Wael Bin-Othman, Senior Manager, Economics & Business Support

Wael Bin-Othman

Senior Manager, Economics & Business Support

SABIC

Location
Saudi Arabia - Jeddah
Education
Master's degree, MBA
Experience
19 years, 3 Months

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Work Experience

Total years of experience :19 years, 3 Months

Senior Manager, Economics & Business Support at SABIC
  • Saudi Arabia - Riyadh
  • My current job since May 2018

Economics & Business Support of Oxygenates products

Senior Business Manager, Asia Region at SABIC
  • China
  • January 2016 to May 2018

Run the operational business of Mono Ethylene Glycol “MEG” in Asia in terms of:-
1. Maximizing P&L
2. Marketing & Sales (pricing, volume allocations, cost of serving)
Working capital management (payment terms, inventory)
3. Asset management by chairing the Value Team in Asia manufacturing plant
4. Lead regional Sales & Operation Planning process in alignment with global S&OP
5. Responsible for Asia MEG annual local plan/budget and execution
6. Assure implementation of projects which are relevant to MEG in Asia

Business Manager, Greater China Region at SABIC
  • China
  • January 2013 to December 2015

Run the operational business of Mono Ethylene Glycol “MEG” in Greater China in terms of:-
1. Maximizing P&L
2. Marketing & Sales (pricing, volume allocations, cost of serving)
Working capital management (payment terms, inventory)
3. Asset management by chairing the Value Team in China manufacturing plant
4. Lead regional Sales & Operation Planning process in alignment with global S&OP
5. Responsible for China MEG annual local plan/budget and execution
6. Assure implementation of projects which are relevant to MEG in China

Economics & Business Support Manager at Sinopec SABIC Tianjin Petrochemical Co. (JV)
  • China
  • October 2009 to January 2013

Upon the establishment of SABIC JV in China named (Sinopec SABIC Tianjin Petrochemical Co Ltd “SSTPC”). I worked in the Business Planning Department (the only Saudi national worked in this pure state-owned Chinese cultural company) My roles were as follows:-
1. Collect and clarify SABIC guidelines with respect to business planning & budgeting / Products’ Cost Structures and then lead teams and activities for implementations
2. Participate in the monthly business plans of JV products e.g. polyethylene, polypropylene, glycols, butadiene, phenol, acetone, pygas …etc.
3. Develop and prepare monthly financial management reports to SABIC
4. Prepare annual business planning presentation packages for internal and external needs
5. Coordinate business matters with partners with respect to Sales, Operations and ERP System
6. Participate and provide support to new projects
7. Develop studies and reports as requested by SABIC management

Project Engineer at SABIC
  • China
  • February 2006 to October 2009

1- Worked in China Investment Department related to SABIC-Sinopec U$ 2.7 Billion Joint Venture in Tianjin, China
2-Captilized on language & culture knowledge to coordinate project negotiation activities with Chinese partner "Sinopec"
3-JV Marketing agreements & logistics negotiation member

Product Executive at SABIC
  • Saudi Arabia - Riyadh
  • January 2005 to February 2006

1-Study Olefins "ethylene/propylene/butadiene/butene" products trends in the market
2-Allocate production within market to maximize profits
3-Make sales lifting plans
4-Share in managing the inventory, in making the right netbacks and in managing the database for products and markets
5-Assist in developing the marketing strategy and in developing the yearly marketing plans
6-Track and report marketing performance by country and regional markets

Education

Master's degree, MBA
  • at Shanghai University of Finance & Economics and Webster University (Joint Program)
  • December 2015
Diploma, Chinese Language
  • at Shanghai International Studies University
  • January 2008
Bachelor's degree, Indutrial Engineering
  • at King Abdul Aziz University
  • July 2005

Specialties & Skills

Leadership
Business Acumen
Feasibility Studies
Financial Data
Chinese culture
MS Access
MS Excel, Word, PPT, Outlook, Visio, Frontpage
C++, Arena simulation, ER win

Languages

Chinese
Expert
English
Expert
Arabic
Expert

Training and Certifications

Personal Leadership (Training)
Training Institute:
SABIC Academy
Date Attended:
November 2014
Duration:
32 hours
Optimization Product Profitability (Training)
Training Institute:
SABIC Academy
Date Attended:
November 2014
Duration:
24 hours
Winning at Negotiating & Influencing (Training)
Training Institute:
Baker Communications
Date Attended:
May 2015
Duration:
16 hours
Business Simulation Apples & Oranges (Training)
Training Institute:
CELEMI
Date Attended:
May 2015
Duration:
8 hours
Effective Presentation Skills (Training)
Training Institute:
Al-Taweel Co.
Date Attended:
February 2005
Effective Communication Skills (Training)
Training Institute:
Al-Taweel Co.
Date Attended:
February 2005
Basic Technical Report Writing (Training)
Training Institute:
Al-Taweel Co.
Date Attended:
February 2005
Overview of the Organic Chemical Industry, Technology, Economics and Marketing (Training)
Training Institute:
Nexant
Date Attended:
November 2006
Business Simulation- Decision Base (Training)
Training Institute:
CELEMI
Date Attended:
June 2013
Complex Project Management (Training)
Training Institute:
Lnoppen
Date Attended:
December 2008
Sales Negotiations (Training)
Training Institute:
SABIC Learning
Date Attended:
November 2012
Advanced Finance for Non Finance Leaders (Training)
Training Institute:
SABIC Learning
Date Attended:
October 2012
Advanced Excel VBA (Training)
Training Institute:
Shanghai Nan Yang
Date Attended:
October 2008
Self & Time Management (Training)
Training Institute:
Al-Taweel Co.
Date Attended:
February 2005