Entity:
FinanceJob Family Group:
Finance GroupJob 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.
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 Finance Team and advance your career as Inventory Analyst!
Role Purpose
The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined product 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
Key Accountabilities
Identification and resolution of Interface errors adhering to less than 48 hrs. TAT. Handling B2B & B2C queries independently.Reconciliation of exchange, truck, bulk, and retail activityResearch and resolution of exchange and physical inventory imbalancesResearch and resolution of exchange and storage & handling fee differencesIdentification and resolution of root cause errorsIdentification and resolution of internal control gapsFacilitation and maintenance of internal and external business relationships
Key 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 complex 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 deadlinesStrong analytical and problem solving skillsStrong communication and interpersonal skillsGood organizational skills - attention to detailBias for action underpinned by a strong work ethic, teamwork and proven track record of value added
Desirable Criteria Experience in handling scheduling application WinDMS.Exposure to SAP interface queues, handling B2B & B2C queries.General accounting experienceExperience with financial or logistical reconciliationsDemonstrated proficiency with SAPExposure to the Product Supply Business Familiarity with payables and receivables
Travel Requirement
Negligible travel should be expected with this roleRelocation Assistance:
This role is eligible for relocation within countryRemote Type:
This position is a hybrid of office/remote workingSkills:
Accounting policy, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Business process control, Business process improvement, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial Reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting, Risk Management, Stakeholder Management {+ 2 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 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.