Senior Finance Advisor, Castrol Global Functions

BP

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 2 months ago
Entity: FinanceJob Family Group: Finance GroupJob Description:Are you ready to join a team that’s driving the future of lubricants & beyond and setting new industry standards? Discover how our diverse and passionate people at Castrol are shaping the industry – and how you can be part of this journey.We’re seeking dedicated experts who share our passion for innovation and perfection. Bring your outstanding perspective, collaborative spirit, and challenge our thinking as we continue to own the way in the lubricant's market & build businesses beyond lubricants. This is your chance to learn, grow, and thrive in a dynamic and inclusive organization.Apply now!Castrol is a global leader in lubricants and part of the bp Group, one of the world’s largest energy companies. At Castrol, success knows no bounds. We offer a fast-paced learning environment where you can develop your career, whether in specialized functions or on a general management track.We are currently looking for Senior Finance Advisor, Castrol Functions based at Mumbai with details mentioned below.Here are the job details !Job Purpose - This role is a key member of the Castrol Functions Finance team supporting the Global Marketing team, Global Accounts Management team and other central functions.The role is based at Mumbai.This role sits within the Castrol Functions Finance team and is accountable for delivering business planning and performance management and business partnering support for Global Marketing, Global Accounts Management (GAM), and other Head Office central functional teams. The role is a multi-discipline one, encompassing aspects of both planning and performance management, and certain control-related activities. The role requires excellent engagement skills and the ability to manage multiple conflicting priorities while meeting stakeholder expectations, maintaining a proactive business partnering relationship between finance and the relevant business teams.Key AccountabilitiesPerformance Management: working closely with dedicated support from the Finance & Business Technology (FBT) team, help to prepare timely, accurate, and reliable financial and management information to support business decisions. Develop and explain material for business performance leadership team discussions, including key messages, analysis, and insights. Provide performance insights to business stakeholders with a strong focus on managing costs.Business Partnering and Performance Insights: build and maintain a proactive business relationship with relevant Business/Function Leadership teams. With dedicated FBT support, drive the Performance Management agenda, ensuring robust and timely forecasts and delivery of MI analysis and commentary.Monitor and support cost reduction initiatives and ensure effective tracking and accurate analysis of costs. Support ad-hoc and strategic business decisions.Actuals Analysis: working closely with dedicated FBT support, analyse monthly/quarterly actuals, including trend analysis and explaining actuals vs. forecasts. Highlight areas where performance is behind or ahead of plan and suggest potential interventions. Work with Global Marketing team to understand and explain movements in Global ASPBusiness Planning: working closely with dedicated FBT support, play a key role in developing the long-term plan and annual plan update process. Coordinate the plan for Global Marketing, GAM and Castrol Head Office teams, analyse plan data in SAP based systems, and output in PowerBI reports. Prepare presentation material, including commentary, and answer follow-up questions from leadership or central finance teams.Economic Evaluation: support the business teams in performing economic analysis to evaluate the financial viability of various projects or scenarios. Review and develop insights into economic drivers and sources of value for the business, while providing robust challenge to assumptions made by the business.Control Environment: perform various control-related tasks including maintenance of DOA, GRIR analysis, monitoring and setup of intercompany recharges for functional employees, review of cost pools for global marketing recharges, fixed asset review and due diligenceRecharges: play a key role in the global royalty and residual fee process, including confirming the accuracy and completeness of business performance reporting, reconciliation to underlying financial data/ forecasting, variance commentary and addressing business queries in relation to the intercompany charges. Assist the CFO delegate in providing overall sign-off of recharge calculation (
$600m in 2024).Simplification: promote the use of standard systems and reports, and work towards continued standardization and simplification of performance management processesEducation & Experience
  • Degree in a Degree in Business and/or Finance or equivalent
  • 15 years of experience in a commercial finance roles preferably within the context of FMCG industry
  • Expert knowledge and application of Plan to Perform processes, including digital literacy and analysis.
  • Excellent analytical and insight capabilities, with a focus on continuous improvement in performance management and MI.
  • Strong communication skills, capable of translating sophisticated requirements into simple outcomes.
  • Strategic vision and business leadership: ability to see the big picture, anticipate issues including financial implications and create solutions in support of financial objectives.
  • Ability to gain trust from business stakeholders and drive performance.
  • Outstanding experience in working with financial systems such as SAP, Microsoft products and visualization tools such as Power BI.
  • A positive role model for business integrity, values and behaviors.
  • Ability to work within and across large, globally diverse teams and cultures.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.Travel Requirement Up to 10% travel should be expected with this roleRelocation Assistance: This role is eligible for relocation within countryRemote Type: This position is not available for remote workingSkills: Accounting policy, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Business process control, Business process improvement, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial Reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting, Risk Management, Stakeholder Management {+ 2 more}Legal Disclaimer:We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please .If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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