Analysis & Control Lead
Description
The Analysis & Control Lead plays a key role within the Analysis & Control team and actively represents the finance function in the Drilling & Well organisation. The role is responsible for business planning, business controlling, and performance management activities within the Drilling & Well function, ensuring strong financial integrity through accurate budget preparation, continuous monitoring of actual costs, robust well cost reconciliation, and transparent reporting. The Analysis & Control Lead contributes actively to providing a reliable input basis for actual well spend, financial planning, budgeting, and forecasting processes. The position provides unique exposure to Vår Energi’s core operational activities and establishes a solid platform for future career development and increased responsibilities within the organisation.
Key Responsibilities
- Act as the focal point of financial expertise within the Drilling & Well organisation, with professional responsibility for the Cost Controller
- Perform detailed monthly analysis of cost versus plan and forecast, and facilitate regular cost reviews with cost controllers and the extended team
- Challenge cost overruns and estimate changes while maintaining a consolidated risk and opportunity overview
- Deliver timely, accurate, and insightful financial performance reporting to support operational and strategic decision-making
- Support the monthly cost accrual process, with particular attention to rig costs, service contracts, and well-specific expenditures
- Collaborate closely with JV Accounting to ensure correct WBS structure, cost allocation, and cost classification for operated wells
- Drive cost control, value assurance, and continuous improvement initiatives across drilling and well activities
- Ensure financial integrity through accurate budget preparation, continuous monitoring, reconciliation, and transparent reporting
- Coordinate internal and external budgeting, forecasting, and AFE processes within the area of responsibility
- Participate in and, as appropriate, lead cross-functional networks to ensure financial topics, risks, and improvement actions are addressed
- Identify opportunities for process improvement, digitalization, and new ways of working within well cost follow-up and reporting
Qualifications
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Master’s degree in Finance, Accounting, Business Administration, Engineering, or related field
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6–9 years of relevant experience in financial analysis, business control, and/or operational cost follow-up, preferably within drilling, wells, or asset operations
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Strong understanding of well cost structures, AFEs, and JV cost processes is an advantage
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Demonstrated strong analytical skills
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Fluent in English with strong written and verbal communication skills
Who Are We Looking For
- Highly structured and detail-oriented with strong analytical capabilities
- Comfortable working independently while collaborating closely with technical and operational stakeholders
- Strong ability to challenge assumptions and drive cost discipline in high-activity operational environments
- Proactive, service-minded, and focused on building strong relationships across disciplines
- Motivated by continuous improvement, operational excellence, and increased use of digital tools and automation
- Strong business acumen with the ability to translate complex operational activity into clear financial insight