Senior Engineer/Analyst–Strategic Budget and Planning-Req 1426

SM-Energy Company • Houston, TX

1d

About The Position

We are seeking a highly skilled and motivated Senior Engineer to support the strategic budget and planning functions. This role is essential for connecting technical operations with financial strategy, contributing to the company’s investment decisions, capital planning, and long-term value creation. The ideal candidate will have a strong background in engineering economic evaluations and operations within the oil and gas industry. You will play a key role in capital program forecasting, strategic planning, and performance analysis of our assets. This position is an excellent opportunity to leverage engineering and operational knowledge to influence important financial and strategic decisions.

Requirements

• Bachelor’s degree in Petroleum, Mechanical, or Chemical Engineeringrequiredorprior strong experience in planning roleswith a focus onEnersightmodeling.
• Minimum of 6 years of progressive experience in engineering and planning roles within the oil and gas industry, preferably in the upstream sector.
• Experience supporting budgeting and strategic planning processes.
• Asset and operations background with experience in a multi-disciplinary team, including exposure to horizontal drilling, hydraulic fracturing, and production operations.
• Strong understanding of engineering economic evaluations and financial modeling.
• Proficiencyin advanced Microsoft Office, Aries, Spotfire, Alteryx, Power BI,ComboCurve, SQL Server, andWellview.
• Excellent research, quantitative, and analytical skills with the ability to analyze complex data and make sound judgments.
• Strong project management skills and ability to advance multiple projects simultaneously.
• Effective written, verbal, and formalpresentationcommunication.
• Collaborative, detail-oriented, and able to manage overlapping tasks in a fast-paced environment.

Nice To Haves

• Experience with planning software such asEnersightpreferred; experience with DSO Upstream orOmnirais a plus.
• SQL, Python, or other coding experience is a plus.
• Experience with financial systems like SAP, Oracle EPM Cloud, Finance Cube, and Denodo tables is a plus.
• Experience integrating orutilizingAI in workflow processes is a plus.

Responsibilities

• Strategic Planning & Budgeting:
• Maintain and update the company’sEnersightmodels as part of a team.
• Participate in the development of annual budgets, mid-year updates, and long-range planning processes.
• Conduct scenario analysis toidentifypotential risks and uncertainties affecting project schedules andassistin developing mitigation and contingency plans.
• Develop a strong understanding of economic and operational drivers for each asset to support optimization scenarios.
• Review andvalidatemodel inputs and outputs for accuracy.
• Financial Modeling & Analysis:
• Apply complex financial models to support investment decisions and capital allocation scenario comparisons.
• Collaborate with finance team members to perform scenario and sensitivity analysis, incorporating operational KPIs and corporate reserves data.
• Support Business Development teams by integrating M&A and divestiture models into the portfolio.
• Forecasting, Performance Monitoring & Reporting:
• Assistin the monthly reforecast process using the Master Operations schedule and operational updates.
• Analyze and report on KPIs, financial results, and variance analysis by month and quarter.
• Track key metrics, analyze forecasting accuracy, and help integrate findings into the monthly reforecast.
• Contribute to quarterly portfolio analysis, look-forwards, andlook-backsto guide future investment decisions andidentifylessons learned.
• Support quarterly guidance, reconciliation, earnings guidance, and preparation of documentation for Investor Relations.
• Data & Stakeholder Management:
• Work closely with Asset, Operations, Investor Relations, Marketing, and Finance/Accounting teams to ensure business impacts are accurately accounted for.
• Advance data analysis skills within the team and help deploynew technologies(including AI) to improve processes.
• Utilize and extract data from sources such as data warehouses, Denodo tables, and SQL Server.
• Prepare and update presentations and materials for teams and executive management.

Benefits

• SM Energy offers competitive compensation and benefits programs which include, but are not limited to, variable pay, health care coverage, retirement plan, protection coverage, time off and leave programs, training and development opportunities and a range of allowances connected to specific work situations.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees