Financial Planning, Budgeting & Performance Analyst

About the role

The Financial Planning, Budgeting & Performance Analyst supports financial planning, forecasting, budgeting, performance monitoring and management reporting across the oil and gas business. The role gives financial insight to operational and commercial teams so they can make informed decisions on cost control, capital allocation and delivery of business objectives. It also evaluates operating performance, production economics and capital projects.

Key responsibilities

• Coordinate the annual budget and long-term business planning process, and develop integrated financial models for revenue, OPEX and CAPEX
• Prepare rolling and periodic reforecasts, and support asset-level, field-level and corporate financial plans
• Assist in economic evaluations of exploration, development and production projects
• Produce monthly management accounts, KPI dashboards and performance reports, and perform variance analysis
• Monitor production volumes, lifting and unit costs, CAPEX performance, revenue, commodity prices, cash flow and joint venture performance
• Work with Operations, Production, Drilling, Reservoir Engineering, Supply Chain and Commercial teams, and support investment appraisals and asset reviews
• Analyse operated joint venture interests, work programmes and budgets, partner billings and cash calls, and asset profitability
• Develop scenario and sensitivity analyses on oil and gas prices, production, drilling programmes and capital investments, and support reserves-based valuation
• Prepare cash flow forecasts, monitor working capital and support treasury planning
• Improve budgeting and reporting processes, support ERP and business intelligence systems, and drive automation

Required profile

• Bachelor's degree in Finance, Accounting, Economics or a related discipline
• Professional accounting qualification (ACA, ACCA, CIMA, CPA or equivalent)
• 3-7 years of experience in FP&A, commercial finance or performance management
• Experience in the oil and gas, energy or natural resources sector, and in upstream E&P environments
• Fluent Arabic and English (written and spoken)

Required skills

• Advanced financial modelling and analytical skills
• Microsoft Excel and financial modelling
• Power BI, Tableau or similar business intelligence tools
• ERP systems such as SAP, Oracle or Dynamics 365
• Variance analysis, cash flow forecasting, NPV/IRR investment appraisal and multi-currency reporting