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

• Master's degree in Finance, Accounting, Business Administration, Engineering, or related field

• 6-9 years of relevant experience in financial analysis, business control, and/or operational cost follow-up, preferably within drilling, wells, or asset operations

• Strong understanding of well cost structures, AFEs, and JV cost processes is an advantage

• Demonstrated strong analytical skills

• 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

We are offering

• Challenging tasks in a dynamic and competent environment with the opportunity to grow, learn and be creative

• Competitive salary and benefits such as pension, insurance schemes, loan arrangements, access to cabins, additional days off and a comprehensive welfare package

• To be a part of a company which believes in the future of the NCS and has an internationally diverse workforce

• A strong corporate culture where we are team players, with focus on innovative solutions, learning and integrity

  As part of our standard recruitment process, background checks will be performed on all final candidates. For this position, Vår Energi will also assess the applicant's security suitability, including affiliations to high-risk countries. Please note that the outcome of such assessments may affect the recruitment process and the possibility of employment.