Inventory Analyst

Entity: FinanceJob Family Group: Finance GroupJob 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?Join our Finance Team and advance your career as Inventory Analyst!Role PurposeThe Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined products inventory. This includes a monthly reconciliation of exchanges, 3rd party terminals, pipelines, in transit bulk locations by comparing SAP transaction data to the custody / confirmation statement received from the 3rd party operator, performing the reconciliation, identifying reconciling items, and posting gains and losses. The Regional Inventory Accounting Analyst is responsible for the resolution of these outstanding reconciliation items and issues working closely with front office teams, settlement analysts, volume / transaction control staff and 3rd parties. This includes related storage and handling fees: validating and approving these in readiness for paymentKey AccountabilitiesReconciliation of truck, bulk, and retail activity in ERP/IES tool.Perform reconciliation for non ERP/IES tool.Validation of invoices and prepare coding template for payment.Research and resolution of exchange and physical inventory imbalancesResearch and resolution of exchange and storage & handling fee differencesIdentification and resolution of root cause errorsIdentification and resolution of internal control gapsFacilitation and maintenance of internal and external business relationshipKey ChallengesAbility to influence groups that may have 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 to resolve requiring strong analytical and problem-solving ability.Qualification & Experience and Competencies Essential Education and ExperienceBachelor’s Degree in Accounting, Finance, or related field. Ability to meet month-end close and other deadlinesStrong analytical and problem-solving skills.Strong communication and interpersonal skillsGood organizational skills - attention to detailBias for action underpinned by a strong work ethic, teamwork and proven track record of value added. Desirable Criteria General accounting experienceExperience with financial or logistical reconciliationsDemonstrated proficiency with SAPExposure to the Product Supply Business Familiarity with payables and receivables Educational backgroundBachelor’s degree in business, Accounting, Finance, or related field.Travel RequirementNegligible travel should be expected with this roleRelocation Assistance:This role is eligible for relocation within countryRemote Type:This position is a hybrid of office/remote workingSkills:Accounting for financial instruments, Accounting for financial instruments, Accounting policy, 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, Long Term Planning {+ 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.