Wells Cost Controller & Fixed Asset Analyst
Wells Finance Analyst
The position will provide Finance support to the Wells Operations team based in Oman and is integral part of the Wells business team. The Well Operations team in Oman comprises of approximately 50 staff, and is responsible to execute safely the drilling, test and frac activities. This Wells finance analyst will be an active virtual business partner from FO Krakow that will co-own the Global Well Delivery Process delivering credible opportunities, competitive delivery and affordable execution.
Performance Management, Cost Transparency and Appraisal:•Prepare and support regular cost meetings to ensure cost awareness and provide cost transparency with rig teams.
•Challenge and support business teams to enable cost conscious decision-making.
•Accountable for facilitation of Performance Management and Appraisal processes of business teams and ensure ongoing focus on value delivery and Key Performance Indicators.
Accounting, Finance, Governance & Reporting processes:•Assure compliance to organizational, governance and partner procedures and agreements.
•Supporting business planning, target setting and budgeting processes for Wells costs.
•Responsible that project (financial) results are correctly recorded & reported in the ERP (SAP).
•Accountable for finance support and all internal and external Wells reporting including initiation of timely setup of Project Account codes per agreed activity planning.
•Responsible for Rig related balance sheet accounts and cost allocation to wells.
•Assure process for and compliance with budget controls.
•Accountable for end-of-well accounting activities, including well reconciliations and tracking actual costs versus approved estimate in economics.
•Provide input and respond to Wells-related audit queries and accounting policy questions.
Business Planning•Co-operation with asset planners and engineers
•Drilling sequence review and analysis
•Master data creation
•Submission into SAP
Latest Estimate•Drilling sequence analysis
•Master data creation
•Preparation and review of LE with Wells team and coordination of R1 submission
•Provides inputs to Business Performance Review meetings
Quarterly Appraisal•Coordinates Wells QPA process
•Discuss the content with Wells business conducting QA/QC
•Supports quarterly business review call with Wells VP
Other value drivers•Wells Materials Management
•Wells Operations departmental costs
•Process Continous Improvement