Corporate Finance Associate

Company: Permian Resources
Location: Midland
Posted on: May 27, 2023

Job Description:

Permian Resources Corporation (NYSE: PR) is currently seeking a Corporate Finance Associate. Permian Resources is the largest pure-play E&P company in the Delaware Basin, with a focus on financial strength and differentiated strategic thinking. The team reports directly to Co-CEOs James Walter & Will Hickey, and as such the role has regular access and visibility to both the Co-CEOs and senior management. PR's Corporate Finance team is dedicated to ensuring financial strength and outperformance through detailed financial analysis and forecasting, capital structure optimization, and the clear formulation and communication of corporate strategy.As an integral part of the Corporate Finance team, the Corporate Finance Associate will play an important role in corporate modeling & strategic planning, developing internal and external presentations, peer benchmarking and other ad-hoc financial analysis. In this capacity, the Corporate Finance Associate will have the opportunity to collaborate with nearly every discipline in the PR business. The ideal candidate will have strong technical modeling and research skills with prior oil and gas experience and be able to contribute while working across multiple disciplines in a fast-paced environment.General ResponsibilitiesAssist in the development and ongoing review of detailed financial models to enable corporate planning and budgetingCompile frequent internal and external presentations, including investor presentations, quarterly and year-end earnings releases and presentations, Board of Directors materials and regular internal reviewsPrepare regular variance reports, comparing budget expectations to actual results and street estimatesRun financial models to analyze impacts of various operational and financial sensitivity casesContribute to the evaluation and execution of various capital markets exercisesDevelop and maintain internal NAV model to inform capital allocation decisionsSupport Permian's internal hedging committee through the monitoring and review of hedge positions, and assist in analysis of the commodity markets as necessaryEvaluate Permian's position within the broader market through regular peer benchmarking analysis and review of equity and debt valuation, trading performance and overall positioningAssist in the evaluation of acquisitions, divestitures, and other strategic initiatives by developing corporate merger models, analyzing optimal financing structures and conducting accretion / dilution analysisParticipate in other strategic projects and ad-hoc financial analysis, as neededQualificationsBS in Finance or a related discipline required2+ years of experience required. Experience can be in finance or banking (focused on the oil and gas sector) or at an oil and gas company, or a combination of the twoHigh degree of proficiency in Microsoft Excel and Microsoft PowerPointExperience in preparing and maintaining financial models, with a focus on E&P corporate and valuation modelsMust be self-motivated and capable of working across multi-disciplinary teamsMust have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organizationWorking knowledge of FactSet preferred

Keywords: Permian Resources, Midland , Corporate Finance Associate, Accounting, Auditing , Midland, Texas