Senior Inventory Accounting Analyst
Job post no longer accepts applications
BP
Grade HResponsible for supporting the business with accounting issues, using sound technical capabilities in controlling, performance reporting and integrated business planning, advising on policy and compliance and working independently and with relevant teams across the business to effectively deliver a range of finance activities to drive the delivery of outstanding results.Entity:
Finance
Job Family Group:
Finance Group
Job Description:
Role Purpose
The Senior Inventory Accounting Analyst Accelerator provides deep process domain knowledge around the applicable activities and processes performed by the team together with the systems and business models that underpin them. In addition to performing more complex operational activities will lead complex and intensified issues, perform in depth solve, review and approval activities to support operations delivery, quality management and control
Is also responsible for the resolution of queries and reconciliation of refined product's inventory. This includes a monthly reconciliation of exchanges, 3rd party terminals, pipelines, in transit bulk 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 responsible 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:
Key Accountabilities
Responsibilities
Provide deep process domain expertise and serve as the point of contact for operational issues from the team
Analyse, resolve root cause and apply appropriate resolutions to sophisticated issues, problems and new Initiatives across related processes
Implement more sophisticated day to day processes / activities to ensure delivery meets required expectations
Assist the Team Lead in directing the work of team members
Train / coach team members in day-to-day duties, process changes, system implementations and policy updates
Maintain end to end desktop documentation assuring the accuracy and integrity thereof
Perform analytics, drive insight and root cause analysis coming key metrics and partner with Team Lead to design appropriate action plans
Identify and analyse process and system improvement opportunities, develop short term workaround solutions or provide recommendations for permanent solutions and take a leading role in initiating and handling projects to deliver these solutions
Support specific processes and related decision making to ensure the accurate and timely delivery of services in accordance with service level agreements and appropriate processes and policies
Perform more sophisticated inventory volumetric reconciliations that require in depth process and terminal knowledge Accelerator Accountabilities
Constantly scans for improvement opportunities and implements transformative solutions that tackle our most complicated and sophisticated problems.
Moves at a high pace while collaborating, running risks, presenting, thinking globally and while demonstrating BP's values, behaviours and approaches.
Continuously promotes Agile methodology through both embracing agile principles and actively championing agile at every opportunity.
Thinks Digital Delivery first through apply deep digital expertise to problems, through understanding and promoting automation and through analysing data to create breakthrough solutions.
Builds capability through inspiring teams to learn new skills, embrace new practices and seek growth opportunities.
Qualification & Experience and Competencies
Bachelor Degree in related field
Good Experience with Microsoft Excel (data manipulation and validation)
Proven competencies in the areas of process improvement
5 years relevant experience
Strong analytical and problem-solving skills as well as a robust understanding of control processes; able to exercise sound technical judgment in making business decisions
Good negotiation skills
Good organizational skills and attention to detail
Ability to influence and inspire changes across multi-functional teams
Ability to perform high volume detailed work
Team-focused, results oriented
Conflict resolution and ability to find solutions to sophisticated issues
Desirable Criteria
Knowledge of Microsoft Access (data manipulation and validation)
Knowledge of G/L's, Income Statements, Balance Sheets
Communication-verbal & written
Facilitation
Training
Business acumen
Forming relationships on trust
Critical thinking
Working with a global mind-set
Knowledge of Lean Six Sigma
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:
Accounting policy, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial accounting and reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 3 more}
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 disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.
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.
Finance
Job Family Group:
Finance Group
Job Description:
Role Purpose
The Senior Inventory Accounting Analyst Accelerator provides deep process domain knowledge around the applicable activities and processes performed by the team together with the systems and business models that underpin them. In addition to performing more complex operational activities will lead complex and intensified issues, perform in depth solve, review and approval activities to support operations delivery, quality management and control
Is also responsible for the resolution of queries and reconciliation of refined product's inventory. This includes a monthly reconciliation of exchanges, 3rd party terminals, pipelines, in transit bulk 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 responsible 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.
- Reconciliation of Inventory - exchange, truck, bulk, and retail activity
- 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
- Facilitation and maintenance of internal and external business relationships
- Identification and resolution of internal control gaps
Key Accountabilities
Responsibilities
Provide deep process domain expertise and serve as the point of contact for operational issues from the team
Analyse, resolve root cause and apply appropriate resolutions to sophisticated issues, problems and new Initiatives across related processes
Implement more sophisticated day to day processes / activities to ensure delivery meets required expectations
Assist the Team Lead in directing the work of team members
Train / coach team members in day-to-day duties, process changes, system implementations and policy updates
Maintain end to end desktop documentation assuring the accuracy and integrity thereof
Perform analytics, drive insight and root cause analysis coming key metrics and partner with Team Lead to design appropriate action plans
Identify and analyse process and system improvement opportunities, develop short term workaround solutions or provide recommendations for permanent solutions and take a leading role in initiating and handling projects to deliver these solutions
Support specific processes and related decision making to ensure the accurate and timely delivery of services in accordance with service level agreements and appropriate processes and policies
Perform more sophisticated inventory volumetric reconciliations that require in depth process and terminal knowledge Accelerator Accountabilities
Constantly scans for improvement opportunities and implements transformative solutions that tackle our most complicated and sophisticated problems.
Moves at a high pace while collaborating, running risks, presenting, thinking globally and while demonstrating BP's values, behaviours and approaches.
Continuously promotes Agile methodology through both embracing agile principles and actively championing agile at every opportunity.
Thinks Digital Delivery first through apply deep digital expertise to problems, through understanding and promoting automation and through analysing data to create breakthrough solutions.
Builds capability through inspiring teams to learn new skills, embrace new practices and seek growth opportunities.
Qualification & Experience and Competencies
Bachelor Degree in related field
Good Experience with Microsoft Excel (data manipulation and validation)
Proven competencies in the areas of process improvement
5 years relevant experience
Strong analytical and problem-solving skills as well as a robust understanding of control processes; able to exercise sound technical judgment in making business decisions
Good negotiation skills
Good organizational skills and attention to detail
Ability to influence and inspire changes across multi-functional teams
Ability to perform high volume detailed work
Team-focused, results oriented
Conflict resolution and ability to find solutions to sophisticated issues
Desirable Criteria
Knowledge of Microsoft Access (data manipulation and validation)
Knowledge of G/L's, Income Statements, Balance Sheets
Communication-verbal & written
Facilitation
Training
Business acumen
Forming relationships on trust
Critical thinking
Working with a global mind-set
Knowledge of Lean Six Sigma
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:
Accounting policy, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial accounting and reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 3 more}
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 disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.
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
Senior Inventory Accounting AnalystBP
Pune
18 days ago
N/A
Full-time