Job Description

Full time
Junior AR Analyst
India, Pune 5 days ago
Job category
Business Support
Experience level
Entry
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
RQ104211

At bp, we're reimagining energy for people and our planet. We have an ambitious ambition to be a net zero company by 2050 or sooner, and help the world get to net zero. Creating a more efficient business that makes the best use of its resources is a critical part of getting there. And that's what our new FBT center in Pune, India is here to do - put digital at the heart of our business and accelerate the transformation of bp's business procacross the world globe. Driven by the bp values and comprising capabilities in data, procurement, finance and customer service, the GBS center will drive latest digital solutions and agile ways of working.
The AR Analyst is accountable for timely and accurate recording of collections, direct debit run and match invoices into the AR ledgers. The main responsibility is to post cash to outstanding invoices and undertake the reconciliation of a variety of currency account reconciliations, added to several specific accounting tasks from simple to medium transactions. Acting as support to the collections team, to ensure customer accounts are supervised are tightly controlled and aligned with BP Policy. This includes regular contact with internal / external collaborators to reach yearly goals / targets. Prepare documents for period close while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance Build up and maintain professional relationship with Business Partners.
Key Responsibilities-
Understand the business and drive execution/Operations:
Perform the day-to-day processing of cheques, Direct Debit run, EFT/wire transfers, AR transactions to ensure that cash receipts are recorded in the AR ledger on an effective, up-to-date and accurate manner.
Review and process refund transactions, deductions and other differences in adherence with the policy.
Review of auto posted transactions
Issue debit notes and credit notes in adherence to the policy.
Timely allocation of incoming payments, unapplied cash, and research on payment discrepancies
Lead the A/R sub ledger close and support preparation of documents / adjustments for monthly, quarterly and year-end close.
Supervise and reconcile monthly, quarterly and yearly reports in charge of account reconciliation related queries
Monitor credit and/ or cash and banking fraud violations and inform / involve all relevant collaborators within their Delegation of Authority
Provide support to the whole AR / Collections /Cash and Banking or Treasury/ team to ensure delivery of the team's agreed targets.
Take care of a wide variety of ad-hoc queries and monitoring of customers' accounts consistent with BP's credit standards.
Responsible for researching and resolving problems within designated guidelines and researching through multiple database resources and coordinating with collection teams /and or directly with customers as necessary.
Maintaining the action to supervise and resolve outstanding A/R, Collections activities / issues which need immediate attention in coordination
Drive follow-up, share and provide resolution within the team and internal or external customers.
Review the weekly and monthly bank reconciliation to ensure no unidentified deposit and keeping tracks and reconciles daily/monthly AR balance
Maintain and develop working relationships with Cross functional internal or external GBS
Education and Experience
Bachelor's degree or equivalent experience in economics, Business, Finance, Accounting or related field with relevant language skills.
Previous accounts receivable, cash application, master data or data analytical /customer service experience (7-10+ years)
Shared service center experience preferably in oil and gas industry/or any multinational
Experience dealing/working with sales and external customers
Good Analytical and numerical skills with sound financial accounting experience.
Relevant systems knowledge - AS 400 and SAP
Skills and competencies
Good interpersonal, influential and decision-making skills to manage and maintain good relationships with key collaborators.
Able to take care of complex situations while maintaining the right balance of customer and business focus
Able to consistently review and adapt approach and style to meet ever changing requirements.
Able to manage conflicting work issues and deadlines to ensure deliveries are met and knows when to bring up urgent matter in a timely manner.
Able to prioritize, handle urgent issues and situations, following through to resolution in a timely manner and focusing efforts to deliver business value, advancing properly if needed
Able to produce consistently high-quality information within tight deadlines
Being able to work under fast paced environment
Detail oriented
We are an equal opportunity employer and value diversity at our company! We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform crucial 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.

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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

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Equity

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