Finance Manager, Planning & Reporting - PM304

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.

We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

This is an exciting time to join us on this journey.  

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?

JOB TITLE: FINANCE MANAGER, PLANNING & REPORTING

KEY RESPONSIBILITIES:

• Responsible to drive end-to-end structured process for budget / business plan and forecasts to ensure a robust, high-quality and timely submissions to JV Partners, PETRONAS & the Petrofac Group, including all other budget-related submissions (e.g. additional budget request (ABR), budget transfers, WP&B appeals and clarification on conditional approvals)
• Ensure delivery of timely consolidated monthly PM304 management report, QPR, MCM, OCM, IOM and any other reporting requirements, with high quality variance analysis to enable management to focus on risks and opportunities and make decision on early corrective actions for potential overspending.
• Champions cost management (with specific focus on G&A) by proactively promoting cost optimization, cost transparency, understanding of costs as key drivers to deliver enhanced value
• Ensure correct reporting of actual and realistic plan and forecasts are submitted
• Build capabilities in own team by bringing the appropriate resources, strengthening the team through appropriate personal development initiatives and continuously optimising the resources and organisation structure.
• Ensure development and delivery of meaningful, multi-dimensional and high-quality analysis and reports for management information to enable PM304 Management to have better understanding of their spending against budget and continuously strive for cost optimisation;
• Work Program & Budget (WPB), Petrofac Group / Business Plan and Forecast – Overall responsibility for the process to deliver timely and high-quality submissions, critical review and provide challenge the overall budget and forecast submissions for PM304;
• Consolidate, provide comprehensive analysis and develop high-level story line of the WP&B / Business Plan / Forecast to facilitate understanding and approval by PM304 Management / JV Partners / MPM and IES / Petrofac Group.
• Managing process to identify G&A cost optimization and monitoring of costs, including threats and opportunities to meet cost targets
• Drive process improvement in area related to planning & reporting with the objective to achieve appropriate controls and better efficiencies.

ESSENTIAL QUALIFICATIONS AND SKILLS:

• Minimum bachelor’s degree in accounting / finance / business administration with professional accounting qualification (ACCA, CIMA, CPA, ICAEW, ANZCA).
• Minimum 10 years of working experience with a broad experience in finance in multinational environment.
• A candidate with prior involvement in budgeting, planning and management information activities and experience in the upstream oil and gas industry (particularly, PSC and JOA environment) is highly preferred.
• Experience in dealing with external stakeholders, in particular Joint Venture Partners & PETRONAS
• Proven ability to deliver under pressure, in challenging circumstances, with multiple demands and tight delivery timelines
• Experience liaising comfortably with asset management team members on key issues such as budget build-up, reviews, and cost management.
• Able to build and maintain good external working relationships with relevant counterparts in the planning department in PETRONAS and other teams in MPM.
• Skill in planning processes, performance management, and linkage to business decision-making.
• Strong analytical skills – capable of analyzing detailed information, sorting through incomplete data, and summarizing into high-level overviews to brief the Asset Management team and Departmental Heads on G&A-related matters.
• Effective verbal and written communication skills across all levels of the organization.
• Strong leadership and influencing skills – able to gain respect and credibility, particularly from senior members of the organization, while providing challenges on budget levels.
• Ability to influence the management team/Head of Departments to ensure high-quality deliverables are achieved within tight planning and forecast timelines.
• Comfortable with taking responsibility, including the flexibility to perform additional tasks, and being held accountable for delivering results.
• Value teamwork and collaboration to achieve results.

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