Economist

Job title: ECONOMIST
Location: London UK
Job reference #: 33577
Contract type: Permanent
Language requirements: Fluent in English

At Eni we are looking for an Economist to join Liverpool Bay CCS in London UK. You will support the economic and financial analysis of Liverpool Bay CCS developing and maintaining financial models conducting economic evaluations and providing strategic insights to guide investment and commercial decisions.

About Liverpool Bay CCS

Liverpool Bay CCS Limited - part of Eni CCUS Holding Limited the leading CCS company jointly controlled by energy-tech group Eni and BlackRocks GIP - is the owner and operator of the Liverpool Bay Carbon Dioxide (CO₂) Transportation and Storage (T&S) infrastructure. This project is the backbone of the HyNet North West Industrial Cluster aimed at reducing carbon emissions from a wide range of industrial sectors across the North West of England and North Wales. Liverpool Bay CCS Ltd works with hard-to-abate industries to transport captured CO₂from various plants to safe and permanent storage offshore beneath Liverpool Bay. The company is re-purposing some of its existing infrastructure including depleted reservoirs that have held natural gas for millions of years to support economic growth in the region and help the UK achieve its energy transition objectives. By joining Liverpool Bay CCS Ltd employees become part of a pioneering effort in carbon capture and storage contributing to a sustainable future while benefiting from a dynamic and innovative work environment.

Main responsibilities:

• Develop and maintain robust financial and economic models to assess project economics cash flow forecasting and valuations.
• Update regulatory and financial models in line with regulatory and lenders reporting requirements ensuring timely and accurate periodic reporting to the regulator as required under the CCS economic license.
• Conduct cost-benefit analysis and financial impact assessments to support decision making preparing all relevant data for presentation at monthly/quarterly meetings with the Management Team and external stakeholders.
• Analyse the impact of regulatory changes market conditions and economic policies.
• Contribute to the set-up of CCS economic models participating to negotiation with Government Authorities.
• Run economic and financial analyses on the basis of the data collected from technical departments and within the scenarios and the methodologies provided by parent company or under the regulatory license in order to support economic evaluation of new initiatives including investments and divestments.
• Provide Companys departments with specific support in carrying out economic evaluations ensuring compliance with companys methodologies and procedures regulatory license and lenders requirements.
• Support the preparation of the Business Plan annual budget and forecasts based on the input from the project/technical/commercial functions and/or contractors coordinating the scheduled activities within an integrated cross-functional business planning process.
• To monitor overall Company performances controlling the implementation of the business plans versus the approved programs and identify deviations from plans promoting possible solutions/improvements.
• Ensure compliance with the requirements of the Economic License.

Skills and experience required:

• University degree in Accounting Economics Business Management Finance or a related field.
• Extensive experience in economic and financial modelling and analysis preferably within regulated infrastructure or the energy sector.
• Solid understanding of regulatory and commercial frameworks.
• High proficiency in economic and financial modelling with excellent knowledge of Excel and PowerPoint.
• Excellent analytical and numerical skills.
• Deadline-oriented with the ability to work in a methodical and structured manner.
• Effective communication skills both written and verbal.
• Fluent in English.

How to apply:

• Applications are only accepted through our online application system.
• Please upload your CV in English.

About Eni

Eni is a global energy company operating in 61 Countries with over 30000 employees. Originally an oil & gas company it has evolved into an integrated energy company playing a key role in ensuring energy security and leading the energy transition. Enis goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its line with this goal Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources bio-refining carbon capture and storage are only some examples of Enis areas of activity and addition the company is exploring game-changing technologies such as fusion energy a technology based on the physical processes that power stars and that could generate safe virtually limitless energy with zero emissions.

Working at Eni

At Eni we believe in enterprising people capable of making a difference and making their contribution with passion and innovation to respond to the global challenges of the energy transition. For us the skills and attitudes of each individual continuous training and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being welfare and work life-balance.
Eni will evaluate applications considering plurality and diversity as sources of enrichment. If your application is assessed to be among those most in line with the required profile you will be contacted to continue the selection process.
Whatever your ambition at Eni you can find the tools to make it happen.

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