Cost Excellence Specialist- TSI

Entity:

Production & Operations

Job Family Group:

Operations Group

Job Description:

About bp

bp Technical Solutions India (TSI) centre in Pune, aims to build on bp’s existing engineering and technical strengths to deliver high quality services to its hydrocarbons and new energy businesses worldwide. TSI brings together diverse engineering capability to provide technical services across a range of areas including engineering, maintenance, optimization, data processes, projects and subsurface, to deliver safe, affordable and lower emission energy, while continuously innovating how we work. 

At bp, we’re reimagining energy for people and our planet. We’re leading the way in reducing carbon emissions and developing more sustainable methods for solving the energy challenge. We’re a team with multi-layered strengths of engineers, scientists, traders and business professionals determined to find answers to problems.

Job Description:

As bp transitions to an integrated energy company, maintaining cost competitiveness, commercial visibility, and operational discipline is essential to delivering safe and efficient operations.

The Cost Excellence Specialist plays a key role in enabling data-driven decision making, commercial visibility, and cost optimization across GoA operations. Working as part of the Cost Excellence capability within the bp Technology Hub, the role combines commercial, analytical, and operational expertise to improve spend visibility, identify cost reduction opportunities, strengthen governance, and support sustainable cost performance improvement.

This role partners closely with Procurement, Finance, Operations, Contract Account Managers (CAMs), and business leaders to translate data into actionable insights, improve commercial decision-making, and drive cost excellence across the organization.

Key Responsibilities

Commercial Visibility & Contract Intelligence

• Develop and maintain Contract Briefs that summarize key commercial terms, pricing structures, scope boundaries, governance requirements, and contractual obligations.
• Improve visibility of commercial commitments and cost drivers to support informed business decisions.
• Identify cost control opportunities, potential value leakage, non-billable elements, and contractual risks.
• Collaborate with Procurement, CAMs, and business collaborators to validate insights and support contract compliance.
• Maintain secure and controlled repositories of approved commercial information.

Cost Analytics & Business Intelligence

• Develop, maintain, and enhance Power BI dashboards that provide awareness of spend, suppliers, categories, and asset performance.
• Transform complex operational and financial data into actionable insights for leadership and collaborators.
• Analyze trends, cost drivers, spend patterns, and areas of financial exposure.
• Support automation initiatives that reduce manual reporting and improve data quality and accessibility.
• Deliver reporting and insights that enable faster and more informed decision-making.

Cost Optimization & Category Insights

• Conduct category-level spend analysis to identify savings opportunities and performance improvement initiatives.
• Support development of benchmark datasets and commercial intelligence to strengthen sourcing strategies and supplier negotiations.
• Evaluate impacts of process improvements, commercial strategies, and governance initiatives.
• Partner with Procurement and business teams to identify and track realized value from cost optimization efforts.

Cost Governance & Operational Discipline

• Drive closure of aged Purchase Orders to improve financial accuracy and reduce unnecessary exposure.
• Monitor contracts approach expiration and support timely contract closure activities.
• Support governance processes that improve spend control, reporting accuracy, and compliance.
• Assist with management of price books, commercial controls, and cost tracking processes.

Continuous Improvement & Work Management

• Maintain visibility of Cost Excellence activities through Azure DevOps (ADO) and other work management tools.
• Track delivery of initiatives, improvements, and collaborator requests.
• Find opportunities to streamline processes, automate reporting, and improve overall efficiency.
• Support development of scalable tools, processes, and governance frameworks that strengthen organizational cost management capability.

Stakeholder Collaboration

• Build strong partnerships across Procurement, Finance, Operations, Planning, and Leadership teams.
• Serve as a trusted advisor on cost visibility, commercial clarity, and governance matters.
• Present findings, recommendations, and performance insights to collaborators at multiple organizational levels.
• Support training, knowledge sharing, and adoption of Cost Excellence tools and practices.

Essential Skills and Qualifications

Commercial & Contract Management

• Strong understanding of contract structures, pricing mechanisms, commercial terms, and supplier relationships.
•  Ability to interpret contractual requirements and identify commercial risks or opportunities.

Data Analytics & Business Intelligence

• Advanced analytical skills with the ability to transform large datasets into substantial insights.
• Proficiency with Power BI, Excel, and reporting tools.
• Experience developing dashboards, important metrics, and automated reporting solutions.

Cost Management & Financial Foresight

• Understanding of cost drivers, budgeting, forecasting, spend analysis, and financial controls.
• Ability to quantify business impact and support value realization tracking.

Process Improvement & Governance

• Experience driving process improvements, governance initiatives, and operational discipline.
• Strong attention to detail and ability to run multiple priorities simultaneously.

Collaboration & Influencing

• Strong communication and collaborator leadership skills.
• Ability to influence outcomes across cross-functional teams without direct authority.
• Self-starter who thrives in a dynamic and evolving environment.

Essential Education & Experience

• Bachelor’s degree in supply chain, Procurement, Finance, Engineering, Business, Data Analytics, or a related discipline.
• 10+ years of relevant experience in procurement, supply chain, cost management, finance, commercial operations, contract management, or related business functions.
• Demonstrated experience analyzing spending, cost drivers, supplier performance, and commercial data to support business decision-making.
• Experience working with contracts, commercial terms, pricing models, and supplier governance processes.
• Experience developing insights and recommendations using data visualization and reporting tools such as Power BI and Excel.
• Proven ability to influence stakeholders across Procurement, Finance, Operations, and Leadership teams.
• Experience working with ERP systems and enterprise data sources.
• Strong communication skills with the ability to translate complex data into actionable business insights.

Preferred Experience

• Experience in oil and gas, energy, manufacturing, or other asset-intensive industries.
• Experience supporting category management, strategic sourcing, supplier negotiations, or commercial strategy development.
• Experience building Power BI dashboards and automated reporting solutions from multiple data sources.
• Experience identifying and tracking cost savings, cost avoidance, and value realization opportunities.
• Familiarity with contract lifecycle management, purchase order governance, and spend control processes.
• Experience supporting continuous improvement, process optimization, or business transformation initiatives.
• Knowledge of benchmarking methodologies, should-cost analysis, and commercial analytics.
• Exposure to Azure DevOps (ADO), Power Automate, SharePoint, and related digital productivity tools.
• Professional certifications such as CPSM, CIPS, PMP, Lean Six Sigma, or equivalent.

Working Hours - 2pm - 11pm IST

Why Join our team?

At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly. Diversity Statement: At bp, we provide an excellent environment and benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others!

Diversity sits at the heart of our company and as an equal opportunity employer, we stay true to our mission by ensuring that our place can be anyone's place. We do not discriminate based on race, religion, colour, national origin, gender and gender identity, 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 and interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Travel Requirement

Up to 10% travel should be expected with this role

Relocation Assistance:

This role is eligible for relocation within country

Remote Type:

This position is not available for remote working

Skills:

Maintenance Planning, Maintenance Scheduling, Operations readiness planning, Operations turnaround coordinating, Operations Turnaround Preparation, Site operating procedure development, Turnaround common process, Turnaround Planning, Turnaround pre-start-up assurance, Turnaround Scheduling, Turnaround scoping, Work Packaging

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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 contact us.

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.