Islands Petroleum is an independently owned fuel and lubes distributor, and the exclusive distributor for Mobil Lubricants in Papua New Guinea. Islands Petroleum operates bulk fuel and lubricant Depots and Distribution Centres in the Islands, Momase, Southern, and the Highlands regions. Our national head office is based in Kokopo.
We are currently seeking for an Accountant – Financial Analysis & Pricing under our Finance Department to be based at our Head Office in Kokopo, East New Britain Province.
The Role & Responsibilities
Reporting to the Head Of Finance, the Accountant - Financial Analysis & Pricing will be responsible for the following:
- Develop and execute pricing strategies consistent with achieving performance metrics
- Conduct tactical analysis using large data sets to better understand performance trends, mitigate risks, identify threats, and realize opportunities. Stay informed on market conditions
- Monitor unit margin and gross profit margins generated from sales of petroleum products
- Develop and implement Price strategy / Rules for each customer segment
- Analyze financial data and provide forecasting support
- Organize data into accessible reports and perform various types of analysis using key metrics such as yearly growth, return on assets, return on equity and earnings per share
- Any other roles and responsibilities as and when delegated
Candidate Requirements
- Bachelor Degree in Accounting, Commerce or Economics
- At least 8 years of experience in financial analysis role and / or pricing
- Deep understanding of pricing strategies especially within the fuel industry
- Experience in Pronto or related Account Software
- Exposure to a complex retail environment or petroleum industry will be an advantage
- Well versed with MS Office
- Excellent analytical mind with strong verbal and written communication skills
- Excellent planning, time management and organizational skills
To Apply
Interested applicants who meet the above requirements can apply through by addressing your application to:
Human Resources Manager
Islands Petroleum Limited
P.O Box 226
New Rabaul, East New Britain Province
Applications close on Friday, 22 March 2024. Note only shortlisted candidates will be contacted for interviews.
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