Grade IResponsible for supporting the team with accounting and reporting services, helping to ensure the integrity and effectiveness of accounting policy application, internal control, financial reporting, accounting systems support and delivery of financial accounting processes in conformance with BP's systems and requirements.Entity:
Finance

Job Family Group:
Finance Group

Job Description:

The Supply Accounting Accountant job exists to support the delivery of period end close accounting, accurate and timely reconciliation and reporting services to the bpSA business partners for petroleum and distillate product inventory, including related ancillary costs and fuel taxes.

Key Responsibilities

Functional

• Execute day-to-day inventory accounting/settlements operations to ensure delivery meets customer expectations.
• Monitor inventory transactions and reports in systems and reconcile inventory and inventory related accounts in the general ledger; review and ensure statutory reports are prepared in a timely manner.
• Conduct monthly cost and/or stock reconciliations and balance sheet reconciliations where necessary.
• Resolve all outstanding reconciliation issues on a timely basis
• Investigate and resolve physical inventory movement imbalances and differences.
• Support external / internal audit and Internal Control reviews.
• Ensure the generation of accurate and timely payment of / to third party and inter-company vendor/ customer invoices for goods received and related services on behalf of bpSA and in compliance with policies and procedures.
• Perform review and verification of pricing and transaction volume including contract review and stock/sales/purchases ledger; calculate other charges and fees.
• Monitor key reports and data to ensure that accounts are accurate and clean.
• Act as a liaison with business finance, negotiators, schedulers, credit Treasury teams and third parties in identifying and resolving various issues including contract and movement entries, deal documentation review.

Essential Experience

Approximately 5 years relevant experience in a financial accounting environment, and extensive experience in performing and resolving reconciliations

Key Competencies

• Financial transaction recording
• Accounts analysis & reconciliation
• Inventory accounting & control
• Risk & compliance management
• Data management & control
• Customer Service Delivery Excellence
• Internal Control Management
• Vendor Payment Processing

We support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and many others benefits.

Travel Requirement
No travel is expected with this role

Relocation Assistance:
This role is not eligible for relocation

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, Collaboration, Commercial acumen (Inactive), 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 accounting and reporting, Influencing {+ 5 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.