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Senior Economist (Petroleum)
SOCAR Upstream Management International LLC
Responsibilities
- Valuation, Economic Analysis and Modeling
- Lead and be responsible for complex projects such as the valuations for M&A projects, commercial analysis involving various PSA parties, etc.
- Supervise the team for building and maintaining economic models of Assets managed by the Company
- Communicate regularly with operators and contractor parties to obtain updates related to the Assets
- Develop and propose initiatives to improve business processes within the Company and with external parties
- Lead the economic evaluation activities at various development stages of Assets
- Supervise the team in the preparation and delivery of presentations and reports summarizing valuations, due diligence findings, and economic analyses
- Economic and Decision Support
- Lead the review and analysis of project documentation and decision-support materials issued by Operators and other parties
- Represent the Company in formal meetings and committees related to managed Assets
- Coordinate commercial matters with other parties and contribute to drafting, reviewing, and negotiating commercial agreements
- Leadership & Team Development
- Provide technical guidance and structured feedback to junior team members, establishing clear standards for work quality and professional development
- Foster a collaborative, high-performing team culture by driving knowledge-sharing initiatives and coordinating cross-functional team workflows
- Define, standardize, and govern economic evaluation methodologies and modeling frameworks across all the Assets
- Essential Experience and Job Requirements
- University degree in Finance, Economics, Engineering, Mathematics, or a related field
- Minimum 5-7 years of upstream oil & gas economic modeling experience, with a proven track record of leading complex valuations, M&A due diligence, and commercial negotiation support
- Advanced expertise in PSA fiscal regimes and the netback price, knowledge of international petroleum fiscal terms
- Experience supervising, mentoring, and reviewing the analytical work of mid-level or junior petroleum economists to ensure consistency and quality control across team deliverables
- Demonstrated experience supervising and reviewing the work across different teams across the organization
- Proven capability in identifying and implementing improvements to internal economic evaluation / analysis processes and optimizing workflow efficiency.
- Strong capability in representing the company autonomously in formal external meetings.
- Professional courses and trainings in oil & gas economics, certifications such as FMVA, CFA, ACCA, or equivalent will be considered an advantage
- Proficiency in Azerbaijani and English (both written and spoken)
- Advanced skills in MS Package
- Curiosity and commitment to continuous learning, delivery of reliable high-quality work, and ensures data integrity
- Delivery of clear, well-structured presentations and communicating complex concepts professionally
- Leadership skills with a track record of cross-functional collaboration, mentoring team members, and embedding a culture of open communication and knowledge sharing across the organization
- Interested candidates can send their CV to the e-mail address in the Apply for job button.