What are the responsibilities and job description for the Specialist - M&A position at Sunoco LP?
Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 47 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 9,500 miles of pipeline and over 100 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which serve approximately 10,000 convenience stores, independent dealers, commercial customers, and distributors.
At Sunoco, we take great pride in what we do and wholeheartedly believe our employees drive success for our company and our customers. We are always looking for the best and brightest talent and we are committed to making your job a challenging and rewarding experience.
Summary:
Position reports to the Supervisor of M&A and is responsible for researching, analyzing, and supporting the negotiation and closing of fuel distribution acquisitions for the company. The role will support acquisition activity by researching markets, targets, and competition to assure a strong pipeline of viable acquisitions. The role will also provide detailed cash flow modeling of the proposed targets including forward run rate analysis, synergy capture, capital needs, and optimization options.
Essential Duties and Responsibilities:
- Support the closure of deals that exceed the budgeted EBITDA objectives for each calendar year by assuring a strong pipeline of targets that meet the company's internal thresholds
- Conduct market analysis for potential targets including, competitive behavior, customer trends, regulation, and population trends, as well as alternative strategies to assure ongoing/improved cash flows of the targeted businesses
- Create detailed financial models to properly assess deals, including optimization options, synergy capture, run rate adjustments, forward capital needs, and management presentations to support evaluation
- Track due diligence efforts on all targets, including vetting local regulatory environment, aligning on synergy with support teams, and assuring necessary operational and integration components are represented in the sales agreements and promptly raise any issues that may impede progress.
- Provide financial and modeling information for legal and other support teams as needed to assure transactions are ready to close
- Enhance integration work by providing necessary due diligence information to support teams and track deadline achievement of support teams to assure smooth closing and integration activities
- Support M&A strategy work to assure targets are in line with long term cash flow objectives
Education and/or Experience, Knowledge, Skills & Abilities:
To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:
- Bachelor's degree in Finance/Business/Engineering or other related discipline
- 8 years in US petroleum fuels business
- Overall understanding of the fuel distribution business including supply, trading, logistics and operations.
- Proficiency in financial modeling of capital projects and acquisition targets
- Excellent analytical, communication, and interpersonal skills
- Demonstrated leadership capability
Required experience is commensurate with the selected job level:
- The Specialist level requires a Bachelor's degree and 2-5 years of relevant job related experience
- The Senior Specialist level requires a Bachelor's degree and 5-8 years of relevant job related experience
- The Lead Specialist level requires a Bachelor's degree and 8 years of relevant job related experience
Preferred Skills:
- MBA and/or other post-graduate education
Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
- Usually, normal office working conditions.
- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
- Occasional overnight travel may be required.
- Occasional visits to industrial/manufacturing settings, which may include exposure to various materials and chemicals, as well as extreme temperature conditions and loud machinery, and require appropriate personal protective equipment.
