LNG Economist (Relocation to Saudi Arabia is required)

Title: LNG Economist

Job Req ID: 17067

Location: Dhahran, Saudi Arabia

Overview:

We are seeking an LNG Economist to join Strategy & Business Development Division (SBDD) within the Gas Venture Department.

SBDD is responsible for sourcing and developing international gas value chain (upstream, liquefaction, marketing, regasification) investment opportunities. The Division is also responsible for coordinating the execution of these investment opportunities and managing investments post transaction, with an objective of creating a viable, material integrated global gas business by 2035.

Your primary role, as part on the economics modeling team, is to support the commercial business development team who develops the supply side of the LNG business and will lead the economic evaluation of LNG projects in terms of plant investment and offtake trading for investment decision making. Additionally, you will be required to engage with support functions such as Treasury, Group Finance and Strategy & Market Analysis as part of the model sign-off and due diligence process.

Key Responsibilities:

As the successful candidate you will be required to perform the following:

• Provide analysis of potential joint ventures and mergers and acquisitions primarily in LNG and Upstream opportunities and responsible economic and financial modeling on an unlevered and levered basis.
• Handle complex deal structures, with the development and interpretation of data used in a highly technical and confidential analysis platform.
• Provide sound investment analysis advice in support of LNG and Upstream Projects for Mergers and Acquisitions (M&A) deals, by leading economic evaluations and financial due diligence in the deal making process.
• Provide professional and technical expertise for the analysis and solution of complex problems in all areas of financial modeling and economic analysis.
• Validate and review of seller’s models on opportunities related to Upstream and LNG, identify potential problems and recommend solutions.
• Provide analysis to fully understand and articulate economic value drivers to management.
• Examine and prepare variance analysis of economic assumptions and high-level technical inputs with functional engagement support.
• Provide support in preparation of management presentations for progression of deals through the stage gate process.
• Assist in the formulation and implementation of economic analysis, policies, and procedures to prevent or resolve problems and follow-up implemented changes to ensure the problem has been resolved.
• Ensure that the company standards and processes are reflected in capital projects progression, project evaluations and in analysis of the business and environment through the stage gate process.
• Train and develop junior professional analysts.

Minimum Requirements:

As the successful candidate you will have:

• Bachelor degree in Finance, Economics, Accounting, or Business. An advanced degree is preferred.
• You will have a minimum of 15 years of related financial modeling work experience, preferably in an investment banking environment or a major petrochemical or energy industry corporation.
• You will also have experience with Economic Evaluations, Cash Flow & Variance Analysis, structured finance, project finance, and/or financial modeling.
• You will be able to conduct Monte-Carlo stochastic risk analysis and VB excel modelling.
• You will also be able to quickly establish credibility in the position and to effectively interact with all levels of management, including senior leadership.
• You will have the capability to work effectively within a matrix organization and with multi-disciplinary teams.

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical, and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical, and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.