Oando PLC is one of Africa's largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP), the Oando Group comprises six companies who are leaders in their market. At Oando, we always on the look out for highly skilled, enthusiastic and dedicated people who can contribute to our continuing success.
Oando Nigeria Limited is recruiting for the position of:
Job Title: Business Development & New Ventures Analyst
Vacancy Code: BDNVA/FT//89738
Department: Operations
Job Summary
The primary function of the Business Development & New Ventures Analyst (BDNVA) is to perform analysis and support in the development of new ventures strategy towards building a portfolio of current and future high value oil and gas assets. The BDNVA provides support on the maturation of business opportunities on existing assets portfolio as well as support in developing ranking criteria, acquisition and divestment strategy and analysis for portfolio performance and optimization.
The role is expected to include a lot of industry data gathering and competitive intelligence, a strong understanding of financial reports, valuation models and key financial/operating metrics for the upstream E&P business.
The BDNVA will also function as a commercial lead on specified assets and will liaise with asset managers, economics/planning, accounting/finance, other SBU/corporate groups and external advisors in support of the strategic aspirations of the business.
The roles other functions include but are not limited to a monitoring of commodity prices, competitor analysis, industry/market analysis and intelligence.
Specific Duties
Strategic
- Formulates research and analysis in line with the goals and objectives in accordance with the Company’s growth, profitability and expansion objectives and makes suitable recommendations to the Head, Business Portfolio.
- Supports the company’s strategic planning processes with comprehensive data (including but not limited to market share performance metrics, industry, sector, supplier, customer and competitor information) and other relevant business information and ideas for the assets.
- Support the development of commercial structures for potential transactions and modeling such structures in order to simulate the impact on the business.
Operational
- Conducts comprehensive market research and analysis to obtain a deep understanding on the Exploration & Production business, the market size and potential opportunities for OER in Nigeria and areas of key focus.
- Updates market information daily, giving a report on daily trends in the oil & gas industry.
- Ensure the OORP guidelines for approvals are incorporated in all aspects of the business development processes to ensure effective controls are adhered to in handling job duties.
- Conducts comprehensive industry overview on the global oil and gas market activities that will impact on our business.
- Supports the origination, closing and on-going management of transactions.
Key Performance Indicators
- Quality, comprehensiveness, timeliness and accuracy of data provided for analysis.
- Quality and depth of analysis and usefulness of recommendations proffered.
- Accuracy and timeliness of documents prepared.
- Effectiveness of analytical support provided.
- Levels of adherence to policies, processes and procedures.
Qualifications & Experience
- 1st degree in petroleum disciplines or business/economics or other relevant fields from a reputable University.
- 2 - 5yrs experience gained in an operator environment in e.g. Business Development (E&P business, Financial Analysis or Asset Management.
- Talented, and with a strong interest in Business.
- Thorough understanding of petroleum economics and Nigerian fiscal terms.
- Proven competencies in using Excel, Word and PowerPoint software programs.
Knowledge and Skills Required
- Strong analytical skills.
- Networking & Relationship Management.
- Negotiation.
- Business performance monitoring and reporting.
- Initiative and a keen/acute sense of judgment, decisiveness and self-discipline.
- Creativity and innovation.
- Team playing.
- Oral and written communication
- Basic understanding of Oil & Gas Industry Dynamics
- Basic Presentation Skills - Preparation and Presenting
Application Closing Date
29th July, 2013
Method of Application
Interested and qualified candidates should
Click here to apply online