FP&A Cost Advisor

FP&A Cost Performance Advisor

Location: Pune, BP Business Solutions

Job Code: RQ089270

Job Type: Full-time Professionals

Seniority Level: Senior

Relocation: Available within country

Travel: Up to 10%

Job Opened:

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!

• 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. Be responsible for allocation and recovery processes, ensuring timely, fair, and accurate cost recharges. Understand the drivers of value for the business segment and associated risks. Collaborate with collaborators to deliver on performance contracts.
• 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. Coach 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 focused on improving the cost performance of the business.
• Systems expertise: function as the 'super-user' for cost management systems and processes, troubleshooting issues and providing guidance 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 increasing 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.

• Business/Finance or Engineering Field Degree level or equivalent

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

• 15 years of relevant post degree experience in a wide range of complex situations including at least 5 years of experience in financial reporting, budgeting, and forecasting, preferably in oil & gas or retail or logistics or manufacturing or asset-based businesses.

• 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 handle a varied workload in volume and time pressure.
• Experience with cost management, value of work done (VOWD) processes and providing cost performance information.
• Experience in working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI.
• Ability to develop relationships and influence at multiple organizational levels, with different collaborators. Clear and concise communicator – able to build awareness and support of the wider Finance and Business community.
• Capacity to collaborate…