FP&A Cost Management Specialist - O&G

5 - 9 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a FP&A Senior Cost Engineer at bp, you will be a key partner to the Oil & Gas Management team, focusing on delivering cost & capex management services for the businesses. Your responsibilities will include: - Business Partnering: - Supporting Budget Responsible Officers (BROs) in preparing monthly Value of Work Done (VOWD) for project and cost centre scopes - Leading the creation, documentation, validation, and approval of Authority for Expenditure (AFE) as required by asset-specific joint operating agreements - Operational: - Monitoring Purchase Orders (POs) associated with project scopes - Providing support to BROs with invoice resolution through collaboration with SAP specialists - Technical Lead: - Providing Super-User support for the Cost Management Tool (CMT), maintaining master data and cost data mapping - Performance Management and Reporting: - Collaborating with BROs to develop plans, budgets, and forecasts - Applying technology to develop monthly cost performance analyses - Leading cost performance processes with regionally deployed BROs - Supporting and collaborating with various teams in analyzing metrics and key performance indicators - Continuous Improvement: - Continuously improving cost-related systems and processes to increase automation and move towards increasing the self-service model Qualifications required for this role include: - Must have an Engineering Field Degree level or equivalent - Preferred Education/certifications include Masters Degree in a finance field - Minimum 5 years of relevant post-degree experience in a cost engineer role - Experience within global, complex and matrix organizations in financial reporting, budgeting, and forecasting You will be working with a team of finance professionals as part of the Financial Planning and Analysis (FP&A) organization. The FP&A team is an exciting new team being established by bp to create a center of expertise in business planning, budgeting, and forecasting. At bp, you will be part of a company culture that values diversity, achievement, and giving back to the environment. You will have the possibility to join social communities and networks, access learning and development opportunities, life and health insurance, medical care package, and various other benefits. We are committed to providing reasonable accommodations for individuals with disabilities throughout the job application, interview process, and employment journey. Apply now to be a part of our team at bp! As a FP&A Senior Cost Engineer at bp, you will be a key partner to the Oil & Gas Management team, focusing on delivering cost & capex management services for the businesses. Your responsibilities will include: - Business Partnering: - Supporting Budget Responsible Officers (BROs) in preparing monthly Value of Work Done (VOWD) for project and cost centre scopes - Leading the creation, documentation, validation, and approval of Authority for Expenditure (AFE) as required by asset-specific joint operating agreements - Operational: - Monitoring Purchase Orders (POs) associated with project scopes - Providing support to BROs with invoice resolution through collaboration with SAP specialists - Technical Lead: - Providing Super-User support for the Cost Management Tool (CMT), maintaining master data and cost data mapping - Performance Management and Reporting: - Collaborating with BROs to develop plans, budgets, and forecasts - Applying technology to develop monthly cost performance analyses - Leading cost performance processes with regionally deployed BROs - Supporting and collaborating with various teams in analyzing metrics and key performance indicators - Continuous Improvement: - Continuously improving cost-related systems and processes to increase automation and move towards increasing the self-service model Qualifications required for this role include: - Must have an Engineering Field Degree level or equivalent - Preferred Education/certifications include Masters Degree in a finance field - Minimum 5 years of relevant post-degree experience in a cost engineer role - Experience within global, complex and matrix organizations in financial reporting, budgeting, and forecasting You will be working with a team of finance professionals as part of the Financial Planning and Analysis (FP&A) organization. The FP&A team is an exciting new team being established by bp to create a center of expertise in business planning, budgeting, and forecasting. At bp, you will be part of a company culture that values diversity, achievement, and giving back to the environment. You will have the possibility to join social communities and networks, access learning and development opportunities, life and health insurance, medical care package, and various other benefits. We are committed to providing reasonable accommodations for individuals with disabilities throughout the job application, interview process, and em

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