Job description
At H&P, our people are our strength.
Since 1920, Helmerich and Payne has been the industry’s most trusted partner in drilling productivity and reliability. As the world changes, so does our approach. We are changing the landscape of drilling by using cutting-edge rig technologies and drilling solutions to build upon a century of success, all while continuing to deliver better outcomes for our customers.
At H&P, our people are our strength. We strive to continually lead with our Core Values that enable employees to develop on their H&P Journey. We believe that doing the right thing means creating a more diverse, equitable, and inclusive workplace that empowers our people to bring their authentic selves to work every day.
Some companies offer career paths. We offer a Journey of a Lifetime. Let's go far, together.
Hear directly from our employees, and leaders about their
unique journeys at Helmerich and Payne
.
#LI-Remote - Tulsa or Oklahoma City, OK
AT A GLANCE:
The IT Budget Analyst will manage the IT Expense and Capital Plan Budget by serving as a liaison between IT Executive Leaders, Financial Planning, and Accounting for budgeting, reporting, and tracking needs. The IT Budget Analyst will create and maintain budget work products and create management-level presentations for monthly financial analysis.
WHAT YOU WILL DO:
- Work with IT Leaders and business partners to build the IT Capital and Expense Plan and obtain proper approvals, and ensure budget targets are met
- Maintain and prepare financial analysis, impact and projections for IT steering committee meetings and decisions
- Partner with IT Leadership, Finance, Stakeholders, and Accounting to develop and track monthly forecasted spend and variance analysis
- Ensure governance controls are maintained and proper approvals are in place for capital and expense initiatives
- Ensure IT invoices are received and paid timely. Highlight variances to plan with budget owners and leadership for awareness and reforecasting
- Track capitalization of resources against Capital Plan budget and ensure project time is capitalized appropriately
- Proactively evaluate project trends and forecast data to identify potential financial impact activities
- Identify and promote process improvements by creating and maintaining financial reports, trend analysis, and dashboards using various products (such as Power BI, Excel, and Hyperion) to track KPI Metrics and Performance
- Ensure IT Capital and Expense spend is linked to approved initiative/budget, purchase orders are opened and approved timely, correct GL coding applied to all invoices, accurate monthly accruals for pending invoices/spend, all spend recorded to the appropriate month and cost centers
- Work with the Enterprise Program Management Office to determine the appropriate level of funding required to design, develop, and deliver services that meet the organizational strategy, while considering the quality of requirements and risk factors
- Develop metrics through monthly meetings with budget managers to create predictability of revenue and expenditures and reduce risk of over-spending
- Provide education of the Hyperion budget tool on an ongoing basis to new managers
- Support the development and maintenance of the annual budget process for IT
- Perform ad hoc reporting, financial and statistical comparative analyses, variance analyses, trend information, benchmarking, new program review, financial projections, and financial and statistical models for Finance and for department managers with support from IT managers and other team members
- Assist with consolidation of individual departmental budgets into operating budget summaries. Identifies changes in submitted expense budgets and provides detailed analytics and explanations around any significant changes made.
- Consolidate all the individual data for the final budget presentation
- Review of department budgets for accuracy and appropriateness and makes recommendations
- Work with IT Leadership to resolve any issues with submissions
- Work with department managers to educate, advise, and interpret the relationship of processes to reports; troubleshoot, resolve problems, and reconcile balances, including providing written analyses, explanations, and interpretations of all aspects of financial and budgeting processes
- Assist with the production and analysis of regularly scheduled financial reports.
- Interprets, reviews, summarizes, and presents financial results, highlighting areas of concern and significant variances
- Prepare and distribute various analytical reports for financial statement processing and as necessary for committee meetings, for example, Hiring Committee
- Maintain in an organized manner all budget-supporting backup in various media for review
- Work with vendors and consultants
- Travel up to 10% of the time for in-person meetings at Tulsa Headquarters and other business needs.
WHAT YOU NEED:
- Bachelor’s degree in Accounting, Finance or similar field required
- Create and perform financial forecasting and trend analysis
- Experienced in Capital Plan financials, budgeting and planning, quantitative / statistical analysis, predictive modeling, and data processing.
- Must have strong skills in developing monthly and ad-hoc reports using Excel
- Must have strong communication skills, written and verbal, at all levels of the organization
- Resilient under pressure
- Strong attention to detail
- Takes initiative, ownership, and accountability for job responsibilities
- Ability to clearly explain variances and make recommendations to upper management about financial implications
- Ability to clearly explain the appropriate procedures and required controls to upper management
- Ability to evaluate budgetary analytics and understand content within the data Knowledge of Budgetary Systems, reporting programs, and networks, with the ability to identify opportunities for enhanced practices
- Ability to work with all levels of employees and management. Primarily works with operations, engineering, support services and IT.
NOT A MUST, BUT A PLUS:
- Certified Public Accountant (CPA) preferred
- 5+ years working with IT Financial Management preferred
- Power BI and Hyperion experience a plus
WHAT WE OFFER:
At H&P, our commitment to our people is at the forefront, and that includes benefits that provide employees a sense of health and financial security. We know that life continues outside of employment and actively caring of our people is our priority.
- Comprehensive medical, dental, vision, and life insurance
- Flexible Spending or Health Savings Accounts
- 401k match
- Paid Leave Plans
- Parental & Adoption Benefits
- Disability Coverage
- Employee Assistance Program
- Educational Assistance
- Learning & Development Opportunities
- Flex-scheduling available for qualifying positions to achieve work-life integration
H&P is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.
Thank you for your interest in joining our team!
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