Job category Finance Experience level Senior Relocation available This role is eligible for relocation within country Job type Professionals Travel required Up to 10 travel should be expected with this role Job code RQ089270 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 The role will be the part of The Finance Business Technology FBT organization at 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 chipping in 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 This role will sit within the Finance FP A organization in the team and will be operating management activities for specific Business Functions The Cost Performance Advisor has responsibility for delivering end-to-end cost management services including capital expenditure of the business function The role will involve partnering with collaborators in the business and developing performance insights to handling demand improve decision making interventions handling conflicting priorities and lead initiatives whilst handling expectations of collaborators effectively As a senior member of the team you will coach and mentor analysts in the development of cost analytics that support the business Key Roles Responsibilities 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 Must have educational qualifications Business Finance or Engineering Field Degree level or equivalent Preferred education certifications Master s Degree in a finance field e g MBA CA ICWA Cost Accountants Minimum years of relevant experience 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 Must have experiences skills To be hired with 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 and take key judgements evaluations Evaluate when appropriate and where to raise issues and partner concerns Coaching team members to work towards a common goal At bp we provide the following environment benefits to you 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 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 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 If this role attracts you apply now 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 Rewards and benefits With ongoing learning and development your reward goes far beyond the financial Global Global Australia Hungary India Malaysia UK Financial wellbeing Community growth Work-life balance Health wellness Family matters Office experience Our innovative Energize recognition points programme and spot awards translate exceptional performance into tangible rewards to motivate our high performers Pay bp offers competitive pay in line with industry standards making us an employer of choice Discretionary bonus We offer discretionary bonuses to reward strong company business unit and individual performance and recognition awards including those related to long service to recognize commitment to the company Retirement savings We offer a range of discretionary retirement and savings plans to help provide you and your family with financial security Insurance benefits To give you additional peace of mind bp provides valuable insurance benefits in some countries These are designed to provide financial assistance to employees and their families if employees become unwell or die in service Equity Depending on your location and job level there may be equity stock and share options you are eligible to join so you can be part of bp s success Unlock a distinct development experience with grow bp a comprehensive online platform offering accessible learning opportunities for every bp employee at their fingertips 24 7 Learning development bp is a learning organization Whether you re looking to reskill upskill or build the skills you already have we can help you with the support and resources you need including mentoring Growth Week getAbstract and LinkedIn Learning Business resource groups BRGs Our employee-led BRGs - including working families social mobility and women s network - are communities where we embrace different ideas and perspectives and treat each other with care and respect Volunteer days Caring for others is at the heart of who we are at bp and employees can give back to their communities where we operate by engaging in volunteer activities Hybrid versatile working At bp we understand the importance of balancing work and personal obligations Where possible we offer employees a hybrid model of work and consider flexible working arrangements Time off Along with annual leave in addition to public holidays we provide bp employees with comprehensive sick leave and compassionate leave coverage We may also be able to support your career break for up to 12 months We offer a variety of flexible benefits designed to prioritize your wellbeing giving you choices that align with your lifestyle Keeping well At bp we believe a happy and healthy workforce is in everyone s best interests We offer comprehensive health and wellness programmes to support you in having a balanced lifestyle Mental health At bp we focus on wellbeing and provide 24 7 support tools and resources such as an employee assistance programme a global wellbeing portal - Thrive - and free access to mindfulness resources such as Headspace to help you navigate the ups and downs of life Our family-forward leave options show our commitment to supporting you and your loved ones Family-forward leave At bp we recognize the significance of family We provide comprehensive paid maternity parental and adoption leave to support you in cherishing important moments bonding with loved ones and transitioning smoothly into your new role as a parent We encourage collaboration within our offices by creating spaces that enable teamwork and innovation Equipment At bp we support you with the right furniture and equipment and offer you an ergonomically safe and comfortable workplace to help you perform at your best Office space We ensure a comfortable work setting for everyone with collaboration spaces to encourage teamwork and innovation Our workspaces are designed with inclusive accessibility in mind to promote mobility and access for all Disclaimer This is a high-level summary only of terms and current discretionary benefits applicable to certain roles Some rewards benefits and policies are at managers discretion and vary depending on where you work within the business All terms subject to contract and all discretionary benefits subject to policy and eligibility

📌 Fp&a Cost Performance Advisor (Maharashtra)
🏢 Bp
📍 Maharashtra