Associate Cost Analyst, Onshore Operations

About the role

The Associate Cost Analyst will support the Onshore Operations teams and will be accountable for facilitating the monthly operating expense (OPEX) outlook process. The position will leverage established tools, systems, and processes to coordinate, consolidate, and maintain the monthly OPEX outlook, providing transparency into expected operational spending and supporting effective financial planning and performance management. The role will work closely with Operations, Accounting, and Management Information Systems to ensure timely and accurate outlooks that support company performance and financial goals.

Responsibilities

• Prepares financial performance reports for management and associated analysis.
• Performs financial analysis of key business initiatives and strategic objectives.
• Supports finance and planning needs in the Asset
• Coordinate with field personnel to ensure accurate data entry.
• Serve as the subject matter expert for relevant SAP systems and processes to ensure business needs are fulfilled.
• Manage and track all group/team KPI’s as required.
• Performs budgeting, forecasting, long range planning and variance review activities.
• Identify and perform gap analysis on variations between actuals versus budgets to advise internal clients accordingly.
• Operate with a high degree of independence and autonomy, demonstrated by strong planning, organizational, time management and decision-making skills
• Implement, administer, and maintain CAPEX and OPEX control processes to track and report project budgets, commitments, expenditures, forecasts, and accruals.
• Perform ad hoc financial support/review as needed

Qualifications

• Bachelors degree in Finance, Business Administration, or Engineering
• Minimum 3 years’ experience in oil and gas financial and cost analysis within field operations
• Proficiency with SAP required, preferably in modules related to cost management, project systems and financials
• Proficiency with Microsoft Office Suite (Excel, PowerPoint, Word)
• Knowledge of applications, technologies, and tools for gathering, reporting, analyzing, and forecasting data, such as Hyperion, Spotfire, etc.
• Excellent analytical and problem-solving skills combined with strong verbal and written communication skills to partner effectively with field operations, engineering, and management
• Working knowledge of cost accounting concepts
• Applied knowledge of planning & cost analysis

The individual is required to follow all applicable safety precautions. Work is performed almost entirely in a controlled (i.e., inside) environment and does not typically subject the incumbent to any hazardous/extreme elements; some positions may require regularly moving or transporting items weighing up to 25 lbs. around the office for various needs. The successful candidate must be able to complete all essential physical requirements of the job with or without reasonable accommodation.