Asset Accounting Analyst
bp
Date: 3 hours ago
City: Pune, Maharashtra
Contract type: Full time
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 ARC Analyst!
Purpose Of Role
The Asset Accounting Analyst is accountable for ensuring accurate and timely recording, collection, and processing of end to end process in asset accounting and reporting, performance reporting, statutory accounting, Internal/external
audits and direct/indirect tax transactions while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
Shift Timings - 11.30am to 8.30pm
Might have to extend during month end.
Key Results / Accountabilities
Operational Competencies
Supervise and monitor 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
Prompt and accurate recording of critical and complex financial transactions (e.g. ledger entries, journal postings, fixed asset postings etc.) and adherence of the same that they are in line with relevant requirements, policies and procedures
Ensure timely delivery of end to end process in asset accounting and reporting, performance reporting.
Ensure timely and accurate monthly and quarterly reporting to stakeholders / embedded finance i.e QAR, KPI
Monitor 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
Perform regular reconciliations of balance sheet accounts to ensure accuracy and completeness and review when required
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.
Liaising with stakeholder and colleagues in different geographical locations, time zones to resolve or further escalate any complex issues faced
Ensure timely liasing with seniors for adherence of control checks and its effectiveness
Timely and effective communciation to resolve complex, critical and adhoc queries raised by stakeholder / embedded finance teams
Timely escalation for queries raised by stakeholder / embedded finance teams requiring clarity
Train / coach team members in day-to-day process changesand system
updates
To participate in internal / external audit if and when required
To adapt agile mindset
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.
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 ARC Analyst!
Purpose Of Role
The Asset Accounting Analyst is accountable for ensuring accurate and timely recording, collection, and processing of end to end process in asset accounting and reporting, performance reporting, statutory accounting, Internal/external
audits and direct/indirect tax transactions while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
Shift Timings - 11.30am to 8.30pm
Might have to extend during month end.
Key Results / Accountabilities
Operational Competencies
Supervise and monitor 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
Prompt and accurate recording of critical and complex financial transactions (e.g. ledger entries, journal postings, fixed asset postings etc.) and adherence of the same that they are in line with relevant requirements, policies and procedures
Ensure timely delivery of end to end process in asset accounting and reporting, performance reporting.
Ensure timely and accurate monthly and quarterly reporting to stakeholders / embedded finance i.e QAR, KPI
Monitor 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
Perform regular reconciliations of balance sheet accounts to ensure accuracy and completeness and review when required
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.
Liaising with stakeholder and colleagues in different geographical locations, time zones to resolve or further escalate any complex issues faced
Ensure timely liasing with seniors for adherence of control checks and its effectiveness
Timely and effective communciation to resolve complex, critical and adhoc queries raised by stakeholder / embedded finance teams
Timely escalation for queries raised by stakeholder / embedded finance teams requiring clarity
Train / coach team members in day-to-day process changesand system
updates
To participate in internal / external audit if and when required
To adapt agile mindset
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.
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