Manager, Finance Fuel

Journey with us! Combine your career goals and sense of adventure by joining our exciting team of employees. Royal Caribbean Group is pleased to offer a competitive compensation and benefits package, and excellent career development opportunities, each offering unique ways to explore the world.

POSITION SUMMARY:  

Manager of Finance Fuel is responsible for all forecast and analysis regarding Fuel Consumption, Fuel Expense and Hedging plans. This position will be responsible for providing regular insight on to management on fleet fuel efficiency and supervise a team of 1-4 people. This position will monitor global energy markets, maintain short term and long-range fuel expense models, provide weekly updates to the CFO, Corporate Planning and Brand Finance Leaders on projected fuel expense and value of fuel hedge portfolio.

This team will apply analytical and data-driven techniques to measure and forecast the company’s Total Fuel Position and report the Fleet’s Operational Variances to upper-Management. The Manager will lead strategic analytical activities that support the company’s fuel planning and business intelligence initiatives. With additional focus on the long-term market and emission regulations, the Manager will also lead updates on Global Sulfur IMO regulation, Strategic Deployment Model, Long Range Consumption Plan and Green House Gases Model.

Additionally, the Manager should possess in-depth financial and analytical expertise to establish themselves as a subject-matter expert (SME) in the Energy Management organization. This includes expertise in gathering business requirements, collecting, and storing relevant data, processing and modelling the data, and providing the data-driven solution in an easy-to-understand format to our stakeholders. The ideal candidate will need to lead and manage a team of analysts to deliver the high-quality analytics and insights that drive decision making and strategic development to improve the effectiveness and accuracy of the company’s Fuel Consumption, Expense, and Hedging Plans.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Responsible for Managing and Assisting with the Development of the Fuel Consumption, Expense and Hedging Plan for RCI, CEL and SSC. Engage with each Brands Finance Dept. and generate accurate financial reports for Sr. Executives to review on a weekly/monthly basis.
• Manage and Analyze the Fleet’s Operational Variances. Work closely and assist the Marine Operations, Corporate Planning, Accounting, Treasury and Supply Chain departments with Bunker related operational explanations.
• Lead and Direct Frequent Ad Hoc Analysis / Updates requested by Upper Management. Provide guidance related to Bunker impact as a result of potential operational changes.
• Manage and Assist in Developing Annual Fuel Consumption Plan - By Leg and Voyage. Lead, review and have consistent alignment of Fuel Plan with Deployment and Onboard officers.
• Collaborate with Chief Engineers and Captains when leading energy optimization projects and fuel planning.
• Lead maintenance and updates related to ship specific fuel speed curves and fuel consumption mix required in the fuel planning process.
• Collaborate with Newbuild team on delivery dates and energy efficiency plans of new ships.
• Analyze fleet’s performance and report findings to marine operations to drive change throughout the organization; engage performance review with ship managers and fleet directors.
• Supervise and lead updates on Global Sulfur IMO regulation, Strategic Deployment Model, Long Range Consumption Plan and Green House Gas Plan.
• Oversee the Design, Development, and implementation of digital tools that allow business users to efficiently manage and optimize bunker expense.
• Supervise the maintenance and developmental enhancements of the existing Fuel Forecasting Management tool (BAT). Envision and guides new system features and functionality to make existing digital tools more efficient and user-friendly.
• Leverage analytical and technical tools and techniques to analyze data sets and develop custom models/solutions to uncover trends, patterns and insights in the data.
• Automate data collection and mandate tasks that feed our internal forecasting tools & energy reports.
• Review Communication and Presentation Material prepared by direct report before submission to executives.
• Collaborate with deployment team on current and forward-looking assumptions, including a more detailed long-term blocking scheduled with proper fuel assumptions.
• Work with data engineer to re-create Bunker Automation Tool and transfer all Hyperion queries into Azure Database.
• Responsible for gathering data for yearly CDP (Carbon Disclosure Project) reporting in conjunction with Environment team
• Review and validate deployment Data integrity - region changes, missing distances, discrepancies in speeds.
• Set AEP Scrubber utilization targets for weekly reporting to marine and executive leadership.
• Responsible for forecasting, analyzing, and tracking Carbon Intensity Indicators for (RCI, CEL & SSC)
• Responsible for consolidating and vetting all assumptions and inputs from all key departments in charge of decarbonization levers and have all inputs flow through the Fuel Plan out to 2030 across Forecast (Monthly Cadence), Plan and Long-Range Models (Quarterly+ Cadence).
• Responsible for EU Carbon tax forecasting, planning and long-range planning.

FINANCIAL RESPONSIBILITIES:

• Responsible for providing business users with analytical insight in order to properly manage and forecast the annual fuel expense in excess of $1 billion .
• Responsible for bunker forecasting, planning and 7-year long range planning with quarterly deployment updates.
• Provide variance analysis reports to Accounting, Finance & Corporate Planning by brand on Volume, Fuel Mix, Rate, Swaps and Miscellaneous accounts..
• Perform sensitivity analysis based on forward looking speculation and scenarios.
• Review and validate new swaps trades and their impact to current plan along with data engineer.
• Responsible for consolidating Bunker Expense reporting for 10k, quarterly earnings call and other financial disclosures.
• Responsible for forecasting, planning and variance analysis and reporting for Shorepower operational expenses.
• Decarbonization (quantitative support):

• • Responsible for gathering, vetting, and calculating our corporate decarbonization KPI.
  • Responsible for collecting and compiling short- and long-term emissions, OpEx and CapEx investments, and intensity metrics needed for reporting on our corporate decarbonization.
  • Responsible for providing and reviewing all figures on SCMs and ECSMs presentations.
  • Engages on qualitative and quantitative analysis related to decarbonization strategy as it relates to the fuel plan and the 7 levers.

EDUCATION, EXPERIENCE, KNOWLEDGE, & SKILLS:

• Bachelor’s degree (B.S.) in Finance, Engineering or other highly analytical field from an accredited college or university. Post graduate degree and/or engineering studies are highly preferred.
• 8+ years of hands-on experience with Enterprise Financial applications and processes
• Must be well organized, methodical and pay close attention to detail, possess strong estimating, planning and time management skills and demonstrate the proven ability to prioritize and manage multiple responsibilities simultaneously.
• Sound leadership skills to coach, mentor and motivate teams. Effective interpersonal skills with strong focus on building strategic client-based relationships and teamwork. Exceptional customer service orientation.
• Excellent written and oral communication skills with exceptional follow-through practices.
• Excellent critical thinking, verbal and written communications skills, with strong experience in communicating with senior managers and executives.
• Highly motivated, curious, collaborative, and innovative.
• Ability to display data visually, creating powerful presentations which effectively quantify and justify value created to both analytical and non-analytical audiences.

PHYSICAL DEMANDS:

Desk job with some visits to the ships (Domestic & Intl. travel) as required. The physical demands described here are representative of those requirements employees must meet to perform the essential functions of this job with or without reasonable accommodations.  While performing job functions the employee is regularly required to sit, stand, write, review and type reports, compile data, operate a pc, communicate, listen, and assess information.
The employee may move about the office complex, may travel to other office locations and may lift, push, pull or move 10 - 15 pounds.

WORK ENVIRONMENT:

Working in a corporate office environment and sometimes onboard the ships for work, as required. The work environment characteristics described here are representative of those an employee might encounter while performing the essential functions of the job. The environment includes work inside/outside the office.

We know there's a lot to consider. As you go through the application process, our recruiters will be glad to provide guidance, and more relevant details to answer any additional questions. Thank you again for your interest in Royal Caribbean Group. We'll hope to see you onboard soon!

It is the policy of the Company to ensure equal employment and promotion opportunity to qualified candidates without discrimination or harassment on the basis of race, color, religion, sex, age, national origin, disability, sexual orientation, sexuality, gender identity or expression, marital status, or any other characteristic protected by law. Royal Caribbean Group and each of its subsidiaries prohibit and will not tolerate discrimination or harassment.

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