Inventory Analyst
bp
General ManagementJob category
General ManagementJob Description:
Job Description
We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.
In India, we operate bp's Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the big complex challenges facing our world today and, guided by our bp values, are working to help meet the world's need for more energy while lowering carbon emissions. In our offices at Pune, we work in customer service, finance, accounting, procurement, HR services and other enabling functions - providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!
Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better - and how you can play your part in our world-class team?
Join our team and advance your career as an Inventory Accounting Analyst
The Purpose!
The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined product's inventory.
This includes reconciliation of exchanges, 3rd party terminals, pipelines, in transit multi-locations by comparing SAP transaction data to the custody / confirmation statement received from the 3rd party operator, performing the reconciliation, identifying reconciling items, and posting gains and losses. The Regional Inventory Accounting Analyst is accountable for the resolution of these outstanding reconciliation items and issues working closely with front-office teams, settlement analysts, volume / transaction control staff and 3rd parties. This includes related storage and handling fees: validating and approving these in readiness for payment.
You will be accountable for..
Identify and resolution of Interface errors adhering to less than 48 hrs TAT.
Solving B2B & B2C queries independently.
Reconciliation of exchange, truck, bulk, and retail activities.
Research and resolution of exchange and physical inventory imbalances.
Research and resolution of exchange and storage & handling fee differences
Identification and resolution of root cause errors
Identification and resolution of internal control gaps
Facilitation and maintenance of internal and external business relationship
Challenges:
Ability to influence groups that may have differing priorities.
Quickly respond to changing circumstances.
Tailor communication style to suit the audience
Issues and reconciling items are at times sophisticated and multi-faceted to resolve requiring strong analytical and problem-solving ability
Qualification & Experience and Competencies
Essential Education and Experience
Bachelor's Degree in Accounting, Finance, or related field.
Ability to meet month-end close and other criticality
problem solving skills
Strong communication and interpersonal skills
Good interpersonal skills - attention to detail
Bias for action underpinned by a strong work ethic, collaboration and proven record of value added.
Desirable Criteria
Experience in handling scheduling application WinDMS.
Exposure to SAP interface queues, handling B2B & B2C queries.
General accounting experience
Experience with financial or logistical reconciliations
Shown skill with SAP
Exposure to the Product Supply Business
Familiarity with payables and receivables
Educational background
Bachelor's degree in Business, Accounting, Finance, or related field.
Mindset
Lead your success
Responsible for delivering innovative business outcomes
Seeks opportunities to improve and digitize process delivery
Adheres to safe and ethical work practices
Think big
Actively builds own knowledge, capabilities, and skills for the future.
Values teamwork and collaborates to achieve results
Be curious
Willing to suggest new ways of working, processes, and technologies.
Ensures the delivery and improvement of digital solutions to benefit customers
Effortless customer experience
Understands customer needs and delivers digital flawless self-service customer experiences
Develop cross-functional teamwork in support of One
Finance Digital first
Applies creative digital solutions to tackle problems
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 a hybrid of office/remote working
Skills:
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.
Job Description
We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.
In India, we operate bp's Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the big complex challenges facing our world today and, guided by our bp values, are working to help meet the world's need for more energy while lowering carbon emissions. In our offices at Pune, we work in customer service, finance, accounting, procurement, HR services and other enabling functions - providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!
Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better - and how you can play your part in our world-class team?
Join our team and advance your career as an Inventory Accounting Analyst
The Purpose!
The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined product's inventory.
This includes reconciliation of exchanges, 3rd party terminals, pipelines, in transit multi-locations by comparing SAP transaction data to the custody / confirmation statement received from the 3rd party operator, performing the reconciliation, identifying reconciling items, and posting gains and losses. The Regional Inventory Accounting Analyst is accountable for the resolution of these outstanding reconciliation items and issues working closely with front-office teams, settlement analysts, volume / transaction control staff and 3rd parties. This includes related storage and handling fees: validating and approving these in readiness for payment.
You will be accountable for..
Identify and resolution of Interface errors adhering to less than 48 hrs TAT.
Solving B2B & B2C queries independently.
Reconciliation of exchange, truck, bulk, and retail activities.
Research and resolution of exchange and physical inventory imbalances.
Research and resolution of exchange and storage & handling fee differences
Identification and resolution of root cause errors
Identification and resolution of internal control gaps
Facilitation and maintenance of internal and external business relationship
Challenges:
Ability to influence groups that may have differing priorities.
Quickly respond to changing circumstances.
Tailor communication style to suit the audience
Issues and reconciling items are at times sophisticated and multi-faceted to resolve requiring strong analytical and problem-solving ability
Qualification & Experience and Competencies
Essential Education and Experience
Bachelor's Degree in Accounting, Finance, or related field.
Ability to meet month-end close and other criticality
problem solving skills
Strong communication and interpersonal skills
Good interpersonal skills - attention to detail
Bias for action underpinned by a strong work ethic, collaboration and proven record of value added.
Desirable Criteria
Experience in handling scheduling application WinDMS.
Exposure to SAP interface queues, handling B2B & B2C queries.
General accounting experience
Experience with financial or logistical reconciliations
Shown skill with SAP
Exposure to the Product Supply Business
Familiarity with payables and receivables
Educational background
Bachelor's degree in Business, Accounting, Finance, or related field.
Mindset
Lead your success
Responsible for delivering innovative business outcomes
Seeks opportunities to improve and digitize process delivery
Adheres to safe and ethical work practices
Think big
Actively builds own knowledge, capabilities, and skills for the future.
Values teamwork and collaborates to achieve results
Be curious
Willing to suggest new ways of working, processes, and technologies.
Ensures the delivery and improvement of digital solutions to benefit customers
Effortless customer experience
Understands customer needs and delivers digital flawless self-service customer experiences
Develop cross-functional teamwork in support of One
Finance Digital first
Applies creative digital solutions to tackle problems
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 a hybrid of office/remote working
Skills:
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.
JOB SUMMARY
Inventory Analystbp
Samudrapur
8 days ago
N/A
Full-time