Credit Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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?

The Senior AR Collections Analyst is accountable for timely and accurate recording of cash receipts, 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 compliant to BP Policy. This includes regular contact with internal / external collaborators in order 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 Accountabilities

• 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 with 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.

  
  

• Monitor and reconcile monthly, quarterly and yearly reports in charge of account reconcilation related queries

  
  

• Monitor credit and/ or cash and banking fraud violations and inform / involve all relevant customers 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.

  
  

• Deal with 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 track and resolve outstanding A/R, Collections activities / issues which needs immediate attention in coordination with different partners.

  
  

• 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

  
  

Essential Education and Experience

• Bachelor’s Degree 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 centre 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

  
  

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 for financial instruments, Accounting for financial instruments, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial Reporting, Influencing, Internal control and compliance {+ 4 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 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.