Job
Description
Grade G - Office/ CoreResponsible for developing and managing processes to support internal planning and performance management and external performance reporting, using advanced technical capabilities to support projects in own area, perform short and long-term performance analysis and insights, working collaboratively to drive continuous improvement and drive the production of management information. Entity: Finance Finance Group About bp Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need talent to pursue opportunities, motivated by best-in-class insight and expertise. We re always aspiring for more digital solutions, balanced outcomes and closer collaboration across our company and beyond, that too. Together we continue to grow as the world s leading energy company! The role will be the part of The Finance Business Technology (FBT) organization at bp is modernizing and digitizing finance activities. Within FBT, the Financial Planning and Analysis (FPA) team plays a critical role in driving end-to-end process control and compliance. The FPA team is instrumental in delivering best in-class financial insights and analysis to support business decisions, while also chipping in to the standardization of our processes and driving operational perfection. By joining the FPA team, you will a group that brings additional value to bp through innovative financial strategies and solutions. This role will sit within the Finance FPA organization, in the team and will be operating management activities for specific Business/Functions. Customer products Gas low carbon energy Production operations Innovation engineering Regions, cities solutions Strategy sustainability Trading Shipping Communications advocacy Finance Legal People culture The Cost Performance Advisor has responsibility for delivering end-to-end cost management services, including capital expenditure of the business/function. The role will involve working with collaborators in the business and developing performance insights to handling demand, improve decision making, interventions, handling conflicting priorities and lead initiatives whilst handling expectations of collaborators effectively. As a senior member of the team, you will coach and mentor analysts in the development of cost analytics that support the business. Key Roles Responsibilities Strategic Planning performance reporting: Lead annual cost and capex planning and rolling forecast processes for the business/function. Partner with onsite embedded finance and business/function leads to deliver in year multi year cost plans and shape long-term business strategy. Be responsible for allocation and recovery processes, ensuring timely, fair, and accurate cost recharges. Understand the drivers of value for the business segment and associated risks. Collaborate with collaborators to deliver on performance contracts . Business and performance management: Lead preparation of cost analytics to deliver actionable performance insights to business/functional leadership. Apply technology to develop monthly cost performance analyses and MI. Coach cost analysts in the analysis of metrics to assure high-quality, streamlined delivery of performance data. Partner with the business and other finance teams to drive common understanding of the insights from the analytics. Highlight areas where performance is behind or ahead of plan or key performance targets and suggest potential interventions. Presentation and Communication: Prepare and explain material for business leadership team discussions to include key messages, analysis, and insights and in alignment with standardized templates, where applicable. Provide performance insights to business collaborators focused on improving the cost performance of the business. Systems expertise: function as the super-user for cost management systems and processes, troubleshooting issues and providing guidance to users. Continuous Improvement: Promote the use of new and/or standardized systems and continuously improve cost related systems and processes to increase automation and move towards increasing the self-service model. Cross-team integration: as a senior leader within FPA, work with peers in remote locations across geographies in bp to earn trust, share context and establish ways of working. Work to develop a positive working culture that motivates staff to succeed and develop careers at bp. Must have educational qualifications : Business/Finance or Engineering Field Degree level or equivalent Preferred education/certifications : Master s Degree in a finance field e.g., MBA, CA, ICWA/Cost Accountants Minimum years of relevant experience: 15 years of relevant post degree experience in a wide range of complex situations including experience in financial reporting, budgeting, and forecasting, preferably in oil gas or retail or logistics or manufacturing or asset-based businesses. Must have experiences/skills (To be hired with): Experience of developing long term financial plans for a business. Extensive experience of developing and communicating financial management information to business collaborators . Strong Analysis and Insight capability. Capacity to collaborate and take key judgements/evaluations . Self-starter; able to handle a varied workload in volume and time pressure. Experience with cost management, value of work done (VOWD) processes and providing cost performance information . Experience in working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI Ability to develop relationships and influence at multiple organizational levels, with different collaborators. Clear and concise communicator - able to build awareness and support of the wider Finance and Business community. At bp, we provide the following environment benefits to you Life health insurance, medical care package. Flexible working schedule: home / office based working arrangement. Opportunity to build up long term career path and develop your skills with wide range of learning options. friendly workplace e.g.: parental leave, bereavement, compassionate leave. Employees wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program. Possibility to join our social communities and networks Why join the team We support our people to learn and grow in a diverse and exciting environment. We believe that the team is strengthened by diversity. We are committed to crafting an environment in which everyone is respected and treated fairly. If this role attracts you, apply now! Travel Requirement Up to 10% travel should be expected with this role Relocation Assistance: This role is eligible for relocation within country Remote Type: This position is not available for remote working Skills: Analysis and modelling, Analysis and modelling, Analytics, Benchmarking, Business Performance, Business process improvement, Commercial Acumen, Commercial performance management, Communication, Cost Management, Data visualization and interpretation, Decision Making, Economic evaluation methodology, Economic modelling, Financial Analysis, Group Problem Solving, Integrated Planning, Investment appraisal, Long Term Planning, Management Reporting, Managing change, Measurement and metrics, Organizational knowledge, Performance and planning, Performance management {+ 4 more}
