Economic Evaluation and Commercial Manager
Position Description
Economic Evaluation and Commercial Manager is responsible for leading and managing the Commercial and Economic Evaluation Group, overseeing the commercial and economic aspects of projects, and ensuring alignment with the organization’s strategic goals. This role involves guiding the team on risk management, process improvements, economic modelling, and supporting business development efforts.
Key Responsibilities and Accountabilities
- Lead, manage, and develop the Commercial & Economic Evaluation Group, ensuring high performance, collaboration, and professional growth within the team;
- Identification of areas of process risks and improvement opportunities. Development and implementation of improvement plans;
- Taking charge of commercial area development framework processing;
- Representing the Company in formal committees and other meetings where planning, evaluation and decisions related to the management of assets involved;
- Have coordinating role in ensuring that all representatives of the Company are prepared and aligned and speak the Company in external meetings and working groups;
- Partner negotiations, evaluation risks and opportunities;
- Conduct one-on-one meetings and performance management appraisals for team members to support their development;
- Lead and supervise the Commercial group activities;
- Prepare the Group responsibility assignment structure, and split the group responsibilities between the team members;
- Ensure development, sharing and maintaining the core expertise in the team;
- Work with the team on commercial parts of Operating Agreements;
- Lead preparation of new economic models for Select Stage projects and ensure development of economic modelling capabilities within the team;
- Support the business negotiations process, including preparation of MOUs, Heads of Agreement, and other commercial agreements;
- Supervise and support planning and performance reporting process, work together with Planning and Economic Evaluation Team;
- Support the projects on SOCAR Corporate Investment planning process;
- Lead the commercial agenda of Umid, Absheron and if required of other projects;
- Coach team members on modelling and Commercial Agreements;
- Coach the team members on Commercial Operations issues of Oil and Gas projects;
- Ensure the smooth & timely implementation of team deliverables.
Essential Education, Knowledge and Skills
- University Degree in one of the following fields: Economics, Finance, Math, Engineering;
- MBA or equivalent advanced degree is preferred
Essential Experience, Qualification and Job Requirements
- Minimum 10 years of professional experience in the oil and gas industry, including 4-5 years in managerial positions;
- Direct experience in economic modelling, commercial support, business development, and joint venture (JV) management activities;
- Strong leadership and team management skills, with experience in coaching and developing team members;
- Expertise in economic modelling, financial evaluation, and project feasibility analysis;
- Strong analytical skills and experience in identifying process risks and opportunities for improvement;
- Strong negotiation skills with a demonstrated ability to manage risks and identify business opportunities;
- Excellent communication skills, both written and verbal, with proficiency in Azerbaijani, English and other languages.
Relevant candidates must send their updated CV’s to the e-mail address in the Apply for job button.