Cost Controller

jeranexbp; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Collaborative culture

Flexible working hours

Work from home options

Career development

Job summary

JERA Nex bp, based in London, seeks an experienced Corporate Controlling professional to oversee finance for large offshore wind capex projects from development through construction. You will lead budgeting, forecasting and reporting, provide cost insights for decisions and ensure accurate accruals and budgeting aligned with project WBS.

You will collaborate with accounting to close periods, monitor staffing, and deliver monthly reports to senior stakeholders.

Qualifications

• Bachelor or Master degree in finance or a related discipline.
• Experience in budgeting, forecasting and reporting for large capital projects.
• Strong analytical and accounting knowledge.
• Familiarity with SAP and reporting systems.

Responsibilities

• Provide finance oversight for complex large-capex projects in development or construction.
• Develop and implement an effective project cost management system.
• Lead budgeting, forecasting and reporting over the development & construction lifetime of different projects and monitor the actual spendings.
• Provide cost insights to facilitate decision making, including variance analysis and trends.
• Provide ongoing commitment and expenditure tracking and control, ensuring compliance with project WBS and budgets.
• Monitor and control staffing requirements of the project.
• Prepare monthly financial reports and presentations towards management, board of directors, banks, shareholders and internal departments.
• Have a good understanding of the development & construction process of large capex projects.

Skills

MS Office

Analytical skills

Budgeting

Forecasting

Cost control

Education

Bachelor/Master degree in finance or related discipline

Tools

SAP

Reporting systems

Job description

Join us as we work to unlock the value of offshore wind! JERA Nex bp is a new joint venture between JERA, Japan’s largest power generation company, and bp, one of the world’s leading energy companies. Established to unlock the potential of offshore wind across the globe, our talented team, exciting pipeline and solid capital commitment give us the potential to become one of the world’s most successful offshore wind companies.

We entered the market with a portfolio of operational and development assets, alongside the resources, capabilities and resilience to deliver offshore wind energy at scale.

Why this role matters:

Offshore wind is a complex, uncertain and expensive industry. From bidding, through construction, installation and operation, costs are in the $billions over multiple years and require many strategic partnerships across a dynamic geopolitical and environmental landscape. There are complex financial structures in place that need to be carefully managed with both cash and financial reporting implications across multiple entities. The Corporate Controlling team are essential for ensuring these positions are clearly understood, optimised and carefully managed.

In this role you will:

Work in very close cooperation with the Commercial director;

• Provide finance oversight for complex and large capex projects in development or construction phase;
• Be accountable for the development and implementation of an effective and efficient project cost management system;
• Lead the entire budgeting, forecasting & reporting process over the development & construction lifetime of different projects and monitor the actual spendings;
• Be responsible for providing project leaders with high quality cost related insights to facilitate decision making processes including variance analysis and Trends;
• Provide regular and reliable assessments of the VOWD (Value of Work Done) ensuring that accruals stand up to audit;
• Provide ongoing commitment and expenditure tracking and control, ensuring compliance with project WBS and budgets;
• Monitor and control staffing requirements of the project;
• Responsible for the preparation of monthly financial reports and presentations towards different stakeholders (management team, board of directors, banks, shareholders, internal departments);
• Have a good understanding of the development & construction process of a large capex project (financial, technical, contractual, interfaces, risks);
• Responsible for the analytical masterdata of the project(s) reporting in SAP;
• Participate and contribute to continuously improving reporting, controlling and planning processes;
• Work with Accounting to achieve an accurate financial close each period for Corporate entities;

To be successful in the role you will bring:

• You obtained a Bachelor/Master degree in finance or related disciple;

• You have at least 7 years’ experience and 3 years’ experience in a similar role. Experience from the on- & offshore wind sector or the oil & gas sector is a plus.
• You have a good ability to understand the complex financial & technical business and its interactions;
• You have in-depth knowledge of analytical and accounting concepts, and you are familiar with SAP and reporting systems;
• You are an advanced user of MS Office and you have an interest in financial modelling;
• You are organized enough to be able to track multiple projects and perform several tasks at the same time;
• You are accurate and have strong analytical skills;
• You have strong social and communicative skills and can work both in team as autonomous;

What you can expect from us:

Working at JERA Nex bp means being part of a global leader in offshore wind, where innovation, collaboration, and sustainability drive everything we do. You’ll enjoy:

• A collaborative and inclusive work culture, with space for team-building and social activities

• Flexible working hours and the opportunity to work from home, with regular in-person connection

• Opportunities for career growth and professional development in a fast-growing international company.

As we build our company, we are driven by:

Care for each other and our world – we leave egos at the door, are inclusive, collaborative and open to new ideas

A spirit of ingenuity - we are pioneers and innovators making the impossible possible

A commitment to unlocking value from offshore wind – we aim to make offshore wind sustainable, affordable and accessible to the countries & communities we serve.

About JERA Nex bp

JERA Nex bp is a purpose-built offshore wind company committed to unlocking the power of offshore wind by developing high-quality, competitive projects.

A 50:50 joint venture between JERA Co. and bp, JERA Nex bp is an end-to-end developer, owner and operator with more than fifteen years of experience in operating offshore wind projects.

Headquartered in London, with offices across Europe, Asia, and Australia, JERA Nex bp has a portfolio of operational and development projects across nine countries, and draws on a rich heritage of pioneering offshore wind in Asia Pacific and the North Sea.