Senior Manager - Commercial Budgeting
Posted date [2026-06-28]
(ID: 47172)
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Founded in 1971, ADNOC is a leading diversified energy group, wholly owned by the Abu Dhabi Government. Our network of fully integrated businesses operates across the energy value chain, helping us to responsibly meet the demands of an ever-changing energy market.
Already in the top tier of the lowest carbon intensity oil and gas producers in the world, we are taking significant steps to make today’s energy cleaner while investing in the clean energies of tomorrow, strengthening our position as a reliable and responsible global energy provider. We are allocating an initial $23 billion to advance and accelerate lower-carbon solutions, investing in new energies and decarbonization technologies to enable our net zero by 2045 ambition and our commitment to zero methane emissions by 2030. ... |
Job Description and Requirements
Senior Manager - Commercial BudgetingJob Snapshot
Role: Senior Manager - Commercial Budgeting
Location: Abu Dhabi Emirate, United Arab Emirates
Industry: Oil and Energy
Function: Budgeting/Cost Control
Experience: Minimum 15 years in procurement, commercial budgeting, supply chain, or financial planning, preferably in oil and gas
Job Type: Full-time
Position Overview
Senior Manager - Commercial Budgeting in Abu Dhabi Emirate, United Arab Emirates is an Oil and Energy hiring opportunity focused on commercial budget planning, cost analysis, financial performance reporting, procurement budget governance, and operational excellence across C and ICV executive functions and Group Companies procurement teams. This role leads the development, monitoring, control, and reporting of commercial budgeting plans while ensuring alignment with corporate financial policies, procurement priorities, stakeholder requirements, and ADNOC Group objectives.
Job Details
Country: United Arab Emirates
City: Abu Dhabi Emirate
Industry: Oil and Energy
Function: Budgeting/Cost Control
Salary: 50000-70000
Estimated salary range
based on similar jobs in the job city; please confirm the final offer with the employer.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Senior Manager - Commercial Budgeting will drive financial discipline across the Group Commercial Function by supervising budget planning, cost analysis, expenditure monitoring, work program review, and monthly performance reporting. The position connects procurement strategy, commercial planning, financial governance, supplier market awareness, and cross-functional collaboration to ensure budgets are realistic, controlled, and aligned with business objectives. By coordinating with Corporate Planning, Finance, Legal, Group P and C, Group Companies, shareholders, vendors, contractors, and government entities, the role supports stronger decision-making and more accountable commercial performance.
Key Responsibilities
* Supervise the development, monitoring, reporting, and execution control of the commercial budgeting plan for C and ICV executive functions and Group Companies procurement teams.
* Optimize delivery of the Group Commercial Function budget in line with corporate financial policies, systems, procedures, governance requirements, and commercial agreements.
* Lead commercial budgeting plan development across the function, directorate, and relevant stakeholders to support annual and periodic planning cycles.
* Monitor budget performance, cost movements, work program commitments, and financial obligations to keep spending aligned with objectives.
* Control budget and cost analysis activities, reviewing financial plans and recommending adjustments where required.
* Analyze financial aspects of work programs and budgets to ensure consistency with function objectives, procurement priorities, and ADNOC financial interests.
* Review financial obligations related to concessions, commercial agreements, procurement commitments, and other function-level responsibilities.
* Coordinate with Corporate Planning and Performance focal points for periodic financial performance reviews of the function.
* Develop monthly financial performance reports for line management, direct reports, and functional leadership.
* Supervise preparation and checking of monthly financial performance reports to ensure accuracy, consistency, and timely submission.
* Investigate significant budget variances, highlight risks, reconcile differences, and recommend corrective actions for cost control.
* Support operational excellence in commercial planning by improving budget governance, reporting discipline, analysis quality, and stakeholder coordination.
* Review expenditure trends, procurement-related spend, work program assumptions, and budget utilization to identify financial risks and improvement opportunities.
* Provide commercial and financial insight to senior leadership to support decision-making across procurement, market development, and supply chain initiatives.
* Work closely with Group Commercial and ICV teams to ensure budgeting activities reflect current business priorities and strategic sourcing direction.
* Collaborate with other functions including Group P and C, Finance, Legal, ADNOC Group Companies, and shareholders to align budgeting and reporting requirements.
* Interface with local and international suppliers, vendors, contractors, third-party service providers, government entities, and international oil and gas representatives when required.
* Plan and supervise department personnel and resources to achieve division objectives efficiently and cost-consciously.
* Develop department knowledge, competencies, innovation, Personal Development Plans, succession planning, and talent pipelines in coordination with the Human Capability Group.
* Support development of UAE Nationals and Emiratization targets through structured capability-building within the department.
* Compile and provide input for division budgets, monitor department expenditure, and maintain effective performance and cost control.
* Lead implementation of approved department policies, processes, systems, standards, procedures, and internal controls.
* Implement the company performance management system and monitor department KPIs linked to annual performance contracts and the balanced scorecard.
* Review and recommend organization structure improvements to optimize human capital and support business objectives.
* Encourage innovation, change management, employee motivation, and continuous improvement in department operations and services.
* Propose process improvements against best practices and ISO standards to improve efficiency and resolve departmental challenges.
* Support HSE culture, sustainability practices, HSE training, and compliance with ADNOC Code of Practices.
* Prepare department MIS reports, progress reports, performance updates, and accurate management information for business decision-making.
Ideal Profile
* Bachelor’s Degree in Engineering, Supply Chain, Business Administration, or an equivalent discipline.
* Minimum 15 years of professional experience in procurement, commercial planning, budgeting, cost control, supply chain, or related commercial functions.
* Experience in the Oil and Energy sector or oil and gas procurement environment is preferred.
* Strong experience supervising budgeting plans, financial performance reporting, cost analysis, procurement budgets, and commercial work program reviews.
* Good knowledge of corporate financial policies, budget governance, internal controls, commercial agreements, concessions, and procurement planning processes.
* Strong understanding of global supply chain management, market development, sourcing trends, supplier markets, and commercial decision-making.
* Ability to analyze financial aspects of procurement work programs and recommend changes that protect business objectives and financial interests.
* Experience working with Corporate Planning, Finance, Legal, P and C, procurement teams, Group Companies, suppliers, vendors, contractors, and government entities.
* Strong knowledge of applicable legislation, regulations, commercial policies, procurement governance, and market environment considerations.
* Skilled in preparing monthly financial performance reports, MIS updates, budget variance analysis, cost summaries, and management presentations.
* Excellent communication and English language skills with strong business writing capability.
* Analytical thinker with sound decision-making ability and strong commercial judgment.
* Strong negotiation capability and persuasive communication skills for leading discussions and aligning stakeholders.
* Good people management, planning, coordination, performance monitoring, and continuous improvement skills.
* Able to work in a structured Oil and Energy environment with high expectations for governance, cost control, stakeholder alignment, and operational excellence.
Skills Set
* Commercial budgeting
* Budget planning
* Cost control
* Cost analysis
* Financial performance reporting
* Procurement budgeting
* Commercial planning
* Work program review
* Budget variance analysis
* Expenditure monitoring
* Financial obligations review
* Concession agreement review
* Monthly performance reports
* MIS reporting
* Corporate planning coordination
* Performance review
* Supply chain management
* Procurement governance
* Market development
* Strategic sourcing awareness
* Supplier market analysis
* Domestic market knowledge
* International market knowledge
* Contractor coordination
* Vendor coordination
* Stakeholder management
* Business writing
* Analytical thinking
* Decision making
* Negotiation
* Persuasive communication
* Operational planning
* Budget monitoring
* Performance management
* Balanced scorecard
* Internal controls
* Policy implementation
* Process improvement
* ISO standards awareness
* Emiratization support
* HSE compliance
* ADNOC Code of Practices
Why Join Us
This opportunity is ideal for a senior procurement and commercial planning professional who wants to lead budget governance and financial performance reporting within Abu Dhabi Emirate’s Oil and Energy sector. The role offers strategic exposure to Group Commercial and ICV planning, procurement budgeting, cross-functional financial review, supplier market insight, cost control, and commercial performance improvement. It is a strong career move for someone who can combine procurement expertise, financial discipline, stakeholder influence, and structured operational leadership in a major energy organization.
About the Company
ADNOC Group is a leading energy company headquartered in Abu Dhabi, United Arab Emirates, with operations across the full oil and gas value chain. The group plays a central role in energy production, industrial development, supply chain growth, and long-term economic value creation for the UAE. Through its commercial, procurement, and ICV functions, ADNOC Group offers professionals the opportunity to support strategic sourcing, budget discipline, market development, supplier engagement, and sustainable Oil and Energy business performance.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Senior Manager - Commercial Budgeting will drive financial discipline across the Group Commercial Function by supervising budget planning, cost analysis, expenditure monitoring, work program review, and monthly performance reporting. The position connects procurement strategy, commercial planning, financial governance, supplier market awareness, and cross-functional collaboration to ensure budgets are realistic, controlled, and aligned with business objectives. By coordinating with Corporate Planning, Finance, Legal, Group P and C, Group Companies, shareholders, vendors, contractors, and government entities, the role supports stronger decision-making and more accountable commercial performance.
Key Responsibilities
* Supervise the development, monitoring, reporting, and execution control of the commercial budgeting plan for C and ICV executive functions and Group Companies procurement teams.
* Optimize delivery of the Group Commercial Function budget in line with corporate financial policies, systems, procedures, governance requirements, and commercial agreements.
* Lead commercial budgeting plan development across the function, directorate, and relevant stakeholders to support annual and periodic planning cycles.
* Monitor budget performance, cost movements, work program commitments, and financial obligations to keep spending aligned with objectives.
* Control budget and cost analysis activities, reviewing financial plans and recommending adjustments where required.
* Analyze financial aspects of work programs and budgets to ensure consistency with function objectives, procurement priorities, and ADNOC financial interests.
* Review financial obligations related to concessions, commercial agreements, procurement commitments, and other function-level responsibilities.
* Coordinate with Corporate Planning and Performance focal points for periodic financial performance reviews of the function.
* Develop monthly financial performance reports for line management, direct reports, and functional leadership.
* Supervise preparation and checking of monthly financial performance reports to ensure accuracy, consistency, and timely submission.
* Investigate significant budget variances, highlight risks, reconcile differences, and recommend corrective actions for cost control.
* Support operational excellence in commercial planning by improving budget governance, reporting discipline, analysis quality, and stakeholder coordination.
* Review expenditure trends, procurement-related spend, work program assumptions, and budget utilization to identify financial risks and improvement opportunities.
* Provide commercial and financial insight to senior leadership to support decision-making across procurement, market development, and supply chain initiatives.
* Work closely with Group Commercial and ICV teams to ensure budgeting activities reflect current business priorities and strategic sourcing direction.
* Collaborate with other functions including Group P and C, Finance, Legal, ADNOC Group Companies, and shareholders to align budgeting and reporting requirements.
* Interface with local and international suppliers, vendors, contractors, third-party service providers, government entities, and international oil and gas representatives when required.
* Plan and supervise department personnel and resources to achieve division objectives efficiently and cost-consciously.
* Develop department knowledge, competencies, innovation, Personal Development Plans, succession planning, and talent pipelines in coordination with the Human Capability Group.
* Support development of UAE Nationals and Emiratization targets through structured capability-building within the department.
* Compile and provide input for division budgets, monitor department expenditure, and maintain effective performance and cost control.
* Lead implementation of approved department policies, processes, systems, standards, procedures, and internal controls.
* Implement the company performance management system and monitor department KPIs linked to annual performance contracts and the balanced scorecard.
* Review and recommend organization structure improvements to optimize human capital and support business objectives.
* Encourage innovation, change management, employee motivation, and continuous improvement in department operations and services.
* Propose process improvements against best practices and ISO standards to improve efficiency and resolve departmental challenges.
* Support HSE culture, sustainability practices, HSE training, and compliance with ADNOC Code of Practices.
* Prepare department MIS reports, progress reports, performance updates, and accurate management information for business decision-making.
Ideal Profile
* Bachelor’s Degree in Engineering, Supply Chain, Business Administration, or an equivalent discipline.
* Minimum 15 years of professional experience in procurement, commercial planning, budgeting, cost control, supply chain, or related commercial functions.
* Experience in the Oil and Energy sector or oil and gas procurement environment is preferred.
* Strong experience supervising budgeting plans, financial performance reporting, cost analysis, procurement budgets, and commercial work program reviews.
* Good knowledge of corporate financial policies, budget governance, internal controls, commercial agreements, concessions, and procurement planning processes.
* Strong understanding of global supply chain management, market development, sourcing trends, supplier markets, and commercial decision-making.
* Ability to analyze financial aspects of procurement work programs and recommend changes that protect business objectives and financial interests.
* Experience working with Corporate Planning, Finance, Legal, P and C, procurement teams, Group Companies, suppliers, vendors, contractors, and government entities.
* Strong knowledge of applicable legislation, regulations, commercial policies, procurement governance, and market environment considerations.
* Skilled in preparing monthly financial performance reports, MIS updates, budget variance analysis, cost summaries, and management presentations.
* Excellent communication and English language skills with strong business writing capability.
* Analytical thinker with sound decision-making ability and strong commercial judgment.
* Strong negotiation capability and persuasive communication skills for leading discussions and aligning stakeholders.
* Good people management, planning, coordination, performance monitoring, and continuous improvement skills.
* Able to work in a structured Oil and Energy environment with high expectations for governance, cost control, stakeholder alignment, and operational excellence.
Skills Set
* Commercial budgeting
* Budget planning
* Cost control
* Cost analysis
* Financial performance reporting
* Procurement budgeting
* Commercial planning
* Work program review
* Budget variance analysis
* Expenditure monitoring
* Financial obligations review
* Concession agreement review
* Monthly performance reports
* MIS reporting
* Corporate planning coordination
* Performance review
* Supply chain management
* Procurement governance
* Market development
* Strategic sourcing awareness
* Supplier market analysis
* Domestic market knowledge
* International market knowledge
* Contractor coordination
* Vendor coordination
* Stakeholder management
* Business writing
* Analytical thinking
* Decision making
* Negotiation
* Persuasive communication
* Operational planning
* Budget monitoring
* Performance management
* Balanced scorecard
* Internal controls
* Policy implementation
* Process improvement
* ISO standards awareness
* Emiratization support
* HSE compliance
* ADNOC Code of Practices
Why Join Us
This opportunity is ideal for a senior procurement and commercial planning professional who wants to lead budget governance and financial performance reporting within Abu Dhabi Emirate’s Oil and Energy sector. The role offers strategic exposure to Group Commercial and ICV planning, procurement budgeting, cross-functional financial review, supplier market insight, cost control, and commercial performance improvement. It is a strong career move for someone who can combine procurement expertise, financial discipline, stakeholder influence, and structured operational leadership in a major energy organization.
About the Company
ADNOC Group is a leading energy company headquartered in Abu Dhabi, United Arab Emirates, with operations across the full oil and gas value chain. The group plays a central role in energy production, industrial development, supply chain growth, and long-term economic value creation for the UAE. Through its commercial, procurement, and ICV functions, ADNOC Group offers professionals the opportunity to support strategic sourcing, budget discipline, market development, supplier engagement, and sustainable Oil and Energy business performance.
