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Title

Corporate Finance Associate 

About the Organization At Permian Resources, we believe our strategic advantage is our talented team of unique individuals who create value, deliver high-quality work and thrive in a fast-paced and rewarding culture. Headquartered in Midland, Texas with an additional office in Denver, Colorado, we offer a highly collaborative work environment and seek employees who constructively challenge conventional thought, ask why and push the boundaries so that we are leading innovators in our industry. We take strong ownership of work and act with integrity in the best interests of our team members, partners, and stakeholders. Our highly motivated and extremely bright team gives us a sustainable competitive advantage, and it is Permian Resources' desire to provide a work environment which attracts, retains and develops the best people in our industry. If interested in a role with Permian Resources, we invite you to view our current openings and submit your resume.  
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 Responsibilities

  • Assist in the development and ongoing review of detailed financial models to enable corporate planning and budgeting
  • Compile frequent internal and external presentations, including investor presentations, quarterly and year-end earnings releases and presentations, Board of Directors materials and regular internal reviews
  • Prepare regular variance reports, comparing budget expectations to actual results and street estimates
  • Run financial models to analyze impacts of various operational and financial sensitivity cases
  • Contribute to the evaluation and execution of various capital markets exercises
  • Develop and maintain internal NAV model to inform capital allocation decisions
  • Support Permian's internal hedging committee through the monitoring and review of hedge positions, and assist in analysis of the commodity markets as necessary
  • Evaluate Permian's position within the broader market through regular peer benchmarking analysis and review of equity and debt valuation, trading performance and overall positioning
  • Assist in the evaluation of acquisitions, divestitures, and other strategic initiatives by developing corporate merger models, analyzing optimal financing structures and conducting accretion / dilution analysis
  • Participate in other strategic projects and ad-hoc financial analysis, as needed
 
Position Requirements

Qualifications

  • BS in Finance or a related discipline required
  • 2+ 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 two
  • High degree of proficiency in Microsoft Excel and Microsoft PowerPoint
  • Experience in preparing and maintaining financial models, with a focus on E&P corporate and valuation models
  • Must be self-motivated and capable of working across multi-disciplinary teams
  • Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization
  • Working knowledge of FactSet preferred
 
Location Midland  
EOE Statement Permian Resources provides equal employment opportunities to all employees and applicants in all Company facilities without regard to race, color, religious creed, sex, national origin, ancestry, citizenship status, pregnancy, childbirth, physical disability, mental and/or intellectual disability, age, military status or status as a Vietnam-era or special disabled veteran, marital status, registered domestic partner or civil union status, gender (including sex stereotyping and gender identity or expression), medical condition, genetic information, or sexual orientation in accordance with applicable federal, state and local laws.This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.  
supervisorUID None Specified 

Email None Specified 

This position is currently accepting applications.

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