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CENTRAL ENERGY FUND (CEF)
 
Petroleum Agency SA, a subsidiary of CEF SOC Limited, is responsible for promoting and regulating the exploration and exploitation of oil and gas (petroleum) resources within the Republic both onshore and offshore on behalf of Government in terms of the Mineral and Petroleum Resources Development Act. Reporting to the Board, the incumbent will manage the activities and resources of the Agency to ensure the achievement of agreed goals in terms of the Shareholders’ Compact. This will include responsibility for formulating in consultation with the Board and executing the strategic direction of the company, policy formulation and leading a multidisciplinary team. For more details about Petroleum Agency SA, visit www.petroleumagencysa.com
 
CHIEF EXECUTIVE OFFICER
(FIVE YEAR FIXED TERM PERFORMANCE – BASED CONTRACT)
 
 
Key performance indicators: 
 Provide strategic direction and leadership to the company 
 Promote the vision, mission and values founded on the desire to be a high performance organisation that relies on its dynamic employee value proposition that attracts, develops and retains highly skilled employees 
 Develop and implement strategic interventions aimed at ensuring that the company is sustainable 
 Develop and implement frameworks, structures and processes that ensure good governance, effective risk management and compliance with government's policies, regulatory guidelines, directives and applicable legislation 
 Set and manage Company objectives in terms of the Shareholders’ Compact 
 Develop the Agency’s promotion, environmental management and regulatory capacity and activities to ensure continued investor interest in the upstream petroleum projects 
 Develop and implement a comprehensive transformation plan and manage “special projects” as directed by the Board 
 Enhance the maintenance and expansion of the exploration and production database to enable mapping and understanding of the resource base 
 
 
Required Qualifications and Experience: 
 A postgraduate degree in Law, Engineering or Natural Sciences 
 An MBA or relevant Masters or training in mineral resources and energy related areas will be an added advantage 
 A minimum of ten years’ senior management experience
 Experience in the upstream and gas industry will be an important advantage 
 Proven knowledge or an in-depth understanding of the petroleum / energy industry 
 Knowledge of pertinent legislation 
 Strong communication and presentation skills 
 Ability to engage with government departments, regulatory authorities and critical stakeholders 
 Knowledge of energy sector will be an advantage 
 Proven business management skills including inter alia financial management, risk management, corporate, compliance and team leadership 
 Proven track record in developing strategy for business / organisation and of successful leading and inspiring a diverse group of employees
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Key attributes and skills sought: 
 High-level of integrity, initiative and passion 
 A team player who is assertive and confident 
 Outstanding leadership, interpersonal, negotiations, concept and analytical skills 
 Ability to recognize opportunities and drive change 
 Ability to lead and implement transformation initiatives 
 Understanding of PFMA and Treasury regulations 
 Understanding of Codes of Corporate Governance 
 Open to security vetting clearance 

 
 Preference will be given to candidates from designated groups in terms of national labour legislation. A remuneration package will be negotiated to attract the best available candidate. 
 
The closing date for all applicants is 15 November 2019 at 16h30 
 
Send your comprehensive CV with a covering letter directly to - KentseR@cefgroup.co.za