Head of Economics

1. KEY OBJECTIVES

Lead, prepare and provide support on business / project planning and scenario analyses.
Manage a team of analysts to provide economics support to the organization.
Construct and analyze Economic Models utilizing company standardized software.
Lead interfaces between the various departments in MY Asset
Work closely with Corp Office to ensure economic analysis is consistently and thoroughly evaluated during the entire life cycle.
Consider the commercial and economics impact of business decisions with regards to the Production Sharing Contracts, Joint Operating Agreements, and other key commercial agreements.

2. KEY ACCOUNTABILITIES

Ensure the Company’s interests are protected.
Manage and develop a team of analysts to be competent in their work requirements.

Lead to develop and maintain Production Sharing Contract (PSC) economic models. The models shall be updated to reflect any changes in the plans.
Lead, analyze and advise on key performance metrics of all MY Asset projects.
Lead to work with various departments to prepare and complete economics analysis for long terms plans, budget and etc.
Lead to evaluate various commercial and conceptual project proposals.
Lead to interface with the Company Corporate’s Business Development and Planning groups to ensure uniformity and conformity with corporate financial practices are adopted in business undertakings.

3. REQUIREMENTS

Minimum 15 years’ experience in the upstream Oil & Gas industry.
Experience with Production Sharing Contracts, Joint Operating Agreements and Sales Agreements.
Experience with commercial negotiations and economics.
Strong teamwork, communications, and leadership skills.
University degree (or similar qualification) in Economics, Finance or Engineering.
Experience with major oil and gas projects.
Experience in negotiating oil and gas contracts.
Fluent in oral & written English.
Familiarity with the Malaysian upstream oil & gas industry
Working knowledge of Microsoft Office and Economics Software