Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Role Purpose 

We’re now ready to build a strong team for our new GBS center. If you have a digital-first mindset and a passion for creating effortless customer experiences, you will thrive here. Put your aptitude for solving complex business challenges with innovative digital solutions to work, while ensuring that safe and ethical work practices are adhered to. Above all, you will be backed by a culture that encourages curiosity, creativity and collaboration. Let’s hear from you.

The Fixed Asset and Lease Accounting Hub Team is the main contact point within the Group for all Fixed

Asset and Lease Accounting related issues. The Asset Accounting Analyst will support the Asset Accounting

Team Lead to ensure that the Fixed Asset and Lease Accounting processes are compliant with the Group Policies and Procedures.  Specifically, they will support the delivery of 'silent running', accurate and timely recording of all Fixed Asset and Lease Accounting transactions and processing in the ledgers. They are responsible for the resolution of outstanding reconciliation issues. Coaching team members and supporting change within the Fixed Asset and Lease Accounting team in the drive for exceptional partner service, operational excellence & compliance.

Key Accountabilities

Delivery of Fixed Asset Accounting with capitalizationProcessing of disposals incl. preparation of disposal journals.Period end close (monthly, quarterly, year-end) - transfer of assets under construction to addition to fixed assets.Ensuring proper accounting treatment, particularly with regard to fixed assets management in SL, GL.Verification and handling of adjusting entries and transfers for capital expenditures.Screen and review inferior assets, preparation and booking of transfer posting documents.Process depreciation in terms of local GAAP and IFRS with appropriate sense check and analyse upcoming deviations.Ensuring that all asset movements are compliant with BP Policy & Authorities (Group Reporting Manual), local GAAP and IFRS.Ensuring compliance with „Component Accounting".Allocation of purchase requisition, handling of purchase requisition for capital expenditures local GAAP and IFRS, account assignment and clearance PM-orders for capital expenditures).Fixed Assets master data processingEstablishment and maintenance of projects and associated data and reporting •       Reconciliation of accounts, preparation of quarterly reports and ad hoc reports.Ensuring the right assignment of assets to the functional entities through monitoring activities and reconciliation of fixed assets ledger.Query handling for capital expenditures.Deliver compliant services in line with period end close deliverablesShare knowledge within the wider team hold training on process changesPartner with and support all members of the Hub Team to deliver process silent running,

continuous system and process improvements, analyze and resolve the root cause of problems.

Support projects and connect related areas to drive process improvements.Maintain appropriate fixed asset and lease accounting system documentationSupport team mailboxes used for user queries on all fixed asset and lease accounting issues. Identification and resolution of internal control gapsFacilitation and maintenance of internal and external business relationships

Key Challenges  

Handle fixed asset and lease accounting transactions on behalf of multiple locationsIssues or problems are varied and complex with much ambiguity •   System and process interfaces are numerous and complex to navigateOperating in multiple regions and time zones. 

Any Other Relevant Information (Particular reference to planning (nature and impact), scope of impact (Team, BU, Segment, bp globally etc.) 

This covers Key Decisions and to what extent? 

Types of relationship internally and externally that the person required maintaining contact with.

Qualification & Experience and Competencies

Essential Education and Experience 

Bachelor’s Degree in Accounting, Finance or related field.Strong Experience with Microsoft Excel (data manipulation and validation)Demonstrated competencies in the areas of process improvement3 -5 years of experience in the areas of analytical skills, numeracy and financial awareness Demonstrated proficiency with SAPAbility to meet month-end close and other deadlinesGood analytical and problem-solving skillsGood communication and interpersonal skillsGood organizational skills - attention to detailTeam-focused, results orientedAbility to work with deadlines, under pressure with a track record of delivery.Partner and service-oriented thinking.

Desirable Criteria 

Demonstrated fixed asset and lease accounting experienceKnowledge of G/L’s, Income Statements, Balance SheetsCommunication-verbal & writtenWorking with a global mind-setGeneral accounting experienceExperience with financial reconciliations

Value, Behaviours & Mindset

Values & Behaviours Safety

Demonstrate commitment to safety

Respect Communicate and influence with respect

Excellence

Pursue standardisation and simplification – brilliant at the basics

Courage

Demonstrate a speak up culture

One Team

Support and participate in service delivery as part of a one team environment

Mindset

Own your success 

Responsible for delivering innovative business outcomes  Seeks opportunities to improve and digitize process delivery  Adheres to safe and ethical w

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is eligible for relocation within country

Remote Type:

This position is not available for 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.