General Manager: Trading - Cape Town, South Africa - Strategic Fuel Fund

Strategic Fuel Fund

Verified Company

Cape Town, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

The
Strategic Fuel Fund Association (SFF), a subsidiary of the
Central Energy Fund (CEF), manages crude oil storage facilities in the Western Cape, and environmental protection against oil pollution.

SFF currently seek to employ a

General Manager:
Trading at Parow, Cape Town.

Responsibilities

Provide input to wider organizational strategy, policy and decision making.
Provide strategic advice to Executive management team and board.
Provide input for all strategic and annual planning processes.
Develop, establish, and direct the execution of the divisional strategy.
Submit formal reports against the operational plan and contractual obligations.
Constant monitoring of competitor and market developments in industry both locally and abroad.
Input into Strategic decision making on financial priorities, forecasts and budgetary allocations of SFF.
Oversee the management, maintenance and security of the National Key Points (Saldanha, Milnerton and Jetty)
Oversee the execution of the operational plan at the National Key Points.
Ensure that all activities and operations are performed in compliance with legislation and operational procedures and prescripts e.g. National Key Points Act.
Oversee and account for strategic stock.
Explore synergies with Oil producers and Oil producing countries for trading opportunities.
Maximize revenue and profit generation
Develop new markets and new products
Explore areas of synergies and partnerships
Develop strategy and business plans.
Develop PNL on possible transactions
Recommend possible profitable acquisitions of assets
Forming strategic alliances with key partners both locally and internationally.
Increase revenue generation to achieve targeted goals.
Implement SFF Hydrocarbon Strategy achieving SFF's mandate of Security of Supply
Identify alternative sources of revenue streams
Develop, manage and monitor the Business unit budget within the section to ensure funds are optimally utilized in the service delivery.
Ensures on time & accurate payment of service provider invoices
Check and administer costs against approved budget
Reduces cost
Ensure zero fruitless and wasteful expenditure
Focus on GtoG crude oil allocation opportunities
Explore opportunities of participating on refined product storage
Optimize the utilisation of the Saldanha tank farm
Solicit interest for the commercialization of the Milnerton tank farm
Pursue opportunities of supplying government within SADC with refined products, like Botswana.
Manages and conducts research on external Macro economic and political environment to position the company for next growth phase.
Identify possible assets for acquisition that have strategic fit with SFF business model
Provide market intelligence on profitable growth projects, especially infrastructural aspects
Explore opportunities to enhance the relevance of strategic stocks to the SA refining network system. i.e., types of crude oils
Support the CEF group on development of growth strategies
Contribute on identifying synergies and/ or initiatives that will benefit CEF subsidiaries
Contribute to the transformation agenda by onboarding BEE entities in the crude oil storage
Provide advice, guidance and consultative expertise to stakeholders regarding business development matters, direction and sustainability of SFF, to best meet strategic objectives and inform the decisionmaking process.
Gathering feedback from existing and potential clients to enhance and further develop and improve services within the organisation, and how these are market and pitched.
Maintains relationship with, port authorities, local authorities, internal and external stakeholders. Manage and monitor internal stakeholder performance and implement corrective actions to ensure stakeholder compliance to internal SLA's and the delivery of services as required
Maintain good relations with key stakeholders like Government ministries like DOE
Cultivate and maintain good relationships with SFF Board of Directors
Strengthen relations with internal stakeholders
Implementation of DOE stocks policy as per Ministerial Directive
Record keeping in line with regulatory, legal and audit requirements
Adherence to and knowledge of the following legislation:
Central Energy Fund Act
Department of Energy strategy
Department of Trade and Industry strategy
Mineral & Petroleum Resources Development Act
National Planning Committee strategy
Petrochemical / Energy industry
SFF policies and procedures
Preferential Procurement Policy
Public Finance Management Act
South African Legislation relating to SHEQ (e.g., Mine Health and Safety Act and Occupational Health and Safety Act etc)
Address all outstanding audit findings
Submit Monthly /Quarterly business reports to EXCO
Compile reports for Board Approval on key initiatives business
Development and review of business enabling policies