• Full Time
  • Lagos

REPORTS TO: Chief Commercial Officer

JOB PURPOSE: Responsible for ensuring the strategic intent of the Board is implemented through an aligned multi-year Corporate Business Plan, deploying a Risk Management Framework that effectively mitigates and manages business risks.

PRINCIPAL ACCOUNTABILITIES

  1. Responsible for the full implementation of the Board’s aspiration, distilling the long-term strategic plan into annual Corporate and functional business plans.
  2. Liaise with all key internal and external stakeholders to develop a business plan and budget that integrates the various business streams (Upstream, Midstream and Downstream) and the business priorities of the Waltersmith board.
  3. Lead the development and effective deployment of a business planning and budgeting process – educating and guiding the rest of the organisation on the process, tools and key milestones required for a successful planning process.
  4. Responsible for building and applying economic models, analyses and forecasts to provide strategic guidance required for investment options and decisions that are aligned with the business plan premises.
  5. Responsible for using macroeconomics, matrices, techniques, industry specific and valuation tools to evaluate upstream oil and gas assets and opportunities.
  6. Conduct up-to-date competitive intelligence reports as well as providing guidance for key commercial considerations to guide business decision including fiscals, tax, government incentives.
  7. Responsible for developing a 3-5-year business plan that is further integrated into short-term 90-day, 60-day and 30-day functional or business unit plans.
  8. Collaborates with internal stakeholders to develop functional objectives and targets in line with the business plan requirements.
  9. Responsible for developing the Corporate Risk Management Framework ensuring all the risks from the different business streams are integrated and there is a mitigation strategy for all identified risks.
  10. Manage process for refreshing and updating the Corporate Risk Management Framework ensuring that the risks do not inhibit the ability of the company to achieve its business objectives.
  11. Responsible for developing and managing a system of reporting that cascades from Management reports to business and to departmental reports. Monitor compliance, reporting major deviations and remedial actions.
  12. Develop a process for monitoring corporate performance through monthly, quarterly and annual review of performance against the business plan and following through with corrective and remedial actions.
  13. Carry out a look back review of projects and major investment decision, including After Action Review to determine learnings for the commercial and planning process.

DIMENSIONS & KEY METRICS

  • Annual Budget – $XXX
  • Departmental reports
  • Risk – Legal and regulatory change
  • Adherence to Budget and plan
  • Successful Commercial transactions supported
  • Return on Investment

REQUISITE QUALIFICATION AND EXPERIENCE

  • Bachelor’s degree in Engineering, Business Administration, Finance, Economics, or any other related business field. MBA/MSC/MA is an advantage.
  • 5-8 years minimum experience in strategic leadership.

KEY COMPETENCE & BEHAVIORAL EXPECTATIONS

  • Understanding of market research and data analysis.
  • Economic Modelling using Excel
  • Strong communication skills and demonstrable strategic thinking abilities.
  • Good analytical skills such as performance analyses, competitive analyses, market analyses to translate raw information into actionable strategies and initiatives.
  • Interpersonal, people and decision-making skills.
  • Problem solving and Negotiation skills.
  • Ability to work in diverse teams and clarify complex concepts.
  • Knowledge of business operations and procedures.

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