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 products inventory. This includes a monthly reconciliation of exchanges, 3rd party terminals, pipelines, in transit bulklocations 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 RegionalInventory 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 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
- Identification and resolution of internal control gaps
- Facilitation 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 deadlines
- Strong analytical and problem solving skills
- Strong communication and interpersonal skills
- Good organizational skills - attention to detail
- Bias 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 experience
- Experience with financial or logistical reconciliations
- Demonstrated proficiency 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
Why Join Bp
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.