Oil Industry Jobs – Senior Upstream Economist and Financial Analyst – Petroleum Authority of Uganda (PAU)

Oil Industry Jobs – Senior Upstream Economist and Financial Analyst – Petroleum Authority of Uganda (PAU)

Job Title:       Senior Upstream Economist and Financial Analyst

Organization: Petroleum Authority of Uganda (PAU)

Duty Station: Kampala, Uganda

Reports to: Manager Economic and Financial Analysis

About US:

The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production) Act 2013, and in line with the National Oil and Gas Policy for Uganda which was approved in 2008. The PAU’s mandate is to monitor and regulate the exploration, development and production, together with the refining, gas conversion, transportation and storage of petroleum in Uganda. This includes ensuring that petroleum operations in Uganda are carried out in accordance with the relevant laws, regulations, guidelines, statutes and in line with international best practice for the petroleum industry.

Job Summary: The Senior Upstream Economist and Financial Analyst is mainly responsible for producing risk based financial and economic evaluations of operations and projects in the upstream to facilitate regulatory decisions.

Key Duties and Responsibilities:  

  • Coordinate the development of work plans and budgets for the department.
  • Produce timely reports on the execution of the activities of the department.
  • Provide information and analysis for regular updates on the movement in the macro-economic factors and how these movements affect the industry.
  • Provide information and analysis for regular updates on any developments in economic and financial evaluation, taxation and fiscal terms, cost structures, prices, hydrocarbon availability including analysis of their impact on the sector in Uganda.
  • Coordinate the production of an annual benchmark report for Uganda’s sector.
  • Project manage the function of economic/financial modelling for the upstream.
  • Coordinate the review of assumptions.
  • Draft position papers.
  • Perform the necessary independent scenario analyses required to support negotiations.
  • Initiate and coordinate the review and development of models/tools required to undertake the necessary economic/financial analysis.
  • Provide the necessary input from the upstream in the comparative economic/financial modelling work on tariffs.
  • Participate in the review of submitted inputs for the determination of tariffs.
  • Coordinate the review of documents for licensing or renewal of licenses.
  • Undertake comparative economic/financial modelling work on the proposed licenses.
  • Coordinate research on topical issues in the sector and write technical papers.
  • Undertake continued analysis and benchmarking of Uganda’s fiscal regimes.
  • Coordinate the review of related legislation to ensure regulation is not a burden or cost.
  • Look out for changes in the tax and revenue legislation and model their impact on the sector.
  • Perform any other duties as may be assigned from time to time.

Qualifications, Skills and Experience:

  • The applicant for the Petroleum Authority of Uganda (PAU) Senior Upstream Economist and Financial Analyst job placement must hold a Master’s degree in Petroleum Economics, Finance or Taxation from an internationally recognized University/ Institution.
  • An honours Bachelor’s degree in Economics, Finance, Petroleum Geosciences, Physical Sciences, or any other related degree from an internationally recognized University/ Institution.
  • At least five years’ experience in the area of economic/financial analysis, at least two (2 ) of which should have been served in a reputable organization.
  • Demonstrated experience of working in a leadership role in an organization/business unit/project with diverse professionals.
  • Possession of a training in financial analysis.
  • Demonstrated knowledge of the oil and gas industry.
  • Considerable knowledge of tax laws.
  • Good knowledge of economic theory, research and models.
  • Knowledge of the laws and policies in the Oil and Gas sector in Uganda.
  • Innovative and with a proven high level of integrity and professionalism.
  • Excellent interpersonal and communication skills.
  • Familiarity with the main data manipulation languages and the principles of database design.
  • Good organisational skills.
  • Proven ability to achieve tight work deadlines under pressure.
  • The ability to create and maintain strong working relationships with colleagues and customers.
  • A willingness to keep up to date with the current developments in technology.
  • A commitment to continuing professional development (CPD).
  • An understanding of relevant legislation.

How to Apply:

All suitably qualified and interested candidates are encouraged to apply online by clicking on the link below.

Click Here (Register) -> Proceed to Application

Deadline: Wednesday, 18th April 2018 by 11:59 pm.

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