Job Description
Position: Renewable Energy Credit Analyst
Company: Baker Hughes Nigeria Ltd
Location: Akure, Nigeria
Experience: 3-5 years
Education: Bachelor’s degree in Finance, Economics, or related field
Employment Type: Full-time
Industry: Oil & Gas – Downstream
Department: Finance & Trading
Salary: NGN 2,500,000 – NGN 3,500,000 per annum
Vacancies:1
Company Overview
Baker Hughes Nigeria Ltd is a leading global oilfield services company delivering innovative solutions to the energy sector. With a strong presence in Nigeria for over three decades, the company supports upstream, midstream, and downstream operations through advanced technology, engineering expertise, and a commitment to sustainability. Baker Hughes is recognized for its robust portfolio of services ranging from drilling and evaluation to digital transformation and renewable energy integration. The organization fosters a culture of safety, diversity, and continuous improvement, offering career pathways that empower employees to drive industry change. As part of its strategic focus on the energy transition, Baker Hughes is expanding its renewable energy credit (REC) capabilities, creating new opportunities for finance professionals to contribute to a low‑carbon future while supporting Nigeria’s growing energy demand.
Job Overview
The Renewable Energy Credit Analyst will play a pivotal role in managing and optimizing the company’s portfolio of renewable energy credits, ensuring compliance with regulatory frameworks, and maximizing financial returns. This position involves detailed market analysis, transaction structuring, and collaboration with cross‑functional teams to align REC strategies with broader corporate objectives. The analyst will also support the development of reporting mechanisms and provide insights that influence investment decisions. This role offers a unique chance to be at the forefront of Nigeria’s energy transition, working within a dynamic environment that values innovation and professional growth. For more information about our hiring process, visit our main portal at https://nigeriajobsearch.com.
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Key Responsibilities
- Analyze national and regional REC markets to identify pricing trends, supply-demand dynamics, and regulatory changes.
- Develop and maintain financial models for REC valuation, forecasting cash flows, and assessing risk exposure.
- Coordinate the acquisition, sale, and retirement of RECs in alignment with corporate sustainability targets.
- Prepare detailed transaction documentation, ensuring compliance with Nigerian Renewable Energy Regulations and international standards.
- Collaborate with the legal, compliance, and sustainability teams to verify eligibility and certify credit generation.
- Generate monthly and quarterly performance reports for senior management and external stakeholders.
- Support the integration of REC data into the company’s enterprise resource planning (ERP) system.
- Provide market intelligence to the trading desk to inform hedging strategies and portfolio diversification.
Required Skills
- Strong analytical abilities with proficiency in Excel, VBA, and financial modeling tools.
- In‑depth understanding of renewable energy credit mechanisms, carbon markets, and related policy frameworks.
- Excellent written and verbal communication skills for report preparation and stakeholder engagement.
- Ability to work independently and as part of multidisciplinary teams.
- Attention to detail and high level of accuracy in data handling.
- Familiarity with ERP systems (e.g., SAP) and data visualization software (e.g., Power BI).
Education
A minimum of a Bachelor’s degree in Finance, Economics, Environmental Science, or a related discipline is required. Professional certifications such as CFA, CFA Institute Certificate in ESG Investing, or equivalent are advantageous but not mandatory.
Experience
Candidates should possess 3‑5 years of experience in energy finance, commodity trading, or carbon market analysis. Prior exposure to the Nigerian energy sector or experience working with renewable energy projects will be considered a strong asset.
Salary
The compensation package ranges from NGN 2,500,000 to NGN 3,500,000 annually, commensurate with experience and qualifications. Performance‑based bonuses and other incentives may be offered.
Benefits
- Comprehensive health insurance covering medical, dental, and vision.
- Retirement savings plan with company matching contributions.
- Paid annual leave, sick leave, and public holidays.
- Professional development allowance for certifications and training.
- Employee assistance program and wellness initiatives.
Training
- On‑boarding program covering Baker Hughes’ corporate values, safety standards, and REC market fundamentals.
- Access to internal learning platforms for continuous skill enhancement.
- Mentorship opportunities with senior analysts and traders.
Working Environment
Baker Hughes Nigeria Ltd offers a collaborative, inclusive, and safety‑first workplace. Employees operate in modern office facilities in Akure, with flexible working arrangements where appropriate. The company encourages knowledge sharing, innovation, and a balanced work‑life integration.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining relevant experience through the online application portal. Shortlisted applicants will be contacted for an initial virtual interview, followed by a technical assessment and final interview with senior management.
Equal Opportunity Statement
Baker Hughes Nigeria Ltd is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, disability, or sexual orientation. All qualified applicants will receive consideration for employment without regard to any protected characteristic.