Valuations & Business Modeling Manager / Senior Manager (Oil & Gas)

Ernst & Young (EY), a global leader in professional services, is seeking a highly experienced Manager or Senior Manager to join its Valuations & Business Modeling team with a dedicated focus on the Oil & Gas sector. This key position is based in their Manama, Bahrain office, offering a strategic opportunity to work in a dynamic financial hub on complex energy sector projects.

Job Description & Key Responsibilities

The successful candidate will assume a leadership role, delivering advanced advisory services to clients across the energy landscape, particularly in oil and gas. The focus will be on the intricate analytical and financial work underpinning mergers and acquisitions, fair value assessments, and strategic financial planning.

Core responsibilities are expected to include:

• Leading and executing valuations of businesses and assets across the oil & gas value chain (Upstream, Midstream, and Downstream).
• Developing complex financial and strategic business models to assess project feasibility, calculate Discounted Cash Flows (DCF), and perform sensitivity and risk analysis.
• Providing privatization advisory and asset valuation services for government entities and state-owned enterprises in the energy sector.
• Preparing comprehensive, high-quality valuation reports compliant with international and local standards, to support Mergers & Acquisitions (M&A), financial reporting (e.g., IFRS 13), or dispute resolution.
• Supervising and mentoring junior team members, ensuring high-quality deliverables are produced on schedule.
• Building and maintaining strong client relationships, understanding their core needs, and delivering tailored financial solutions.
• Contributing to business development efforts by identifying and pursuing new market opportunities through professional networks and sector expertise.

Qualifications & Requirements

EY is looking for a candidate with a robust and proven financial background, specifically tailored to the oil and gas industry.

Essential Requirements:

• A Bachelor’s degree in a relevant field such as Engineering (Chemical, Petroleum, Civil), Finance, or Accounting. A Master’s degree (e.g., MBA) or advanced financial credentials (CFA, CPA) is a significant advantage.
• Minimum of 7 to 10 years of professional experience in financial valuation, business modeling, or financial advisory, with a substantial portion spent serving or working within the Oil & Gas sector.
• Proven hands-on experience with advanced financial modeling software (expert-level Microsoft Excel is essential; knowledge of tools like @RISK or other specialized software is preferred).
• Comprehensive knowledge of International Valuation Standards (IVS) and relevant International Financial Reporting Standards (IFRS).
• Exceptional analytical and quantitative skills, with the ability to interpret complex data and present clear, actionable insights.
• Excellent written and verbal communication skills in both English and Arabic, with the ability to seamlessly present complex findings to clients and senior management.
• Demonstrated leadership skills in project and team management, with the ability to handle multiple deadlines in a high-pressure environment.

Benefits & Advantages

Joining EY in this role offers more than just a job; it provides a global platform for career acceleration. Benefits include a stimulating work environment, continuous training and development programs, exposure to high-profile regional and global projects, and a competitive financial package with benefits commensurate with the experience and leadership level of the position.

How to Apply

Interested and qualified candidates should apply through specialized online job portals like Naukrigulf, where the vacancy was posted. Applicants must prepare a professional resume (CV) in English that explicitly highlights their specific experience in Oil & Gas business valuation and modeling, quantifying achievements where possible. The CV should include contact details, educational background, and a detailed account of relevant work experience.

Given the competitive nature of this leadership role at a prestigious firm like EY, interested candidates are advised to apply at their earliest convenience after confirming they meet all essential requirements.