BP

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry. We’re investing in today’s energy system and helping build out tomorrow’s. So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the world. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

An exciting new job opportunity has arisen for an FP&A C&P Business Performance Senior Analyst to join us in Budapest.

Customers & Products (C&P) as a business is dedicated to growing our customer business by delivering excellent products and services. To achieve this aim the business will need excellent business partners working efficiently in new and innovative ways across the entity both in support of growing/sustaining the core businesses and in delivering new business models for the future.

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

Key Accountabilities:

• 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 stakeholders focused on improving profitability.
• Business Partnering and Performance Insights: Establish and maintain a proactive business partnering 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.
• 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, highlight areas where performance 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.

Essential Experience & Job Requirements:

• Bachelor's Degree (or equivalent) in Business/Finance or Engineering is essential.
• Master’s Degree or other qualification in a finance field, e.g. MBA, CA, ICWA/Cost Accountants is highly advantageous.
• 5+ years of relevant post degree experience in financial reporting, budgeting and forecasting.
• Language proficiency: fluent English.
• Knowledge and application of Plan to Perform processes, including digital literacy and analysis.
• Strong analytical and insight capabilities, with a focus on continuous improvement in performance management and MI.
• Excellent team player with strong communication skills. Outstanding relationship building/influencing skills.
• Experience in working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI, Tableau.

Desirable Experience:

• Experience within global, complex and matrix organizations, preferably within an Oil & Gas business or experience in industries such as Retail, Asset-based business, Manufacturing, or Logistics.

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.
• Employees’ wellbeing 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, Sport 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.

At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life.

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

Negligible 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.