Senior Finance & Commercial Analyst

bp; Houston (TX); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Flexible working options

Generous paid parental leave policy

Excellent retirement benefits

Job summary

A leading energy company in Houston seeks a Senior Finance & Commercial Analyst to support joint venture management, investment decision analysis, and commercial negotiations. Candidates should have a degree in Business, Finance, or Engineering with a solid background in the Oil & Gas sector. Strong analytical and financial modeling skills are essential. The position offers a diverse working environment with various employee benefits, including flexible working options and parental leave.

Qualifications

• Degree in Business, Finance, Engineering or equivalent.
• Experience in commercial negotiation and investment decision analysis.
• Knowledge and experience in Oil & Gas business, Gulf of America experience preferred.

Responsibilities

• Support joint venture management and align with JV partners.
• Lead investment evaluations and build complex financial models.
• Deliver P&L/ financial analysis and identify efficiencies.

Skills

Commercial negotiation

Investment decision analysis

Financial modeling

Analytical skills

Communication skills

Education

Degree in Business, Finance, or Engineering

Job description

Join to apply for the Senior Finance & Commercial Analyst role at bp.

You will be part of the Commercial and Finance team supporting three (3) bp operated platforms in the Gulf of America. The successful candidate will support the Sr. Commercial and Finance Manager to manage joint venture partnerships, joint venture obligations, commercial negotiations, investment decision (economic) analysis and business performance management.

Joint Venture Management

• Support alignment with JV partner(s) as we navigate complex business issues and investment decisions.
• Work closely with JV Partners to progress project developments, approve operations in line with agreed plans and mature options for future development.
• Ensure JV partners alignment on development plans, JV budget and required approvals.
• Support managing JV rights and obligations, JV finance & commercial risks, authorization for expenditure (AFE), Annual Operating Plans (AOP) and JV committees.

Investment Decision (Economic) Analysis

• Work with bp functional and technical teams to enable business/investment decisions based on sound economic analysis and cases.
• Lead investment evaluation / analysis of new projects with internal collaborators and JV partners.
• Support business opportunity framing, Area Development Plans (ADP) and project development to establish optimal long‑term growth strategy.
• Build and maintain complex financial models to evaluate investment opportunities, forecast investment returns, project cash flows, and assess risk exposure.
• Conduct valuation analyses using various methods, including discounted cash flow (DCF) analysis, to assess the value of assets.

Commercial Negotiations

• Support development of new and/or modified JV agreements.
• Support resolution of commercial disputes and contractual issues with JV partners or other Joint Ventures while effectively managing relationships.
• Support the creation and delivery of commercial plans to progress new investment opportunities in compliance with applicable agreements.
• Provide guidance on commercial negotiation through Joint Operating Agreements interpretation to increase value while mitigating risk.
• Support efforts to drive incremental value from existing agreements and assisting Sr. Commercial and Finance Mgr in areas of JV audit support, cost recovery and sole risk operations.

Business Performance Management

• Deliver P&L/ financial analysis, including identifying and working on opportunities to bring efficiencies.
• Work with Finance Business & Technology (FBT) to support performance interventions, track action plans and manage potential risks/opportunities.
• Provide inputs to business area on effectiveness of their business plans, including annual plan and Area Business (Performance) Reviews.
• Work on ad‑hoc projects and requests supporting the business area leadership to deliver performance improvement initiatives.

Essential Education & Experience

• Degree in Business, Finance, Engineering or equivalent.
• Experience in commercial negotiation and investment decision analysis.
• Knowledge and experience in working with Oil & Gas business – Gulf of America experience strongly preferred.
• Knowledge of common offshore agreements including Joint Operating Agreements, Participation Agreements, Purchase and Sale agreements, Production Handling Agreements.
• Skilled in financial and economic modelling. Capable of performing economic evaluations supporting investment decision and effectively communicating outputs.
• Ability to effectively influence and build alignment with multi-disciplinary teams.
• Strong commercial, financial, and analytical skills.
• Ability to adapt and enthusiasm to learn.
• Communication (verbal and written) – Good command of written and spoken English.

Why Join Us

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 (https://exploreyourbenefits.com/landing.html) to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others! We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.