Asset Accounting Analyst
Entity:
Finance
Job Family Group:
Finance Group
Job 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 an Asset Accounting Analyst!
Purpose of role
The Asset Accounting Analyst is responsible for ensuring accurate and timely recording, collection, and processing of end to end process in asset accounting and reporting, performance reporting, statutory accounting, Internal and external audits and direct and indirect tax transactions while ensuring adherence to policies and procedures in the drive for outstanding customer service, operational excellence and compliance.
Key Results / Accountabilities
Operational Proficiencies
Coordinate the prompt and accurate recording of financial transactions (e.g. ledger entries, journal postings, fixed asset postings etc. in line with relevant requirements, policies and procedures covering the entire Asset Life cycle ie. Assets Under Construction, Capitalization, Capitalization, Disposal etc
Ensure timely delivery of process assigned in asset accounting and reporting, performance reporting.
Supervise open and overdue items and follow-up accordingly with the appropriate team.
Ensure compliance with company policies, accounting principles, and regulatory requirements in all reconciliation activities
Conduct regular reconciliations of balance sheet accounts to ensure accuracy and completeness.
Stay updated on accounting standards and regulations relevant to Asset Accounting practices.
High level of familiarity with the systems used to record the accounts to ensure it complies and accounting requirements correctly.
Collaborating closely with partners and colleagues in different locations, time zones to resolve or further raise any difficult issues faced
Ensure timely liaising with seniors for adherence of control checks and its effectiveness
Timely communication to raise or gain transparency for sophisticated and adhoc queries raised by partner / embedded finance teams
To participate in internal and external audit if and when required
To adapt agile approach
Essential Education and Experience
Bachelor’s Degree in Business, Finance, Accounting or related field.
Recognized professional accounting qualification (e.g. ACCA, CPA, CIMA).
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.
Minimum of 4 years of experience in general and/or financial accounting and 1 year of relevant experience in Fixed Asset Accounting
Required Criteria
English language competency
Demonstrated proficiency with SAP
Preferred Criteria
Shared service centre experience
General accounting experience
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, 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 {+ 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.
Finance
Job Family Group:
Finance Group
Job 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 an Asset Accounting Analyst!
Purpose of role
The Asset Accounting Analyst is responsible for ensuring accurate and timely recording, collection, and processing of end to end process in asset accounting and reporting, performance reporting, statutory accounting, Internal and external audits and direct and indirect tax transactions while ensuring adherence to policies and procedures in the drive for outstanding customer service, operational excellence and compliance.
Key Results / Accountabilities
Operational Proficiencies
Coordinate the prompt and accurate recording of financial transactions (e.g. ledger entries, journal postings, fixed asset postings etc. in line with relevant requirements, policies and procedures covering the entire Asset Life cycle ie. Assets Under Construction, Capitalization, Capitalization, Disposal etc
Ensure timely delivery of process assigned in asset accounting and reporting, performance reporting.
Supervise open and overdue items and follow-up accordingly with the appropriate team.
Ensure compliance with company policies, accounting principles, and regulatory requirements in all reconciliation activities
Conduct regular reconciliations of balance sheet accounts to ensure accuracy and completeness.
Stay updated on accounting standards and regulations relevant to Asset Accounting practices.
High level of familiarity with the systems used to record the accounts to ensure it complies and accounting requirements correctly.
Collaborating closely with partners and colleagues in different locations, time zones to resolve or further raise any difficult issues faced
Ensure timely liaising with seniors for adherence of control checks and its effectiveness
Timely communication to raise or gain transparency for sophisticated and adhoc queries raised by partner / embedded finance teams
To participate in internal and external audit if and when required
To adapt agile approach
Essential Education and Experience
Bachelor’s Degree in Business, Finance, Accounting or related field.
Recognized professional accounting qualification (e.g. ACCA, CPA, CIMA).
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.
Minimum of 4 years of experience in general and/or financial accounting and 1 year of relevant experience in Fixed Asset Accounting
Required Criteria
English language competency
Demonstrated proficiency with SAP
Preferred Criteria
Shared service centre experience
General accounting experience
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, 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 {+ 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.