Juan Hinestroza

Finance Director | Planning & Performance Management | Joint Venture Management

Role
Director Finance at bp
Location
Houston, TX, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Juan Hinestroza

Value Offered:MBA-credentialed servant leader offering +25 years of leadership experience in Planning and Performance Management, Financial Reporting, Business Development and Commercial Management in the Oil and Gas Industry in the United States and Latin America. Reputation for maximizing value and efficiencies across multi-site, multi-entity businesses and regional finance teams. Decisive change agent skilled at identifying unique business drivers, engaging crucial stakeholders, leading negotiations and customizing performance-driven solutions. Always with the bigger picture in mind and steadfast in leading multi-functional teams to achieve optimal business success. Known for applying the 4 S’s methodology: Standardization, Simplification, Speed, and Sharing. An esteemed high-performer with a heart for social impact. Core Strengths:Financial Strategy & Planning Commercial Operations New Business Development Joint Venture Management Performance & Risk Management Financial Control Profit Maximization & Cost Recovery Agile Performance Profile: Investment Governance process and resources allocation with business cases presented at Executive/Board level as well as financializing global projects. Strategy formulation and commercial asset/portfolio management and optimization. Represent companies externally in local IJVs in Commercial opportunities and negotiations with Government, IOCs, and NOCs. Operate in large/complex global organizations and large/small Oil & Gas Fields. Track record in continuous improvement with several success stories.

Experience

  1. Director Finance

    bp

    Oct 2013 — Present · Houston, TX, US

    Realigned and managed business strategies, financial systems, and control to improve the financial performance of 14 regions and approximately 40 entities. In-charge of overall coordination of business framework and analysis for Quarterly Progress Reports, Operating Plans, Plan Fests, Quarterly Results. Highlights: • Designed and managed the Common Data Model for the Upstream Account design. Introduced and embedded business plan elements and led a significant redesign of own financial systems in light of the reorganization and MI requirements.• Recognized for leading the creation of executive summaries by Upstream region, resulting in the successful presentation of total cost of ownership to the leadership teams across regional operations. Re-engineered new processes to improve Gross to Net ratios. • Developed analytical products for enabling understanding and interpretation of end-to-end group and segment cost allocations across the path. This innovation improved the level of transparency and helped business leaders to manage/deliver targets. • Streamlined key allocation processes of segment costs which enabled a fluent/flawless audit trail. • Introduced a new reporting process to increase transparency, provide budget ownership and deliver line-of-sight view on projects and activities. Standardization of reporting tools and efficiencies drove significant insights towards cost-saving areas. • Improved forecasting accuracy (FY plan vs. actual delta <1%, O&G equivalent prices normalized) which was achieved through insights generation, data flow automation and analysis tools to determine critical drivers and heighten accountabilities by efficient performance monitoring

Education

  • Universidad Rafael Belloso Chacín

    Master of Business Administration (MBA)

    2002

  • University of North Texas

    PDI: School of Advanced International Petroleum Accounting and Financial Management

    2001

  • Universidad Rafael Belloso Chacín

    Bachelor of Science (BSc), Business Administration and Management, General

    1995

  • BP Leadership Development Programmes

    Leadership, Negotiations, Influencing

  • BP Financial University

    Strategy, Economic Evaluation, Financial Reporting&Control, Project Mgmt, Risk Mgmt, Ethics&Compl.

  • Thunderbird School of Global Management

    Garvin School of International Mgmt, Advanced Management Program

    2004

Skills

  • Upstream
  • Business Analysis
  • Business Planning
  • Downstream Oil & Gas
  • Gas
  • Project Planning
  • Strategy
  • Joint Ventures
  • Oil & Gas
  • Oil/Gas
  • Natural Gas
  • Risk Management
  • Oil&Gas
  • Management
  • Performance Management
  • Petroleum
  • Finance
  • Energy Industry
  • Energy
  • Procurement
  • Business Strategy
  • Financial Modeling
  • Project Control
  • Cost Control
  • Negotiation

Find verified contacts for anyone on LinkedIn

Unifers gives sales teams verified emails and direct dials, enriched profiles, and outreach that lands in the inbox.

Free plan included · No credit card required

This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.

Juan Hinestroza — Director Finance at bp in Houston, TX, US | Unifers