Manager, Budget and Planning

Role Summary

The Budget & Planning Manager is responsible for leading the organization’s financial planning, budgeting, and forecasting processes across all business units, including storage, marketing, and distribution of petroleum and gas products.

The role serves as a strategic partner to the CFO, providing high-quality financial analysis, insights, and decision support to drive business performance, ensure financial discipline, and support sustainable growth across nationwide operations.

Key Responsibilities

Budgeting & Forecasting:

Lead the annual budgeting cycle, coordinating inputs across all business units (Depots, Marketing, Supply, Logistics, Gas, HSE, HR).

Develop and maintain rolling forecasts and periodic reforecasts, incorporating key variables such as product pricing, foreign exchange fluctuations, demand trends, and regulatory changes.

Build and maintain financial models to support investment decisions across depots, retail outlets, LPG plants, logistics fleet, and new product lines.

Business Planning & Analysis:

Translate corporate strategy into integrated financial plans aligned with operational KPIs (e.g., throughput, stock loss, turnaround time, margins).

Perform detailed variance analysis (Actual vs Budget vs Forecast), identifying key drivers and recommending corrective actions.

Monitor profitability across products, depots, and distribution routes, providing actionable insights to improve margins.

Reporting & Decision Support:

Prepare monthly management reports, board packs, and performance dashboards covering revenue, margins, CAPEX, OPEX, and cash flow.

Support pricing strategy through financial modeling of market, competitive, and macroeconomic scenarios.

Evaluate capital investment proposals using financial metrics (NPV, IRR, Payback Period).

Process Improvement & Controls:

Standardize budgeting processes, templates, and assumptions across business units.

Ensure alignment between financial planning models and ERP/accounting systems.

Strengthen cost control frameworks and ensure compliance with regulatory (NMDPRA, FIRS, etc.) and internal financial policies.

Leadership & Business Partnering:

Lead and develop the FP&A team, enhancing analytical and planning capabilities.

Partner with Operations, Supply Chain, Commercial, and Logistics teams to challenge assumptions and improve forecasting accuracy.

Foster a performance-driven, data-led decision-making culture across the organization.

Key Requirements

Education & Certifications:

Bachelor’s degree in Finance, Accounting, Economics, or related discipline

ACA, ACCA, or CFA required; MBA preferred

Experience:

Must-have:

8–12 years of progressive experience in finance, including at least 3 years in FP&A or budgeting leadership roles

Experience managing full budgeting cycles in multi-location operations

Preferred:

Experience in downstream oil & gas, logistics, or asset-intensive industries

Strong understanding of petroleum product pricing, depot operations, and distribution logistics

Technical Skills:

Advanced financial modeling and Excel skills

Experience with Power BI, Tableau, or similar analytics tools

Strong understanding of financial statements (P&L, Balance Sheet, Cash Flow)

Experience working with ERP systems (e.g., Microsoft Dynamics, SAP, Oracle)

Core Competencies:

Strategic thinking and financial insight

Strong analytical and problem-solving capability

Stakeholder management and influencing skills

Commercial acumen

Leadership and team development.

Minimum qualifications

BA/BSc/HND , Professional Certificate

How to apply

Interested and qualified applicants should forward their CVs and degree certificates to: careers@stockgapfuels.com using the job position as the subject of the email.

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