Senior Specialist, Project Economics

JOB PURPOSE:

Execute all Economic modelling, analysis, evaluation and transactions pertaining to the successful delivery of the company portfolio including both national and international projects executed in co-operation with Joint Venture partners.

Support in integrating all economic data from commercial and engineering workstreams into feasibility study activities, pre-Feed, Feed etc. on individual projects.

Provide advice to the management in the financial / economic decision making across managed projects.

Key Accountabilities

Projects Economics

Execute Economic modelling, analysis and evaluation on projects managed and provides direction and advice on all projects in the project funnel managed, both internationally and nationally in relation to the economic viability and risk related to the projects.

Support structuring and developing opportunities in a way that has a strong strategic fit with the endorsed strategy through the entire deal cycle with the aim of successful culmination in the form of formal agreements.

Support negotiations on individual projects with economic, financial and commercial insights.

Support and ensure that the right projects are being selected to progress based on feasibility and Financial and Economic criteria.

Ensure that proposed solutions are achievable and consistent in their approach across the project portfolio and aim to deliver maximum value to TA’ZIZ.

Support techno-economic feasibility studies, including pre-FEED and FEED studies of new projects to deliver growth and economic value from Downstream projects.

COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal

• Regular work related contact with VP and team members.
• Contacts with Functional heads and Department Managers for gathering business information needs, sharing market intelligence, etc.
  
  

External

• Government Authorities, such as Abu Dhabi Executive Council, Ministry of Energy, Department of Economic Development, Abu Dhabi Investment Authorities and Gulf Cooperation Council, etc.
• Regular Contacts with top management of national shareholders, customers, suppliers and joint venture partners in discussions and negotiations.
• Regular contacts with ADNOC and Abu Dhabi subsidiaries/ventures, partners and technical collaborators, project and business.
  
  

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:

Minimum Qualification

Bachelor’s Degree in Economics / Engineering / Finance; or relevant disciplines with supporting experience. Master’s degree or MBA is preferred.

Minimum Experience & Knowledge & Skills

8 years or more of industry experience in the commercial and economic evaluation of downstream projects

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