Job Description

Job Title – Head, Planning & Economics

Line Manager – CFO

Location – Lagos

CLIENT SUMMARY

One of Africa’s leading E&P players in Upstream Oil & Gas.

JOB SUMMARY

To lead the strategic planning, economic evaluation, and commercial management functions of the company, ensuring investment decisions, business performance tracking, and commercial agreements are aligned with corporate growth and profitability objectives. The role will serve as a key advisor to executive leadership and interface with partners, regulators, and investors.

KEY RESPONSIBILITIES

Strategic Planning

• Lead the development and periodic review of the company’s corporate strategy and business plans.
• Coordinate the annual budget, long-range plans, and forecasting cycles.
• Monitor and report business performance metrics to senior leadership.

Economics & Investment Analysis

• Evaluate upstream project economics (NPV, IRR, payback).
• Conduct sensitivity analysis and risk assessments for capital investments.
• Support AFE (Authorization for Expenditure) processes with robust financial models.

Commercial Management

• Lead commercial negotiations, JV agreements, and service contracts.
• Develop and maintain economic models for pricing, contract structuring, and asset valuation.
• Drive the monetization strategy for oil, gas, and by-products (e.g., barging, offtake, etc.).

Stakeholder Engagement

• Liaise with JV partners, regulatory bodies (e.g., NUPRC), and host communities on economic and commercial matters.
• Represent the company in commercial and economic discussions at industry forums.

Leadership & Team Development

• Build and lead a high-performing team in planning, economics, and commercial functions.
• Provide mentorship, coaching, and succession planning for functional team members

 
KNOWLEDGE & SKILL REQUIRED

• Strategic thinking and commercial acumen
• Advanced analytical and financial skills
• Excellent negotiation and stakeholder management abilities
• Strong leadership and team development skills
• Familiarity with upstream value chain, PSCs, JVs, and regulatory frameworks

PROFESSIONAL QUALIFICATIONS

• Bachelor’s degree in Engineering, Economics, Finance or related discipline (required)
• MBA or Master’s in Energy Economics / Finance (preferred).
• Minimum 15 years of experience in upstream oil & gas or oilfield services, with at least 5 years in a leadership role
• Strong expertise in financial modelling, petroleum economics, and contract negotiation

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