Entity:

Supply, Trading & Shipping

Job Family Group:

Finance Group

Job Description:

Revenue Assurance Senior Analyst – Job Description

Job Title:

Revenue Assurance Senior Analyst

Team:

BP Energy Retail Company LLC

Revenue Assurance Senior Analyst

To ensure revenue integrity and support profit and loss analysis for bp’s natural gas and electricity retail energy business, by comparing forecasts to actual revenue, analyzing volumetric and financial variances, designing and implementing new controls and monitoring mechanisms, owning and remediating journal entry failures, and leading efforts to automate and improve revenue processes. This role employs big data and advanced analytics to deliver actionable insights.

This role works with the Director of Revenue Assurance and interacts with BP Energy Retail Company LLC. , Customer management and Revenue Assurance.

Key Responsibilities:

Forecast vs. Actual Revenue Analysis

• Compare forecasted revenue to actuals across services, contracts, market (ISO, utility, LDC), and customer segments.
• Investigate and explain revenue variances, including timing, pricing, and volume-related factors.
• Provide insights into how revenue performance affects profit margins and overall P&L.

Volumetric & P&L Variance Analysis

• Analyze large datasets to detect usage anomalies in energy usage, meter data, and billing.
• Quantify the financial impact of volumetric variances on revenue and cost structures.
• Translate technical findings into business language for P&L reporting and executive presentations.

Revenue Controls & Monitoring

• Design and implement new automated controls to monitor billing accuracy and revenue streams.
• Develop exception reports and alerts for anomalies in billing, usage, and revenue recognition.
• Establish monitoring frameworks and dashboards to proactively detect revenue leakage.
• Maintain audit trails and documentation for all revenue assurance processes.

Journal Entry Ownership & Remediation

• Be responsible for the identification and resolution of journal entry failures related to energy revenue transactions.
• Collaborate with accounting and finance teams to ensure accurate and timely revenue postings.
• Investigate root causes of failed entries and implement corrective actions, documenting remediation steps for continuous improvement.

User Acceptance Testing & Process Improvement

• Perform user acceptance testing (UAT) to validate revenue journal entries and reporting logic.
• Identify opportunities for process improvement to reduce manual intervention and exceptions, working closely with IT and business stakeholders to define technical requirements for automation and system enhancements.

Big Data Handling & Automation

• Work with structured and unstructured data from multiple sources (e.g., ERP, billing system, CRM).
• Build scalable data pipelines and automated reporting tools and dashboards using SQL, Power BI, and cloud platforms.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Data Science, or a related field.
• 5–7 years of demonstrated ability in revenue assurance analytics, preferably in the energy sector.
• Proficiency in SQL, and data visualization tools (e.g., Power BI, Tableau).
• Experience with big data platforms (e.g., AWS, Azure).
• Solid understanding of revenue recognition principles, P&L structures, and financial controls.
• Experience with journal entry workflows and ERP systems (e.g., SAP, Oracle, NetSuite).
• Excellent attention to detail and collaborative problem-solving skills.

Preferred Skills:

• Experience in industries with complex billing (e.g., preferably energy)
• Familiarity with revenue methodologies and audit frameworks.
• Ability to communicate technical findings in a clear, business-oriented manner.
• Knowledge of machine learning or statistical modeling for predictive revenue analysis (a plus).

We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. These benefits include a pension for eligible employee[LC2] . You may learn more about our generous benefits at Core U.S. Benefits.

As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability. You may learn more about our generous benefits at Core U.S. Benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, 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. Don’t hesitate to get in touch with us to request any accommodations.

Why join bp:

At bp, 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 encouraging 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, a generous paid parental leave policy, and excellent retirement benefits, among others!

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:

Analytical Thinking, Business process improvement, Collaboration, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Internal control and compliance, Problem Solving, Resilience, Thought Leadership, Trading knowledge

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.