Sr Specialist Economic Evaluation

Job titleSnr. Specialist Economic EvaluationGradeStreamGrowthFunctionBusiness DevelopmentLocationOman – MuscatBudget control*OPEX and/or CAPEX and/or Revenue amount as relevant*Reporting toHead of Economic & Strategic AllianceDirect reportsJob purposeSenior Specialist in conducting economic analyses, evaluating financial performance, and providing strategic insights to support decision-making processes. The ideal candidate will have a strong background in economic modeling, financial analysis, and data interpretation, along with excellent communication and analytical skills.; in order to support Commercial & Downstream to increase / growth / enhancement of all business assets portfolio.The position will act in accordance with the Group’s Mission, Vision, Values & Strategies, as well as, policies, guidelines and international standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justification’s, and best international practices in consonance with national objectives.Main tasks and responsibilities

• Conduct economic evaluations and financial analyses to screen and assess the viability of projects, investments, and business opportunities.
• Develop and maintain complex economic models of any existing or new business to support decision-making processes and strategic planning initiatives.
• Analyze and interpret financial data, market trends, and industry benchmarks to identify risks, opportunities, and key performance indicators.
• Prepare comprehensive reports, presentations, and recommendations for senior management and stakeholders based on economic analyses and findings.
• Collaborate with cross-functional teams, including asset management, finance, operations, and business development, to provide economic insights and support project planning and execution.
• Use of financial modeling software, such as Excel to prepare business case economics, and familiarity with statistical analysis tools.
• Interpret complex data, identify trends, and draw meaningful conclusions.
• Stay informed about regulatory changes, market dynamics, and industry trends that may impact economic evaluations and financial performance.
• Present complex and creative economic concepts and findings in a clear and concise manner.
• Provide mentorship and guidance to junior team members and contribute to the professional development of the team.
• Work effectively in a collaborative team environment and build relationships with stakeholders at all levels.

Key interactionsInternal: Commercial & Downstream Assets and FunctionExternal: Contractors, vendors and providers.Notable Working Conditions. Field Operations and office environment, Moderate to intensive computer screen use.Education requirements

• Bachelor’s degree in economics, finance, or related field (required)
• Master’s degree (preferred)

Language requirementsExcellent knowledge of written, read, and spoken English (required) , Arabic (desirable)Background and experienceCompetencies and skills

• 8+ years’ experience in economic evaluation, financial analysis, or related field, preferably in the Oil & Gas.
• Expertise in economic modeling, financial forecasting, and data analysis techniques.
• Excellent analytical skills with the ability to interpret complex data, identify trends, and draw meaningful conclusions.
• Exceptional communication skills with the ability to present complex economic concepts and findings in a clear and concise manner.
• Strong organizational skills with the ability to manage multiple projects simultaneously and meet tight deadlines.
• Demonstrated leadership abilities with a track record of mentoring and developing junior team members.
• Commercial and business knowledge about Refinery, storage, logistics, and Petrochemical business
• Experience in stakeholder management and presentations to Executive Leadership

Soft:

• Able to build relationships within department staff and build relationships with stakeholders at all levels with a focus on collaboration.
• Must have excellent organizational skills.
• Requires excellent communication skills, both verbal and written.
• Strong leadership skills as well as the ability to communicate across all levels.
• Result oriented

Technical:

• Computer literacy including MS Office

• Financial modeling, Budget / Estimation, Cost Control
• Resources (internal and external)
• Business Development methods /process
• Analytical skills

Job Req ID: 55702Date: May 9, 2025Location:OMEntity: OQ SAOCBusiness Unit: Commercial & Downstream SBUDivision: Business DevelopmentCountry/Region: OM