Head of Planning & Economics
hace 18 horas
Aberdeen
Our client is currently is a leading North Sea operator recruiting for the position of Head of Planning & Economics based in Aberdeen. This is a senior position making a key contribution to the complexion of the business. To lead the Planning & Economics function, providing strategic insight, economic analysis and integrated business planning to support Executive and Board decision-making and maximise sustainable business value. • Lead the quarterly forecasting and annual business and long-range planning processes, integrating operational, technical, commercial and financial assumptions., • Translate company strategy into clear operational and financial plans, targets and performance measures., • Establish a clear narrative connecting strategy, operational delivery, capital investment, cash generation and value creation., • Identify and explain changes in outlook, distinguishing between underlying performance, external factors, changes in assumptions and management actions., • Identify emerging risks and opportunities and the interventions available to improve business outcomes., • Own the company's economic evaluation framework, methodologies, assumptions and governance., • Lead economic evaluation of material investments, developments, asset opportunities and strategic decisions, using appropriate measures including NPV, IRR, breakeven, payback and sensitivity analysis., • Provide independent challenge of business and investment cases and ensure decisions are supported by robust, transparent economics., • Support portfolio optimisation and capital allocation, ensuring investment is prioritised towards the highest-value opportunities within the company's strategic and financial constraints., • Ensure appropriate consideration of UK fiscal arrangements, commodity prices, operating performance, project risk and decommissioning obligations., • Lead scenario and sensitivity analysis across key business drivers including commodity prices, production, capex, opex, project schedules, fiscal assumptions, inflation and foreign exchange., • Assess the implications of alternative scenarios for production, cash generation, returns, liquidity and portfolio value., • Support strategic, commercial and portfolio decisions, including acquisitions, divestments and other material opportunities., • Work closely with Finance, Treasury, Tax, Commercial and technical teams to provide an integrated view of the implications of major business choices., • Act as a trusted adviser to the CFO and wider Executive team on planning, economics, performance and value., • Focal point for the information sharing with the representatives from our Shareholders., • Own the narrative underpinning the Business Plan, forecasts and key economic assessments., • Translate complex technical, operational and financial information into concise, insightful and decision-focused Executive and Board materials., • Clearly articulate what is happening, what has changed, why it matters, what could happen next and what management should do about it., • Use data and visualisation effectively to support the story, ensuring detail enhances rather than obscures the key message., • Provide objective and constructive challenge where the evidence does not support the prevailing business narrative., • Develop and maintain fit-for-purpose, efficient and well-controlled planning and economics processes that are proportionate to the needs and scale of the business., • Lead the continuous improvement and simplification of planning, forecasting and economic evaluation processes, eliminating unnecessary complexity and manual activity., • Develop integrated and increasingly automated planning, modelling and reporting solutions, improving the speed, accuracy, consistency and transparency of information., • Work with Finance, Digital and other functions to ensure appropriate integration of source data, economic models, planning systems and management reporting., • Establish clear data ownership, governance, controls and audit trails, ensuring confidence in the integrity of planning and economic outputs., • Leverage automation, analytics and AI where appropriate to reduce manual processing and allow the team to spend more time on insight, challenge, scenario analysis and decision support., • Ensure systems and processes are scalable and adaptable, supporting the evolving requirements of the business without creating unnecessary administrative burden., • Lead, develop and motivate the Planning & Economics team, building strong economic, analytical, commercial and storytelling capability., • Establish high standard for economic modelling, analysis, controls and assurance., • Develop the team's ability to move beyond producing analysis to identifying the insights, implications and actions arising from it., • Promote strong collaboration across Finance, Commercial, Subsurface, Operations, Projects and other functions., • Foster a culture of continuous improvement, using standardisation, automation and fit-for-purpose technology to reduce time spent producing numbers and increase the team's capacity for analysis, insight and storytelling., • Strategic Business Planning & Performance Management Ability to translate strategy into integrated plans and identify the key drivers, risks and interventions required to deliver them. • Economic Evaluation & Value Optimisation Deep expertise in upstream economics, investment appraisal, scenario analysis and portfolio value optimisation. • Commercial Acumen & Decision Support Strong judgement and understanding of how technical, operational, fiscal and financial variables interact to determine value and investment returns. • Strategic Communication & Storytelling Exceptional ability to transform complex analysis into clear, compelling narratives that enable senior stakeholders to understand the issue, its implications, available choices and recommended action. • Executive Stakeholder Management & Influencing Credibility and confidence to engage, influence and constructively challenge Executive, Board-level and Shareholder stakeholders. • Leadership & Capability Development Strong people leadership skills with the ability to build a high-performing, commercially focused and analytically strong team. • Degree qualified in Economics, Finance, Business, Engineering, Mathematics Technical or another relevant discipline., • Significant relevant experience within the upstream oil and gas industry, ideally including the UK Continental Shelf., • Strong track record in business planning, economics, investment appraisal, commercial analysis, project maturation and portfolio management., • Deep understanding of upstream economics and value drivers, including production, commodity prices, capex, opex, taxation and decommissioning., • Strong economic modelling, scenario analysis and investment evaluation experience., • Demonstrable experience of communicating complex analysis to Executive and Board-level audiences., • Proven ability to develop clear business narratives from complex technical and financial information., • Strong commercial judgement and experience working across multidisciplinary technical, operational, commercial and finance teams., • Experience of UK upstream fiscal economics., • Experience of acquisitions, divestments, reserves/resources economics and portfolio optimisation. Orion Group was founded in 1987 and is now one of the largest, independent, international recruitment companies. We have a network of 200 employees working from 24 offices, delivering a range of services – Talent Acquisition, Recruitment Outsourcing Services, Retained Search, Global Workforce Solutions, Completions & Commissioning and Materials Management – across 68 countries. As a global leader in workforce solutions, we recruit personnel across the Engineering & Technical, Office & Commercial, Scientific and Skilled Trades disciplines, for sectors including Oil & Gas, Life Science, Power & Utilities, Constructions & Infrastructure, Manufacturing and Renewables. #J-18808-Ljbffr