Economics & Planning Lead at WTS Energy

Job Description

• Responsible for building and applying economic models, analyses and forecasts to provide guidance required for investment options and decisions that are aligned with the business plan premises.
• Responsible for using macroeconomics, matrices, techniques, industry-specific and valuation tools to evaluate upstream oil and gas assets and opportunities.
• Assist in the implementation of the Board’s aspiration, distilling the long-term strategic plan into annual Corporate and functional business plans
• Liaise with all key internal and external stakeholders to develop a business plan and budget that integrates the various business streams (Upstream, Midstream and Downstream) and the business priorities of the Company`s board.
• Lead the development and effective deployment of a business planning and budgeting process – educating and guiding the rest of the organisation on the process, tools and key milestones required for a successful planning process.
• Conduct up-to-date competitive intelligence reports as well as provide support for key commercial considerations to guide business decisions including fiscals, tax, government incentives
• Lead in the development of a 3-5-year business plan that is further integrated into short-term 90-day, 60-day and 30-day functional or business unit plans
• Create a calendar for key reporting deadlines and to monitor processes to ensure that the Company is meeting expected reporting timelines and requirements.
• Ensure Corporate compliance with all regulatory and fiduciary requirements for plans.
• Provide support in developing the Corporate Risk Management Framework ensuring all the risks from the different business streams are integrated and there is a mitigation strategy for all identified risks

REQUIREMENTS

• Bachelor’s degree in Business Administration, Industrial Management Finance, Economics, or any other related business field. MBA/MSC/MA is an advantage.
• 5-8 years minimum experience in strategic leadership
• Skilled in Economic Modelling
• Skilled in Business Planning and Budgeting
• Understanding and Working knowledge of the Fiscal Regime
• Understanding of market research and data analysis.
• Strong communication skills and demonstrable strategic thinking abilities.
• Good analytical skills such as performance, competitive, and market analyses to translate raw information into actionable strategies and initiatives.
• Interpersonal, people and decision-making skills.
• Problem-solving and Negotiation skills.
• Ability to work in diverse teams and clarify complex concepts.
• Knowledge of business operations and procedures.