Finance/Cost Control Business Partner (outside IR35)

Finance/Cost Control Business Partner (outside IR35)

Posted 4 days ago by Telosta

Negotiable
Outside
Hybrid
London Area, United Kingdom

Summary: The Finance Business Partner for Controls & Time Recording will oversee financial controls, time recording integrity, and cost allocation processes within upstream oil and gas operations. This role is crucial for enhancing internal controls, driving efficiency, and ensuring integration with SAP systems. The position requires collaboration with various teams to maintain accurate time reporting and improve cost transparency. The role is classified as outside IR35 and is based in London with hybrid working arrangements.

Key Responsibilities:

  • Act as the finance lead for all matters relating to time recording, labour cost allocation, and controls.
  • Partner with operational and HR teams to ensure accurate time reporting and appropriate allocation of costs to projects, cost centres, and AFE structures.
  • Maintain and enhance time recording policies and procedures in compliance with internal controls and external audit standards.
  • Lead periodic reconciliation and audit processes related to time data, ensuring consistency between SAP, HR systems, and project systems.
  • Support monthly and quarterly closing processes with time data validation and cost reviews.
  • Develop and maintain internal dashboards and reports for time/cost tracking and variance analysis.
  • Collaborate with SAP functional teams to optimise time recording workflows and system enhancements.
  • Drive continuous improvement initiatives in financial control and data integrity.
  • Act as a subject matter expert for internal and external audits on time recording and control compliance.

Key Skills:

  • Proven experience as a Finance Business Partner, Financial Controller, or similar role with a focus on controls and time reporting.
  • Strong working knowledge of SAP (FI/CO, HR, PS, or CATS modules).
  • Background in upstream oil & gas or project-based industries preferred.
  • Strong analytical skills with the ability to interpret data and communicate insights.
  • Familiarity with UK SOX/internal control frameworks and best practices.
  • Excellent stakeholder management skills across finance, operations, and technical teams.
  • Proactive, detail-oriented, and solution-focused mindset.
  • Bachelor’s degree in Accounting, Finance, or related field (ACCA/CIMA/ACA preferred).
  • SAP certification or demonstrable hands-on experience with SAP environments.
  • Understanding of UK GAAP/IFRS and cost allocation methodologies.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: outside IR35

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Finance Business Partner – Controls & Time Recording (outside of IR35) London, UK (Hybrid) Contract - Outside IR35, Oil & Gas (Upstream)

Role Overview

We are seeking a highly motivated Finance Business Partner to lead on financial controls, time recording integrity, and cost allocation processes within our upstream oil & gas operations. This role will play a critical part in enhancing internal controls, driving efficiency, and ensuring robust integration with SAP systems. You will collaborate closely with finance, operations, HR, and IT teams to maintain accurate time reporting, improve cost transparency, and support overall financial governance.

Key Responsibilities

  • Act as the finance lead for all matters relating to time recording, labour cost allocation, and controls.
  • Partner with operational and HR teams to ensure accurate time reporting and appropriate allocation of costs to projects, cost centres, and AFE structures.
  • Maintain and enhance time recording policies and procedures in compliance with internal controls and external audit standards.
  • Lead periodic reconciliation and audit processes related to time data, ensuring consistency between SAP, HR systems, and project systems.
  • Support monthly and quarterly closing processes with time data validation and cost reviews.
  • Develop and maintain internal dashboards and reports for time/cost tracking and variance analysis.
  • Collaborate with SAP functional teams to optimise time recording workflows and system enhancements.
  • Drive continuous improvement initiatives in financial control and data integrity.
  • Act as a subject matter expert for internal and external audits on time recording and control compliance.

Required Experience & Skills

  • Proven experience as a Finance Business Partner , Financial Controller, or similar role with a focus on controls and time reporting .
  • Strong working knowledge of SAP (FI/CO, HR, PS, or CATS modules) .
  • Background in upstream oil & gas or project-based industries preferred.
  • Strong analytical skills with the ability to interpret data and communicate insights.
  • Familiarity with UK SOX/internal control frameworks and best practices.
  • Excellent stakeholder management skills across finance, operations, and technical teams.
  • Proactive, detail-oriented, and solution-focused mindset.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field (ACCA/CIMA/ACA preferred).
  • SAP certification or demonstrable hands-on experience with SAP environments.
  • Understanding of UK GAAP/IFRS and cost allocation methodologies.