Commercial Analyst

Job description

Segment

Upstream
Role synopsis

The commercial analyst is an active member of the Planning and Commercial Operations Finance Organization.
The team is responsible for JV Management, Investment Governance, agreements handling, negotiations with the NOC, Cost and Partner Recoveries, crude supply and trading working on business development opportunities and appraising investment decisions. Key relationships span across the business from the projects delivery managers, Joint Venture (JV) technical teams, EGPC and partners.

Specifically the team is involved in:
·  Economic analysis for investment decision making
·  Developing investment business cases and preparing BP approval documentation (e.g. Financial Memorandums, Authority to Negotiate) for seeking appropriate authorities or to release investment funds
·  Coordination of GFO Zero and the Business Plan process
·  Hydrocarbon Trading to secure the crude oil sales revenues
·  Planning and performance management of in year Area performance
·  Supporting JV performance management process
·  Receivables management with EGPC and EGAS
Success in this role depends on the ability of the candidate to conduct accurate analysis based on a good understanding of the fiscal regime.

Req ID

75330BR
Location

Egypt - Cairo Governorate - Cairo
Is this a part time position?

No
Relocation available

No
Travel required

No
Key accountabilities

·  Provide effective economic analysis for decision making purposes in support of operations investments– including articulation of the business case, fit with strategy, risks and reward, and reporting Economic metrics under different commercial & technical scenarios
·  Preparation of Financial Memorandums (FMs). Ensuring Partner's alignment through the AFE documentation.
·  Reserves/SMOG - Support estimation and reporting of proved / probable reserves and SMOG valuation
·  Manage the OCM process, address partners requests and provide latest forecast for cash call reporting
·  Insightful analysis for output metrics to support management in having a better understanding for financial outlook & direct their focus towards areas of possible improvement
·  Support NOJV Management Requirements
·  Support negotiations and drafting agreements for new business opportunities
·  Identify financial options & commercial optimization for the area to deliver cash and grow value. Manage commercial risks to protect and secure value
·  Cash & WC Awareness - Proactively communicate the cash and WC impact of potential business decisions. Identify opportunities to deliver cash inflow through WC management
Essential Education

·  Graduate / Post graduate degree Economics/Finance
Desirable criteria and qualifications

·  Experience of applying economic evaluations methodology
·  Commercial operations experience in oil and gas business
About BP

BP is one of the world's leading international oil and gas companies. Through our work we provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. Our objective is to create value for shareholders and supplies of energy for the world in a safe and responsible way. We strive to be a safety leader in our industry, a world-class operator, a responsible corporate citizen and a good employer.

Our Upstream segment is responsible for our activities in oil and natural gas exploration, field development and production, and midstream transportation, storage and processing.
At the same time, we're investing in the talents of the 20,000 people who work to make these activities a reality.
Application close date

25-Jan-2017
Sub-category

Commercial Operations
Job category

Commercial
Countries (State/Region)

Egypt

Desired profile

Essential experience and job requirements

·  Good understanding of the E&P and Egypt businesses as well as the strategic business perspective to be able to challenge inputs received to ensure alignment on resource usage and optimization.
·  Ability to manage data with the necessary rigor and attention to detail to underpin insightful analysis
·  Demonstrates commercial acumen
·  Demonstrates strategic thinking and the ability to create insights from data analysis and challenge the status quo
·  Financial analytical skills under the PSA regime
·  Excellent understanding of economic indicators and capable to apply.
·  Excellent interpersonal skills, influencing, networking and relationship building, and proven ability to influence key stakeholders.
·  This role is only open to Egyptian nationals
Other Requirements (eg Travel, Location)

None