Job Description

Full time
Inventory Analyst
India, Pune 5 days ago
Job category
Finance
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
RQ102809

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 bulk
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 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:
o Identification and resolution of Interface errors adhering to less than 48 hrs. TAT. Handling B2B & B2C queries independently.
o Reconciliation of exchange, truck, bulk, and retail activity
o Research and resolution of exchange and physical inventory imbalances
o Research and resolution of exchange and storage & handling fee differences
o Identification and resolution of root cause errors
o Identification and resolution of internal control gaps
o Facilitation and maintenance of internal and external business relationships
Key Challenges:
o Ability to influence groups that may have differing priorities.
o Quickly respond to changing circumstances.
o Tailor communication style to suit the audience
o 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
o Bachelor's Degree in Accounting, Finance, or related field.
o Ability to meet month-end close and other deadlines
o Strong analytical and problem solving skills
o Strong communication and interpersonal skills
o Good organizational skills - attention to detail
o Bias for action underpinned by a strong work ethic, teamwork and proven track record of value added.
Desirable Criteria:
o Experience in handling scheduling application WinDMS.
o Exposure to SAP interface queues, handling B2B & B2C queries.
o General accounting experience
o Experience with financial or logistical reconciliations
o Demonstrated proficiency with SAP
o Exposure to the Product Supply Business
o Familiarity with payables and receivables
Educational background:
o 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.
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.

Our innovative Energize recognition points programme and spot awards translate exceptional performance into tangible rewards, to motivate our high performers.

Pay

bp offers competitive pay in line with industry standards, making us an employer of choice.



Discretionary bonus

We offer discretionary bonuses to reward strong company, business unit and individual performance, and recognition awards, including those related to long service to recognize commitment to the company.



Retirement & savings

We offer a range of discretionary retirement and savings plans to help provide you and your family with financial security.



Insurance benefits

To give you additional peace of mind, bp provides valuable insurance benefits in some countries. These are designed to provide financial assistance to employees and their families if employees become unwell or die in service.



Equity

Depending on your location and job level, there may be equity (stock and share) options you are eligible to join so you can be part of bp's success.