Economist in London

Location: London, UK

Contract type: Permanent

Language requirements: Fluent in English

At Eni, we are looking for an Economist to join Liverpool Bay CCS in London, UK. You will support the economic and financial analysis of Liverpool Bay CCS, developing and maintaining financial models, conducting economic evaluations, and providing strategic insights to guide investment and commercial decisions.

About Liverpool Bay CCS

Liverpool Bay CCS Limited - part of Eni CCUS Holding Limited, the leading CCS company jointly controlled by energy-tech group Eni and BlackRock's GIP - is the owner and operator of the Liverpool Bay Carbon Dioxide (CO₂) Transportation and Storage (T&S) infrastructure. This project is the backbone of the HyNet North West Industrial Cluster, aimed at reducing carbon emissions from a wide range of industrial sectors across the North West of England and North Wales. Liverpool Bay CCS Ltd works with hard-to-abate industries to transport captured CO₂ from various plants to safe and permanent storage offshore beneath Liverpool Bay.

Main responsibilities:

• Develop and maintain robust financial and economic models to assess project economics, cash flow forecasting, and valuations.
• Update regulatory and financial models in line with regulatory and lenders reporting requirements, ensuring timely and accurate periodic reporting to the regulator as required under the CCS economic license.
• Conduct cost-benefit analysis and financial impact assessments to support decision making, preparing all relevant data for presentation at monthly/quarterly meetings with the Management Team and external stakeholders.
• Analyse the impact of regulatory changes, market conditions and economic policies.
• Contribute to the set-up of CCS economic models participating to negotiation with Government Authorities.
• Run economic and financial analyses, on the basis of the data collected from technical departments and within the scenarios and the methodologies provided by parent company or under the regulatory license, in order to support economic evaluation of new initiatives, including investments and divestments.
• Provide Company’s departments with specific support in carrying out economic evaluations, ensuring compliance with company’s methodologies and procedures, regulatory license and lenders requirements.
• Support the preparation of the Business Plan annual budget and forecasts, based on the input from the project/technical/commercial functions and/or contractors, coordinating the scheduled activities within an integrated, cross-functional business planning process.
• Monitor overall Company performances, controlling the implementation of the business plans versus the approved programs, and identify deviations from plans, promoting possible solutions/improvements.
• Ensure compliance with the requirements of the Economic License.

Skills and experience required:

• University degree in Accounting, Economics, Business Management, Finance, or a related field.
• Extensive experience in economic and financial modelling and analysis, preferably within regulated infrastructure or the energy sector.
• Solid understanding of regulatory and commercial frameworks.
• High proficiency in economic and financial modelling, with excellent knowledge of Excel and PowerPoint.
• Excellent analytical and numerical skills.
• Deadline-oriented, with the ability to work in a methodical and structured manner.
• Effective communication skills, both written and verbal.
• Fluent in English.

How to apply:

Applications are only accepted through our online application system. Please upload your CV in English.

About Eni

Eni is a global energy company operating in 61 Countries, with over 30,000 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers.

Working at Eni

At Eni we believe in enterprising people, capable of making a difference and making their contribution with passion and innovation, to respond to the global challenges of the energy transition. For us, the skills and attitudes of each individual, continuous training, and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being, welfare and work life-balance.