Senior Economist in Aberdeen - Simpson Booth Limited

Job Overview

Aberdeen, Scotland
Job Type
Full Time
Date Posted
1 month ago

Additional Details

Job ID
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Job Description

Role OverviewProvide regular full life cycle and incremental economic evaluation and associated analysis to the UK Business Unit in relation to pre- development, development and producing assets, and support exploration and Research and Development (A&D) activities as and when required.Key member of team charged with overseeing the delivery of Commercial and Non-Operated Assets Group objectives.Key AccountabilitiesCollate 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.Ensure the life of field economic spreadsheet models are maintained and are accurate and auditable for production and development phase assets.Ensure preparation / prepare life of field models in the company's economic software.Oversee preparation of Development economics for screening and project decision gates.Assist commercial staff in developing commercial solutions / negotiating positions. Participate in the economic peer review process as requested.Support the exploration function by delivering economic analysis that supports the investment decision for exploration and appraisal activities.Prepare collated business unit figures for strategy /planning as required.Support A&D evaluation work on an ad-hoc/ as required basis.Major ChallengesAdvising asset leaders on how to properly frame problems prior to analysisDelivering economic evaluations within the specified timeframe; need to be flexible in responding to changes.Ensuring effective management of priorities across several teams.Corporate / Business Unit InterfaceFinancial Accountability and DimensionsEnsure economic analysis outputs delivered meet requirements of the corporate investment guidelines.Provide insight into the key drivers / risks and constraints underpinning the economic analysis and communicate these effectively to management.Understand limitations of analysis performed.Coordinating the support required from the functional teams.Delegate and provide support and guidance to the economic staff during periods of high workload.Management Relationships (include direct/indirect reports, external parties)Direct report is economist plus ad hoc external support.The position has a functional reporting line.Provide services to line managers (asset managers/ finance/ functional leads in Business Unit).QualificationsEducated to degree level in a technical, financial, or other relevant discipline/ experience.Experience in the upstream oil and gas industry.Ideally, a comprehensive mix of technical knowledge, business and commercial awareness, and management and analytical skills.A proven track record of providing economic analysis using techniques and software common to the industry.Candidate Profile (include Skills & Experience, Attributes, Behaviours)Self-motivated and can track / adapt to changing priorities.Highly numerate and analytical. Excellent at problem solving.Strong coordination skills.Professional presentation and communication skills.Able to provide mentoring and guidance to junior / external economic staff.Additional Role RequirementsAdvanced excel skills.PEEP experience desirable but not essential.Key Personal Attributes Communication and InfluenceUnderstands the value of clear, well thought out communication and active listening, coupled with honest and respectful responses to achieve positive outcomes and maintain productive relationships. Accountability, Decision Making and JudgmentUnderstands that part of business success is a result of individual and collective decision-making, based on sound judgement, competency, and integrity.Willing to accept responsibility for their actions and executes work in an honest and respectful way that materially influences how the client and its employees are perceived by stakeholders.Recognises the importance of fact over opinion and that the best solution may not always be the most obvious.TeamworkAs a team member, displays a consultative, non-territorial and collegiate approach that promotes trust and support.As a manager, recognises that caring passionately about the welfare and wellbeing of their people as much as the business itself delivers and sustains a positive team dynamic, commitment, team spirit, pride, trust, and group identity.Leadership and SupervisionAs a leader, develops a broad understanding of company’s core values and business principles. Recognises opportunities and threats, industry trends, emerging technology and displays initiative, energy, and commitment in carrying out the company’s core values through inspiration, an active coaching style utilising appropriate resources and a safe proactive culture.As a supervisor, has clarity of purpose to successfully influence and focus the team on the safe achievement of the planned objective utilising effective planning and appropriate resources.Ensures that the right information is provided at the right time to promote excellent decision making; takes advantage of the collective expertise of team members to undertake and deliver the work; encourages knowledge exchange within the team; helps decide where to invest critical resources; links long-range visions and concepts to daily work tasks.CoachingRecognises and supports the notion that 'their success is my success' and that investing in coaching time is advantageous for both the company and the development of individuals.Adaptability / Flexibility Copes under pressure and views adaptability and flexibility as positive attributes.Conflict PreventionTakes proactive and timely steps to prevent situations that could otherwise result in unnecessary confrontations and negatively affect the ability to work together in a positive and constructive manner.Problem SolvingPossesses the ability to tackle a problem carefully and systematically in a timely fashion, utilising a logical approach to deliver a safe and economical outcome.Results OrientedTakes active responsibility for the achievement of collective and personal goals and objectives within agreed timeframes within the framework of the company’s core values and business principles.


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