Techno-economic Modeling Specialist

1. Job Title:
Techno-economic Modeling Specialist

2. Job Summary:
We are currently seeking a Techno-economic Modeling Specialist to join our Technology Strategy & Planning Department (TSPD).

TSPD are responsible to provide high-impact leadership and support across the technology life-cycle, from strategy setting to value realization and sustainable growth, and partner with corporate and business stakeholders to integrate new technologies into the company’s strategies and investment plans.

Your primary role will be to play a key role in the rollout of enhanced technology management processes across the Company, with responsibility to support techno-economic evaluation and strategic decision-making processes in the technology organization. This vital role enables optimal value realization from technology by providing accurate, timely, and detailed analysis of economic, financial, and commercial data regarding technology development, demonstration, and deployment opportunities.

3. Tasks and Responsibilities:

• Support strategic option analysis and inform key product development strategies via provision of cost-benefit assessments and analysis, measurable business value drivers, data-driven analysis, product analytics, decision making process, as well as validation of economic and risk assumptions; present findings and recommendations based on analysis to senior management decision making.
• Analyze trends and market intelligence to support the development of business cases (and value hypothesis) for technology projects going through the corporate technology stage-gate process.
• Create financial models and establish the value of technologies for potential commercial applications, in support of technology development, deployment and external licensing efforts.
• Support technology project teams in the development of a robust financial case for internally developed technologies, including techno-economic models for investment appraisal of technologies in the stage-gate process.
• Provide detailed financial and economic insights for evaluating technology project performance by analyzing relevant data against key performance measures.
• Support technology development, demonstration, internal deployment and external commercialization opportunities, including implementation of robust deployment plans. This includes tracking and accurately reporting the value realized from deployed technologies, as well as supporting internal and external reviews of the relevant financials.
• Provide input to help evaluate licensing opportunities to enable favorable license terms.
• Develop, manage and assure the quality of economic modelling tools used within TOC.
• Periodically review and improve financial models, maintain and update the repository of licenses and portfolio position on all approved technology/innovation applications.
• Work flexibly across TOC and/or R&D domains as required.
• Share and transfer techno-economic evaluation fundamentals knowledge to increase financial acumen in the organization.

4. Education Level:
Bachelor’s degree in Engineering (Chemical, Electrical, Software, Material, Mechanical etc), Statistics, Data Analytics, Economics, Econometrics, Business Administration, or a related discipline. An advanced degree or financial certification (MBA/Finance/CFA) is highly preferred.

5. Years of Experience:
Minimum 13 years professional experience, including a minimum of 5 years in leading organizations in the energy or chemicals sector, and/or with leading management consulting firm(s); and 5 years conducting incremental, cost-benefit/effectiveness, commercial deal structuring and budget impact analyses for decision making, using mathematical, economic or statistical modelling tools and techniques.

6. Country:
Saudi Arabia

7. City:
None — Work location is within Saudi Arabia and will be specified in the job offer.

8. Apply Before:
26 August 2027