any other specific requirements:

• An excellent verbal and written communication ability
• Ability to work in multidisciplinary and multitasking environment
• Problem solving and conflict resolution skills
• Advanced user of Excel and other MS Office programs
• The ability to use financial analysis, data science and analytics programs will be an advantage
• Any of the PMI-PMP, PMI-RMI certifications will be an advantage
• Proficiency in English, Russian and Turkish will be an advantage.

Application Instruction:

Kindly submit your CV and indicate the position you are applying for in the Subject line. All applications for the advertised post will be assessed and given equal opportunities.

Application closing date: 30.06.2024