Sr Business Analyst

Reliance Industries (RIL); Navi Mumbai; On-site; INR 1,800,000 - 2,200,000; Full time

Job summary

Reliance Industries Ltd. in India seeks a Business Analyst to deliver robust economic analysis and valuation support for upstream oil and gas opportunities.

You will build integrated economic models (DCF/EMV), maintain scenario sensitivities, and provide decision-grade insights for investment committees and leadership. The role requires 3–5 years in petroleum economics, strong Excel skills, and a deep understanding of upstream fiscal regimes.

Qualifications

• Graduate or postgraduate degree in Economics, Finance, Engineering or related field.
• 3 to 5 years of experience in petroleum economics and valuation.
• Proven track record in building and maintaining advanced financial models.
• Strong knowledge of upstream oil & gas fiscal regimes and commercial structures.
• Exposure to international upstream projects and multijurisdictional terms preferred.

Responsibilities

• Deliver robust economic analysis and valuation support for upstream oil and gas opportunities.
• Build integrated economic models (DCF/EMV) and establish valuation ranges.
• Maintain scenarios and sensitivities across price, capex, schedule, volumes, and fiscal terms.
• Validate assumptions with technical teams, ensuring auditability and traceability.
• Provide decision-grade insights to guide investment committees and leadership.
• Support post-deal value tracking by mapping investment thesis to measurable drivers.

Skills

Petroleum economics

Financial modelling

Fiscal regimes

Analytical communication

Scenario management

Auditability

Cross-functional

Education

Economics/Finance/Engineering degree

Tools

Excel

Job description

Main Purpose:-

The Business Analyst will be responsible for delivering robust economic analysis and valuation support for upstream oil and gas opportunities. The role involves building integrated economic models, maintaining scenario sensitivities, and providing decisiongrade insights to guide investment committees and executive leadership.

Job Accountabilities (duties and responsibilities).

• Well aware of the valuation practices and methodologies prevalent in E&P business.
• Knowledge of taking the required inputs from the exploration and developments plans and experts.
• Build integrated economic models (DCF/EMV) and establish valuation ranges for opportunities.
• Maintain scenarios and sensitivities across price, capex, schedule, volumes, and fiscal terms etc.
• Validate assumptions with technical teams, ensuring model auditability, transparency, and version control.
• Deliver timely and consistent economic analysis across multiple opportunities.
• Keep a track of value impacting elements post deal also and support postdeal value tracking by mapping investment thesis to measurable drivers.

Skills Required (Knowledge and Skills)

• Strong expertise in petroleum economics and upstream valuation.
• Advanced financial modelling skills (Excel, DCF, EMV).
• Deep understanding of fiscal regimes and contractual frameworks.
• Analytical communication skills to present complex economic insights clearly.
• Ability to manage sensitivities, scenarios, and risked valuations.
• Attention to detail with focus on auditability and consistency.
• Collaborative mindset to work closely with technical and commercial teams.

Qualification & Experience

• Graduate/Postgraduate degree in Economics, Finance, Engineering, or related discipline.
• 3 to 5 years of experience in petroleum economics and valuation.
• Proven track record in building and maintaining advanced financial models.
• Strong knowledge of upstream oil & gas fiscal regimes and commercial structures.
• Exposure to international upstream projects and multijurisdictional fiscal terms preferred.