FP&A Cost Performance Senior Manager

Job summary

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

It’s 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 Cost Performance Senior Manager

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 Cost Performance Senior Manager is a highly skilled and experienced leader responsible for supervising a team that handles cost and capex performance reporting and articulates business strategy and actual performance to senior leadership. The job holder leads a team of finance professionals, delivering end-to-end cost management services, including capital expenditure of a large Oil & Gas producing business. This role involves end-to-end cost and capex planning, performance management, and control activities, driving performance insights to manage demand, improve decision making, managing conflicting priorities whilst managing expectations of partners effectively. The manager supports the senior management in driving business performance in economic and strategic terms and leads interventions to ensure strategic objectives are met. This role acts as the interface between Embedded Finance and FP&A, serving as the single point of accountability (SPA) for business context and cross-finance integration.

In this role You will:

• Collaborate closely with business and embedded finance teams to lead core planning activities, including developing budgets, financial forecasts, and resource allocation strategies. Provide input and challenge to business plans and strategies, addressing risks and mitigations. Cultivate strategic partnerships and collaborations that contribute to organizational performance goals. Supervise yearly and multi-year planning processes, including the development of financial plans, engagement materials, and top-down/bottom-up planning processes. Drive business-specific non-routine processes. Own allocation and recovery process, ensuring timely, fair and accurate recharges. Hold partners to account on performance contracts.
• Work in collaboration with local leadership to complete the delivery of business cost planning and performance reporting processes.  Lead robust long-term plans with performance insights that enable decision making.  Prioritize and allocate team resources to successfully meet the needs of the business.
• Be responsible for overall accuracy of reporting, ensuring financials are aligned with group policies. Collaborate with Finance Accounting & Control teams, challenge non-compliance areas and investigate root cause. Participate in SoX quarterly due diligence process and business assurance process of LRA (letter of representation & assurance). Support SEA (stock exchange announcement) and statutory reporting.
• 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.
• Lead a large team of finance professionals, developing the team through coaching, mentoring and on the job development.  Work with the team members to solve problems when issues are raised.
• Drive continuous improvement to promote standardization and simplification. Implement strategies that drive the automation of financial products, to improve the efficiency of financial analysis and reporting.

What You will need to be successful:

• Business/Finance or Engineering Subject area Degree or equivalent
• Master’s Degree or post-graduate qualification in a finance field e.g. MBA, CA is a big advantage
• 15 years of relevant post degree experience in financial reporting, budgeting and forecasting in an Oil and Gas business or experience in industries such as Retail, Asset-based business, Manufacturing, and Logistics
• Deep knowledge of planning, performance management & control processes.
• Deep Analysis and Insight capability: The ability to provide critical thinking to address complex situations, balance conflicting interests, and prioritize the interests of bp.
• High level of discernment.
• Strategic direction: Embracing strategic direction and influencing key partners to gain consensus.
• Building capability: The ability to build capability, influence beyond formal reporting lines, and coach a diverse team to drive high performance.
• Empowering teams: Empowering teams to deliver by providing clear expectations and effective support.
• Collaboration: Collaborating within the FP&A team and inspiring colleagues to understand and contribute to the team's strategic direction.
• People leadership: A passion for people leadership, inspiring and motivating people to deliver results, with experience in leading others being essential.
• Proven ability to inspire change within the organization.

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

A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued

Possibility to join our social communities and networks

Learning opportunities and other development opportunities to craft your career path

Life and health insurance, medical care package

And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

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

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Flexible working schedule: home office up to 2 days/week, based on team agreement
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Family-friendly workplace e.g.: Extended parental leave, Mother-baby room
• Well-being programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sports and music equipment
• Assets like phone for private usage and company laptop are provided from the first day of employment with other equipment if requested

 

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

Travel Requirement

Up to 10% travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

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.