This position will be responsible for identifying, evaluating and performing due diligence and financial analysis related to new business development opportunities and mergers and acquisitions for the company. Works closely with senior management and provides analysis on potential opportunities to the senior management team and the board of directors.
Researches, evaluates and recommends potential mergers and acquisitions. Primary focus is on due diligence activities and developing a fundamentally market driven opinion, economic models and cases related to the opportunity.
Works through all aspects of transactions, including analyzing underlying business prospects (supply/demand fundamentals, market competition, return on investment, etc.) and leads the following groups during due diligence activities: Commercial, Operations, Environmental, Tax, Insurance, Real Estate, Human Resources, Accounting, Legal and Finance.
Strong emphasis on developing ideas and generating projects in the refined products and crude oil logistics space
Researches opportunities for growth and expansion in current and future markets. Assists senior management in determining annual and long-term business plans considering market dynamics and business trends.
Prepare and present business cases and research findings as required, to senior management.
Maintains and develops existing and potential industry and banking relationships.
Ability to perform complex financial and economic modeling.
Strong understanding of corporate finance concepts, such as merger analysis, discounted cash flow and industry comparable analysis.
Deep knowledge of midstream businesses including refined products, crude oil and natural gas sectors.
This position requires a bachelor’s degree in business, Engineering or related field; MBA is preferred and 8-10 years of experience in positions that will demonstrate thorough understanding and experience in running due diligence activities for both mergers and acquisitions.
This position will be filled at a level commensurate with the candidate's education and experience.
Sustained engagement; Strong attention to detail, Ability to work effectively with little or no direction, strong communication and interpersonal skills and the ability to collaborate and manage projects across departments and drive results. 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 based on disability. All qualified applicants will receive consideration for employment.
About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. is a publicly traded oil pipeline, storage and transportation company based in Tulsa, Okla. Formerly a part of Williams Companies, Magellan began trading as Williams Energy Partners in February 2001. In September 2003, we changed our name to Magellan Midstream Partners and began trading under the stock ticker MMP.
In 2004, Magellan purchased significant assets from Shell, including more than 3,000 miles of refined product pipelines as well as terminals and storage capacity. In 2007, another acquisition expanded Magellan’s footprint with increased capabilities in Texas. In 2009, we bought the Longhorn Pipeline running from Houston to El Paso. The reversal of this line has played a key part in Magellan’s growth the last few years. In 2010, Magellan purchased another 100 miles of pipeline and 7.8 million barrels of storage from BP. In 2013, Magellan acquired approximately 800 miles of refined petroleum products pipeline, four terminals and 1.7 million barrels of storage from Plains All American Pipeline. This purchase added assets in Colorado, New Mexico, South Dakota and Wyoming.
Today, Magellan has 9,700-mile refined products pipeline system w...ith 53 connected terminals as well as 25 independent terminals not connected to our pipeline system and our 1,100-mile ammonia pipeline system. In addition, we own approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of about 33 million barrels, of which 21 million are used for leased storage. Approximately 1,000 miles of these pipelines, the condensate splitter and 28 million barrels of this storage capacity (including 19 million barrels used for contract storage) are wholly-owned, and the remainder is owned through joint ventures. We also operate six marine terminals located along coastal waterways with an aggregate storage capacity of approximately 27 million barrels. Five of these terminals and approximately 25 million barrels of this storage capacity are wholly-owned, and the remainder is owned through joint ventures.