Job Vacancy at A Group of Company for Trader - Downstream Petroleum Products (DPP)

A group of company, quoted on the Nigerian Stock Exchange. We have multiple lines of business and huge investment in different sectors of the Nigerian and Middle-East economy ranging from Oil and Gas, Maritime, Shipping, Dredging, Mining, Transportation Logistics, Engineering and Construction and Petroleum Product Marketing and Sales. Our vision is to dominate the sectors of our business operations.

In pursuit of our vision, we seek result oriented, competent and experienced personnel to join our dynamic team to drive critical areas of our business to achieve strategic business targets. The following vacancies exist in various subsidiaries in our group:

Job Title: Trader - Downstream Petroleum Products (DPP)

Job Description

• This position manages major Downstream Petroleum Products (DPP) purchasing activity and formulates market strategy to identify and act upon supply chain opportunities focusing on asset optimization.
• Accountable for consistently meeting targeted OPP delivery schedules, profitability and optimization targets.
• Coordinates logistics arrangements with logistics team to ensure timely and cost-effective delivery of DPP.
• Prepare and present monthly forecasts and purchase price variance analyse.
• Conduct day-to-day activities of DPP trading by tracking and monitoring market movements: accountable for making instant decision on selling and buying f or meeting profitability and optimization targets; Negotiates contracts tar purchase/sale of DPP.
• Negotiate and conclude market transactions on a spot/term basis according to guidelines given.
• Interact with company management involved in the trading/commercial activity.
• Execute hedging strategies and develop analytical reports to assist in taking hedging decisions.
• Support trading strategies by using fundamental model analysis or trades with reputable counterparties that are back to back in nature.

Requirements

• Minimum BSc/HND in business, finance, marketing, economics, accounting or related field.
• Minimum 10 years related experience in petroleum products supply and oil and gas trading required.
• Having penchant for undertaking analysis, mathematics, tracking and reporting skills.

APPLY HERE


Closing Date: 4th March, 2014