FP&A Cost Management Specialist - O&G

Role Overview: You will be part of The Finance Business & Technology (FBT) organization at bp, which is focused on modernizing and digitizing finance activities. Specifically, you will join the Financial Planning and Analysis (FP&A) team, responsible for delivering financial insights and analysis to support business decisions, driving operational excellence, and implementing innovative financial strategies and solutions. Key Responsibilities: - Business Partnering: - Support Budget Responsible Officers (BROs) in preparing monthly Value of Work Done (VOWD) for project and cost centre scopes. - Lead the creation, validation, and approval of Authorization for Expenditure (AFE) documents as required by joint operating agreements. - Operational: - Monitor Purchase Orders (POs) associated with project scopes and provide support to BROs. - Assist BROs with invoice resolution through collaboration with SAP specialists. - Technical Lead: - Provide Super-User support for the Cost Management Tool (CMT), maintaining master data and cost data mapping. - Performance Management and Reporting: - Collaborate with BROs to develop plans, budgets, and forecasts. - Apply technology for monthly cost performance analyses and generate action plans to improve performance. - Lead cost performance processes and promote the use of standardized systems. - Continuous Improvement: - Continuously improve cost-related systems and processes to increase automation and move towards a self-service model. Qualifications Required: - Must have educational qualifications in an Engineering field at the Degree level or equivalent. - Preferred education/certifications include a Masters Degree or other qualification in a finance field (e.g., MBA, CA, ICWA/Cost Accountants). - Minimum of 5 years of relevant post-degree experience in a cost engineer role. - Preferred experience in financial reporting, budgeting, and forecasting within global, complex organizations, preferably in sectors like oil & gas, retail, logistics, or manufacturing. - Essential skills include advanced use of PowerBI, Excel, and data analytics, strong communication skills, and prior experience in finance processes. Company Details: At bp, you will work with a team of finance professionals within the FP&A organization. This team is focused on business planning, budgeting, forecasting, financial analysis, and economic evaluation. You will also interact with Business/Functions leadership teams and various technical and leadership teams in onsite locations. Additional Information: - bp offers a supportive and inclusive environment, learning opportunities, life and health insurance, and various other benefits. - Reasonable accommodations will be provided to individuals with disabilities throughout the job application and employment process. - Up to 10% travel may be expected in this role, which is eligible for relocation within the country. - This position is not available for remote working. Legal Disclaimer: Employment may be contingent upon adherence to local policy, including drug screening, medical fitness review, and background checks.,