Planning Analyst

BP PLC; Houston (TX); Hybrid; USD 97,000 - 135,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Discretionary annual bonus

Job summary

BP plc is hiring a Planning Analyst in Houston (or Denver) to translate asset plans into forecasts and support capital allocation decisions. The role collaborates with asset teams, challenges assumptions, and maintains planning models for scenario analysis and impairment considerations.

The ideal candidate has 2–5 years upstream experience, a relevant engineering or finance degree, and strong data analytics with Enersight/Pod2 and BI tools. Hybrid work and competitive rewards are offered.

Qualifications

• 2–5 years upstream oil&gas engineering or related field
• BS in Petroleum, Mechanical, Chemical, Civil or Finance
• Strong data-driven decision making and communication skills

Responsibilities

• Coordinate and support long-term planning and scenario analysis
• Collaborate with asset teams to understand key economic assumptions
• Challenge and validate technical/economic asset assumptions
• Prepare variance analysis and concise financial narratives
• Maintain models for reserves/economic evaluation workflows
• Support portfolio management and business development activities
• Drive continuous improvement and standardization of processes

Skills

Data analysis

Data visualization

Power BI

Spotfire

Enersight

Pod2

SAC-Planning

Education

BS in Engineering or Finance

Tools

Enersight

Pod2

SAC-Planning

Job description

Job Family Group:Finance GroupJob Description:Role Available in Houston, Texas or Denver, Coloradobpx energy is a top 15 U.S. onshore oil and gas producer and a subsidiary of bp p.l.c. We run a large, multi-basin upstream and gathering business. The Planning team sits within the broader Financial Planning and Analysis (FP&A) team and plays a central role in steering the company to maximize long-term value through optimized capital allocation, set achievable financial / operational targets and help the leadership team frame decisions.The Planning Analyst is an individual contributor position and works closely with our Development, Operations and Central Functions teams. The Planning team role is to 1) translate asset development / operating plans into forecasts to feed scenario modeling 2) identify development constraints / opportunities to optimize bpx’s capital allocation; 3) support bpx planning and budgeting processes and consolidate input from asset teams for bpx rollup; 4) provide variance reporting and analysis as needed; 5) coordinate capital allocation process and align asset team requirements; and 6) support year-end resource commercial / reporting activities.As a member of the finance team, the analyst will be part of a very collaborative group, where people are willing to step out of their roles to help others. All members of finance team serve as trusted commercial advisors to the business.Key accountabilities includeCoordinate and support long-term planning and related scenario analysisCollaborate with asset teams (development and operations) to gain an in-depth understanding of key economic assumptions, organizational priorities, and asset constraintsChallenge and validate key technical and economic assumptions underlying asset plans and forecastsPrepare variance analysis and concise financial narratives explaining changes in forecasts / KPIs versus prior periods and targetsSupport reserves / economic evaluation workflows by maintaining models to derive asset value / need for impairment chargesSupport portfolio management and business development activitiesActively work on continuous improvement of current and new processes. Drive bpx standardization and performance improvement initiatives as needed.Work should be accurate and timelyOther duties as neededEssential criteria & qualifications2 - 5 years of upstream oil & gas engineering experience, preferably in reservoir, drilling/completions, production, facilities, or operations.B.S. in Petroleum, Mechanical, Chemical, Civil or related Engineering or FinanceDesirable criteria & qualificationsSelf-starter, works with minimal directionData-driven decision-making capabilitiesAbility to quickly analyze large volumes of data, recognize trends, develop solutions to business issues and recommend preferred alternativesExperience with DSO / DSOCX or other planning software experience (Enersight, Pod2)Experience with data analytics and visualization tools (Spotfire, Power BI) is a plusProven ability to manage competing priorities in a fast paced environmentAbility to effectively interface, influence and build alignment with individuals, multi-discipline teams and all levels in the organizationEffective communication and people skills; ability to develop and use informal networksExperience with enterprise resource planning software like SAC-Planning.Experience with reserves / impairment testing workflowsSalary and BenefitsWe offer a reward and wellbeing package to enable your work to fit with your life. These can include, but not limited to, access to health, vision and dental insurance, flexible working schedule, paid time off policy, discretionary annual bonus program, long-term incentive program, and a generous 401K matching program. How much do we pay (Base) $97,000 - $135,000*Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting.Travel Requirement:Negligible travel should be expected with this roleRelocation Assistance:This role is not eligible for relocationRemote Type:This position is a hybrid of office/remote workingSkills:Accounting policy, Accounting policy, Accounting Processes and Financial Systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Fluency, Financial Reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 4 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.Expand job descriptionDisclaimerThis is a high-level summary only of terms and current discretionary benefits applicable to certain roles. Some rewards, benefits and policies are at managers’ discretion and vary depending on where you work within the business. All terms subject to contract and all discretionary benefits subject to policy and eligibility.