Regulated Asset Economist

Our Oil & Gas client is currently recruiting for the position of Regulated Asset Economist, based in Aberdeen for an initial 12 month PAYE contract. We are seeking candidates who have a background in oil & gas economics and ideally RAB (ie you would build, own, and maintain the complex Regulated Asset Base (RAB) economic model which is the framework that ensures that capital-intensive infrastructure yields a steady, predictable return on investment through regulatory allowances 4/1 hybrid PAYE Rate is negotiable Responsibilities: Develop and maintain economic models, including the MNZ T&S Regulated Asset Base economic model. Ensure models are aligned with policy and regulatory parameters and leverage deep insights to ensure company maximises the value from its proposed developments. Provide deterministic and probabilistic economic analysis to inform key project decisions. Provide decision quality subject matter expertise to help ensure key decisions are high quality and timely Provide discounted and undiscounted unit cost analysis to benchmark company’s opportunities and aid the optimisation of opportunities. Responsible for ensuring models are accurate, and auditable, to build trust in investment analysis and propositions. Remain abreast of the evolving energy transition landscape, including technology, policy, regulatory framework, and investor sentiment to be position company’s projects for success. Interpret changes and reflect in relevant models. Maintain a positive relationship with relevant regulators and commercial interfaces such as Ofgem and LCCC. Responsible for readying the organisation for future phases of economic regulation including negotiations, price controls, and audits. Communicate complex economic analysis clearly to senior leaders, regulators and cross‑functional stakeholders. Any other associated duties as reasonably required. Experience & Qualifications: Advanced Excel‑based financial and economic modelling and data analytics Unit cost and Levelized Cost of Abatement (LCOA) analysis Whole‑life cost and net present value (NPV) analysis Deep understanding of regulated asset frameworks including incentives, penalties, allowed return, WACC, financing and risk parameter modelling Degree in economics, finance, engineering, energy, or related discipline. Postgraduate qualifications and/or professional accreditation (e.g., CFA, chartered accountant) are advantageous. Contract position If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference: TR/083068. People are our business worldwide Orion Group was founded in 1987 and is now one of the largest, independent, international recruitment companies. We have a network of 200 employees working from 24 offices, delivering a range of services – Talent Acquisition, Recruitment Outsourcing Services, Retained Search, Global Workforce Solutions, Completions & Commissioning and Materials Management – across 68 countries. As a global leader in workforce solutions, we recruit personnel across the Engineering & Technical, Office & Commercial, Scientific and Skilled Trades disciplines, for sectors including Oil & Gas, Life Science, Power & Utilities, Constructions & Infrastructure, Manufacturing and Renewables.