Commercial Analyst - Upstream Oil & Gas (Hybrid)

Placements24; Sandton; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Annual bonus

Medical aid

Retirement fund

Generous leave

Hybrid work

Career development

Collaborative culture

Oil & Gas exposure

Job summary

Placements24 in Sandton, Gauteng, is seeking a Commercial Analyst to join our client in the upstream Oil & Gas sector. The role blends remote work with in-office collaboration to support market analysis, investment evaluation, and strategic commercial decisions.

You will build financial models, assess contracts, monitor performance, and present insights to senior management. The ideal candidate has 5+ years' experience, a finance or economics degree, and strong Excel and analytical skills in a

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• 5+ years of experience in commercial analysis, preferably within the Oil & Gas industry.
• Strong understanding of financial modeling, valuation techniques, and contract management.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in MS Excel and financial analysis software.
• Effective communication and interpersonal skills, suitable for a hybrid work environment.

Responsibilities

• Analyze market data, economic indicators, and industry trends affecting the oil and gas sector.
• Evaluate the financial performance of upstream assets and projects.
• Develop financial models to support investment decisions and project valuations.
• Assist in the negotiation and management of contracts, including joint venture agreements and supply contracts.
• Monitor and report on key commercial metrics and business performance.
• Identify commercial risks and opportunities and propose mitigation strategies.
• Collaborate with technical, financial, and legal teams to support commercial objectives.
• Prepare presentations and reports for senior management on commercial matters.
• Support business development activities and exploration strategy.
• Ensure compliance with all commercial policies and regulatory requirements.

Skills

Financial modeling

Valuation techniques

Contract management

Analytical skills

Quantitative skills

Problem-solving

Communication skills

Interpersonal skills

Teamwork

Education

Bachelor's degree in Finance Economics or Business Administration

Tools

MS Excel

Financial analysis software

Job description

About the Role

Our client, a prominent player in the Oil & Gas industry , is seeking a skilled Commercial Analyst to join their team in Sandton, Gauteng, ZA . This is a hybrid role, offering a balanced approach between remote work and in-office collaboration. The successful candidate will be responsible for analyzing market trends, evaluating investment opportunities, and supporting strategic commercial decisions within the upstream sector. This role requires strong financial acumen, a deep understanding of the energy market, and excellent analytical capabilities. You will play a key part in assessing the commercial viability of projects, managing contracts, and contributing to the company's profitability. We are looking for a detail-oriented professional with a proven ability to provide insightful analysis and recommendations. This position offers an excellent opportunity to contribute to significant business initiatives within a leading organization in the global Oil & Gas sector .

Key Responsibilities

• Analyze market data, economic indicators, and industry trends affecting the oil and gas sector.
• Evaluate the financial performance of upstream assets and projects.
• Develop financial models to support investment decisions and project valuations.
• Assist in the negotiation and management of contracts, including joint venture agreements and supply contracts.
• Monitor and report on key commercial metrics and business performance.
• Identify commercial risks and opportunities and propose mitigation strategies.
• Collaborate with technical, financial, and legal teams to support commercial objectives.
• Prepare presentations and reports for senior management on commercial matters.
• Support business development activities and exploration strategy.
• Ensure compliance with all commercial policies and regulatory requirements.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 5 years of experience in commercial analysis, preferably within the Oil & Gas industry .
• Strong understanding of financial modeling, valuation techniques, and contract management.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in MS Excel and financial analysis software.
• Effective communication and interpersonal skills, suitable for a hybrid work environment.
• Ability to work independently and collaboratively within a team.
• Must be based in or near Sandton, Gauteng, ZA , and able to commute to the office.

Benefits

• Competitive salary and annual bonus potential.
• Comprehensive medical aid and retirement fund.
• Generous annual leave allowance.
• Opportunities for professional development and further education.
• Hybrid work model offering flexibility and work-life balance.
• Exposure to key commercial strategies in the Oil & Gas industry .
• A collaborative and professional work environment.