General Manager, Commercial at West African Exploration and Production (WAEP)

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
13 days ago

Additional Details

Job ID
161593
Job Views
29

Job Description






Role Purpose




  • Lead the Company's commercial strategy and commercial management activities across its upstream portfolio, ensuring value optimization, robust economic evaluation, effective partner interfaces, sound commercial governance, and commercially disciplined decision-making



Core Competencies




  • Commercial negotiation and contracting

  • Crude and gas commercialization

  • Business planning and forecasting

  • Risk and opportunity management

  • Executive stakeholder management

  • Leadership and people development



Key Performance Indicators (KPIs)




  • Value delivered from commercial negotiations and initiatives

  • Quality and timeliness of economic evaluations and management advice

  • Commercial compliance and closure of contractual obligations

  • Budget and forecast accuracy

  • Partner/stakeholder satisfaction

  • Commercial risk mitigation and value optimization



Key Responsibilities




  • Develop and implement commercial strategies aligned with corporate, asset and production objectives. Lead economic and commercial evaluation of upstream opportunities, field development options, investments and business cases.

  • Provide commercial input into annual business plans, budgets, forecasts and investment decisions.

  • Lead commercial negotiations relating to joint ventures, crude sales, gas commercialization, transportation, processing and other commercial arrangements.

  • Manage commercial interfaces with JV partners, regulators, customers, service providers and other stakeholders.

  • Monitor contractual and commercial obligations and ensure timely resolution of commercial issues.

  • Support new business, acquisition, divestment and partnership evaluations, including commercial due diligence.

  • Work closely with Finance, Legal, Subsurface, Wells, Operations and Projects to optimize asset value and manage commercial risk.

  • Develop commercial performance dashboards and provide clear recommendations to Executive

  • Build capability within the Commercial function and promote strong governance, accountability and commercial discipline.



Qualifications & Experience




  • Bachelor's Degree in Engineering, Economics, Finance, Business Administration or a related discipline.

  • Master's Degree/MBA is an added advantage. Relevant professional membership or certification in commercial, finance, energy economics or project management is desirable.

  • Minimum 15 years' relevant experience, including substantial commercial leadership experience in upstream oil and gas.



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