Petroleum Commission, Ghana seeks the services of an Economic and Financial Officer (Modeller)

Job Title: Economic and Financial Officer (Modeller)

Job Purpose:

•   To work with Economists in the Economics and Projects Evaluation Department (EPE) on various oil and gas protects. Will assess. manage, analyae and model a wide variety of economic and financial projects/activities; develop and maintain economic models
•   To carry out in depth business analyses of existing and new proposals and to assess the effect of changes to unforeseen circumstances, work in conjunction with Operators on their annual 'program-build' and evaluate the economics of various projects with the objective of creating and sustaining significant value to the Government and all stakeholders

Business Analysis

•   Analyse applications few new Oil and Gas Blocks and evaluate WP&B in accordance with agreed exploration and production opportunities. This shall include initial screening, due diligence and submitting results and findings to management
•   Periodically analyse the commercial merits of existing projects to gauge its attractiveness to the Government of Ghana; suggest feasible amendments to the term as of future projects and provide advise on specific future direction

Techno-Economic Evaluation
In coordination with technical departments

•   Develop suitable techno-economic models for existing and potential projects - enabling projections and sensitivities to be made and evaluated under different scenarios as input parameters change
•   Develop integrated economic models, which assess the economic benefits to the Government of Ghana of proposed changes to existing project parameters
•   Populate and maintain updated integrated economic models for the Commission
•   Risk and rank existing projects and develop strategy for portfolio management

Commercial Understanding of Various Projects

•   Advise management of commercial implications of new proposals and/or changes to existing proposals and assist decision making as and when required
•   Under broad guidelines of management carry out independent analyses and undertake quick decisions as required while undertaking tasks and duties

Qualification Required & Experience

•   Master's degree in Economics (preferably Petroleum Economics), Mathematics, Statistics, Computer Science, Finance preferred
•   Minimum 5 years working experience, preferably in the oil and gas industry out of which, at least, 3 years should be in Economic or Financial Modelling, Business Analyses and or Corporate Planning
•   Experience in writing Excel macros/visual basic programming
•   Experience in using statistical, mathematical and/or econometric software such as EViews, Gauss, Crystal ball
•   Must have hands on knowledge of Ghana's Upstream Petroleum Fiscal System and be familiar with other Fiscal and Commercial Instruments, such as, PSA, JOA, SPA, etc

Technical Competencies

•   Clear understanding of different fiscal structures and their implications
•   Basic technical knowledge or understanding of various operations of the oil and gas industry
•   In depth understanding of business processes of the entire hydrocarbon value chain
•   Sound knowledge of oil and gas economics, including different international fiscal systems

Behavioral Competencies

•   Ability to conceptualize, plan and implement work processes/ management systems
•   Good communication skills
•   Strong reasoning and analytical skills
•   IT Skills (in depth knowledge of Microsoft office suite with an ability to create complex mathematical models for economic calculations and high level management presentations

Location: Accra

How To Apply For The Job

All applications should be sent to:-

careers@petrocom.gov.gh

Closing Date: 25 September, 2015