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Pune, Maharashtra, India
Hybrid
Entity:
Finance
Job Family Group:
Job Description:
Background and purpose of role:
BP is driving a central transformation project with an objective to upgrade and standardardise the policies, process, control and technology around balance sheet assurance/ reconciliation and journal entry, to implement an integrated solution via Blackline SaaS solution.
The project aims to bring digitization and enhance BP’s balance sheet reconcliation and manual journals operating and assurance capabilities.
This role is going to play a pivotal role as a part of project team. Primary objective of this role is to Prepare Balance Sheet reconciliation in BlackLine tool for BP. This role will require in-depth understanding of R2R functions and balance sheet reconciliation process in BlackLine.
The role entails ample opportunities and requires working with senior stakeholders across BP’s GBS teams, liaise up with BP-wide finance and control teams.
Key Results / Accountabilities:
Key roles and responsibilities will include:
§ Conduct regular reconciliations of balance sheet accounts to ensure accuracy and completeness.
§ Ensure compliance with company policies, accounting principles, and regulatory requirements in all reconciliation activities.
§ Stay updated on accounting standards and regulations relevant to reconciliation practices.
§ Investigate and resolve any variances or discrepancies identified during the reconciliation process.
§ Collaborate with relevant stakeholders to address issues and discrepancies promptly.
§ Document all reconciliation activities, findings, and resolutions in accordance with company standards.
§ Continuously evaluate and improve reconciliation processes to enhance efficiency and accuracy.
§ Provide recommendations for enhancements or automation of reconciliation procedures, leveraging BlackLine functionalities where applicable.
§ Collaborate with other departments or teams to obtain necessary information or support for reconciliations.
§ Provide training and support to other team members or stakeholders on BlackLine reconciliation processes and best practices.
§ Assist with special projects, audits, or other ad hoc requests related to balance sheet reconciliations as needed.
§ Flexibility to take on additional responsibilities or tasks within the finance or accounting function as required.
§ Analyze reconciliation data to identify trends, patterns, or areas for improvement.
§ Support internal and external audit processes by providing requested documentation and explanations.
Key Challenges:
§ Demonstrate clear understanding of the business context of the company in order to deliver high quality service.
§ Quick to react and adapt to constantly changing business requirements to support rapidly changing business requirements.
§ Ability to interact with and influence people at all levels, geographies and time zones within the organisation, building strong relationships quickly.
§ Complete understanding of system landscape and infrastructure
§ End to end understanding of GBS control monitoring and governance processes.
§ Ensuring that BP's control environment remains effective through compliance with internal/ external requirements via the application of controls and systems across all activities in scope of operations.
§ Looks for ways to do things better, faster, more efficiently.
Qualification and Experience.
Education and Experience
Knowledge and Skills Required
Desirable
Leadership Competencies
Value Expertise
Develop capability through continual learning: Proactively develops the expertise of themselves and others and encourages and supports a climate of continual learning.
Energise People
Foster effective teamwork and collaboration: Facilitates effective teamwork and builds collaborative relationships internally and externally.
Act Decisively
Demonstrate relentless drive and determination: Continually demonstrates a real hunger and drive to achieve, high levels of energy and a solid resilience, and understands and manages the impact of this on others.
Deliver Results
Manage risk and drive safe, reliable and efficient operations: Proactively manages risks and insists on sustained operational excellence.
Mindsets
Own your success
· Demonstrates leadership and is accountable for driving team performance
· Inspires teams to evaluate and enhance delivery of business outcomes
· Models safe and ethical work practices and a culture of transparency
Think big
· Actively seeks opportunities to transform and enhance processes and systems
· Constantly seeks ways to transform, improve and innovate
· Builds the skills and knowledge of self and the team and promotes a collaborative team environment
Be curious
· Encourages a culture of curiosity across teams
· Ensures the delivery and improvement of digital solutions to benefit customers
· Supports the team to try new technologies, fail and learn fast and implement solutions at pace
Effortless customer experience
· Drives team to understand customer needs and deliver digital seamless self-service customer experiences
· Fosters cross-functional collaboration in support of One Finance
Digital first
· Keeps up-to-date with digital innovation and seeks digital solutions for problems
· Encourages the team to deliver creative digital solutions
Join our Team and advance your career as an Ethics & Compliance Liaison, Finance FBT!
At bp, we support our people to learn and grow in a diverse and ambitious 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.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accomodation.
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
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Legal Disclaimer:
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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.
