Job Title: Senior Economic Analyst
Overview
We are seeking a Senior Economic Analyst to join the Hydrogen Department Economic Evaluation & Business Strategy team. The Hydrogen Department focuses 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 maintain 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 end-to-end project economic assessments across the entire value chain, from feedstocks to various end-markets.
- 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 carry 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.
Company Industry: Oil & Gas
Department / Functional Area: Corporate Planning, Consulting, M&A
Keywords: Senior Economic Analyst