Finance Analyst

bp; Milton Keynes; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A global energy company in Milton Keynes seeks a Finance Analyst to support planning, performance insight, and reporting for the UK business. This role involves consolidating financial data, providing analytical insights to drive performance improvements, and engaging with key stakeholders. Ideal candidates will have a finance-related degree, experience in performance management, and knowledge of tools like SAP and PowerBI.

Benefits

Life and health insurance

Learning and development opportunities

Flexible working environment

Qualifications

• Proven experience in finance, commercial or performance management.
• Strong understanding of financial controls and risk assessment.
• Fluent in English, knowledge of German or Spanish is a plus.

Responsibilities

• Supports the annual planning process for the Finance Manager.
• Partners with teams to analyze financial performance.
• Engages in preparing financial reports and insights.

Skills

Analysis and modelling

Analytical Evaluation

Commercial Acumen

Data Analysis

Financial Analysis

Decision Making

Communication

Education

University degree in finance or business related discipline

Tools

SAP R3

PowerBI

IBP

Job description

Entity:
Finance

Job Family Group:
Finance Group

Job Description:

Finance Analyst

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner!

Role Synopsis

The Finance Analyst supports the Finance Manager with the Planning, Performance insight and Reporting of the Europe Fuel Supply & Midstream Business as part of ST&S to support the optimization of business performance. The position applies a Finance lens and deep understanding of business issues and priorities to form a consolidated view of performance. The role supports the business by translating this view of performance to provide insights for informing decisions and ensuring financial implications are integrated into strategic plans and the forward view of operational in year performance.

The special focus of the role is on Supply and B2B activities in the UK and on the consolidation and standardization of European FSM cost activities.

Your Tasks:

Planning

• Supports and consolidates the annual planning process, ensuring plans are appropriately challenged and provides assurance to the Finance Manager and Functional Leads.
• Manages the consolidation and review of data which includes a projection of cost, performance and apply both a market and competitive lens to analysis to identify trends, opportunities and potential risks.
• Proactively identifies and investigates data discrepancies and raises issues to the Finance Senior Manager (Midstream)
• Supports initiatives, ensuring processes continue to evolve to assist the delivery of the Strategic and financial performance aspirations.

Performance Insights

• Partners with other business collaborators to analyse financial performance and articulate the underlying delivery of actuals vs. latest forecasts on a monthly basis and provide recommendations and interventions to drive improved performance. This may be on a consolidated basis for several regions to provide one set of numbers or with a focus on supporting a specific business region or area (e.g. Supply).

Performance Reporting

• Engages with key partners and assist in the preparation of financial reports, including month-end and quarter-end close for the business activities, forecasts, analysis and budgets to provide insights for the business providing relevant challenge and verification.
• Ensures function/business transactions and results are recorded, reported and forecasted with integrity, transparency and in a timely manner in accordance with financial and control policies.
• Bridges the gap between financial reporting and business understanding by measuring and providing commentary on forecast variances to facilitate decision-making and ensure forecasts remain accurate and robust.

Business Partnering

• Develops relationships with the wider Finance team and Business Leads to identify and enable simplification opportunities within the extended business.
• Provides coaching and training to the function/business on the financial outcomes and major dependencies.
• Maintains positive relationships within the Finance teams, e.g. Planning & Performance and Accounting & Reporting, and the wider business e.g. Commercial, Marketing etc.

Your background:

• University degree level in finance or a business related discipline or equivalent experience
• Proven experience in finance, commercial or performance management
• Knowledge in SAP R3 (FI, CO, BW, FEM, BCS and FBW), PowerBI and IBP
• Excellent understanding of system controls, financial controls and risk assessment including
• an understanding of how Finance processes and systems operate.
• Deep understanding of business and processes (Supply, B2B, Cards, PetChems, Retail)
• Understanding of performance management processes, tools and metrics
• Fluent in English, other European language (German/Spanish) would be a plus.
• High level of dedication and motivation
• Strong leadership skills
• Strong understanding of financial and business data
• Relationship-oriented working
• Strong analytical and influencing skills
• Customer and performance-oriented thinking and action

Safety

• Demonstrate personal responsibility for the safety and well-being of everyone around
• Follow the requirements specified in OMS, and contribute to the delivery of safe, compliant and reliable operations

Respect

• Adhere to the Code of Conduct and to the laws and regulations wherever I am
• Build positive relationships based on trust and honest discussion

Excellence

• Pursue detailed management through standardization, clarification and the elimination of defects
• Plan carefully, make well informed decisions and do the right thing
• Foster learning, the sharing of knowledge and continuous improvement

Courage

• Strive to build enduring value despite the short-term pressure I face

One Team

• Enable others to trust me by delivering on my accountabilities and standing by decisions when they are made
• Support those I work with and help to build the effectiveness of my team to achieve the best results

Additional Information

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. Don't hesitate to get in touch with us to request any accommodations.

Travel Requirement
Some travel may be required with this role, this is negotiable

Relocation Assistance:
This role is not eligible for relocation

Remote Type:
This position is a hybrid of office/remote working

Skills:
Analysis and modelling, Analysis and modelling, Analytical Evaluation, Analytical Thinking, Analytics, Benchmarking, Business, Business Performance, Business Performance Management, Business process improvement, Business-to-Business (B2B), Commercial Acumen, Commercial performance management, Communication, Cost-conscious decision-making, Cost Management, Cost Performance Management, Data Analysis, Data visualization and interpretation, Decision Making, Economic modelling, Finance, Financial Analysis, Financial Data, Generating customer insights {+ 19 more}

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.