• Full Time
  • Lagos
  • Applications have closed

REPORTS TO: Chief Commercial Officer

JOB PURPOSE: Prepare, own, monitor execution and report performance of Waltersmith’s annual and medium term (3 and 5 years) business plans, and ensure that business decisions are based on sound economic evaluations and strategic considerations.


  1. Responsible for building and applying economic models, analyses and forecasts to provide guidance required for investment options and decisions that are aligned with the business plan premises.
  2. Responsible for using macroeconomics, matrices, techniques, industry-specific and valuation tools to evaluate upstream oil and gas assets and opportunities.
  3. Assist in the implementation of the Board’s aspiration, distilling the long-term strategic plan into annual Corporate and functional business plans
  4. 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.
  5. 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.
  6. Conduct up-to-date competitive intelligence reports as well as provide support for key commercial considerations to guide business decisions including fiscals, tax, government incentives
  7. Lead in the development of 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. Single point accountability for evaluation, integration and synergising of department plans to improve the overall efficiency and effectiveness of the company. Enhance integrated decision-making.
  9. Provide benchmarks for the evaluation of plans and decision-making
  10. Improve engagement and endorsement of future plans and participate in meetings as and when necessary.
  11. Create a calendar for key reporting deadlines and to monitor processes to ensure that the Company is meeting expected reporting timelines and requirements.
  12. Ensure Corporate compliance with all regulatory and fiduciary requirements for plans
  13. Provide support in 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.
  14. Contribute to the process of 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.
  15. Participate in developing a process for monitoring corporate performance through monthly, quarterly and annual reviews of performance against the business plan and following through with corrective and remedial actions.
  16. Lead in reviewing projects and major investment decisions, including After Action Review to determine learnings for the economics and planning process.


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


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


  • Skilled in Economic Modelling
  • Skilled in Business Planning and Budgeting
  • Understanding and Working knowledge of the Fiscal Regime
  • Understanding of market research and data analysis.
  • Strong communication skills and demonstrable strategic thinking abilities.
  • Good analytical skills such as performance, competitive, and 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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