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bp · 1 day ago

Senior Finance & Commercial Analyst

Houston, TX

Full-time

Onsite

Senior Level

bp is a leading energy company, and they are seeking a Senior Finance & Commercial Analyst to support their Commercial and Finance team. The role involves managing joint venture partnerships, conducting economic analysis for investment decisions, and overseeing business performance management.

EnergyIndustrialOil and GasRenewable Energy

Responsibilities

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

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

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

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

Qualification

Investment decision analysisCommercial negotiationFinancial modelingOil & Gas experienceJoint Operating AgreementsAnalytical skillsCommunication skillsTeam collaborationAdaptability

Required

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

Benefits

Flexible working options

A generous paid parental leave policy

Excellent retirement benefits

Company

bp

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BP is an energy company providing oil, gas, and renewable energy solutions, alongside refining, trading, and shipping services worldwide. It is a sub-organization of Arcius Energy.

Founded in 1909