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FP&A Business Performance Senior Analyst

FP&A Business Performance Senior Analyst

  • Location IN: Pune - BP Business Solutions
  • Travel required Up to 10% travel should be expected with this role
  • Job category Finance Group
  • Relocation available This role is eligible for relocation within country
  • Job type Professionals
  • Job code RQ089150
  • Experience level Intermediate
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Job summary

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!

We’re creating collaborative workplaces that drive innovation and agility.‎ If people are your passion, this is the right place for you.

Would you like to help bp build the skills capability we need to deliver on our strategy as we transform towards an integrated energy company? If yes, and this sounds like an exciting opportunity for you, please check more on this role below and how you could help us further advance.

Entitiy Information:

This role will sit within the Finance FP&A organization and will be accountable for delivering business planning and performance management and business associating support for specific Business/Functions.

Job Synopsis:

The Business Performance Senior Analyst role involves delivering business planning and performance management products for a large Oil and Gas business. This position requires associating 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 run conflicting priorities while meeting collaborator expectations. It also involves supplying to the cost performance management agenda, supporting core FP&A processes, and maintaining a proactive business associating relationship between finance and business teams.

The incumbent would be potentially required to work under alternative shift arrangements to ensure appropriate overlap hours with Eastern Standard time or Asia Pacific time zones.

Key Roles & Responsibilities:

Performance Management:

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 passionate about improving profitability.

Business Associate and Performance Insights:

Build and maintain a proactive business associate 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.

Actuals Analysis:

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.

Business Planning:

 Play a key role in developing the long-term plan and quarterly 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.

Joint Venture Management:

Support the local finance team in developing plans and Authorization for Expenditure (AFEs) for joint venture partners' approval.

Economic Evaluation:

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.

Strategy & Planning:

Support the annual planning process, ensuring plans are appropriately challenged and assured. Produce detailed cost forecasts, focus on areas where encouraged targets are not being met, and ensure data quality in submissions. Support ad-hoc and strategic business decisions, understanding the implications and balancing risk and reward.

Continuous Improvement:

 Identify and deliver continuous improvement opportunities in performance management products. Promote the use of standard systems and reports, and work towards standardizing and simplifying performance management processes.

Job Requirements and Qualifications:

Must have educational qualifications:

  • Business/Finance or Engineering Field Degree level or equivalent

Preferred education/certifications:

  • Master’s Degree or other qualification in a finance field 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 (To be hired with):

  • Knowledge and application of Plan to Perform processes, including technological competency and analysis.

  • 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 sophisticated requirements into simple outcomes

  • Ability to gain trust from finance and business senior partner

  • 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 associating with the local finance team and various technical and leadership teams in onsite locations.

Why join our team?

We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

At bp, we provide the following environment & benefits to you:

Family friendly workplace e.g.: parental leave, bereavement, compassionate leave

Employees’ wellbeing programs e.g.: Employee Assistance.

Program, Company Recognition Program.

Possibility to join our social communities and networks.

Life & health insurance, medical care package

Flexible working schedule: home / office based working arrangement.

Opportunity to build up long term career path and develop your skills with wide range of learning options.

If this role attracts you, apply now!


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.

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