Planning Analyst
About The Position
bpx 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.
Requirements
- 2 - 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 Finance
Nice To Haves
- Self-starter, works with minimal direction
- Data-driven decision-making capabilities
- Ability to quickly analyze large volumes of data, recognize trends, develop solutions to business issues and recommend preferred alternatives
- Experience with DSO / DSOCX or other planning software experience (Enersight, Pod2)
- Experience with data analytics and visualization tools (Spotfire, Power BI) is a plus
- Proven ability to manage competing priorities in a fast paced environment
- Ability to effectively interface, influence and build alignment with individuals, multi-discipline teams and all levels in the organization
- Effective communication and people skills; ability to develop and use informal networks
- Experience with enterprise resource planning software like SAC-Planning.
- Experience with reserves / impairment testing workflows
Responsibilities
- Coordinate and support long-term planning and related scenario analysis
- Collaborate with asset teams (development and operations) to gain an in-depth understanding of key economic assumptions, organizational priorities, and asset constraints
- Challenge and validate key technical and economic assumptions underlying asset plans and forecasts
- Prepare variance analysis and concise financial narratives explaining changes in forecasts / KPIs versus prior periods and targets
- Support reserves / economic evaluation workflows by maintaining models to derive asset value / need for impairment charges
- Support portfolio management and business development activities
- Actively work on continuous improvement of current and new processes. Drive bpx standardization and performance improvement initiatives as needed.
- Work should be accurate and timely
- Other duties as needed
Benefits
- access to health, vision and dental insurance
- flexible working schedule
- paid time off policy
- discretionary annual bonus program
- long-term incentive program
- a generous 401K matching program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
