Financial Planning & Analysis/Cost Performance Role Oil and Gas Company

8.0 - 12.0 years

0 Lacs

pune, maharashtra

On-site

As a Business Partnering and Performance Insights professional, you will be responsible for establishing and maintaining proactive business partnering relationships with the relevant Business/Function Leadership team. It will be your duty to ensure that the underlying performance is well understood, challenge and propose performance improvements, monitor and investigate anomalies and trends. You will support the Performance Management agenda for the entities in scope by ensuring robust and timely forecasts, delivering MI analysis and commentary for the leadership team, and monitoring and supporting cost reduction initiatives by ensuring effective tracking and accurate profitability analysis. Additionally, you will analyze and interpret actuals, support reporting, and cost allocation processes. In terms of Strategy & Planning, you will be supporting the annual planning process by ensuring that plans are appropriately challenged and assured. You will produce detailed cost forecasts covering pre and post-allocation view, draw insights, highlight areas where performance targets are not being met, submit plan/forecast data into relevant cost management systems to ensure data quality in the submissions. Your role will also involve supporting ad-hoc and strategic business decisions, understanding the implications balancing risk and reward, participating in projects, and providing financial insight. Regarding Performance Reporting, you will be responsible for the cost performance reporting activities of the respective business. It will be your responsibility to provide timely, accurate, and reliable financial and management information, explain the underlying delivery of actuals vs. forecasts on a monthly/quarterly basis, update the in-year outlook, provide input for the MI recharge process for the entities to ensure costs are recharged fairly and accurately. Furthermore, you will be supporting the drive for continuous improvement in MI to ensure integrity and accuracy to meet business requirements. Your role will also involve continuous improvement by enhancing cost-related systems and processes to increase automation and move towards increasing the self-service model. To be successful in this role, you must have a Finance or Engineering Discipline Degree level or equivalent. A Master's Degree or other qualification in a finance discipline e.g. MBA, CA, ICWA/Cost Accountants is preferred. You should have a minimum of 8 years of relevant post-degree experience in financial reporting, budgeting, and forecasting. Experience within global, complex, and matrix organizations in financial reporting, budgeting, and forecasting, preferably in oil & gas, retail, logistics, or manufacturing or asset-based businesses is preferred. Key experiences and skills required for this role include knowledge and application of Plan to Perform processes, including digital literacy and analysis, continuous improvement in performance management and MI to promote standardization and simplification, experience in working with financial systems such as SAP, Microsoft products, and visualization tools such as Power BI, and the ability to gain trust from finance and business senior stakeholders.,

Posted 1 week ago

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