Planning & Performance: Head of Planning & Economics – Altea Energy

LocationMadrid

What do we expect from you

The successful candidate will form part of the Planning and Performance Division within the company . The Division is charged with the business planning, performance management, economic analysis and business risks amongst other skills sets.

The Head of planning and economics coordinates and manage the Planning & Economics Analysts to provide high value, quality and timely economic valuations across the asset lifecycle as required within the organization and to facilitate the development of the company’s E&P Business Plan.

Key responsibilities

• Support the delivery of E&P projects by leading the economics delivery team on economic valuation as required by the organization: included but not limited to asset valuation, corporate valuation and support into the Business plan
• Support the delivery of E&P projects by performing economic valuation as required by the organization: included but not limited to asset valuation, corporate valuation and support into the Business plan.
• Economic valuation execution across the organization (asset valuation in all E&P cycle, corporate valuation) through economic modelling of fiscal terms as per country and legislation in place
• Planning and development of the Business Plan for the company
• Facilitation of the Division, Unit/Field and Functional Business Plans, defining precise targets and focusing in activities
• Collection, analysis and consolidation of data for preparing the Business Plan, ensuring consistent and realistic long and short-term operational plans
• Reconcile Business Plans with previous plans to ensure consistency and variation analysis
• Integration of Business Planning and financial planning
• Support on commercial overview of E&P activities to head of Strategy and Portfolio for management activities
• Provide leadership and insight into the key drivers / risks and constraints underpinning the economic analysis, and communicate these effectively to the head of Planning & Performance division as well as other internal stakeholder (Asset Managers, Technical Manager or Project Manager)
• Management of team:
  • Appropriate resourcing of planning and economic analyst to E&P projects
  • Prioritization of activities/deliveries
  • Training to support ongoing business activities and capability gap closure
• Role model leadership support for HSEQ culture
• Supporter business efficiency and operational excellence

What are we looking for

• Bachelor degree in technical/engineering discipline.
• Preferred a Master in Petroleum Economics.
• Fluent in English.
• 10+ years of Economic Analysis experience in the E&P sector (Petroleum Economics)
• Proven track record of knowledge of global fiscal regimes including, but not limited to PSC and Concessions in at least all the countries the company’s E&P is present in all the E&P cycle and its parametrization trough an economic model.
• Proven track record for delivering projects to schedule, giving support in different stages of the E&P cycle and from an economic analysis perspective Proven track record of developing people
• Strong analytic and planning skills is required
• Strong collaboration skills is required
• Knowledge of risk & uncertainty methodologies for valuation E&P projects is required
• Excellent communication skills are required
• Knowledge of Finance is preferred