Planning Analyst

Role Available in Houston, Texas or Denver, Colorado

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.

Key accountabilities include

• 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

Essential criteria & qualifications

• 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

Desirable criteria & qualifications

• 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

Salary and Benefits

We 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 role

Relocation Assistance: This role is not eligible for relocation

Remote Type: This position is a hybrid of office/remote working

Skills

• 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}