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Economist at Benmaris Limited

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Benmaris Limited started as a professional manpower providers, financial consultants and general works contractor in 2007. It is a wholly owned Nigerian Company. Over the years, it has undertaken many challenging projects and accumulated skills, know-how and experiences in Facilities Management, Procurement and Supply Services, Design and Build Solutions, Project Management Services, Building Construction and related engineering works.

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We are recruiting to fill the position below:

Job Title:ย Economist

Location:ย Lagos
Employment Type: Full-Time

About the Role
Activities:

  • Actively participate in delivering annual planning exercises: the E&P 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.
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Accountability:

  • Undertake and perform high quality, accurate and sound economic analysis in relation to all of Companyโ€™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 KPIโ€™s
  • To provide Management a comprehensive view of Companyโ€™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 โ€“ Microsoft Excel / Visual Basic
  • Highly numerate, analytical thinking, detailed oriented,
  • Synthesis capabilities and capacity to escalate messages to senior management
  • Experience in technical upstream โ€œmetierโ€: preferable but not mandatory.

Application Closing Date
16th May, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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