FP&A Cost Performance Senior Analyst

Finance Finance Group

• Establish and maintain a proactive business partnering relationship with the relevant Business/Function Leadership team. Ensure underlying performance is well understood. Proactively challenge and propose performance improvements. Monitor and investigate anomalies and trends.
• Support the Performance Management agenda for the entities in scope: Ensure robust and timely forecasts. Deliver MI analysis and commentary for the leadership team.
• Supervise and support cost reduction initiatives: Ensure effective tracking and accurate analysis of profitability. Analyze and interpret actuals. Support reporting and cost allocation processes.

• Support the annual planning process: Ensure plans are appropriately challenged and assured.
• Produce detailed cost forecasts covering pre and post allocation view: Draw insights and highlight areas where performance targets are not being met.
• Submit plan/forecast data into relevant cost management systems: Ensure data quality in the submissions.
• Support ad-hoc and strategic business decisions: Understand the implications balancing risk and reward.
• Participate in projects and provide financial insight.

• Responsible for the cost performance reporting activities of the respective business.
• Provide timely, accurate, and reliable financial and management information.
• Explain the underlying delivery of actuals vs. forecasts on a monthly/quarterly basis: Update in-year outlook.
• Provide input for the MI recharge process for the entities: Ensure costs are recharged fairly and accurately.
• Support the drive for continuous improvement in MI: Ensure integrity and accuracy to meet business requirements.

• Continuously improve cost related systems and processes to increase automation and move towards increasing the self-service model.

• Finance or Engineering Subject area Degree level or equivalent

• Master s Degree or other qualification in a finance field e.g. MBA, CA, ICWA/Cost Accountants

• 5 years of relevant post degree experience in financial reporting, budgeting and forecasting

• 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.
• Ability to gain trust from finance and business senior partners.

• You will be working with a team of finance professionals as part of the Financial Planning and Analysis (FPA) organization. The FPA 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 leadership team.
• In addition to the FPA team, you will also be partnering with the local finance team and various technical and leadership teams in onsite locations.

Up to 10% travel should be expected with this role This role is eligible for relocation within country This position is not available for remote working 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}