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Planning and Economics Team Lead

Job Id
Start Date
Sep 21, 2021
End Date
Jan 20, 2022
Compnay Name
CC Energy Development
No of Position
Position Type
Job Type
Nationality Required
Education & Experience Required

Job Description

• Build, update and maintain key financial models, with functionality to run probability cases, development stages, sensitivities, scenarios, options, monthly cash flow analysis, etc.
• Support Management’s decision-making by managing a team that will be evaluating investment opportunities (e.g. exploration activities, field development, well selection, processing facilities, special projects, farm-in, divestments, etc) and deal with ad-hoc requests from Management.
• Support the Annual Business Plan and Budgeting processes by presenting the economic premises and alternative scenarios, consolidating business area’s budgets, and developing economic forecasts.
• Prepare economic assumption updates and distribute to user department.
• Work with internal departments and external teams (consultants, auditors, banks, etc) to support the year-end Reserves Process. Insure all the assumed inputs and delivered results are aligned with head office directions.
• Build strong and positive relationships with budget holders and senior leadership teams.
• Prepare deliverables to the Stakeholder on a timely basis, for approval of Management’s decision.
• Work with other teams in Finance and departments, to ensure that information in deliverables submitted to Stakeholders is consistent across the business.
• Lead and develop an impactful team of financial analysis working closely across the business.
• Have regular coordination with end users on the new AFEs
• The candidate will be reporting to Budgeting & Planning Manager and expected to be the successor for this post.

Skills Required

Minimum Academic Qualifications:
• Bachelor’s degree in Accounting, Economics or Finance.
• MBA, Msc, ACCA, CFA, CA / CPA or similar professional qualification preferred, between 7 to 10 years post qualification experience.
• Solid understanding and experience of dealing with Year-end Reserves process is required for this position. Previous experience of working as technical person in subsurface team is preferred.

Skills & Competencies Required/Know How:
• Experience preparing financial models, preferable in the energy sector, and in a profit-sharing contract environment.
• Strong Knowledge in Excel, PowerPoints and Word.
• Experience preparing investment evaluations, analyzing scenarios and assessing options.
• Proactive attitude, problem solving mentality, attention to details, highly analytical, with excellent communication skills.
• Plan and prioritize tasks, manage competing deadlines and balance workload.
• Excellent skills of managing a team, planning the work and setting priorities.

Other Job Details