TPDC Chief Investment Officer

Tanzania Petroleum Development Corporation (TPDC) is a national oil company involved in oil and gas exploration, development and production. The company is based in Dar-es-Salaam.
TPDC is now looking to recruit a young, dynamic and creative Tanzanian to fill the position of CHIEF INVESTMENT OFFICER.

The successful candidate will be a key member of senior executives and will report directly to the Director of Marketing and Investments. The Chief of Investment will be responsible for: -
Assisting to develop and implement sound investment strategies in the stakeholders' best interest
Maintaining organization wide investment objectives, policies, procedures, processes and systems to ensure maximum returns on investments

Specific responsibilities:
Ensuring that short and long - term investment plans are formulated and maintained, reviewed and adhered to with a view to achieving corporate objectives
Setting guidelines for planning and ensuring that they are observed by other departments/units in preparing their respective annual and strategic plans
Collaborating with the Director of Finance and Administration to ensure projects are funded appropriately
Coordinating and reviewing pre-feasibility and feasibility studies for all investment opportunities, including those in subsidiaries and associated companies
Reviewing profitability of investments in subsidiary and associated companies
Ensuring maintenance of data base for corporate planning, reviewing and advising other heads of department on short and long - term planning guidelines
Assisting the Director of Marketing and Investments in oil, gas and bio-fuel contract negotiations and evaluation of economic analysis of major projects
Participating in contract negotiations for selection of consultants, contractors, processes, materials and equipment
Coordinating recurrent development and supplementary budgets
Encouraging identification of potential development projects and researches by other departments
Supervising projects, investigations and regular technical evaluations of operating units, downstream operations in oil and gas and petrochemical products and processes
Laying down strategies for carrying out researches appropriate to the Corporation with a view of reducing costs, enhancing operations and identifying new products and processes
Planning, implementing and following up process/chemical engineering works undertaken by the Corporation.
Leading project implementation teams and ensuring agreed standards are maintained and observed Undertaking any other related duties as assigned by superiors

Qualification and competencies: 

The candidate must possess the following:
A master degree in Engineering (in Chemical and Process or Mechanical) or Economics
At least 10 years experience preferably in investment management or similar role of which 6 must be at a senior level Strong analytical skills and ability to develop, use and present complex business models
Able to effectively use latest MIS and decision support technologies
Not exceeding 45 years of age


Application Instructions:
Please send a covering letter demonstrating how you meet the requirements of the position, a recently written and detailed CV and copies of academic certificates by 17.00HRS on Sunday September 30, 2012 to: info.tanzania@tz.ey.com
Applicants must provide three (3) names and addresses (postal and e-mail) of referees who know them professionally. We regret that we may not be able to acknowledge receipt of applications.
Candidates who will not be contacted by October 21, 2012 should consider themselves unsuccessful.
Candidates who applied after the position was advertized for the first time need not apply.