At a Glance
- Tasks: Join our team to build and maintain economic models for the oil and gas sector.
- Company: We're a leading oil and gas business based in London, driving industry innovation.
- Benefits: Enjoy a competitive salary of £55,000 plus bonuses and excellent perks.
- Why this job: Make an impact with your analytical skills while working in a dynamic, collaborative environment.
- Qualifications: You need a degree in Economics or Finance and 3 years of financial modeling experience.
- Other info: Proficiency in Excel and PowerPoint is essential; Bloomberg experience is a plus.
The predicted salary is between 33000 - 77000 £ per year.
About Our Client
Oil & Gas
Job Description
I am recruiting an Economist for an oil and gas business based in London. You will:
- Maintain and update the Company’s economic and corporate cashflow models.
- Provide long-term cashflow projections based on the most recent Business Plan.
- Build new economic models to accurately reflect the applicable fiscal and commercial terms of the asset/concession in question.
- Co-ordinate the database of the Company’s funnel of new business/M&A opportunities.
- Liaise with relevant personnel/departments within the Company to extract the information required to ensure that the economic models remain current.
- Provide economic support and expertise across the organisation.
- Prepare presentations on asset investments, M&A opportunities and broader Upstream industry trends and macro-economic issues.
The Successful Applicant
You will have:
- University degree in Economics, Business Studies or Finance related subject.
- Minimum 3 years’ financial modelling experience – within the oil & gas industry, or corporate finance/investment banking.
- Excellent knowledge of Microsoft Excel and experienced in designing/building economic models.
- Skilled in PowerPoint. Experience on Bloomberg terminal useful.
- Strong numerical, analytical and problem-solving skills and demonstrated experience in decision analysis and economic modelling, preferably within the oil and gas industry.
- A proactive and hands-on individual who is organised and enjoys working in a small team.
What’s on Offer
Circa £55,000 + bonus and excellent benefits.
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Economist employer: Michael Page UK
Contact Detail:
Michael Page UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Economist
✨Tip Number 1
Familiarize yourself with the latest trends in the oil and gas industry. Understanding current market dynamics will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the oil and gas sector. Attend industry conferences or webinars to connect with potential colleagues and learn more about the company culture at StudySmarter.
✨Tip Number 3
Brush up on your financial modeling skills, especially in Excel. Consider practicing by building sample economic models that reflect real-world scenarios in the oil and gas industry.
✨Tip Number 4
Prepare to discuss your previous experience with cashflow projections and economic modeling. Be ready to share specific examples of how you've contributed to similar projects in the past.
We think you need these skills to ace Economist
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Economist position. Tailor your application to highlight your relevant experience in financial modelling, particularly within the oil and gas industry.
Highlight Relevant Experience: In your CV and cover letter, emphasize your minimum 3 years of financial modelling experience. Provide specific examples of economic models you've built and how they contributed to decision-making processes.
Showcase Technical Skills: Demonstrate your proficiency in Microsoft Excel and PowerPoint. Mention any experience with Bloomberg terminal if applicable, as this will strengthen your application.
Prepare a Strong Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also reflects your enthusiasm for the role. Discuss your proactive approach and ability to work in a small team, as these traits are valued by the company.
How to prepare for a job interview at Michael Page UK
✨Showcase Your Financial Modelling Skills
Be prepared to discuss your experience with financial modelling in detail. Highlight specific projects where you built or updated economic models, especially within the oil and gas sector. This will demonstrate your hands-on experience and technical expertise.
✨Understand the Industry Trends
Research current trends in the oil and gas industry, particularly those affecting cashflow and investment opportunities. Being able to discuss these trends during your interview will show that you are knowledgeable and engaged with the field.
✨Prepare for Technical Questions
Expect questions that test your analytical and problem-solving skills. Be ready to walk through your thought process on how you would approach building a new economic model or analyzing a potential M&A opportunity.
✨Demonstrate Team Collaboration
Since the role involves liaising with various departments, be prepared to share examples of how you've successfully collaborated with others in previous roles. Highlight your proactive nature and ability to work effectively in a small team environment.