Maventeq Systems Limited is a 100% Nigerian owned company established in 2008. We offer an array of services and products to enable our clients achieve effectiveness and efficiency. Our focus areas include recruitment and manpower supply, information technology, procurement and supply and security. Through our highly motivated staff and partners all over the world we render the best services that bring satisfaction to our clients.
Responsibilities
- Actively participate in delivering annual planning exercises: the Company Long Term Plan, Budget, PRIME reserves calculation, Exploration & Appraisal budget, ASC932 Cash Flow reporting to the US stock exchange, etc.
- Carry out economic studies of development projects, exploration wells, new business deals, project sanction dossiers.
- Prepare and present to senior management the results of economics studies (i.e. Company management, CDEP, BR, COVAL, CORISK/COMEX).
- Maintain the economic model and the modelling recap with any changes regarding the economic environment.
- Prepare and maintain the Fiscal Summary Sheet of assets in charge with annual update.
- Develop improved interfaces with technical and financial entities to improve quality and deliverability of economic analysis.
- Participate in the development, audit and validation Microsoft Excel tools /models used for economic evaluations and Essbase for data storage.
- Keep abreast of new approaches and proposed alternative approaches to Economic studies.
- Acquire and develop competencies on different economic models (aim at least 1 new per year), and the associated contractual and fiscal information.
General objective of the job:
- Undertake and perform high quality, accurate and sound economic analysis in relation to all of Company’s business activities.
- Take a critical view of the input data (production, cost, impact on other assets)
- Knowledge of contractual terms of the asset in charge, as well as fiscal terms of regulations in force.
- Use knowledge and experience to define business cases and the most relevant KPI’s
- To provide Management a comprehensive view of Company’s activities from an economic and value perspective, and to provide analysis and advice on maximising that value.
- Maintain and improve economic practices within Company.
- Capacity to work to tight deadlines & produce high quality work within a high-pressured environment.
Requirements
- Graduate in a technical, finance or economics discipline
- Highly experienced in the use of Microsoft Excel and economics modelling
- High level of computer literacy – Microsoft Excel / Visual Basic
- Highly numerate, analytical thinking, detailed oriented,
- Synthesis capabilities and capacity to escalate messages to senior management
- Experience in technical upstream “metier”: preferable but not mandatory.
Method of Application
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