Inventory Accounting Analyst
bp
Pune Division, Maharashtra, India2h agovia LinkedIn
About the Role
A global energy business delivering light, heat, and mobility to millions, bp is seeking a Regional Inventory Accounting Analyst to join their Finance Group.
Key Responsibilities
- Resolve queries and reconcile refined product's inventory.
- Perform monthly reconciliation of exchanges, 3rd party terminals, pipelines, and in-transit bulk locations.
- Compare SAP transaction data to custody/confirmation statements from 3rd party operators.
- Identify reconciling items and post gains and losses.
- Resolve outstanding reconciliation items and issues by working closely with front office teams, settlement analysts, volume/transaction control staff, and 3rd parties.
- Validate and approve related storage and handling fees for payment.
- Identify and resolve interface errors adhering to a less than 48-hour SLA (Service Level Agreement).
- Handle B2B & B2C queries independently.
- Reconcile buy & sell, bulk (terminal), and retail activity.
- Research and resolve exchange and physical inventory imbalances.
- Research and resolve exchange and storage & handling fee differences.
- Identify and resolve root cause errors.
- Identify and resolve internal control gaps.
- Facilitate and maintain internal and external business relationships.
Key Challenges
- Ability to influence groups with differing priorities.
- Quickly respond to changing circumstances.
- Tailor communication style to suit the audience.
- Issues and reconciling items are at times complex and multi-faceted, requiring strong analytical and problem-solving ability.
Requirements & Tech Stack
- SAP
- WinDMS (desirable)
- SAP interface queues (exposure to)
- B2B & B2C query handling (exposure to)
- Microsoft Excel implied by financial reconciliation
Qualifications
- Bachelor’s Degree in Accounting, Finance, or related field.
- Ability to meet month-end close and other deadlines.
- Strong analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Good organizational skills with attention to detail.
- Bias for action underpinned by a strong work ethic, teamwork, and proven track record of value-added.
- General accounting experience (desirable).
- Experience with financial or logistical reconciliations (desirable).
- Exposure to the Product Supply Business (desirable).
- Familiarity with payables and receivables (desirable).