Junior AR Analyst at BP Fuel Garage

pune, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

08 May, 26

Salary

0.0

Posted On

07 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Receivable, Collections, Cash Application, Reconciliation, Direct Debit Run, Invoice Matching, Period Close, Fraud Monitoring, Analytical Skills, Financial Accounting, Interpersonal Skills, Decision-Making, Prioritization, AS 400, SAP

Industry

Oil and Gas

Description

Entity: Finance Job Family Group: Business Support Group Job Description: At bp, we’re reimagining energy for people and our planet. We have an ambitious ambition to be a net zero company by 2050 or sooner, and help the world get to net zero. Creating a more efficient business that makes the best use of its resources is a critical part of getting there. And that’s what our new FBT center in Pune, India is here to do – put digital at the heart of our business and accelerate the transformation of bp’s business procacross the world globe. Driven by the bp values and comprising capabilities in data, procurement, finance and customer service, the GBS center will drive latest digital solutions and agile ways of working. The Senior AR Collections Analyst is accountable for timely and accurate recording of collections, direct debit run and match invoices into the AR ledgers. The main responsibility is to post cash to outstanding invoices and undertake the reconciliation of a variety of currency account reconciliations, added to several specific accounting tasks from simple to medium transactions. Acting as support to the collections team, to ensure customer accounts are supervised are tightly controlled and aligned with BP Policy. This includes regular contact with internal / external collaborators to reach yearly goals / targets. Prepare documents for period close while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance Build up and maintain professional relationship with Business Partners. Key Responsibilities- Understand the business and drive execution/Operations: 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 to the policy. Timely allocation of incoming payments, unapplied cash, and research on payment discrepancies Lead the A/R sub ledger close and support preparation of documents / adjustments for monthly, quarterly and year-end close. Supervise and reconcile monthly, quarterly and yearly reports in charge of account reconciliation related queries Monitor credit and/ or cash and banking fraud violations and inform / involve all relevant collaborators within their Delegation of Authority Provide support to the whole AR / Collections /Cash and Banking or Treasury/ team to ensure delivery of the team’s agreed targets. Take care of 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 necessary. Maintaining the action to supervise and resolve outstanding A/R, Collections activities / issues which need immediate attention in coordination Drive follow-up, share and provide resolution within the team and internal or external customers. Review the weekly and monthly bank reconciliation to ensure no unidentified deposit and keeping tracks and reconciles daily/monthly AR balance Maintain and develop working relationships with Cross functional internal or external GBS Education and Experience Bachelor’s degree or equivalent experience in economics, Business, Finance, Accounting or related field with relevant language skills. Previous accounts receivable, cash application, master data or data analytical /customer service experience (7-10+ years) Shared service center experience preferably in oil and gas industry/or any multinational Experience dealing/working with sales and external customers Good Analytical and numerical skills with sound financial accounting experience. Relevant systems knowledge – AS 400 and SAP Skills and competencies Good interpersonal, influential and decision-making skills to manage and maintain good relationships with key collaborators. Able to take care of complex situations while maintaining the right balance of customer and business focus Able to consistently review and adapt approach and style to meet ever changing requirements. Able to manage conflicting work issues and deadlines to ensure deliveries are met and knows when to bring up urgent matter in a timely manner. Able to prioritize, handle urgent issues and situations, following through to resolution in a timely manner and focusing efforts to deliver business value, advancing properly if needed Able to produce consistently high-quality information within tight deadlines Being able to work under fast paced environment Detail oriented We are an equal opportunity employer and value diversity at our company! We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided with 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 accommodation. Travel Requirement Negligible travel should be 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: 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. We aim to be a very different kind of energy company by 2030 as we scale up investment in low-carbon, focus our oil and gas production and make headway on reducing emissions. Our new strategy kickstarts a decade of delivery towards our #bpNetZero ambition.

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Responsibilities

The analyst is responsible for the timely and accurate recording of collections, managing direct debit runs, and matching invoices into the AR ledgers, including posting cash to outstanding invoices and performing various currency account reconciliations. Key duties also involve supporting the collections team to ensure customer accounts are tightly controlled and aligned with BP Policy, while preparing documents for period close.