Commercial Analyst II at Oando

Job Purpose

• The Commercial Analyst II will provide crucial analytical support and insights to business units and senior management, enhancing the company's operations and competitiveness. The role involves collecting and analyzing data to identify trends and opportunities, aiding in strategy development and implementation.

Job Specification

• 1st degree in the numerate Science-based disciplines, Engineering, Business/Economics, Mathematics, Finance, or other relevant fields from a reputable University.
• MBA or Accounting/Financial Designations would be an added advantage
• 3 - 5yrs relevant experience e.g. Business Development, Financial Analysis or Asset Management.
• Ability to work under pressure and with minimal supervision.
• Excellent Presentation/Communication Skills
• Talented, and with a strong interest in Business.
• Thorough understanding of petroleum economics.
• Proven competencies in using Microsoft Office Suite.

Major Responsibility Area

• Monitor dynamic Business environment and recommend changes to processes when necessary to ensure continued profitability of the business.
• Assists in ensuring optimum performance in operational and cost control functions
• Support commercial decision-making across projects relating to commercial inputs into, and negotiations of commercial agreements, pricing, operationalization of contracts, etc.
• Assist in strategic planning by formulating and implementing strategies to enhance business performance.
• Prepare and Present comprehensive cost analysis (historical and projected) benchmarked against industry and internal corporate goals.
• Work collaboratively with various teams to support their analytical needs and drive business success.
• Ensure that agreements/contracts are adequately reflecting the company’s interests and as such will have input in these documents.
• Maintain a proactive approach to identifying business opportunities and challenges.
• Serve as a thought partner, leveraging internal and external networks, to engage in team problem solving, share evolving business trends and best practices, and contribute to knowledge creation initiatives.
• Other duties as assigned.

Core Competencies

• Ability to analyze complex data and draw insightful conclusions.
• Strong understanding of financial principles and the ability to develop and interpret financial models.
• Excellent verbal and written communication skills, capable of presenting information clearly and persuasively.
• Skilled in negotiating contracts and managing stakeholder relationships.
• Proactive approach to identifying issues and developing effective solutions.
• Ability to work effectively within a team and contribute to a positive team environment.
• Flexibility to adapt to changing priorities and business needs.

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.