Title:  MOH_Natural Gas Commercial Specialist

Company:  Motor Oil S.A.

Μαρούσι, GR, 151 24

Date:  17 Feb 2024

The Company

Motor Oil Hellas (MOH) is an energy group based in Greece with one of the top refineries in Europe. The Group has a significant presence in trade due to the liquid fuel retail networks, in the lubricants sector and in the liquified gas sector. The Group is actively engaged in the power and natural gas market as well as in the Renewable Energy Sector. We strive to develop our people to their highest potential, through continuous education and assignment of challenging projects.

Starting with the role:

We are searching to hire a Natural Gas Commercial Specialist.

The individual will be responsible for the preparation and execution of Natural Gas supply and sales contracts, daily Natural Gas Trading activities, including the scheduling of the necessary operational activities and the execution of transactions.

During your day you will:

  • Draft and follow up the execution of Sales & Supply Contracts for Natural Gas including checking monthly pricing and respective legal documentation preparation (EFET, ICs, KYC)
  • Draft and follow up the execution of Confirmation Notices of LNG deals including issuance of provisional invoices according to deals and respective legal documentation preparation (MSAs, KYC)
  • Deliver required reporting. More specifically:
    • perform mandatory reporting to regulatory authorities regarding commercial aspects
    • perform rolling forecast of results (Profit and losses)
    • report ad-hoc trades resulted in cost optimization in cooperation with Operations
  • Submit deals regarding REMIT for Contracts between counterparties regarding supply / sales deals in EU
  • Cooperate with Treasury / Accounting for cash in and cash out
  • Administer credit support & collaterals (BG, PCGs etc)
  • Administer LNG import procedure and fulfillment of obligations to customs office
  • Execute ETRM / SAP transactions, invoicing and customs process (EFK)
  • Review and update Customer and Vendor Master Data (Deals, Credit Limits, Credit Support documents) in ETRM / SAP systems
  • Be responsible for daily natural gas portfolio optimization (when in shift) and exploring opportunities in Greek and regional exchange platforms

What you need to stand out:

  • Bachelor’s degree in Engineering/ Scientific or other related discipline
  • Master’s degree in Energy or other related field with strong quantitative skills will be preferred
  • At least 2 years of professional experience within the Natural Gas trading sector or other relevant sector
  • Knowledge on Codes of Natural Gas Market like tariffs, access, TSOs, DSOs and customs’ regulations
  • Knowledge of a commodity management software (ETRM) will be preferred
  • Proficient use of MS Office, especially Excel, Access, VBA
  • Strong verbal and written communication skills both in Greek and English