Inventory Accounting Analyst

💰 ₹28,800 - ₹46,080 (Est.) 📍 Pune

Job Description

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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 to help the world get to net zero.

In India, we operate bp’s Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the big complex challenges facing our world today and, guided by our bp values, are working to help meet the world’s need for more energy while lowering carbon emissions. In our offices at Pune, we work in customer service, finance, accounting, procurement, HR services and other enabling functions – providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!

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 Ethics and Compliance Team and advance your career as an Inventory Accounting Analyst

Role Purpose

The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined product's 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 balancing 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 payment

Key Accountabilities
• Resolve Interface errors adhering to less than 48 hrs SLA. TAT.
• Resolving B2B & B2C queries independently.
• Reconciliation of Buy & Sell, bulk (Terminal), and retail activity.
• Research and resolution of exchange and physical inventory imbalances
• Research and resolution of exchange and storage & handling fee differences
• To Identify and resolve root cause errors and internal control gaps
• Facilitation and maintenance of internal and external business relationship

Key Challenges
• Ability to influence groups that may have differing priorities.
• Quickly respond to changing circumstances.
• Tailor communication style to suit the audience
• Issues and balancing items are at times sophisticated and multi-faceted to solve, requiring strong analytical and problem-solving ability.

Qualification & Exp

Experience And Proficiencies
• Crucial Education and Experience
• Bachelor’s Degree in Accounting, Finance, or related field.
• Ability to meet month-end close and other deadlines
• Strong analytical and problem solving skills
• Strong communication and interpersonal skills
• Good interpersonal skills - attention to detail
• Bias for action underpinned by a strong work ethic, teamwork and proven record

Desirable Criteria
• Experience in handling scheduling application WinDMS.
• Exposure to SAP interface queues, handling B2B & B2C queries.
• General accounting experience
• Experience with financial or logistical reconciliations
• Demonstrated proficiency with SAP
• Exposure to the Product Supply Business
• Familiarity with payables and receivables

Educational background

Bachelor's degree in Business, Accounting, Finance, or related field

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, 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 Reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting, Risk Management, Stakeholder 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, ****** 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.

💡 Quick Summary

Seeking a career-building opportunity? The Inventory Accounting Analyst position is now open for candidates interested in the Accountant Jobs sector. This role in Pune offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

Sponsored

Job Details

Company Name: bp

Frequently Asked Questions

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The expected salary for Inventory Accounting Analyst in Pune is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Inventory Accounting Analyst is an on-site position based in Pune. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Inventory Accounting Analyst. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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