Savannah Energy is a young, high growth, highly ambitious energy company. We are focused on operating in countries where we can make a difference to local communities, where we can play a strategic role in the energy sector and where we can make a positive impact on the socio-economic development of the country.
Our vision is to create a best in class African-focused energy company that we and our stakeholders are proud of. Our five core values of Sustainability, Excellence, Entrepreneurialism, Integrity and Teamwork define the essence of Savannah and underpin our corporate culture.
We are recruiting to fill the position below:
Job Title: Commercial Analyst
Location: Lagos
Employment Type: Full-time
Job Garde: F
Job Purpose / Objectives
To support the optimisation of commercial performance through analysis, tracking and reporting of contract, customer, and market data in addition to modelling of new business opportunities for timely decision making
Duties & Responsibilities
Prepare and issue monthly invoices to gas customers based on contractual terms
Collate and provide revenue, collections and sales information for management reporting cycles – weekly, monthly, quarterly, annually
Update and maintain gas accounting database for all customers with gas delivered volumes, shortfall volumes etc.
Maintain accurate and organized datasets, ensuring data integrity, consistency, and security.
Assist with the coordination and development of short and long-term corporate business plans and budgets including the definition of business planning assumptions and guidelines in conjunction with Group Finance.
Conduct detailed review and analysis of performance i.e., actual spend to budget, month-to-date and year to-date analyses, variance analysis.
Monitor and report business performance against targets/KPIs and proffer relevant mitigation/action steps.
Collect, analyze, and interpret data related to gas, power and renewables operations including sales, pricing, market trends, and customer behavior, to identify patterns, trends, and potential opportunities for business improvement.
Prepare comprehensive reports, dashboards, and presentations based on analytical findings to effectively communicate key insights and recommendations to stakeholders including management, the commercial unit, and other relevant departments.
Conduct research on market conditions, competitor analysis, industry trends, and regulatory changes to provide up-to-date information for decision-making purposes.
Conduct economic analysis on the viability of new opportunities: NPV, IRR, sensitivity analysis etc to provide internal justification and facilitate commercial negotiations.
Update the corporate model to reflect value created by newly executed agreements.
Provide support to other team members on transactions requiring data collection, analysis, and documentation.
Regular interaction with other departments including finance, operations, engineering and technical.
Perform any other duties as assigned by the Commercial Manager.
Education
University Degree in Accounting, Economics or any Finance related discipline (First class academics)
Relevant post-graduate/professional qualification (ICAN, ACCA, CIMA, CFA, MBA etc.)
Job & Main Specifications (Education/Knowledge, Skills, Attributes, Experience & Other Required Details):
Minimum of three (3) years cognate experience in a similar role with a working knowledge of finance and accounting standards/principles
Strong skills in business planning, forecasting, budgeting and financial modelling
Proficiency in the use of data analysis tools and techniques such as Excel, SQL and data visualisation tools e.g. PowerBI, Tableau etc.
Strong analytical and problem-solving skills with a keen attention to detail
M&A, Project Finance, Strategy and Planning exposure an advantage
Working knowledge of typical midsized financial and accounting systems, KPI trackers and performance scorecards
An interest in the energy and resources sector (Oil & Gas, Utilities, Power and Mining)
Excellent written and verbal communication skills, with the ability to present complex information in a clear and concise manner
Strong organizational and time management abilities, with the capability to prioritize tasks and meet deadlines
Ability to work independently and collaboratively within a team environment
Adaptability and willingness to learn new technologies and methodologies