Oando recruiting planning and economics manager

Vacancy Code PEM/FT//52221 Vacancy Title Planning & Economics Manager Department Operations Date Published Jul 15, 2013 Closing Date Jul 29, 2013 Vacancy Description JOB SUMMARY The Planning & Economics Manager in Oando Energy Resources (OER) is responsible for the Economic analysis and planning of investment opportunities. He/She owns leads, and co-ordinates Business planning activities and cycle time. The position is responsible for developing detailed fit for purpose Economical Models for investment decision making & value creation, while also acting as the commercial investment advisor to the COO to ensure identification of new value-adding E&P opportunities and subsequently grow the OER asset portfolio. The Incumbent will work with other functions such as petroleum engineering functions, Finance, legal & government bodies, for the collection of Economic data to ensure accurate Economic modelling in addition to conducting sensitivity analyses to better clarify investment decisions. SPECIFIC DUTIES · Ensure alignment of company strategy with plans · Produce the annual five-year Production Business Plan - derived from the Asset Reference Plan (ARPs) · Prioritizing business opportunities and communicate medium and long range plan, based sound analysis, to the leadership team · Drive the generation and update of cross-asset Operations Philosophy and long term production strategy · Build production opportunities portfolio into the OER’s business plan and report performance against set targets · Build & monitor risks matrix. · Drive integration of Activity, Budget & Contract Plans on behalf of the department · Report overall performance against related KPIs in the business plan · Implement and drive benefit capture of relevant initiatives / change programmes with area of responsibility · Drive the planning process across the production assets / service teams and integrate into ARPs · Co-ordination of other Heads of team on planning and performance management deliverable · Support COO’s accountabilities for planning and delivery of sustainable production, Base programme activities and Asset Integrity · Alignment with and focus on fundamental value drivers for sustainable base operation o Effective management of production enhancement opportunities portfolio o Protecting asset value – whilst reducing unit Opex o Compliance with standards · Maintain a sustainable centralised capacity for integrated planning across all departments and assets · Coordinate the challenge and review of plans and ensure alignment with activity based planning · Co-ordinate Planning input to Budget Proposals · Provide Management Information (MI) support to OER Leadership Team on Programme, Budget and Strategic Business issues · Build production opportunities portfolio into the OER’s business plan and report performance against set targets · Build & monitor risks matrix. · Drive integration of Activity, Budget & Contract Plans on behalf of the department · Report overall performance against related KPIs in the business plan · Implement and drive benefit capture of relevant initiatives / change programmes with area of responsibility · Co-ordination of other Heads of team on planning and performance management deliverable. · Lead change to improve the performance of the planning activities and cycle time. · Communicating investment evaluation premises & guidelines · P-Master Economics for capital allocation & business plans · Economics for OER budget proposal & notes for information · Exploration Economic modeling and integrations · Integration of economic / financial modeling and tools · Economics for Value Assurance Reviews (VAR) and support to technical development teams · Drive standardization of planning and economics tools · Project screening and ranking to optimize business decisions based on available resources · Support reviews and communications of plan and budgets with JV partners · Structure and maintain the Asset scorecards · Skills development of staff KEY PERFOMANCE INDICATORS · Economics for various options including Budget proposals, VARs & Post investment Reviews · Integrated financial / economics modelling · Exploration Economics · Input to planning premises & functional challenge · Demand forecast for Support/Technical services · OPEX Estimates (& LT OPEX modelling) · Project proposal sheets covering production operations, maintenance, Asset Integrity, cost and manpower estimates · Ranked list of cross-asset production, maintenance and Asset Integrity activities · Link between Activity, Budget, Contracts & Manpower plan · Staff - Development and Training plan QUALIFICATIONS & EXPERIENCE · 1st degree in Engineering, Finance, Investment Management, Business Administration, Economics or Accounting. MBA from a reputable institution of learning is an added advantage · A senior technical or commercial professional with above 7 years of Business Planning, Economics and investment valuation experience across a wide range of roles and environments, and not less than 12years E&P experience. KNOWLEDGE AND SKILLS REQUIRED Technical Skills · Professional mastery in Economics with deep understanding of its application in the Oil & Gas development and production environment. · Must possess deep understanding of the integrated Oil & Gas Development & Hydrocarbon life-cycle management and its fundamental value drivers · Bottom-line focused with proven technical & commercial skills to support functional directors on planning and delivery of maximum asset value · Demonstrated good understanding of the multi-disciplinary aspect of the E&P business Leadership & People Development Skills · Proven change capacity, catalyst for change and ability to drive and embed new ways of working to deliver business improvement gains · Must demonstrate sufficiently confidence to coordinate and challenge line managers on the management of company plans and performance · Proven good leadership, networking presentation and facilitation skills · Must command respect of line managers and subordinates with an impeccable personal integrity and respect for people · Large capacity to work under pressure and consistently deliver high quality results · Must have good leadership skills particularly in personal effectiveness, motivating coaching and developing others WORKING CONDITIONS · Office based · Heavy workload and most times long working hours in a dynamic and intellectually challenging environment. Apply at http://www.oando-cvmanager.com/