Entity: Finance Job Family Group: Finance Group Job Description: 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 elite insight and expertise. We’re always aspiring for more digital solutions, balanced outcomes and closer collaboration across our company and beyond, and you could be part of 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 (FP&A) team plays a critical role in driving end-to-end process control and compliance. The FP&A 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 FP&A team, you will be part of a group that brings additional value to bp through innovative financial strategies and solutions. Business Entity: This role will sit within the Finance FP&A organization and will be accountable for delivering business planning and performance management and business collaboration support for specific Business/Functions. Let Me Tell You About The Role A short, sharp and descriptive role summary – need to concisely tell the candidate what the role is, an outline of its objectives and how these objectives link in with bp’s overall strategy The FP&A O&G Decommissioning Analyst role involves delivering asset decommissioning accounting, planning, and performance management activity. This position requires partnering with onsite technical and finance teams across different geographies to gain a deep understanding of the business context. The key objective is to develop and deliver insightful financial products that enable effective business financial performance management and support decision-making. The role demands good engagement skills and the ability to manage conflicting priorities while meeting collaborator expectations. It also involves contributing to the cost performance management agenda, supporting core FP&A processes, and maintaining a proactive business partnering relationship between finance and business teams. The incumbent would be potentially required to work under alternative shift arrangements to ensure appropriate overlap hours. What You Will Deliver Articulate key outcomes and accountabilities that this person will deliver to be successful in this role. Ensure you describe the deliverables the results you want the job holder to deliver and not the process you expect them to apply to get to these outcomes Accounting/Control: Account for decommissioning provision; recognise liability or change of estimate. Manage annual decommissioning financial reporting (SOx) controls. Be the FP&A SME on decommissioning cost estimation for provisioning. Provide input to assessment of reversion risk and securitization. Identify impairment triggers associated with decommissioning. Support the internal governance process for decommissioning. Track internal performance targets and understand their impact on accounting provision Decommissioning compliance: includes supporting annual decommissioning security process and review of Section 29 notices (Regulator notifications of decom liability) Performance Management: Deliver timely, accurate, and insightful financial and management information to empower strategic business decisions. Conduct in depth analysis of monthly and quarterly actuals, including trend analysis and variance explanations, to provide actionable insights. Identify and highlight areas where performance exceeds or falls short of key targets, driving continuous improvement. Business Planning: Contribute to the development of the long-term strategic plan for the region and support the quarterly planning process, including capital and cash cost forecasts, and key financial outcomes. Collaborate with team members to refine activity sets, input assumptions, and generate accurate forecasts. Insights: Use SAP-based systems to submit plan data and leverage PowerBI for detailed analysis and reporting. Build engaging presentation materials, provide insightful commentary, and address follow-up questions from leadership and central finance teams. Continuous Improvement: Promote the use of new and/or standardized systems and continuously improve supply related MI systems and processes to increase automation and move towards growing the self-service model. What you will need to be successful: Must have educational qualifications: Business/Finance or Engineering Discipline Degree level or equivalent Preferred education/certifications: Master’s Degree or other qualification in a finance discipline e.g. MBA, CA, ICWA/Cost Accountants Minimum years of relevant experience: 5 years of relevant post degree experience in financial reporting, budgeting and forecasting Preferred experience: Experience within global, sophisticated and matrix organizations, preferably within an Oil & Gas business or experience in industries such as Retail, Asset-based business, Manufacturing, or Logistics. Must have experiences/skills: Strong accounting and reporting skills including asset and obligation measurement, provisioning and impairment Strong understanding of internal control over financial reporting including risks and controls Performance management and tracking of spend Strong analytical and insight capabilities, with a focus on continuous improvement in performance management and MI. Excellent teammate with strong communication skills, capable of translating complex requirements into simple outcomes Ability to gain trust from finance and business senior collaborator Deliver operational improvements, share standard methodologies, and drive performance Experience in working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI, Tableau You will work with: You will be working with a team of finance professionals as part of the Financial Planning and Analysis (FP&A) organization. The FP&A organization is an exciting new team being established by bp to create a centre of expertise in the areas of business planning, budgeting and forecasting, financial analysis and economic evaluation. The role will regularly interact and be the main contact point for Business/Functions senior leadership. In addition to the FP&A team, you will also be partnering with the local finance team and various technical and leadership teams in onsite locations. Why join our team? At bp, we provide the following environment & benefits to you: Life & health insurance, medical care package Flexible working schedule Opportunity to build up long term career path and develop your skills with wide range of learning options Family friendly workplace e.g.: parental leave, bereavement and compassionate leave Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program Possibility to join our social communities and networks If this role attracts you, apply now! A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued! Possibility to join our social communities and networks - Learning opportunities and other development opportunities to craft your career path. Life and health insurance, medical care package and many other benefits. We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment. 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} Legal Disclaimer: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us. If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks. Show more Show less
