Senior Decommissioning Advisor
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Tēnei tūranga – About the role
The Crown Minerals Act 1991 (as amended) (the “Act”) imposes obligations to mitigate the risk to the Crown and other third parties of having to carry out and fund decommissioning of petroleum infrastructure.
This is a role for a Senior Decommissioning Advisor to:
- deliver the strategic and operational approach to the decommissioning regime under the Act,
- assess and monitor the financial capability of petroleum industry participants,
- develop and manage the financial securities portfolio on behalf of the Crown,
- manage all asset and decommissioning information (including plans and cost estimates) provided by petroleum industry participants; and
- lead engagement with the petroleum industry and other regulators on the decommissioning regime. The Senior Decommissioning Advisor is responsible for a high risk and specialist area of work.
They are required to work seamlessly with staff across the wider Crown minerals regulatory system and with third-party experts, and use their knowledge, experience as well as engagement and influencing skills to effect successful outcomes.
Ngā herenga – Requirements of the role
Personal specifications
- Strong financial skills, including the ability to extract and assess information from financial statements for complex organisations and group structures, using cash flow forecasts to review project economics, and develop and review financial models to support investment decisions.
- Adept in dealing with financial securities (including escrow arrangements, guarantees, performance bonds and letters of credit) as well as drafting and negotiating securities and contractual documentation.
- Extensive experience working in accounting, finance, banking, commercial, petroleum or other extractive industries, or equivalent relevant work experience.
- Ability to summarise and present financial and securities information to a non-technical audience.
- Strong writing skills, including the ability to succinctly recommend a course of action within a prescribed decision-making framework.
- Excellent analytical thinking, critical thinking and risk identification and assessment skills.
- Ability to deliver a high standard of service under tight and competing priorities.
- Strong ability to understand and apply knowledge from other disciplines, particularly technical information.
- Self-motivated and proactive, with the confidence, courage, sound judgement, and intelligence to drive a new approach to manage risk to the Crown.
- Well-developed influencing and negotiation skills.
- Tertiary qualification in Finance/Accounting/Law or other relevant qualification.
- Ability to deliver through others, including MBIE staff and third-party providers.
- Ability to innovate and provide thought leadership in specialist areas.
- Ability to work well with petroleum industry participants, other regulators (both within New Zealand and in other jurisdictions), and other stakeholders.
- Credit check required.
- You must have the legal right to live and work in New Zealand.
Knowledge and experience of the petroleum or other extractive industry is preferred.
Takohanga tuhinga o mua – Key accountabilities and deliverables
Responsibilities of this role are expected to change over time as the Ministry responds to changing needs. The incumbent will need the flexibility to adapt and develop as the environment evolves.
Deliver the planning and operations of the decommissioning regime
- Leading the planning, and working collaboratively with other staff and teams, to deliver and enhance the decommissioning regime.
- Undertaking the procurement and management of legal and other third-party providers that may be required to support the decommissioning regime.
- Monitoring and continuing to refine the tools, templates, processes, guidance and education, and contracts that support the decommissioning regime, so that they remain effective, efficient and consistent with legislation.
- Working seamlessly with others in the wider Crown minerals regulatory system to jointly deliver all functions under the legislation, protecting the interests of the Crown.
Perform financial capability assessments and regular financial monitoring
- Carrying out financial capability assessments of petroleum participants and financial monitoring of the petroleum industry in connection with decommissioning obligations and activities and as otherwise required.
- Providing financial advice to support complex statutory decisions under the legislation.
- Working collaboratively with other staff and teams to identify, monitor, assess and mitigate financial risks relating to the petroleum industry.
Develop and manage the financial securities portfolio
- Carrying out assessments of financial securities positions on a transactional and ongoing basis. › Undertaking the assessment, negotiation, documentation and execution of financial securities.
- Providing specialist advice relating to financial securities to support complex statutory decisions under the legislation and serve as a subject-matter expert in this area.
- Working collaboratively with other staff and teams to develop, monitor and manage the financial securities portfolio on behalf of the Crown.
Manage the asset and information requirements of the decommissioning regime
- Taking responsibility for the asset and information requirements of the decommissioning regime.
- Leading the planning and work collaboratively with other staff and teams and third-party experts, to obtain, review and manage the asset registers and decommissioning plans and cost estimates required by the Act.
- Arranging for technical specialist advice to support complex statutory decisions under the legislation. Lead stakeholder engagement
- Leading engagement with industry stakeholders to educate, influence and ensure their compliance and cooperation with the decommissioning regime.
- Leading engagement with other regulators (both within New Zealand and in other jurisdictions) to support the decommissioning regime.
Wellbeing, health & safety
- Displays commitment through actively supporting all safety and wellbeing initiatives.
- Ensures own and others safety at all times.
- Complies with relevant safety and wellbeing policies, procedures, safe systems of work and event reporting.
- Reports all incidents/accidents, including near misses in a timely fashion.
- Is involved in health and safety through participation and consultation.
Tō tūranga i roto i te Manatū – Your place in the Ministry
The Senior Decommissioning Advisor will report to the Manager, Petroleum and Offshore Renewable Energy in the Resource Markets branch within the Building, Resources and Markets group.
To mātou aronga – What we do for Aotearoa New Zealand
Hīkina Whakatutuki is the te reo Māori name for the Ministry of Business, Innovation and Employment. Hīkina means to uplift. Whakatutuki means to move forward, to make successful. Our name speaks to our purpose, Grow Aotearoa New Zealand for All.
To Grow Aotearoa New Zealand for All, we put people at the heart of our mahi. Based on the principles of Te Tiriti o Waitangi / The Treaty of Waitangi, we are committed to upholding authentic partnerships with Māori.
As agile public service leaders, we use our breadth and experience to navigate the ever-changing world. We are service providers, policy makers, investors and regulators. We engage with diverse communities, businesses and regions. Our work touches on the daily lives of New Zealanders. We grow opportunities (Puāwai), guard and protect (Kaihāpai) and innovate and navigate towards a better future (Auaha).
Ngā matatau – Our competencies
Cultivates innovation We create new and better ways for the organisation to be successful by challenging the status quo generating new and creative ideas and translating them into workable solutions.
Nimble learning We are curious and actively learn through experimentation when tackling new problems by learning as we go when facing new situations and challenges.
Customer focus We build strong customer relationships and deliver customer-centric solutions by listening and gaining insights into the needs of the communities we serve and actively seeking and responding to feedback.
Decision quality We make quality and timely decisions that shape the future for our communities and keep the organisation moving forward by relying on an appropriate mix of analysis, wisdom, experience, and judgement to make valid and reliable decisions.
Action oriented We step up, taking on new opportunities and tough challenges with purpose, urgency and discipline by taking responsibility, ownership and action on challenges, and being accountable for the results.
Collaborates We connect, working together to build partnerships with our communities, working collaboratively to meet shared objectives by gaining trust and support of others; actively seeking the views, experiences, and opinions of others and by working co-operatively with others across MBIE, the public sector and external stakeholder groups.
Te Tiriti o Waitangi
As an agency of the public service, MBIE has a responsibility to contribute to the Crown meeting its obligations under Te Tiriti o Waitangi (Te Tiriti). Meeting our commitment to Te Tiriti will contribute towards us realising the overall aims of Te Ara Amiorangi – Our Path, Our Direction, and achieve the outcome of Growing New Zealand for All. The principles of Te Tiriti - including partnership, good faith, and active protection – are at the core of our work. MBIE is committed to delivering on our obligations as a Treaty partner with authenticity and integrity and to enable Māori interests. We are committed to ensuring that MBIE is well placed to meet our obligations under the Public Service Act 2020 (Te Ao Tūmatanui) to support the Crown in strengthening the Māori/Crown Relationship under the Treaty and to build MBIE’s capability, capacity and cultural intelligence to deliver this.
Mahi i roto i te Ratonga Tūmatanui – Working in the public service
Ka mahitahi mātou o te ratonga tūmatanui kia hei painga mō ngā tāngata o Aotearoa i āianei, ā, hei ngā rā ki tua hoki. He kawenga tino whaitake tā mātou hei tautoko i te Karauna i runga i āna hononga ki a ngāi Māori i raro i te Tiriti o Waitangi. Ka tautoko mātou i te kāwanatanga manapori. Ka whakakotahingia mātou e te wairua whakarato ki ō mātou hapori, ā, e arahina ana mātou e ngā mātāpono me ngā tikanga matua o te ratonga tūmatanui i roto i ā mātou mahi.
In the public service we work collectively to make a meaningful difference for New Zealanders now and in the future. We have an important role in supporting the Crown in its relationships with Māori under the Treaty of Waitangi. We support democratic government. We are unified by a spirit of service to our communities and guided by the core principles and values of the public service in our work.
What does it mean to work in Aotearoa New Zealand’s Public Service?(external link) — Te Kawa Mataaho The Public Service Commission
