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Product Costing Analyst

BP

Product Costing Analyst

BP

Hungary - Budapest

·

On-site

·

Full-time

·

1w ago

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Join our Team and advance your career as a Product Costing Analyst

As a Product Costing Analyst, you will calculate, validate, and analyze product costs, maintain SAP master data, and support month-end closing activities. You will play a key role in ensuring accurate cost simulations, transfer pricing, and compliance with Minimum Control Expectations (MCE).

In this role You will:

Master Data Management:

  • Control moving average price (MAV) variation
  • Calculate, validate, and populate product costs into SAP
  • Update logistics business processes and (Z) conditions in SAP
  • Maintain MM condition tables, mark-up rates, and in-plant loss rates
  • Update manufacturing activity types, additive costs, costing lot sizes, and subcontracting fees
  • Perform product cost simulations and dry-run tests

Month-End Activities:

  • Prepare and validate monthly transfer price lists; clarify deviations
  • Support stock valuation, SLOBS, MM condition reversal, process orders, and aged debt analysis
  • Manage over/under recovery and inventory stock count adjustments

Performance & Control:

  • Extract and control SAP reports for SCI line
  • Prepare slide packs for PCTP meetings and supply chain templates
  • Support continuous improvement projects and IT initiatives (e.g., SAP NIKE releases)
  • Maintain strong business partner relationships with Supply Chain while ensuring independent finance oversight

What You will need to be successful:

Essential Education

  • Recognized Accounting Qualification or Degree in Economics
  • Fluency in English (additional language is a plus)

Essential Experience & Skills

  • Experience in finance roles, preferably product costing or supply chain controlling
  • Strong analytical skills and ability to interpret large data sets
  • Advanced Excel skills; IT literate
  • Excellent communication skills (written and spoken English)

Additional Information

  • Experience with SAP CO & MM modules, BW, and Access
  • Performance management and reporting experience
  • Strong interpersonal skills and ability to work under pressure
  • Team player with continuous improvement mindset

At bp, we provide the following environment & benefits to you:

  • Different bonus opportunities based on performance, wide range of cafeteria elements
  • Life & health insurance, medical care package
  • Flexible working schedule: home office up to 2 days / week, based on team agreement
  • Opportunity to build up long term career path and develop your skills with wide range of learning options
  • Family friendly workplace e.g.: Extended parental leave, Mother-baby room
  • Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
  • Possibility to join our social communities and networks
  • Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

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 fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life.

Disclaimer: Please note that, according to Hungarian law (2012/I. 113. §), mothers or single parents caring for a child under three years of age cannot be employed in night shift positions.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

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 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.

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About BP

BP

BP

Public

BP is a British multinational oil and gas company engaged in the exploration, production, refining, and marketing of petroleum products. The company operates across all areas of the oil and gas industry including upstream exploration and production, downstream refining and marketing, and renewable energy investments.

10,001+

Employees

London

Headquarters

Reviews

3.3

17 reviews

Work Life Balance

2.0

Compensation

2.5

Culture

1.5

Career

2.0

Management

1.2

15%

Recommend to a Friend

Pros

Competitive compensation packages offered

Stable employment for some periods

Regular performance reviews and raises

Cons

Mass layoffs and cost-cutting measures

Toxic management and harassment

Poor severance packages

Salary Ranges

0 data points

L2

L3

L4

L5

L6

L2 · Business Operations L2

0 reports

$8,778

total / year

Base

$3,511

Stock

$4,389

Bonus

$878

$6,145

$11,411

Interview Experience

6 interviews

Difficulty

3.2

/ 5

Duration

14-28 weeks

Offer Rate

50%

Experience

Positive 0%

Neutral 83%

Negative 17%

Interview Process

1

Application Review

2

HireVue Screening

3

Technical Phone Screen

4

Onsite/Virtual Interviews

5

Offer

Common Questions

Coding/Algorithm

Technical Knowledge

Behavioral/STAR

System Design

Past Experience