Detailed Job Description
PetroChina Canada (PCC) is a wholly owned subsidiary of PetroChina Company Limited which is partially owned by China National Petroleum Corporation (CNPC), a state-owned enterprise. CNPC is China's largest oil company and the world's third largest oil company, operating 91 energy-related projects in over 35 countries and regions. PCC has invested billions of dollars in an asset-rich portfolio of upstream, midstream and downstream operations. In Alberta, this includes our MacKay River and Dover oilsands projects, Duvernay Shale Gas and a 50% interest in the Grand Rapids Pipeline. In British Columbia, we hold joint venture interests in the Groundbirch tight gas project and LNG Canada.
PetroChina Canada is recruiting for an Economic Analyst to join the Strategy & Planning Team in Calgary.
Reporting to the Deputy Director, Strategy & Planning, the Economic Analyst will work within the Strategy & Planning team to provide economic asset evaluations and external industry surveillance including economic and competitive analysis relative to PetroChina Canada’s (PCC) assets.
Accountabilities
The accountabilities of this position include, but are not limited to:
• Provide support in formulating standards for PCC’s economic evaluation processes
• Prepare economic analyses and generate economic outcomes that constitute a key factor in strategy development processes at both the asset and corporate levels
• Assist with creating and maintaining the financial and economic model assumptions (price lines, royalty structure, tax framework, etc.)
• Monitor the economic and financial climate to develop short- and long-term price forecasts for economic evaluations and identify short- and long-term trends
• Develop corporate financial modeling tools
• Support strategic planning activities by coordinating the development of detailed economic evaluations and portfolio scenario modelling of asset areas
• Prepare long-range plan, and proactively involve in business and operational planning process
• Support the creation and implementation of investment prioritization and risk assessment tools
Qualifications
• Undergraduate degree in business, economics, finance or engineering
• CPA, CFA, MBA or equivalent designation considered an asset
• 5-8 years of experience within the upstream industry in an investment, capital markets or analyst role
• Previous experience with financial and economic modeling, decision analysis and business planning
• Previous experience supporting major capital projects, unconventional resource development and/or exploration new ventures
• Experience in effectively communicating key data, including presentations to senior management, board or other outside partners
• Demonstrated sense of urgency and strong commitment to achieving goals; ability to work in a challenging, fast paced environment
• Strong analytical, problem solving and organizational skills
• Demonstrated superior oral and written communication and negotiation skills
• Ability to think strategically, proficiency in making business decisions that may impact the asset, as well as other functional areas
• Demonstrated and proven ability to make judgments and provide opinions while operating in an environment with a high degree of ambiguity
• Ability to handle multiple responsibilities, setting priorities and responding effectively to demanding situations
• Flexibility and ability to manage multiple priorities simultaneously and meet the time demands of unpredictable activities; capable of handling pressure and challenges in a dynamic business environment
• Ability to work independently and collaboratively in a multi-disciplinary team with a positive attitude
• Adoption and demonstration of PetroChina Canada Values (Honorable, Unified, Passionate, Accountable)