FP&A Business Performance Senior Analyst Oil & Gas

What you will deliver Business Partnering and Performance Insights: 

• Build and maintain a proactive business partnering relationship with the relevant Business/Function Leadership team. Ensure underlying performance is well understood. Proactively challenge and propose performance improvements. Supervise and investigate anomalies and trends.
• Support the Performance Management agenda for the entities in scope: Ensure robust and timely forecasts. Deliver MI analysis and commentary for the leadership team.
• Supervise and support cost reduction initiatives: Ensure effective tracking and accurate analysis of profitability. Analyze and interpret actuals. Support reporting and cost allocation processes.

Business Planning:

Work with collaborators to produce detailed cost forecasts by activity for the business planning process. Develop insights and highlight areas where performance targets are not being met.

Submit plan/forecast data into relevant cost management systems: Ensure data quality in the submissions.

Support ad-hoc and strategic business decisions: model the impact of various business scenarios. Present results and insights to leadership.

Performance Reporting: Responsible for the cost performance reporting activities of the respective business.

Provide timely, accurate, and reliable financial and management information.

Explain the underlying delivery of actuals vs. forecasts on a monthly/quarterly basis: Update in-year outlook.

Provide input for the cost allocation/recharge process for the entities. Explain cost allocations to collaborators as needed.

Support the drive for continuous improvement in MI: Ensure integrity and accuracy to meet business requirements.

Continuous Improvement: Continuously improve cost related systems and processes to increase automation and move towards growing the self-service model.

• What you will need to be successful: Must have educational qualifications: Finance or Engineering Field Degree level or equivalent Preferred education/certifications: Master s Degree or other qualification in a finance field e.g. MBA, CA, ICWA/Cost Accountants Minimum years of relevant experience: 10 years of relevant post degree experience in financial reporting, budgeting and forecasting Preferred experience: Experience within global, sophisticated and matrix organizations in financial reporting, budgeting and forecasting, preferably in oil & gas or retail related based businesses.
• Must have experiences/skills (To be hired with): Knowledge and application of Plan to Perform processes, including digital literacy and analysis.
• improvement in performance management and MI to promote standardization and simplification.
• Expert in working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI.
• Ability to gain trust from finance and business senior collaborators.
• You will work with You will be working with a team of finance professionals as part of the Financial Planning and Analysis (FP&A) organization. The FP&A organization is an exciting new team being established by bp to build a centre of expertise in the areas of business planning, budgeting and forecasting, financial analysis and economic evaluation.
• The role will regularly interact and be the main contact point for Business/Functions leadership team.
• In addition to the FP&A team, you will also be partnering with the local finance team and various technical and leadership teams in onsite locations.