Asset Accounting Senior Analyst

Year    MH, IN, India

Job Description

Job summary


Entity:

Finance Job Family Group:

Finance Group :

Role Purpose


We're now ready to build a strong team for our new GBS center. If you have a digital-first mentality and a passion for crafting crafted customer experiences, you will thrive here. Put your interest in solving sophisticated 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 teamwork. Let's hear from you. The Fixed Asset and Lease Accounting Hub Team is the main contact point within the Group for fixes asset related issues. The Asset Accounting Analyst will support Asset Accounting team lead to ensure that the Accounting processes are aligned with the Group Policies and Procedures. Specifically, they will support the delivery of 'silent running', accurate and timely recording of all fixed asset transactions and processing in the ledgers. They are responsible for the resolution of outstanding reconciliation issues. Mentoring team members and supporting change withinteam in the drive for outstanding partner service, operational excellence & compliance


Key Accountabilities


Delivery of Fixed Asset Accounting with capitalization


Processing 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 accurate 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 processing


Establishment 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 supervising activities and reconciliation of fixed assets ledger.


Query handling for capital expenditures.


Deliver compliant services in line with period end close deliverables


Share knowledge within the wider team hold training on process changes


Partner with and support all members of the Hub Team to deliver process silent running, continuous system and improvements in execution, 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 documentation


Support team mailboxes used for user queries on all fixed asset and lease accounting issues.


Identification and resolution of internal control gaps


Facilitation and maintenance of internal and external business relationships


Key Challenges


Handle fixed asset and lease accounting transactions on different locations


Issues or problems are multifaceted and sophisticated with much ambiguity


System and process interfaces are numerous and sophisticated to navigate


Operating in multiple regions and time zones


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 improvement of execution


3 -5 years of experience in the areas of analytical skills, numeracy and financial awareness


Demonstrated proficiency with SAP


Ability to meet month-end close and other results


Good analytical and problem-solving skillsoGood communication and interpersonal skills


Good organizational skills -attention to detail


Team-focused, results oriented


Ability to work with deadlines, under pressure with a track record of delivery.


Partner and service-oriented thinking


Desirable Criteria


Demonstrated fixed assetand lease accounting experience


Knowledge of G/L's, Income Statements, Balance Sheets


Communication-verbal & written


Working with a global mind-set


General accounting experienceExperience with financial reconciliation


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


Be responsible for your own 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 collaboration 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 seamless self-service customer experiences


Develops cross-functional collaboration in support of One Finance


Digital first


Applies creative digital solutions to solve 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:


Accounting policy, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Business process control, Business process improvement, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial accounting and reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting, Project Management {+ 2 more} 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 disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.


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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Job Detail

  • Job Id
    JD3404710
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year