Execution Lead, Payments

Full time Execution Lead, Payments India, Pune 2 days ago Job category Procurement & Supply Chain Management Experience level Intermediate Relocation available This role is eligible for relocation within country Job type Professionals Travel required Negligible travel should be expected with this role Job code RQ100845 Job Description OVERVIEW : At bp, we’re reimagining energy for people and our planet. We have a bold ambition: be a net zero company by 2050 or sooner, and help the world get to net zero. Crafting 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 Finance Business & Technology (FBT) 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 globe. Driven by the bp values and comprising capabilities in data, procurement, finance and customer service, the FBT centre will drive pioneering digital solutions and agile ways of working. Key Accountabilities and Expectations : Accountable for ensuring accurate and timely recording and payment of all third-party supplier invoices while ensuring adherence to policies and procedures in the drive for exceptional service, operational excellence and compliance. Ensure accurate and timely delivery of payment processing services Manage and coordinate the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected Enforce compliance with the Balance Sheet Integrity/ Reconciliation standard; accurate and timely reporting to Internal Control on ledgers for which the team is responsible Work with relevant Internal Control team to maintain controls currently owned within the team and facilitate internal and external audit review Provide payables related advice and information as and when required Implement standard methodologies for the expense process and proactively identify, propose and implement continuous improvement opportunities. Regularly track and resolve outstanding issues that have been called out or further call out to the necessary parties. Expectations : Thorough knowledge in manual payment processing. High level of familiarity with the systems used in order to maintain and reconcile the relevant system to ensure it balances correctly. There is a high financial and reputational risk involved in prompt and accurate payments processing. Payments have to be reviewed thoroughly to ensure completeness and accuracy. Invoices need to be processed and verified in an accurate and timely manner within tight deadlines. Liaising with vendors and colleagues in different time zones and potentially in different languages requiring rigorous coordination between teams. Supporting team members who are servicing different vendors in various geographical locations and using different systems. Working hours (ANZ/ASPAC/UK/Europe/US shift) to support Business Partners. Essential Education & Experience : Bachelor’s degree in finance, Accounting or related field. Minimum of 10 years of experience in accounts payables payment operations. 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.