Lead Finance Specialist - FP&A Operations

Baker Hughes Company; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Benefits offered by this job

Private medical care

Life insurance

Disability programs

Tailored financial programs

Voluntary benefits

Work-life balance

Job summary

Baker Hughes is seeking a Lead Finance Specialist – FP&A Operations to lead financial planning and reporting for the Subsea Project & Services business. You will work with a global team of project accountants and cost controllers to drive budget management across multiple projects.

You will analyze cost performance, forecast spend, and support financial closure while ensuring alignment with KPIs and compliance.

Qualifications

• Minimum 2:1 finance/economics degree or equivalent with demonstrable finance work experience
• 7+ years experience in finance, budgeting and planning or project accounting, preferably in the oilfield services industry
• Strong working knowledge of Microsoft Excel and willingness to learn quickly
• Strong interpersonal and leadership skills and an effective team player
• Excellent written and oral communication skills
• Ability to multi-task in a fast-paced environment and attention to detail
• Ability to influence others and lead small teams
• Commitment to HSE, integrity and compliance priorities

Responsibilities

• Manage the impact of change orders and identify and report changes in expected costs for a defined project scope
• Project cost control for a portfolio of projects
• Forecasting quarterly spend profile across projects, reflecting project execution in line with the project and manufacturing plans
• Involving in Quarterly Project Cost Review (PCR) to validate total project cost to wider SPS management team
• Involving in overall management of cost budgets within Oracle ERP
• Maintaining and optimizing detailed project financial models
• Supporting in achieving financial closure of projects
• Providing cost optimization strategies and ensure alignment with projects KPIs
• Reporting of any quarterly volume variance through to SP&S QMI rhythms
• Supporting the SPS cash collection effort by maintaining project focus on timely achievement of project cash milestones
• Analysing of full ledger and posting of journal entries to account the correct costs in projects

Skills

Microsoft Excel

Interpersonal skills

Leadership

Communication skills

Attention to detail

Multitasking

Education

Finance/Economics degree (2:1)

Tools

Oracle ERP

Job description

Lead Finance Specialist – FP&A Operations

Baker Hughes, an internationally leading manufacturing company, is looking for an accountancy & finance professional to join the company as a Project Accountant. Shape financial planning strategy.

The Lead Finance Specialist - FP&A Operations is a key part of the Project Finance team for the Subsea Project & Services business. The role provides financial reporting and analysis to the project execution team and other stakeholders including the Project Finance Manager. In the role you will be part of a global team of Project accountants and cost controllers and be responsible for budget management across a number of projects.

Key Responsibilities

• Managing the impact of change orders and identifying and reporting changes in expected costs for a defined project scope.
• Project cost control for a portfolio of projects.
• Forecasting Quarterly of spend profile across projects, reflecting project execution in line with the project and manufacturing plans.
• Involving in Quarterly Project Cost Review (PCR) to validate total project cost to wider SPS management team.
• Involving in overall management of cost budgets within Oracle ERP.
• Maintaining and optimizing detailed project financial models
• Supporting in achieving financial closure of projects
• Providing cost optimization strategies and ensure alignment with projects KPIs
• Reporting of any quarterly volume variance through to SP&S QMI rhythms
• Supporting the SPS cash collection effort by maintaining project focus on timely achievement of project cash milestones.
• Analysing of full ledger and posting of journal entries to account the correct costs in projects.

Qualifications

• Have strong Academic background and or university graduate with minimum 2:1 in a finance/economics related degree (or equivalent degree with demonstrable finance work experience)
• Have more than 7 years experience in finance, financial budget and planning or project accountant, preferably in the oilfield services industry
• Have strong working knowledge of Microsoft Excel and willingness to learn quickly.
• Have strong interpersonal and leadership skills and an effective team player.
• Be effective written and oral communication skills
• Able to multi-task in a fast paced environment and attention to detail
• Able to influence others and lead small teams
• Have Commitment to HSE, integrity and compliance priorities

Work in a way that works for you. We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too.

Flexible Working Patterns

• Working flexible hours - flexing the times when you work in the day to help you fit in everything in and work when you are the most productive

Benefits

• Contemporary work-life balance policies and wellbeing activities
• Comprehensive private medical care options
• Safety net of life insurance and disability programs
• Tailored financial programs
• Additional elected or voluntary benefits

The Baker Hughes internal title for this role is: Finance Senior Specialist - FP&A Operations

At Baker Hughes, we are transforming the future of energy. With operations in over 120 countries, we are developing and deploying industry-leading technologies and services to take energy forward. For more than a century, our inventions have revolutionized energy. Today, we are bringing our expertise to make oil and gas safer, cleaner, and more efficient. Our people are the trusted experts, relied on to solve customer challenges big and small. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other. We believe in creating an environment of diversity and inclusion, without bias. We know we are better when all of our people are developed, engaged, and able to bring their whole authentic selves to work. We're makers, inventors, and leaders who aren't afraid of the tough challenges. We believe pushing boundaries will help to lead the way for a new energy future.