Economist at Maventeq Systems Limited
Employment Nigeria
16-Dec-2024
₦Not Available
LAGOS ,
Oil and Gas
Maventeq Systems Limited - Our client, a multinational Oil and Gas company in Nigeria is currently recruiting suitably qualified candidates to fill the position below:
JOB TITLE: Economist
JOB RESPONSIBILITIES
- Actively participate in delivering annual planning exercises: the Company Long Term Plan, Budget, PRIME reserves calculation, Exploration & Appraisal budget, ASC932 Cash Flow reporting to the US stock exchange, etc.
- Carry out economic studies of development projects, exploration wells, new business deals, project sanction dossiers.
- Prepare and present to senior management the results of economics studies (i.e. Company management, CDEP, BR, COVAL, CORISK/COMEX).
- Maintain the economic model and the modelling recap with any changes regarding the economic environment.
- Prepare and maintain the Fiscal Summary Sheet of assets in charge with annual update.
- Develop improved interfaces with technical and financial entities to improve quality and deliverability of economic analysis.
- Participate in the development, audit and validation Microsoft Excel tools /models used for economic evaluations and Essbase for data storage.
- Keep abreast of new approaches and proposed alternative approaches to Economic studies.
- Acquire and develop competencies on different economic models (aim at least 1 new per year), and the associated contractual and fiscal information.
ACCOUNTABILITIES
The general objective of the job:
- Undertake and perform high-quality, accurate and sound economic analysis in relation to all of the Company’s business activities.
- Take a critical view of the input data (production, cost, impact on other assets)
- Knowledge of contractual terms of the asset in charge, as well as fiscal terms of regulations in force.
- Use knowledge and experience to define business cases and the most relevant KPI’s
- To provide Management a comprehensive view of Company’s activities from an economic and value perspective, and to provide analysis and advice on maximising that value.
- Maintain and improve economic practices within Company.
- Capacity to work to tight deadlines & produce high quality work within a high-pressured environment.
QUALIFICATIONS / EXPERIENCE REQUIRED
- Graduate in a technical, finance or economics discipline
- Highly experienced in the use of Microsoft excel and economics modelling
- High level of computer literacy – Microsoft Excel / Visual Basic
- Highly numerate, analytical thinking, detailed oriented,
- Synthesis capabilities and capacity to escalate messages to senior management
- Experience in technical upstream “metier”: preferable but not mandatory.
JOB LOCATION
DEADLINE: 16th December, 2024
METHOD OF APPLICATION
Candidates should send their CV to: careers@maventeqsystems.com
Note that only candidates who meet the job requirements will be contacted
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