FP&A Cost Performance Senior Analyst C&P

Role Overview: As a Cost Performance Senior Analyst at bp, you will be responsible for managing cost performance, including capital expenditure for specific businesses/functions. Your role will involve collaborating closely with engineers and other stakeholders to develop budgets and forecasts, ensure cost control, conduct cost analysis, and understand the business context for supported functions/business. You will also be required to work under alternative shift arrangements to align with European or British time zones. Key Responsibilities: - Build and maintain a proactive business partnering relationship with the relevant Business/Function Leadership team. - Ensure thorough understanding of underlying performance, proactively challenge and propose performance improvements, and investigate anomalies and trends. - Support the Performance Management agenda by ensuring robust and timely forecasts, delivering management information (MI) analysis and commentary for the leadership team. - Supervise and support cost reduction initiatives by tracking profitability, analyzing actuals, and supporting reporting and cost allocation processes. - 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. - Input plan/forecast data into relevant cost management systems and ensure data quality in submissions. - Model the impact of various business scenarios, present results and insights to leadership, and support ad-hoc and strategic business decisions. - Responsible for cost performance reporting activities of the respective business, providing timely, accurate, and reliable financial and management information. - Explain delivery of actuals vs. forecasts on a monthly/quarterly basis, update in-year outlook, and provide input for cost allocation/recharge process. - Ensure integrity and accuracy of MI to meet business requirements and drive continuous improvement in cost-related systems and processes. Qualifications Required: - Must have educational qualifications in Finance or Engineering Field Degree level or equivalent. - Preferred education/certifications include Masters Degree or other qualification in a finance field e.g., MBA, CA, ICWA/Cost Accountants. - Minimum 10 years of relevant post-degree experience in financial reporting, budgeting, and forecasting. - Preferred experience within global, sophisticated, and matrix organizations in financial reporting, budgeting, and forecasting, preferably in oil & gas or retail related businesses. - Knowledge and application of Plan to Perform processes, digital literacy, and analysis. - Experience working with financial systems such as SAP, Microsoft products, and visualization tools like Power BI. - Ability to gain trust from finance and business senior collaborators. Additional Company Details (if available): - You will be part of the Financial Planning and Analysis (FP&A) organization at bp, contributing to the modernization and digitization of finance activities. - The role offers opportunities for continuous improvement, innovation, and collaboration within a leading energy company. - Employees at bp enjoy a range of benefits including life & health insurance, flexible working schedule, long-term career development opportunities, and wellbeing programs. - The role is not eligible for remote working and may require up to 10% travel. If this role aligns with your expertise and interests, apply now to be a part of bp's dynamic team!,