Analyst – Budgeting, Reporting & Analysis


Job Title Analyst – Budgeting, Reporting & Analysis
Line manager Lead Analyst – Budgeting, Reporting & Analysis
Location Edinburgh
Department Operational Finance


To be the Single Point of Contact (SPOC) for all budgeting, reporting and analysis for agreed operated and non-operated Upstream assets, including consolidated views


Budgeting, reporting and analysis

  • Responsible for the provision of complete and accurate budgets, forecasts and variance analysis for agreed operated and non-operated Upstream assets, working to agreed timetables on a monthly, quarterly, and annual basis
  • Ensure that variances (actuals versus budgets/ forecasts and actuals vs AFEs) are fully explained and communicated to relevant internal and external stakeholders
  • Responsible for Opex cost analysis and KPI monitoring (e.g., $/ BOE), adopting a continuous improvement approach and recommending changes to KPIs, where appropriate, in line with asset Lifecyle stage
  • Review monthly timewriting versus expectations for areas of responsibility and ensure quarterly approvals for operated assets are completed to timetable
  • Responsible for the preparation of presentations/ summaries of information (manpower/ timewriting/ costs) for various internal (asset reviews/ budget reviews/ QPRs/ adhoc requests) and external (TCM/ FCM/ OCM) meetings
  • Ensure financial requirement compliance of Licences, Joint Operating Agreements, Production Sharing Agreements or Contracts, and other relevant agreements or legislation as required
  • Review and update, where necessary, policies, processes and procedures documents and recommend changes, where appropriate

Systems and processing

  • Actively assist with the review, implementation, maintenance and development of financial systems, procedures and controls necessary to efficiently and effectively report and analyse activities for operated and non-operated joint ventures in an accurate, relevant and timely manner
  • Ensure that new assets are appropriately integrated into operational reports, reporting processes and schedules



  • Minimum undergraduate degree – preferably in accountancy, economics or finance
  • Qualified Accountant – CA, ACA, ACCA, CIMA.

Relevant Experience/ Skills 

  • Relevant experience working in Upstream production environment (required)
  • Relevant experience working in Upstream exploration (preferred)
  • Joint Venture Accounting knowledge (required)
  • Reporting and analysis experience (required)
  • Strong systems and data manipulation skills (required)
  • Strong Microsoft Office suite skills (required)
  • Excellent interpersonal skills (required)
  • Ability to work on own initiative and take ownership of responsibilities to ensure deadlines are met (required)
  • Good written and verbal communication skills (required)
  • Good attention to detail (required)
  • Good organisational skills (required)
  • Ability to work to deadlines (required)
  • Keen, flexible attitude (required)
  • Ability to work effectively with team(s) in remote office locations (required)

Company Values and High Performing Behaviours


  • Respect
  • Relationships
  • Responsibility

High Performing Behaviours

  • Be Entrepreneurial
  • Be Empowered
  • Be Collaborative
  • Be Safe
  • Be Focused
  • Be Open
  • Be a Leader