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Cost EconomistLondon, United Kingdom

Posted 15 September 2017

CRU’s Economics team is looking to recruit a cost expert, accountable for the team's cost deliverables as well as being the primary liaison for colleagues across the business who have responsibility for cost modelling. You will be responsible for the integrity of CRU's Cost Macro methodologies, forecasts and data as well as leading on the delivery of the Cost Macro platform and editing the quarterly Cost Macro report and related analysis.

You will work collaboratively with all internal stakeholders to implement the Economics strategy to drive customer intimacy, increase usage of Economics' services (both internally & externally) whilst ensuring that products and services reflect internal and external customer needs. You will also engage with Cost Modellers around the business, working in conjunction with CRU Analysis and IT teams on a regular basis to understand needs and priorities and to garner data/forecast inputs.

As well as editing the Cost Macro report, you will have responsibility for managing data collection from external sources and ensuring up-to-date documentation of sources as well as constantly maintaining and improving processes for the delivery and dissemination of the forecast. You will also engage with our China office to understand the outlook for Chinese cost drivers to update and deliver the China Cost Macro, ensuring consistency with the global Cost Macro.

In addition to providing internal general support and training for all Cost Macro work, you will be the internal expert in areas such as crude oil, diesel, HFO and bunker fuel; mining, metals and fertilizer labour cost inflation; carbon and power prices; and freight, capital/equipment costs, supplies and WACC.

For the right person, this Cost Economist role at CRU will provide the opportunity to become part of a dynamic, supportive and truly international team.

Essential Criteria
A degree (first or 2:1) from a top British university or equivalent level qualification from a leading university outside of the UK specialising in Economics, Mineral Economics, Energy Economics or Mining Engineering

Minimum of 5 years’ professional experience

Fluent written and spoken English

Strong quantitative background and a creative thinker based on a robust approach to data/modelling

An enthusiastic team player with good communication skills; an ability to collaborate with, motivate and provide leadership to a diverse and expert team across business units / geographies who provide inputs to the Economics team processes

Highly proficient in MS Excel with a strong proficiency in MS Word, PowerPoint and Outlook

Ability to balance the requirement to think creatively and develop the Cost Macro services with delivering existing services to a high quality and on schedule

A desire to develop external client management relationships and manage those relationships to develop the Economics Cost Macro services

Desirable Criteria
An MSc or equivalent level qualification in a related discipline would be an advantage.

Experience in mining, metals and/or energy would be preferred

Familiarity with mine/industrial cost modelling processes

Ability to utilise Excel’s advanced data management capabilities

Previous experience using the Oxford Economics Model

Additional Information
CRU operates on a global basis so the jobholder must expect to communicate across offices and time zones to effectively support and promote the Cost Model service. Some business travel outside of the UK may be required.


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