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BP Americas, Inc. Control Analyst in Denver, Colorado

109814BR

Job title:

Control Analyst

Segment:

Upstream

Req ID:

109814BR

Relocation available:

No

Travel required:

Yes - up to 10%

About BP:

BP's BPX Energy business (formerly known as the Lower 48) operates across a vast US geography, from Texas north through the Rocky Mountains. The business manages a diverse portfolio which includes an extensive unconventional resource base of about 7.5 billion barrels of oil equivalent across 5.5 million gross acres in some of the largest and most well-known basins in the US. Headquartered in Denver (Colorado), BPX Energy employs about 1,700 people across six states, operates more than 9,600 producing wells and has 70,000 royalty owners. Our vision is to be the premier, high return, onshore exploration and production company that consistently increases asset value. Our Wyoming operations are anchored on the giant Wamsutter tight gas field in the south central part of the state. In the San Juan area of Colorado and New Mexico we produce from tight gas sands and operate the largest coal-bed methane field in the US. Our Mid-Continent operations cover the prolific Anadarko, and is home to the famed East Texas basin, along with the Woodford shale gas play and Arkoma basin. We also have non-operating interests in over 10,000 wells across the US with substantial positions in both the Eagle Ford and Fayetteville shale basins. In 2018, BP completed a $10.5 billion acquisition of BHP's world-class unconventional oil and gas assets in the Permian-Delaware basin in Texas, along with two premium positions in the Eagle Ford and Haynesville basins in Texas and Louisiana. These assets currently produce 190,000 barrels of oil equivalent per day, of which about 45 percent are liquid hydrocarbons. The deal represents BP’s largest purchase since buying ARCO in 1999. It is a transformational acquisition for our BPX Energy business which gives the BPX Energy team access to some of the best acreage in some of the best basins in the onshore U.S.

Job Family Group:

Finance Group

Job Profile Summary:

The Control Analyst role is responsible for providing accounting, reporting, and control (ARC) support for BPX Energy upstream and midstream business units (BUs). The analyst not only has responsibility in an advisory capacity for correct application of policies and processes, but to ensure the integrity of actuals for the BUs. The analyst interacts with teams across the BU landscape to ensure alignment and to coordinate / gather data and address issues.

Time Type:

Full time

Country:

United States of America

Location:

United States - Colorado - Denver

Job advert:

Role synopsis The Control Analyst role is responsible for providing accounting, reporting, and control (ARC) support for BPX Energy upstream and midstream business units (BUs). The analyst not only has responsibility in an advisory capacity for correct application of policies and processes, but to ensure the integrity of actuals for the BUs. The analyst interacts with teams across the BU landscape to ensure alignment and to coordinate / gather data and address issues.

Key accountabilities

  • Support business and seek opportunities to drive innovation and efficiencies between the teams;

  • Support business initiatives and assist in delivery of business targets;

  • Advise business on accounting and control matters, seek to influence and assure sound business decision making processes;

  • Maintain effective control environment, assure compliance with accounting policy;

  • Monitor the operating effectiveness and efficiency of internal controls, identify and mitigate risks and gaps, eliminate unnecessary complexity;

  • Provide support to validation of BU actuals by completing monthly cost reviews and analysis;

  • Lead quarterly due diligence process;

  • Provide governance assurance prior to operational activities ;

  • Delegation of Authority (DoA) oversight and control via maintenance activities, guidance, and communication within the BUs;

  • Support BU partner audits;

  • Liaise with Outsource Accounting Provider on recurring basis regarding standard and ongoing accounting activities.

Essential Education Bachelor’s Degree in Accounting/Finance/Business, or related disciplines.

Essential experience and job requirements

  • 3-5+ years accounting/financial experience in the oil & gas industry;

  • Strong analytical skills;

  • Sound understanding of E&P and Midstream business;

  • Experience with SAP/SAP PRA/SAP HANA;

  • Experience with Spotfire application, PowerBI or other data reporting/analytical tools and utilizing these tools to streamline/automate processes;

  • Strong skills using Microsoft Office products;

  • Familiarity with accounting and financial control policies / practices.

Other essential skills and knowledge

  • Motivated, self-starter enthusiastic about affecting change;

  • Ability to work simultaneously on multiple projects, at times with conflicting priorities with a strong track record of delivery;

  • Ability to collaborate and build alignment with individuals and within multi-discipline teams.

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