Utilize financial acumen to develop and update pricing formulas, using historical accounting and operational information considering the next best alternative and balancing service pricing with overall project value/impact.
Retrieve, organize, and consolidate historical service delivery costs that are applicable using ECC/DSR; Validate historical service delivery costs used as a basis for pricing; Adjust, as needed, historical service delivery costs to account for non-routine or abnormal cost variances; Determine when Next Best Alternative or market-based pricing.
Develop the contractual requirements associated with each service provided to, or received from, potential new Customers.
Manage current contracts while identifying opportunities to enhance operating models.
Lead the commercial relationship for Midstream activities with Dow by establishing best practices for communication and collaboration on asset contracts, while providing ongoing support for contract negotiations.
Work with the functions and site operations contacts to validate data used in establishing service quantity commitments (Contract Quantities) included in agreements for new Customers.
Monitor service financial performance to ensure revenue and margins are aligned with those anticipated when service pricing was established.
Investigate and initiate resolution for cases of inadequate margin performance.
Provide support for issue resolution during the monthly, quarterly, and annual closing activities.
In coordination with the contract managers, support annual budgeting and annual/monthly forecasting for Customer and fence line partner service consumption.
Establish and maintain best practices for all aspects of the portfolios, including implementation, contract language, and pricing strategies.
In collaboration with the Business Development team, lead the technical feasibility, scoping and development of Midstream growth projects and expanded service offerings.
Lead or support negotiations of new customer agreements.
Incorporate market best practices and build Midstream commercial acumen (muscle) within Diamond.
In collaboration with Contract Management, analyze and establish baseline asset utilization metrics for existing Customers to uncover trends and identify opportunities for optimizing existing services and expanding services with new Customers.
In collaboration with Operations and the Tech Center, participate in the development and maintenance of the asset strategies considering: The trends in the industry New technologies or improvements Existing and future service needs (volumes, quality, specification, etc.) Unmet Customer needs.
Negotiate agreements for right-of-way (ROW) acquisition, fee property, extensions and renewals of expiring leases, and landowner and Customer damages.
Collaborate with the commercial groups on pipeline leases, divestments, connection agreements and other transactions involving Diamond’s Midstream assets.
Requirements
A minimum of a Bachelor’s degree or relevant military experience at an E5 rank/Petty Officer 2nd Class or higher.
10+ years industry experience - in Midstream, Right-of-Way, Oil & Gas, Pipeline or Real Estate related field.
Familiarity / experience with the structure, language, and/or administration of contracts
A minimum requirement for this U.S. based position is the ability to work legally in the United States.
No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.
Benefits
Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals.
Employee stock purchase programs (availability varies depending on location).
Student Debt Retirement Savings Match Program (U.S. only).
Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs.
Travel insurance is also available in certain countries/locations.
Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
Competitive yearly vacation allowance.
Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
Paid time off to care for family members who are sick or injured.
Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.
Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.
On-site fitness facilities to help stay healthy and active (availability varies depending on location).
Employee discounts for online shopping, cinema tickets, gym memberships and more.
Additionally, some of our locations might offer: Transportation allowance (availability varies depending on location)
Job title
Midstream Portfolio and Commercial Development Director
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