Jobs at Sasol - Senior Petroleum Economist Job Vacancy in South Africa, Gauteng

  Job Title: Senior Petroleum Economist

(Ref No. 9166)

Closing Date: 18 July 2012

Business Unit: Sasol Petroleum Internat.

Location: Rosebank, Gauteng, South Africa

Reports to: Manager : Economics

Job Type: Permanent

Level of Experience: 6 to 7 years

Position Summary

Purpose of the job :

To independently compile and produce risk based business and economic evaluations for existing operations and new business ventures in order to support operational and strategic decisions for Sasol Petroleum International.


Required outputs: Functional:
•Application of the global upstream investment analysis methodology
•Develop and agree assumptions with due input from the various functional specialists
•Performing risk based economic evaluations to evaluate the economic feasibility of upstream projects thereby facilitating the investment decision-making process alignment to the business drivers
•Play a key role in the statutory reporting of SPI’s unconventional hydrocarbon reserves. Build, update and maintain models for statutory reporting.
•Provide economic modeling and sensitivity analysis in order to fully understand and implement value drivers that could significantly enhance project returns for both the upstream and downstream value chain
•Examine and contextualize macro-economic risks of key projects
•Preparation and interpretation of economic results to ensure the required position papers for appropriate mandates are achieved.
•Co-ordinating formal assumptions reviews and sign-offs and compiling the assumption documents
•Liaising with project financing advisers & tax advisers
•Ensuring alignment and integration between the upstream and downstream value proposition;
•Economic evaluation and model integrating of Upstream and GTL projects
•Developing economic model sensitivities, alternative scenarios and decision tree analysis
•Keeping abreast of developments on economic evaluation, taxation and fiscal terms, cost structures, product prices & hydrocarbon availability
•Provide necessary input into MOU's, business model discussions, strategy, due diligence, statutory reporting etc
•Provide negotiation support for the Sasol team


General:
•Building and maintaining effective networks.
•A fundamental understanding of the energy sector and key global trends.
•Remaining abreast of developments in the field of project economic evaluation.
•Integration of risks into economic evaluation to support decision-making.

Job Requirements
Specific experience required:
•At least 6 years relevant working experience preferably in two or more of the following areas: operations, technical, business analysis, financial, commercial.
•Experience in petrochemical and or upstream gas & oil industry


Qualifications and expertise required (Must):
•B Degree in engineering, economics or finance (must)
•Investment analysis expertise
•Business Qualification (wish)
•MBA will be an added advantage

Personal Attributes
Personal Attributes:

Competencies (skills, knowledge and characteristics):
•Strong analytical and numerical/computer modelling skills
•In depth knowledge and experience of economic modelling
•Assertiveness and business acumen
•Ability to work independently and work within a matrix team
•Ability in lateral and integrative thinking
•Sound judgement and tolerance for ambiguity
•An ability to challenge paradigms
•Excellent influencing, inter-personal skills and building partnerships
•Good conceptual and integrative thinking
•Good Communicator


To Apply:

https://sasol.ats.hrsmart.com/cgi-bin/a/highlightjob.cgi?jobid=9166

Deadline: 18th July 2012