and Responsibilities Job title- Wells Cost Analyst Reports to Pune Engineering Discipline Manager Indirectly reports to Regions Snr Manager Unit Lead Does the person manage a team Specify Direct Reports No Hiring Manager Home Entity P O Wells - British Petroleum DigiTaiken Customer Pune Location Pune India The purpose of the role is to assist the Wells Team to deliver straightforward concise and systematic cost information actuals forecasts and also to act as a focal point for co-ordination creation and management of Purchase Orders PO s for Wells in support of delivering the mission of safe efficient and competitive wells The Cost Analyst plays a key role in supporting Wells Enabler cost and procurement processes helping the Wells team to improve performance management of gross costs for wells services labour overheads and rigs as well as central allocations The role interfaces with finance and performance planning team procurement to ensure accurate and quality inputs into business planning tools The role also includes providing insights of cost variances refresh of cost models cost books and monitoring for cost inefficiencies as well as PO monitoring What you will deliver Cost Estimating Planning Assist the Engineers in developing gross cost estimates for FMs AFEs and forecasting purposes Use of DCE Drilling cost estimation and use of cost accounting elements Provide gross Well cost estimates as per schedule Provide analytics to benchmark cost and time estimates model against internal and external data Provide engineers with cost data to be submitted into Rushmore Support Engineers in monitoring and maintaining gross wells cost model with internal and external data Refresh of AFE cost models Cost books Cost Tracking Monitoring Reporting Maintain Wells cost tracking against cost model Perform monthly Value of Work Done VoWD actual vs forecast with engineers and BRO to inform variances accruals Consolidate gross value of work done VoWD work in place WIP estimate per Well and submit to Finance to accrue Conduct detailed gross AFE cost tracking analysis and routine reviews with teams Provide analytics and insight to ensure on-track performance or help inform cost management decisions Collaborate with Finance in preparation and presentation of QPF and variance commentary and analysis Run SAP regular minimum monthly report monitor indirect allocations vs plan forecast Liaise with material management and engineers on accuracy of FIORI demand and actual materials usage for each well Purchase Order PO initiation and management Raise Service Limit Shopping Carts SC in Supplier Relationship Management SRM Backbone Expedite PO Output to supplier PO management - uplift requests Help resolve troubleshoot output medium queries Adhoc sourced demand off contract - ensure appropriate procurement input prior to raising any requests T s C s implications Run PO report to inform accruals and PO close out to minimize value leakage Track SC and PO through lifecycle being SPA for Wells team PO Closure Management - after campaign closure coordinate will all vendors with PO s raised against campaign Provide deadline dates for invoice submissions aligned with contract demands 90 days from campaign completion Manually go through all open PO s after deadline issue reduction closure requests carry accruals forward for later invoicing when valid e g post well Biostrat post well repairs contractor s 3rd party costs etc Liaise with supplier to inform PO closure report and VOWD Wells Logistics management Software Kabal Cost Module - SPA - Cost Module training focal point for any queries regarding estimates Contract Database - ensure database within Kabal contract section holding all relevant wells SRM Contracts UNSPSC s GL s linked to contracts are kept up to date PO Management - Link estimates to PO management repository update with PO numbers once known Pull through uplift values to PO management with relevant notes for audit trail purchases Adhoc Cost Estimate Entry - generate cost estimates in Kabal based on backup quotes for all low volume vendors Other Coordinate time writing in alignment with local process and check alignment against budget QPF Run work over report forecast vs actual and check variances as well as budget provision adequacy Support well cost reconciliation variance analysis and well cost review for partners and JV audits Provide support for cost recovery processes run by Finance Manage and maintain the Wells Shopping Cart SC Template Coordinate workflow changes - Raise SNOW tickets Coordinate Vendor SPU Extension requests - Fiori - liaise with procurement to get CDD complete prior to Extension request Run intelligence plus Backbone reports on request What you will need to be successful Preferred education certifications Engineering or technical degree Minimum years of relevant experience Previous experience preference 3years in the area of wells activities Total years of experience 5 years relevant industry experience Must have experiences skills To be hired with Experience with onshore offshore projects and or refining projects Familiar with the terminology in the wells organization in order to understand the overall business Financial acumen ability to assure financial outputs understands and is able to describe underlying costs activities and charges with central and regional operations and engineering team Experience of cost tracking and monitoring supporting cost estimating and preparing Value of Work Done VOWD Good to have experiences skills Can be trained for - learning on-the-job Understanding of bcustomer s financial structure and processes including DPP ARC cost forecasting tracking FM s AFEs BRO structures time writing central regional cost relationships and proficiently uses tools such as SAP Familiarisation of Wells Logistics management Software Kabal Working in a multi-project environment and managing several work-fronts consecutively Experience in Purchase Order creation and management Solid understanding of scheduling estimating and benchmarking Excellent inter-personal skills and behaviours Excellent influencing and communication skills Ability to work under own initiative or as part of a team Respectful of a multicultural working environment Competent with computers and IT including experience of using standard software e g MS Outlook MS Teams MS Word MS Excel and MS Powerpoint Power BI an advantage You will work with Planning performance and procurement community central team regions Region s engineering and operations teams Region suppliers Region s finance teams Region logistics and material management team FBT Pune Grade J Shift support 11 30AM-8 30PM or 2 00PM-11 00PM travel requirements 10 Job Type Contractual Temporary Contract length 12 months Pay 1 800 000 00 - 2 200 000 00 per month Application Question s Do you have experience in rig based drilling activity and well logistics management Experience cost optimization 5 years Required purchase order creation 5 years Required Cost estimation 5 years Required logistics management software 3 years Required Work Location In person