FP&A C&P Business Performance Senior Analyst, C&P Refining

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

It is an exciting time to join bp. We’ve set out a new purpose to reimagine energy for people and our planet. At the heart of this is accelerating our progress on diversity, equity and inclusion - we aim to be a company where everyone can be their best and true selves and reach their full potential.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

 

Join our Team and advance your career as a

 

FP&A C&P Business Performance Senior Analyst

 

You will be the part of The Finance Business & Technology (FBT) organization as 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 contributing to the standardization of our processes and driving operational excellence. 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.

The Business Performance Senior Analyst role involves delivering business planning and performance management products for a large Oil and Gas business. 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 stakeholder 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.

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.

 

 

In this role You will:

• Prepare timely, accurate, and reliable financial and management information to support business decisions. Develop and explain material for business performance leadership team discussions, including key messages, analysis, and insights. Provide performance insights to business partners focused on improving profitability.
• Build and maintain a proactive business partnering relationship with relevant Business/Function Leadership teams. Support the Performance Management agenda, ensuring robust and timely forecasts and delivery of MI analysis and commentary. Monitor and support cost reduction initiatives and ensure effective tracking and accurate analysis of profitability.
• Analyze monthly/quarterly actuals, including trend analysis and explaining actuals vs. forecasts. Highlight areas where performance is behind or ahead of plan and suggest potential interventions.
• Play a key role in developing the long-term plan and business improve plan update process. Coordinate the plan for a part of the business, analyze plan data in SAP-based systems, and output in PowerBI/Tableau reports. Prepare presentation material, including commentary, and answer follow-up questions from leadership or central finance teams.
• Support the local finance team in developing plans and Authorization for Expenditure (AFEs) for joint venture partners' approval.
• Perform economic analysis to evaluate the financial viability of various projects or scenarios. Develop insights into economic drivers and sources of value for the business.
• Support the annual planning process, ensuring plans are appropriately challenged and assured. Produce detailed cost forecasts,