The Commercial Business Manager will have commercial and business development responsibilities. These responsibilities include identifying growth opportunities, research and analysis of market, industry, economic trends, and project management to support business expansion opportunities. This position will manage many commercial projects (including system integrations, capturing system synergies, expansion projects, optimization projects, mergers/acquisitions, divestitures, etc.), negotiating commercial contracts (including lease storage contracts, pipeline throughput agreements, purchase and sale agreements) and maintaining internal and external working relationships. The Commercial Business Manager deals with day-to-day commercial issues, requests from customers, analyzes and monitors customer and facility activity and utilization, and leads project teams. This position will support the Crude Oil Business Development team and works closely with Operations, Scheduling, Engineering, Environmental, Finance, Legal and other support groups to ensure successful project implementation and that customer service expectations are met. The Commercial Business Manager provides revenue and capital forecasting information along with preparing project presentations for management on a regular basis. The Commercial Business Manager may specialize in a particular geography, product line or aspect of the business (GLO, Crude, Refined Products, Transmix, Additives).

Responsibilities:

• Responsible for all commercial projects. Member of project team responsible to ensure projects are completed on time and within budget. Works with various departments within Magellan to resolve issues, mitigate risks, and ensure successful project completion.
• Identifies business development, expansion, and optimization opportunities. Negotiates commercial contracts such as terminalling and throughput and deficiency agreements.
• Manages customer contracts and maintains working relationships. Answers customer questions. Handles day to day commercial activities, analyzes and monitors customer and facility activity and utilization. Works closely with Operations, Scheduling, and other support groups to ensure customer needs are met.
• Performs detailed financial and economic analysis to understand the risks and viability for potential business opportunities, expansion projects and acquisitions/divestitures.
• Participates in acquisition/divestiture opportunities from start to finish, performing due diligence, developing the business strategy, preparing the bid, negotiating purchase and sale agreements, and integrating the acquisition into Magellan’s crude business.
• Prepares, analyzes, and provides revenue and capital forecasting information.
• Other duties, as assigned.

Requirements:

• Bachelor’s degree required in business, engineering or related field. Master’s degree in a related field preferred, but not required.
• Prefer 5+ years industry or related experience, with a strong preference of 3+ years of economic analysis.

This position will be filled at a level commensurate with the candidate's education and experience.

Additional requirements:
The ability to communicate effectively orally and in writing in English with co-workers, supervisors, internal and external customers; the ability to work in stressful conditions; the ability to adapt and respond in changing circumstances; the ability to use a personal computer with the Windows® operating system to complete time sheets, send and receive email, and access information posted on the Company’s intranet; availability as needed to work on both a scheduled and call-out basis; and the ability to work at the assigned job site.

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.

Magellan Midstream Holdings GP, LLC. is an Equal Opportunity Employer and we do not discriminate against applicants due to race, ethnicity, gender, age, religion, national origin, veteran status, sexual orientation, gender identity, sex or on the basis of disability. All qualified applicants will receive consideration for employment.

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Experience

• 3 - 5 years: Prefer 5+ years industry or related experience, with a strong preference of 3+ years of economic analysis.
• Knowledge of Microsoft Office Suite including Excel, Word, and PowerPoint.

• Master’s degree in a related field preferred, but not required

Education

• Bachelors or better in Engineering or related field
• Bachelors or better in Business or related field

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)