Vice President, Opportunity Maturation and New Ventures (VP, OM & NV) at Oando Plc

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Job Detail

  • Job ID 41571
  • Experience See Job Description
  • Gender Male or Famele
  • Qualifications See Job Description

Job Description

Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).

We are recruiting to fill the position below:

Job Title: Vice President, Opportunity Maturation and New Ventures (VP, OM & NV)

Location: Lagos
Employment type: Full-time
Reports To: Senior Vice President, Commercial

Job Summary

  • The VP, OM & NV will combine strategic and human-centric design thinking to analyse existing business models, alter them where necessary and apply them to build new business ventures for the organization.
  • He/She will collaborate with a broad team of strategists, designers, financial planners, and engineers to iterate, improve and implement the strategy and operations of our clean energy start-up projects, from ideation to full launch.
  • He/She will also continuously identify, refine, and filter opportunities and partnerships for the organization.

Job Responsibilities
The VP, OM & NV will provide strategic leadership and execution across the following work streams:
Opportunity Discovery & Development:

  • Explore new markets and business models through industry and historical trends, forward looking forecasts, competitive assessment, and build/evaluate recommendations for strategic growth.
  • Develop conceptual framework for Opportunity Development Process spanning idea generation, business concept design, market testing, business planning and development, pilot testing & optimization, Go-No Go review and New Venture Go live.
  • Identify and assess the viability of new business opportunities, strategic initiatives, and profit optimization.
  • Translate the vision and strategy of our start-ups into an efficient and scalable operating model.
  • Work cross-functionally to develop deep understanding of key value drivers to improve efficiency, productivity and performance across all initiatives.
  • Redefine, improve and document our start-ups processes to minimize complexities and promote effective operations, finding cost effective opportunities.
  • Develop a data-driven approach as ventures scale by performing ad hoc analyses and building KPI dashboards for real-time monitoring of performance, advisor/client satisfaction, P&L tracking.
  • Propose, design and implement pilots to test new operations/products, measure results and iterate.
  • Drive opportunities through each level of the development process and present output and recommendations for management review.
  • Identify key assumptions and monitor assumption values and impact across venture development process.
  • Prepare and manage the Risk Assessment and Mitigation Plans.
  • Develop financial models for business case assessment.
  • Work closely with marketing, financial and business analysts to ensure financial sustainability of opportunities are thoroughly considered across pessimistic, normal and optimistic scenarios.
  • Coordinate financial, operating and capital plans for each venture.
  • Establish appropriate systems to further develop commercial analysis of opportunities.

New Venture Maturation:

  • Run Pilot projects
  • Collect and parse data to key business drivers
  • Design and test a fit-for-purpose Quality Management & Sustainability Procedure for each venture
  • Hand over new venture to Operations team.

Partnership & Regulatory Services:

  • Work with Legal and Admin to Secure Licenses and obtain regulatory compliance
  • Curate and nurture partnerships and synergies within sectors of interest.

Job Qualifications

  • Bachelor’s Degree in Business Administration, Finance, Economics, Engineering or other related fields.
  • MBA is an advantage.
  • 12 to 15 years’ experience in the Energy industry.
  • Renewable energy experience is an advantage.
  • Business planning and analytical skills.
  • Supervisory and field experience.
  • Good writing and speaking communication skills
  • Good organizational kills
  • Familiarity with New Venture Creation Principles (Alex Osterwilder).

Core Competencies:

  • Energy Industry Dynamics
  • Finance and Investment Management
  • Planning and Budgeting
  • Portfolio Management
  • Networking
  • Negotiation
  • Business Performance Monitoring
  • Relationship Management
  • Teamwork
  • Integrity and job ownership
  • Result-orientation
  • Optimistic
  • Disruptive thinker
  • Drive for continuous learning.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

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