Job Description:

Background and purpose of role:

BP is driving a central transformation project with an objective to upgrade and standardise the policies, process, control and technology around balance sheet assurance/ reconciliation and journal entry, to implement an integrated solution via Blackline SaaS solution.

The project aims to bring digitization and enhance BP's balance sheet reconcliation and manual journals operating and assurance capabilities.

This role is going to play a pivotal role as a part of project team. Primary objective of this role is to prepare balance Sheet reconciliation in BlackLine tool for BP. This role will require in-depth understanding of R2R functions and balance sheet reconciliation process in BlackLine.

The role entails ample opportunities and requires working with senior stakeholders across BP's GBS teams, liaise up with BP-wide finance and control teams.

Key Results / Accountabilities:

Key roles and responsibilities will include:

• Conduct regular reconciliations of balance sheet accounts to ensure accuracy and completeness.
• Ensure compliance with company policies, accounting principles, and regulatory requirements in all reconciliation activities.
• Stay updated on accounting standards and regulations relevant to reconciliation practices.
• Investigate and resolve any variances or discrepancies identified during the reconciliation process.
• Collaborate with relevant stakeholders to address issues and discrepancies promptly.
• Document all reconciliation activities, findings, and resolutions in accordance with company standards.
• Continuously evaluate and improve reconciliation processes to enhance efficiency and accuracy.
• Provide recommendations for enhancements or automation of reconciliation procedures, using BlackLine functionalities where applicable.
• Collaborate with other departments or teams to obtain necessary information or support for reconciliations.
• Provide training and support to other team members or stakeholders on BlackLine reconciliation processes and best practices.
• Assist with special projects, audits, or other ad hoc requests related to balance sheet reconciliations as needed.
• Flexibility to take on additional responsibilities or tasks within the finance or accounting function as the need arises.
• Analyze reconciliation data to identify trends, patterns, or areas for improvement.
• Support internal and external audit processes by providing requested documentation and explanations.

Key Challenges:

• Demonstrate clear understanding of the business context of the company in order to deliver high quality service.
• Quick to react and adapt to constantly evolving business requirements to support rapidly changing business requirements.
• Ability to communicate effectively with & influence people at all levels, geographies and time zones within the organisation, building strong relationships quickly.
• Complete understanding of system landscape and infrastructure
• End to end understanding of GBS control monitoring and governance processes.
• Ensuring that BP's control environment remains effective through compliance with internal/ external requirements via the application of controls and systems across all activities in scope of operations.
• Looks for ways to do things better, faster, more efficiently.

Education and Experience:

• University degree and professional qualification, CA, CIMA or MBA
• 4+ years of relevant experience in R2R Function including , Blackline Account reconciliation / SAP ECC / S4 HANA / MS Office Suite.
• Clear, fluent, and confident written and verbal communication skills
• Strong continuous improvement mentality and drive for excellence
• Agile outlook to adapt to changing circumstances and priorities

Knowledge and Skills Required:

• Good levels of proactivity & drive, analytical thinking, strong communications & engagement, tenacity and preferably have pre-BP background experience in Blackline
• BlackLine and SAP FI-CO End User experience is preferred.
• Understanding of the end-to-end financial process lifecycle like O2C, P2P and R2R
• Strong planning and problem-solving skills
• Ability to communicate effectively
• Strong stakeholder management skills
• Ability to work independently, manage multiple tasks concurrently

Desirable:

• Experience with power, Oil and gas industry, big4 or GBS/ SSC experience

Why join bp:

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement
Negligible travel should be expected with this role

Relocation Assistance:
This role is eligible for relocation within country

Remote Type:
This position is not available for remote working

Skills:
Accounting policy, Accounting Processes and Financial Systems, Analytical Thinking, Analytics, Business process control, Business process improvement, Customer centric thinking, Data Analysis, Digital Automation, Digital Fluency, Financial Reporting, Internal control and compliance

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.