Job Description:

At bp, we're reimagining energy for people and our planet. We have an ambitious ambition: be a net zero company by 2050 or sooner, and help the world get to net zero. Creating a more efficient business that makes the best use of its resources is a critical part of getting there. And that's what our new global business services (GBS) centre in Pune, India is here to do - put digital at the heart of our business and accelerate the transformation of bp's business processes across the world. Driven by the bp values and comprising capabilities in data, procurement, finance and customer service, the GBS centre will drive innovative digital solutions and agile ways of working.

The AR - Senior Analyst is responsible for leading and co-ordinating the activities of the team. Accountable for timely and accurate recording of cash receipts, direct debit run and match invoices into the AR ledgers. He will ensure the debtors' position is handled to the relevant components of the current credit policy by ensuring the working capital impact & risk to the relevant business divisions are minimised. Their main responsibility is to post cash to outstanding invoices and undertake the reconciliation of a variety of currency account reconciliations, added to several specific accounting tasks from simple to medium transactions. Acting as support to the collections team, to ensure customer accounts are monitored are tightly controlled and compliant to BP Policy. This includes regular contact with internal / external collaborators in order to reach yearly goals / targets delivering a high level of service and support to the Customer, Sales and Finance teams. Prepare documents for period close while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance Build up and maintain professional relationship with Business Partners.

The AR - Senior Analyst supports the team in driving continuous improvement in AR simplification to deliver a standardised and effective method for receivables management.

Key Accountabilities

Implement day to day customer AR related operational tasks to ensure delivery meets partner and customer expectations and is consistent with set process performance indicators, applicable service level agreements, customer functions core values and policies established within the bp Group.

Specifically, they will:

• Perform / Motitor the day-to-day processing of cheques, Direct Debit run, EFT/wire transfers, AR transactions to ensure that cash receipts are recorded in the AR ledger on an effective, up-to-date and accurate manner.
• Review and process refund transactions, deductions and other differences in adherence with the policy.
• Review of auto posted transactions
• Issue debit notes and credit notes in adherence with the policy.
• Lead the A/R sub ledger close and support preparation of documents / adjustments for monthly, quarterly and year-end close.
• Supervise and reconcile monthly, quarterly and yearly reports in charge of account reconciliations related queries
• Monitor credit and/ or cash and banking fraud violations and inform / involve all relevant collaborators within their Delegation of Authority
• Provide support to the whole AR / Collections /Cash and Banking or Treasury/ team to ensure delivery of the team's agreed targets.
• Monitor and perform the timely allocation of incoming payments, unapplied cash, and research on payment discrepancies
• Deal with a wide variety of ad-hoc queries and monitoring of customers' accounts consistent with BP's credit standards.
• Responsible for researching and resolving problems within designated guidelines and researching through multiple database resources, and coordinating with collection teams /and or directly with customers as vital.
• Maintaining the action to supervise and resolve outstanding A/R, Collections activities / issues which needs immediate attention in coordination with different collaborators.
• Drive follow-up, share and provide resolution within the team and internal or external collaborators.
• Supervise the review of the weekly and monthly bank reconciliation to ensure no unidentified deposit and keeping tracks and reconciles daily/monthly AR balance

Qualification & Experience and Competencies

Essential Education and Experience

• Bachelor's Degree in Economics, Business, Finance, Accounting or related field with relevant language skills.
• Minimum of 3-5 years of experience in managing cash and banking activities, general and / or financial accounting, accounts receivable, cash application operations.
• Experience dealing/working with treasury, cash management & Accounts receivable
• Shared service centre experience; preferably in oil and gas industry/or any multinational
• Relevant systems knowledge - AS 400 and SAP, etc
• MS Office experience
• English, C1

Skills and competencies

• Language and Social skills with particular focus on client responsiveness
• Good Analytical and numerical skills with sound financial awareness
• Good interpersonal, influential and decision-making skills in order to manage and maintain good relationships with key collaborators.
• Able to deal with complex situations while maintaining the right balance of customer and business focus
• Able to consistently review and adapt approach and style to meet ever changing requirements.
• Able to manage conflicting work issues and deadlines to ensure results are met and knows when to bring up urgent matter on timely manner.
• Able to prioritise, handle urgent issues and situations, following through to resolution in a timely manner and focusing efforts to deliver business value, bringing up properly if needed
• Able to produce consistently high quality information within tight deadlines
• Being able to work under fast paced environment
• Detail oriented

We are an equal opportunity employer and value diversity at our company! We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

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

Travel Requirement
No travel is 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:
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.