Entity:

Finance

Job Family Group:

Procurement & Supply Chain Management Group

Job Description:

Role Synopsis

The Payables Senior Analyst is accountable for ensuring all invoices are approved appropriately, and accurate and timely recording and payment of all third party supplier invoices. Resolves sophisticated issues as and when vital while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational perfection and compliance.

Key Accountabilities

Service Delivery

• Perform timely and accurate recording of third party supplier invoices into the ledgers, in line with relevant requirements, policies and procedures.
• Monitor open and overdue invoices and communicate and follow-up accordingly with the appropriate team members.
• Gather, collate and analyse data in order to prepare and maintain various reports as needed.
• Perform the monthly, quarterly and year-end close activities.
• Preparation of manual posting documents and posting against provisions.
• Resolve invoice and payment issues that have been escalated as first escalation point.
• Analyse the root cause and resolve invoice and payment issues. Recommend remediation/ process improvement .
• Provide payables related advice and information as and when required.

Organisational Change

• Support MoC by embracing and effectively delivering process changes.

Risk Management

• Reconcile the relevant system and journals, and ensure that all invoices are approved appropriately and paid on time.
• Lead and coordinate the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected.
• Enforce compliance with the Balance Sheet Integrity/ Reconciliation standard; accurate and timely reporting to Internal Control on ledgers for which the team is responsible.
• Work with relevant Internal Control team to maintain controls currently owned within the team and facilitate internal and external audit review

Continuous Improvement

• Support continuous improvement in accounts payable operational processes, process simplification and compliance.
• Conduct Root Cause Analyses, on recurring and/ or common invoice issue and recommend remediation actions.

Essential Education

• Bachelor’s degree in Accountancy, Finance, Business or Supply Chain or suitable similar qualification; or currently pursuing professional qualification (ACCA, CPA or CIMA)

Qualifications

• Minimum 3 years of experience in Finance or Procurement / Supply chain/ Order to Cash, gained preferably in a multinational environment
• Strong analytical skills; experience reviewing data and analyzing trends.
• Strong Excel knowledge, Sophisticated knowledge using ERP systems (SAP, JDE, Oracle etc.)
• Experience in troubleshooting and identifying root cause.

At bp, we provide the following environment and benefits to you:

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the demeanor of giving back to our environment are highly valued

• Possibility to join our social communities and networks

• Learning opportunities and other development opportunities to craft your career path

• Life and health insurance, medical care package

• And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

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 policy, Accounting Processes and Financial Systems, Analytical Thinking, Analytics, Business process control, Business process improvement, Customer centric thinking, Data Analysis, Digital Automation, Digital Fluency, Financial Reporting, Internal control and compliance

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.