Senior Economic Analyst - aramcoservices
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Job Description
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the worlds largest producer of hydrocarbons (oil and gas) with the lowest upstream carbon intensity 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 Aramcos 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 Kingdoms 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.
Overview
We are seeking a Senior Economic Analyst to join the Hydrogen Department Economic Evaluation & Business Strategy team. The Hydrogen Department focus on the development of blue and green hydrogen and ammonia supply opportunities to assist our customers in Kingdom and Out of Kingdom with their decarbonization efforts.
Your primary role will be to develop and maintaining economic and financial models and cost competitive analysis for the Low Carbon Hydrogen (LCH) and derivative markets and businesses. You will spearhead and deliver economic insights build and run economic and financial analysis for the Low Carbon Hydrogen (LCH) business from a product/derivative regulation hydrogen carrier price formation project and company perspective.
Key Responsibilities
As a successful candidate you will perform the following:
- Develop and maintain a deep understanding of project economics for the low carbon hydrogen value chain and low carbon economy.
- Carry out endtoend project economic assessments across the entire value chain from feedstocks to various endmarkets.
- Conduct cost competitiveness and benchmarking of various projects from a feedstock technology location and hydrogen carrier perspective.
- Assist in establishing and shaping pricing mechanisms and strategies for low carbon hydrogen and ammonia.
- Develop generic models and carries out landed cost competitive analysis for low carbon hydrogen (LCH)/ammonia for our target markets and competition based on locations feedstock technology hydrogen carriers and different price sets.
- Develop and run various financial models for the low carbon hydrogen business by monitoring and calculating Internal Rate of Returns (IRRs) cashflows Net Present Values (NPVs) cash cost and conducting margin analysis.
- Understand and develop profit and loss analysis as well as understand financial statements and gleaning relevant insights when it comes to competitive assessments and benchmarking.
Minimum requirements
As a successful candidate you should have:
- Degree in Economics/Business/Finance/Accounting or engineering related degree. An MBA or an MSc in above fields or other advanced professional engineering degree is preferable.
- Minimum of 10 years of experience and proven track record in the hydrogen/ammonia or other energy related commodity markets with specialist knowledge and experience of products derivatives applications and markets.
- Strong economic and financial modelling skills and use of MS Excel and other related software.
- Expertise in handling and organizing various types of economic and financial data.
- Substantial background in areas of financial management and economic analysis commercial law taxation investments banking and forex.
Working environment
Our highperforming 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 worldscale 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 worlds 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 sectorspecific knowledge and competencies through our workforce development programs one of the largest in the world.
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Employment Type
Full Time
