Inventory Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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.

In India, we operate bp’s Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the big complex challenges facing our world today and, guided by our bp values, are working to help meet the world’s need for more energy while lowering carbon emissions. In our offices at Pune, we work in customer service, finance, accounting, procurement, HR services and other enabling functions – providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!

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 team and advance your career as an Inventory Accounting Analyst

The Purpose!

The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined product's inventory.

This includes reconciliation of exchanges, 3rd party terminals, pipelines, in transit multi-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 accountable 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.

You will be accountable for..

Identify and resolution of Interface errors adhering to less than 48 hrs TAT.

Solving B2B & B2C queries independently.

Reconciliation of exchange, truck, bulk, and retail activities.

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 relationship

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 sophisticated 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 criticality

problem solving skills

Strong communication and interpersonal skills

Good interpersonal skills - attention to detail

Bias for action underpinned by a strong work ethic, collaboration and proven 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

Shown skill 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.

Mindset

Lead your success

Responsible for delivering innovative business outcomes

Seeks opportunities to improve and digitize process delivery

Adheres to safe and ethical work practices

Think big

Actively builds own knowledge, capabilities, and skills for the future.

Values teamwork and collaborates to achieve results

Be curious

Willing to suggest new ways of working, processes, and technologies.

Ensures the delivery and improvement of digital solutions to benefit customers

Effortless customer experience

Understands customer needs and delivers digital flawless self-service customer experiences

Develop cross-functional teamwork in support of One

Finance Digital first

Applies creative digital solutions to tackle problems

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:

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.