What you will deliver:
- 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. Supervise allocation and recovery processes, ensuring timely, fair, and accurate cost recharges. Understand the drivers of value for the business segment and associated risks.
- Business partnering 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. Mentor 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 passionate about improving the cost performance of the business.
- Systems expertise: function as the super-user for cost management systems and processes, troubleshooting issues and providing mentorship 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 growing the self-service model.
- Cross-team integration: as a senior leader within FP&A, 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.
- What you will need to be successful:Must have educational qualifications: Business/Finance or Engineering Field Degree level or equivalentPreferred education/certifications: Master s Degree in a finance field e.g., MBA, CA, ICWA/Cost AccountantsMinimum years of relevant experience: 5-10 years of post-degree experience in a wide range of sophisticated situations including proven 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:
- 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 lead a varied workload in volume and time pressure.
- Experience with cost management, value of work done (VOWD) processes and providing cost and performance information working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI
- Efficiently develop relationships and influence at multiple interpersonal levels, with different collaborators. Clear and concise communicator - able to build awareness and support of the wider Finance and Business community.
- Capacity to collaborate and take key judgements. Evaluate when appropriate and where to raise issues and customer concerns. Mentoring team members to work towards a common goal!
You will work with:
- You will be collaborating 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 build a centre of expertise in the areas of business planning, budgeting, and forecasting, financial analysis, and economic evaluation.
- This role will regularly interact and be the main contact point for Business/Functions leadership team.
- In addition to the FP&A, you will also be partnering with the local finance team and various technical and leadership teams in onsite locations.
