Economics Advisor

2 months ago


Brisbane, Australia Shell Full time

**Where you fit in**

The Economics Advisor role is a key enabler in achieving Shell’s objectives, providing high quality economic advice and decision analysis in support of Shell’s business opportunities.

As part of the Australia Economics team reporting to the QGC Economics Lead, the role provides impactful economic analysis and advice for the East Performance Unit: covering investment decision making, operational decisions, commercial positioning and a variety of business deliverables while also providing senior support to the wider economics team as required.

The role is part of the Economics team and Commercial community in Brisbane and interfaces with key customers across the East Production Unit in various locations and businesses as required. The team enables quality business decisions, by serving as “guardians of value”, decision analysts, and trusted advisors.

**What’s the role?**

You will be responsible to follow the Decision Quality model to deliver 1) quality frames and economic evaluations, 2) robust and fit-for-purpose uncertainty and risk analysis (decision analysis support), 3) effective and timely challenge, guidance, and support in making quality investment decisions, 4) economic discipline sub-team participation. More specifically:
Operational:

- Deliver timely, professional economics products and insights for Decision Review Boards, and Value-Assurance Reviews,, decision documents and business deliverables (such as business plans, impairment testing and reserves economic tests) for projects of high complexity.
- Drive consistency in economic analyses via effective integration and compliance with given standards, guidelines, and processes (Models; Evaluations; Oil, Gas and CO2 project screening values; Investment hurdles; Cost guidance; Planning requirements; Reserves etc.) to enable reliable comparison of opportunities.
- Prioritise assigned workloads, potentially from multiple clients and timely delivery of fit-for-purpose deliverables.
- Formally sign-off on opportunity economic models and provide supporting input to broader aspects of valuation assurance.

Functional
- Stay integrated with economic activities, best practices and lessons distributed across the Australia Economics community and partner with various data providers and key stakeholders.
- Drive and/or support economics discipline improvement efforts (Decision Analysis; Standards and Guidelines; Tools; Assurance; Skills; Knowledge Management; etc.)
- Balance cost, speed, and quality of economic products to match specific decision (fit-for-purpose).
- Align with stakeholders to meet short-term project needs while building long term functional health.

In this role, you are expected to perform with a high degree of independence, seek out and reinforce best practices, work on complex or less structured opportunities, mentor junior staff and provide leadership wherever necessary to champion improved ways of working.

**What we need from you**

To succeed in this role, you will have the following:

- Degree in Engineering, Geosciences or Business with direct experience in gas and power value chains strongly preferred
- Strong analytical skills, and an ability to organise, analyse and communicate impact of decisions to team members, asset management, partners and other stakeholders.
- Thorough understanding of economics-based performance measures is mandatory with an awareness of accounting a plus.
- Advanced Excel spreadsheet skills aligned with global Best Modelling Practices and Standard Modelling Framework expectations in the Economics discipline
- Commercial acumen
- Self-starter with sound judgment and strong interpersonal skills (listening, inquiry, advocacy, facilitation and negotiation) and overall stakeholder engagement skills.
- Willingness and capacity to dive into analytical details, and surface with crisp summary of key insights.
- Results-driven team player comfortable multi-tasking in a diverse and fast-paced work environment across multiple projects; must deliver high quality results on tight timelines, while working effectively with stakeholders at all levels.

**More about Shell in Australia**

Shell Australia is a leading natural gas producer, and we are playing our part in the transition to a low-carbon future by also investing in the power sector, renewable energy sources and carbon abatement activities. A Shell career offers opportunities to work on innovative projects such as the Prelude floating LNG facility offshore of Western Australia and the QGC onshore gas business in Queensland. Beyond these are a wide range of Shell’s New Energies development opportunities. Join Shell and let’s power progress together with more and cleaner energy solutions.

**An innovative place to work**

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future - whether by investing in oil, gas


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