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Recruitment fraud and scam alert

Please be aware that Borouge has been receiving notices from candidates seeking clarification of job offers and recruitment propositions they receive. These job offers come from organisations or individuals who are falsely pretending to recruit on behalf of the Abu Dhabi Polymers Company (Borouge) or by people claiming to work for, or are affiliated, to Borouge. In return, they ask the recipients of the job offers to transfer a significant sum of money to pay for certain employment requirements such as visa, etc.

Please note that neither Borouge nor any of the legal organisations that recruit on our behalf ask for any money or payments from applicants at any point throughout the recruitment process. All the successful individuals who have been directly or indirectly provided with job offers from Borouge are always required to go through a formal recruitment process. All communications with this regard should originate from a verifiable Borouge email address (borouge.com) and not from an internet email addresses such as hotmail, yahoo or others.

What you need to do…

• Do not respond to unsolicited job offers from organisations or email addresses that you do not know or trust especially when you have not applied nor gone through any interview with Borouge yet

• Do not disclose your personal or financial details to anyone you do not know or trust or on a website you are not familiar with

• Be aware and look out for suspicious signs such as communications from non-Borouge email addresses, poor use of English and materials and requests for fees or money

As we extend our compassion to those who have been victimised or lost money in this way, Borouge cannot be held responsible for these scam actions.

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Job Details

BOR3273 - Senior / Data Scientist

Company Borouge Pte Ltd (Singapore)
Function Business Optimisation
Job Group Business Optimisation
Location Singapore
Contract Type Full Time / Permanent
Closing Date 03-Feb-2023
About The Role

About the Role:

Reporting to the Head, Strategic Pricing, the jobholder is responsible for driving overall operational pricing strategy for the company, and coordinate with key commercial functions to execute the financial objectives. As a Data Scientist and Strategic Pricing Manager, the job holder will be responsible for the design and implementation of the pricing processes to achieve the targeted margins for the company. This role will be part the Business Optimisation function to improving overall profitability for the company and establish effective sales and pricing framework

The jobholder should possess deep market knowledge including areas of data establishment & management, analysis of mid-to-long-term macro-economic factors, energy & commodity markets, price forecast modelling and comparative production economics to support decision-marking for executive management in Borouge. The jobholder should also be able to provide analysis, business insights and recommendations on strategic and operational business issues and consulting and industry expertise and deep analytical knowledge, challenge status quo and guarantee robustness of the specific strategies.

Other significant responsibilities include the project execution and the development of predictive analytics which may also include basic programming and the ability to communicate complex data models to executive management, and regular reporting of the company performance to management and board.

The jobholder will require a multi-disciplinary skillset to apply knowledge of different fields to practical business needs of the organization ranging from corporate financial, strategy, data modelling, operational and technology aspects.

This position is based in Singapore.

Key Accountabilities
Key Accountabilities:

 

Strategic Business Insights & Business Plan

  • Proactively provide analyses and business insights on the industry, petrochemical markets and related commodity markets, providing recommendations to support decision making by senior management
  • Engage with different departments to understand and distill information, consolidate analyses, identify actionable recommendations for different time horizons and layers - strategic, tactical and operational.

Business Plan General Guidelines and Assumptions

  • Review and issue the approved annual General Guidelines and Assumptions document for annual business planning cycle exercise with 5-year outlook on polyolefin-related markets, macro-economic indicators and pricing outlooks
  • Facilitate alignment of detailed price forecasts on olefins and polyolefin with parent companies ADNOC and Borealis 
  • Issue price assumptions with various crude oil scenarios to support business planning process

Market Analysis

  • Develop, align and communicate succinctly Borouge’s market view to internal stakeholders and maintain as Borouge’s thought leader in the markets.
  • Keep up-to-date on the global economy, energy and polymer markets, and other trends that affect the profitability of the polymer sector.
  • Perform regular analysis on market and internal data. Distil and provide insights of analysis to the Business Optimisation team
  • Make decisions on the relevance or need of 3rd party data, 3rd party systems, database and predictive model needs
  • Develop, maintain and present visualisations for market analysis to senior management

Forecasting

  • Build and maintain fundamental models to drive the overall operational to long-term pricing strategy for the company, and coordinate with key corporate functions required for the predictive modelling needs
  • Forecast fundamentals and prices for polymer and energy markets. Develop a view on macroeconomic economic outlook. The different time horizons of the forecasts include long-term for asset investment, medium-term for business plan and budget year, and short-term 1-3 months of optimization for production and sales planning.
  • Communicate and align forecasts with stakeholders
  • Measure, track and review the accuracy of forecasts
  • Periodically test new and previous datasets relevance in forecasts
  • Regularly review the price forecast model, with respect to correlation to data sources, and forecast algorithms to improve forecast accuracy

Strategic Pricing Process

  • Support the Head of Strategic Pricing on developing pricing setting strategies based on market analysis, and statistical models to be built. This involves full understanding on business requirements, internal constraints, as well as market development and potential open tactical opportunities for next 6 to 12 months.
  • Support Head of Strategic Pricing in the alignment of pricing strategy, constantly testing the current view based on changes in market and business conditions
  • Communicate pricing setting strategies and coordinate with regional pricing team to achieve business objectives
  • Assisting in implementation and execution of the Strategic Pricing processes to achieve the targeted margins for the company through accurate forecasting.
  • Support Head of Strategic Pricing in leading pricing projects and assignments to support business continuity, and sustainable short / long term contingency plans to anticipate market or demand dynamics.
  • Support the Head of Strategic Pricing in identifying and contributing to margin improvement projects to improve profitability 
  • Maintain as technical pricing subject matter expert, staying alert about market developments, and best practices in processes and technology. 

Operational and Management

  • Support Head of Strategic Pricing in operationalizing pricing strategy and initiatives
  • Deputize Head of Strategic Pricing to run pricing and coordination meetings
  • Ensure continual improvement and standardization of regional pricing controls in line with the overall pricing governance.
  • Support Head of Strategic Pricing in providing pricing advice across the company; for the team and required stakeholders to ensure meeting the business expectations, and provide analysis on topics such as pricing strategies and hedging 

Data Science & Automation Projects

  • Lead the project team to execute the price forecasting project to develop predictive models with 3rd party vendors by working closely with the Program Management Office team and maintaining as expert for the project.
  • Interface with IT, finance, procurement and other teams to implement appropriate database systems and programs as required
  • Provide reports and status updates to the Steering Committee and other Project team members
  • Automate simple repeated processes using basic programming in VBA, Python, and/or engaging other relevant teams.
  • Assist in the design and implementation of Pricing Tool 

 

Qualification & Experience
Minimum Qualification
  • University degree, preferably with post-graduate qualifications (MBA strongly preferred)

  • Fresh Masters graduates in Marketing, Business or Computing Science are welcome to apply

Minimum Experience, Knowledge & Skills
  • Fluency in English Language; written and oral
  • 8 – 12 years of total experience preferred.
  • Stellar verbal and written communication skills
  • Expert in MS PowerPoint and MS Excel
  • Business acumen to understand profit drivers in business, operations and financial concepts
  • Independent thinker and problem solver
  • Good interpersonal skills and team player
  • Basic experience in Python or VBA
  • Experience in the commodity sector is advantageous
  • Data modelling experience is advantageous
  • Experience in automation tools is advantageous
Internal Applicant Statement By applying for this job posting, I understand and acknowledge the following required HR criteria:
  • I understand the job scope and meet the requirement for this role.
  • I have been in my current position for at least 2 years.
  • I did not receive any disciplinary warnings for the past 1 year.
  • I obtained minimum 2 “Solid Performer” ratings and above during the past 3 years.

I understand that information relating to the above criteria and provided in this application would be shared with the interview panel as part of the HR interview process requirement.

With this application, I also understand, acknowledge and consent to the collection, storage, transfer (including offshore transfer), processing, disclosure and erasure of my personal data in accordance with, and for the purposes set out in, this statement and the Data Protection Notice for Employees. I also understand that giving or withdrawing this consent does not affect any of the terms and conditions of my contract of employment or services contract.   Unless I am informed or there is a policy governing the employment terms due to changes in my position, there will be no change to my current employment terms.

Note: you will be required to attach the following: 1. Resume/CV
2. Passport-size photograph

Welcome to Borouge Career Portal

Our Mission is  Value creation through people and innovation

and Our Vision is to be the recognised leader in creative polyolefin solutions that

have a positive impact on society today and tomorrow

 

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Borouge respects your privacy. This Privacy & Cookie Policy outlines how we manage and protect your personal data. It is meant to help you understand what information we collect, why we collect it, and your rights with regard to such information.

Borouge is a group of companies based in the United Arab Emirates and Singapore, with multiple offices across the globe. In this Privacy & Cookies Policy, when we refer to the Borouge Group, this means all of our affiliates, subsidiaries, related entities, and any of our branches and offices, including without limitation Abu Dhabi Polymers Co Ltd, Borouge Pte. Ltd., and Borouge Sales and Marketing (Shanghai) Co. Ltd.

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The websites of the Borouge Group's holding companies, the Abu Dhabi National Oil Company and Borealis AG, are operated independently of the Borouge Group's website and will be covered by the policies of these respective entities.

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Depending upon your use of our website, we may collect some or all of the following personal and non-personal data (please also see section below on our use of Cookies and similar technologies):

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Specifically, we may use your data in order to:

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Your personal data may also be disclosed for the purposes listed above to the following third parties:

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Our data protection officer may be contacted at lesliefaisal.d'cruz@borouge.com.

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Last updated: 27 February 2020