Hydrogen and Renewables Commercial Analyst

Job Profile SummaryAt bp, we're striving to meet the growing global demand for safe, sustainable, and affordable energy. As part of this ambition, bp is looking to significantly grow its Hydrogen and Renewables businesses (Solar and Wind). To help deliver this, the Hydrogen and Renewables Finance team works with the business to help them evaluate, prioritize and progress their projects by providing them with access to expert commercial and financial skills, advice and guidance.
As the Hydrogen and Renewables Commercial Analyst, you will work on one or more of the projects bp is progressing. You will be responsible for supporting/leading a broad range of business activities, including development of the commercial strategy, project economic analysis, deal shaping, the development of the Business case, and investment governance. You will be a critical team member who will see all aspect of the project and help to integrate and summarise them. This role will report to the Senior Commercial/Finance Manager.
Job AdvertKey Accountabilities:
Responsible for developing insightful economic evaluations and managing investment appraisal processes for LCE businesses, including:
• Own and manage the project economic models and business case, (incl. project finance models) for the appraisal of investments in renewables projects.
• Develop insightful project economic analysis and provide insights that help develop the optimal deal structure (pricing models, financing options, lowest cost analysis of competitors and cost assumptions)
• Acting as a Subject Matter Expert and key point of contact for financial modelling and the economic evaluation of new projects
• Developing business cases, management presentations and governance documentation to support internal business/investment decisions
• Partnering with project teams, helping them uncover value drivers and risks in their projects and ensuring value creation for bp pre- and post-investment.
• Supporting the development of bp's Low Carbon Energy strategy through the development of portfolio tools and market analysis.
• Supporting integration of successful transactions into the bp LCE portfolio.
• Support the internal and external stakeholder and partner management processes including the day-to-day management of ongoing businesses and leading the development of growth opportunities.
• Identification of technology options to simplify, standardize, and automate reports and economic models
Essential Education:
• Bachelor's Degree in Finance, Economics or equivalent business degree.
• CFA, CIMA or equivalent is a plus
Essential Skills and Experience:
• Proficiency in MS Excel and experience at building detailed financial models.
• Experienced at using commercial analysis to support the development of innovative commercial solutions in complex value chains and can assess business and financial risks
• Ability to challenge assumptions and model inputs
• Deep commercial acumen demonstrated in prior roles and can translate commercial arrangements into financial models.
• Ability to manage multiple/conflicting priorities with a strong track record of delivery
• Can apply financial and accounting concepts to financial models and has the ability to analyse financial statements (P&L, Balance Sheet and Cash Flow)
• Analytical skills - ability to understand data quickly and draw out key messages and insights while maintaining rigor and attention to details
• Able to confidently to present to business leaders
• Advanced MS Word and MS Power Point skills
Desirable criteria:
• Experience and/or understanding of drivers of renewable energy, power industry and gas value chain businesses
• Understands debt and equity structures, including off-balance sheet financing and joint venture arrangements, and hedging instruments
• Proficient with data science applications and/or Python
• Experience of Power BI
• Experience with, or a good understanding of Agile ways of working
EntityFinance
Job Family GroupFinance Group
Relocation availableNo
Travel requiredYes - up to 10%
CountryUnited Kingdom
About BPFINANCE
Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work.
For you this means working with us on:
Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence.
Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market.
Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities.
Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance.
Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic background, neurodiversity/neurocognitive functioning, 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 accommodations.