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Chief Operating Officer (COO) at Indigenous downstream Oil and Gas Company

About the Role:

The position reports to the Group Executive Director (GED) and has primary responsibility for setting and executing the strategic business direction, development and oversight of all entity operations, driving the achievement of growth, governance policies and management of business risksand ensures a consistent focus on profitability.

 

Job Description:

  • Support the GED in providing strategic direction, exemplary leadership and guidance for SBU to achieve set objectives
  • Identify new business initiatives and expansion opportunities that align with the SBU's business goals and strategic growth plans
  • Develop business models that support corporate strategies as well as improve the quality and volume of client portfolio
  • Set the annual performance targets for SBU
  • Prepare and presents periodic business performance reports to the GED and makes recommendations for improvement
  • Maintain knowledge of industry trends and developments as well as ensure compliance to SBU’s In-house policies and procedures
  • Liaise with the Group Head, Treasury and Financial Services in planning budget, making financial projections and recommendations to GED
  • Lead the company-wide annual business planning and budgeting process
  • Articulate and oversee the translation of high level corporate strategies and growth plans into operational goals.
  • Analyse market trends; keep an eye on competition and come up with new ways of staying ahead in the business.
  • Perform other functions to the office of the COO or as may be delegated by the GED.

 

Qualifications and Experiences:

  • Minimum of Bachelor’s Degree in Management, Finance, Economics, Engineering, Physical Sciences, etc.
  • Minimum of 15 years post-qualification experience in the Oil & Gas industry out of which 7 years must have been spent at a Senior management level
  • A postgraduate qualification in a relevant discipline preferably MBA degree.
  • Professional memberships of relevant bodies in the Oil & Gas downstream sector e.g. Institute of Petroleum Energy Marketers (IPEM), Society of Petroleum Engineers (SPE), or other relevant bodies
  • Strong Commercial Orientation.
  • Should have industry knowledge and respectable contacts within key Government Ministries/Departments and Regulatory Bodies.

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