Senior Manager Economic Analyst, Jabatan Business Development & Execution

Title

Senior Manager Economic Analyst (Project Strategy & Economics), TNB Power Generation Sdn. Bhd.

Closing Date

21 August 2025

Education and Knowledge

• Bachelor’s or master’s degree in economics, Finance, Business Administration, or a related field.
• Able to create scenarios, analyze, guide & recommend best project approach.

Experience Requirements

• Advanced academic and professional qualifications preferred, including a Master’s degree (MBA or M.Sc. in Economics/Finance) and/or professional certifications such as CFA, CPA or CIMA.
• Well-versed in identifying and assessing financial and economic risks associated with major projects, and in developing effective mitigation strategies to enhance project bankability and investor confidence.
• Minimum of 8-12 years of progressive experience in economic analysis, financial modeling, or corporate finance, with a significant portion in a senior analytical role.
• Certification in Project Management Profesional /Six Sigma Certified would be an added advantage

Other Requirements

• Malaysian citizenship
• Required language(s): Bahasa Malaysia and English.
• Experienced in developing and simulating financial models (e.g., discounted cash flow, NPV, IRR, payback period) for large-scale power plant and infrastructure projects, including renewable energy and energy transition initiatives.
• Experienced in developing, maintaining, and refining econometric models and forecasting tools to predict key economic variables relevant to project viability and market conditions (e.g., energy demand, price trends, inflation, exchange rates).
• Experienced in conducting sensitivity and scenario analyses to assess project robustness under varying economic assumptions and market conditions.
• Experienced in evaluating financial and economic risks associated with projects and propose mitigation strategies.
• Strong problem-solving, result oriented and analytical skills.
• Strong attention to detail to ensure accuracy and completeness.
• Collaborative, building trust and fostering teamwork.
• Understanding of the power generation industry landscape, including market trends, regulatory environment, and different generation technologies.
• Have experience/knowledge in power plant operation/maintenance/strategy/engineering.
• Proficiency in project management software (e.g., MS Project, Primavera) and collaboration tools.
• Familiarity with data visualization tools (e.g., Power BI, Tableau) for reporting and analysis.
• Strong knowledge of economic modeling, forecasting techniques, and financial analysis.
• Proficiency in Excel, Power BI, Stata, R, Python, or other statistical tools.
• Experience with macroeconomic indicators, cost-benefit analysis, and economic impact assessment.

 

Accountability & Responsibility

• Responsible for conducting in-depth economic research, financial modeling, and market analysis to support strategic decision-making.
• Conduct Economic Feasibility Studies: Assess the viability of the power plant project by analyzing market conditions, energy demand forecasts, and economic viability.
• Cost-Benefit Analysis: Prepare detailed cost-benefit analyses, evaluating the potential financial return on investment (ROI) and the project's economic impact.
• Financial Modelling: Develop financial models to forecast project costs, revenue generation, and cash flow, including CAPEX, OPEX, and other key financial metrics.
• Market Trend Analysis: Analyze energy prices, government regulations, and policies to predict how changes in market conditions could affect the project.
• Investment Appraisal: Assess potential financing options, such as loans, grants, and equity investment, and their impact on project profitability.
• Identify Economic Risks: Identify and assess economic risks, including fluctuations in energy prices, regulatory changes, and inflation.
• Sensitivity Analysis: Conduct sensitivity analyses to evaluate how changes in key assumptions (e.g., fuel prices, interest rates) might impact the project's financial outcomes.
• Policy Assessment: Evaluate the impact of existing and proposed energy regulations, government incentives, and subsidies on project feasibility and profitability.
• Energy Tariff Analysis: Analyze tariff structures and their potential to ensure that the project will remain profitable and sustainable throughout its lifecycle.
• Develop Initial Budgets: Work closely with project managers to establish initial CAPEX and OPEX budgets, ensuring that cost estimates are aligned with financial projections.
• Financial Projections: Create detailed financial forecasts, accounting for capital expenditures, operating costs, potential revenues, and expected cash flow.
• Funding Strategy: Evaluate funding sources (debt, equity, grants) and propose the most viable financing strategies for the project.
• Cost Control Recommendations: Advise on cost-saving opportunities, such as negotiating with suppliers or optimizing the procurement process, to minimize unnecessary expenditures.
• Identify Funding Opportunities: Explore financial incentives, grants, or subsidies that may reduce capital and operating expenses, improving the project's financial outlook.
• Track Project Financials: Continuously monitor actual costs against the budget (CAPEX/OPEX) to ensure the project stays within financial constraints.
• Variance Analysis: Conduct variance analysis to identify discrepancies between planned and actual financial performance, recommending corrective actions where necessary.
• Cash Flow Management: Manage and optimize cash flow to ensure that the project has adequate funding for ongoing activities and that there are no cash shortfalls.
• Monitor Economic Indicators: Track market trends, energy prices, and economic conditions that may impact the project’s profitability during the construction phase.
• Revenue Forecasting: Continuously update revenue forecasts based on actual performance, market conditions, and changes in regulatory policies.
• Operational Efficiency Analysis: Provide ongoing analyses of operational efficiency, identifying potential areas for cost reduction or revenue optimization during the execution phase.
• Maintain elements of Genco Integrated Management System (ISO 14001, ISO 45001, ISO 55001, ISO 27001, ISO 9001) and other management system standards based on roles and functions as and when required to achieve Genco’s policies and objectives.

Applications

• All applications must be filled out through our online website - https://jobs.tnb.com.my or  https://jobs.tnb.com.my/job-invite/326230/
• Manual application (form) will not be entertained

Notes

• Only complete applications and meet the requirements will be shortlisted for the interview session.
• By submitting an application, you agree and consent to TNB Power Generation Sdn. Bhd. (GENCO) to process your personal data in accordance with the Personal Data Protection Act 2010 (PDPA).