Junior AR Analyst

1 week ago


Pune, Maharashtra, India BP Energy Full time

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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
  • Handle 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 the need arises
  • Maintaining the action to act and resolve outstanding A/R, Collections activities / issues which needs immediate attention in coordination with different customers.
  • Review the weekly and monthly bank reconciliation to ensure no unidentified deposit and keeping tracks and reconciles daily/monthly AR balance

Customer management:

  • Maintain and develop working relationship with Cross-functions internal or external GBS
  • This position's primary interfaces
  • BP GBS Credit, Collections, A/R & Accounts Payable Team
  • BP Local Country or Regional Finance Team
  • BP Group Treasury
  • Banks

System Support and knowledge:

  • Understand related ERP systems and support ERP improvements and developments

Project Management involvement & support

  • Participate in Continuous Improvement Initiatives and projects,
  • Support Power BI by implementing standard methodologies; initiate and raise "quick wins" where these are relevant. Look for opportunities in current processes by means of automation and transformation.

Operational/Strategic/Audit Compliance :

  • Maintain compliance with BP, legal and regulatory requirements applying to the department's activity like the Cash and Banking Guide/ Policy, QMS/EMS Policy etc
  • Maintain the established Process Controls (Framework) are followed up, raise any gap identified and follow with the relevant PCO and teams responsible to perform them.
  • Maintain compliance to all statutory and audit requirements by ensuring that all Primary controls are in place.
  • Maintain Process documentations (SOPs or DTPs) up-to-date, meet required quality standards and is accurate.

Requirements:

  • Aligning with all BPs Health or equivalent experience, Safety, Security and Environment (HSSE) policies and procedures including, wearing of personal protective equipment (PPE); accident, injury incident and near miss reporting; and the good use of equipment
  • Aligning HSSE directions of your line manager or HSSE Manager
  • Participating in HSSE training and discussions, workplace inspections and audits, and assist in the resolution of health and safety issues as the need arises
  • Chipping in to successful implementation of HSSE programmes and initiatives
  • Aligning with BP's Code of Conduct, taking a professional and focused approach to working with suppliers, to ensure clarity, consistency and fairness. Our procurement and supply chain management principles are always applied within that framework and in the context of relevant laws, presidential decrees and other regulations
  • Raising an immediate issue with the T&SL should any concern come to light regarding the ability of a supplier to meet BP HSSE standards.

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, Collaboration, 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 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

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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