Senior Economist

<p></p>
<p>
</p>
<p>
</p>
<p>
Senior Economist</p>
<p>
</p>
<p>
Role Overview </p>
<p>
</p>
<p>
Provide regular full life cycle and incremental economic evaluation and associated analysis to the UK Business Unit in relation to pre- development, development and producing asset s, and support exploration and A&amp;D activities as and when required .</p>
<p>
Key member of team charged with overseeing the delivery of Commercial and Non Operated Assets Group objectives.</p>
<p>
</p>
<p>
Key Accountabilities </p>
<p>
</p>
<p>
Collate data, prepare economic models with supporting documentation and provide variance analysis as part of the life of field production and development asset valuation process. Interface with finance requirements for annual report.</p>
<p>
Ensure the life of field economic spreadsheet models are maintained and are accurate and auditable for production and development phase assets.</p>
<p>
Ensure preparation / prepare life of field models in the company's economic software .</p>
<p>
Oversee preparation of Development economics for screening and project decision gates.</p>
<p>
Assist commercial staff in developing commercial solutions/ negotiating positions Participate in the Economic peer review process as requested.</p>
<p>
Support the Exploration function by delivering economic analysis that supports the investment decision for exploration and appraisal activities .</p>
<p>
Prepare collated business unit figures for strategy /planning as required.</p>
<p>
Support A&amp;D evaluation work on an ad-hoe/ as required basis.</p>
<p>
</p>
<p>
Major Challenges </p>
<p>
</p>
<p>
Advising asset leaders on how to properly frame problems prior to analysis</p>
<p>
Delivering economic evaluations within the specified timeframe; need to be</p>
<p>
flexible in responding to changes.</p>
<p>
Ensuring effective management of priorities across a number of teams.</p>
<p>
Corporate/ Business Unit Interface</p>
<p>
</p>
<p>
Financial Accountability and Dimensions </p>
<p>
</p>
<p>
Ensure economic analysis outputs delivered meet requirements of the corporate investment guidelines.</p>
<p>
Provide insight into the key drivers / risks and constraints underpinning the economic analysis and communicate these effectively to management.</p>
<p>
Understand limitations of analysis performed</p>
<p>
Coordinating the support required from the functional teams.</p>
<p>
Delegate and provide support &amp; guidance to the economic staff during periods of</p>
<p>
high workload.</p>
<p>
Management Relationships (include direct/indirect reports, external parties)</p>
<p>
Direct report is Economist plus ad hoe external support</p>
<p>
</p>
<p>
The position has a functional reporting line.</p>
<p>
Provide services to line managers (asset managers/ finance/ functional leads in</p>
<p>
Business Unit)</p>
<p>
</p>
<p>
Qualifications </p>
<p>
</p>
<p>
Educated to degree level in a technical, financial, or other relevant discipline/ experience</p>
<p>
Experience in the upstream oil and gas industry</p>
<p>
Ideally, a comprehensive mix of technical knowledge, business and commercial</p>
<p>
awareness, and management and analytical skills</p>
<p>
A proven track record of providing economic analysis using techniques and software common to the industry</p>
<p>
</p>
<p>
Candidate Profile (include Skills &amp; Experience, Attributes, Behaviours)</p>
<p>
</p>
<p>
Self-motivated and can track/ adapt to changing priorities</p>
<p>
Highly numerate and analytical. Excellent at problem solving</p>
<p>
Strong coordination skills</p>
<p>
Professional presentation and communication skills</p>
<p>
Able to provide mentoring and guidance to junior/ external economic staff</p>
<p>
Additional Role Require</p>
<p>
</p>
<p>
</p>
<p>
</p>
<p>
Senior Economist</p>
<p>
</p>
<p>
Role Overview </p>
<p>
</p>
<p>
Provide regular full life cycle and incremental economic evaluation and associated analysis to the UK Business Unit in relation to pre- development, development and producing asset s, and support exploration and A&amp;D activities as and when required .</p>
<p>
Key member of team charged with overseeing the delivery of Commercial and Non Operated Assets Group objective s.</p>
<p>
</p>
<p>
Key Accountabilities </p>
<p>
</p>
<p>
Collate data, prepare economic models with supporting documentation and provide variance analysis as part of the life of field production and development asset valuation process. Interface with finance requirements for annual report.</p>
<p>
Ensure the life of field economic spreadsheet models are maintained and are accurate and auditable for production and development phase assets.</p>
<p>
Ensure preparation / prepare life of field models in the company's economic software .</p>
<p>
Oversee preparation of Development economics for screening and project decision gates.</p>
<p>
Assist commercial staff in developing commercial solutions/ negotiating positions Participate in the Economic peer review process as requested.</p>
<p>
Support the Exploration function by delivering economic analysis that supports the investment decision for exploration and appraisal activities .</p>
<p>
Prepare collated business unit figures for strategy /planning as required.</p>
<p>
Support A&amp;D evaluation work on an ad-hoe/ as required basis.</p>
<p>
</p>
<p>
Major Challenges </p>
<p>
</p>
<p>
Advising asset leaders on how to properly frame problems prior to analysis</p>
<p>
Delivering economic evaluations within the specified timeframe; need to be</p>
<p>
flexible in responding to changes.</p>
<p>
Ensuring effective management of priorities across a number of teams.</p>
<p>
Corporate/ Business Unit Interface</p>
<p>
</p>
<p>
Financial Accountability and Dimensions </p>
<p>
</p>
<p>
Ensure economic analysis outputs delivered meet requirements of the corporate investment guidelines.</p>
<p>
Provide insight into the key drivers / risks and constraints underpinning the economic analysis and communicate these effectively to management.</p>
<p>
Understand limitations of analysis performed</p>
<p>
Coordinating the support required from the functional teams.</p>
<p>
Delegate and provide support &amp; guidance to the economic staff during periods of</p>
<p>
high workload.</p>
<p>
Management Relationships (include direct/indirect reports, external parties)</p>
<p>
Direct report is Economist plus ad hoe external support</p>
<p>
</p>
<p>
The position has a functional reporting line.</p>
<p>
Provide services to line managers (asset managers/ finance/ functional leads in</p>
<p>
Business Unit)</p>
<p>
</p>
<p>
Qualifications </p>
<p>
</p>
<p>
Educated to degree level in a technical, financial, or other relevant discipline/ experience</p>
<p>
Experience in the upstream oil and gas industry</p>
<p>
Ideally, a comprehensive mix of technical knowledge, business and commercial</p>
<p>
awareness, and management and analytical skills</p>
<p>
A proven track record of providing economic analysis using techniques and software common to the industry</p>
<p>
</p>
<p>
Candidate Profile (include Skills &amp; Experience, Attributes, Behaviours)</p>
<p>
</p>
<p>
Self-motivated and can track/ adapt to changing priorities</p>
<p>
Highly numerate and analytical. Excellent at problem solving</p>
<p>
Strong coordination skills</p>
<p>
Professional presentation and communication skills</p>
<p>
Able to provide mentoring and guidance to junior/ external economic staff</p>
<p>
Additional Role Requirements </p>
<p>
Advanced Excel skills</p>
<p>
PEEP experience desirable but not essential</p>
<p>
</p>
<p>
</p>
<p>
</p>
<p>
ments </p>
<p>
Advanced Excel skills</p>
<p>
PEEP experience desirable but not essential</p>
<p>
</p>
<p>
</p>
<p>
</p>
<p>
</p>