HVC Inventory SME

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

HVC Inventory SME

The Inventory Accounting SME role has the primary responsibility to ensure that we manage, control and develop our operations in a “process designed” manner to deliver value to the business. A core part of this responsibility (as it relates to inventory accounting) includes:

What You’ll Do

• The Inventory Accounting SME role has the primary responsibility to ensure that we manage, control and develop our operations in a “process designed” manner to deliver value to the business. A core part of this responsibility (as it relates to inventory accounting) includes:

• To support the Inventory Accounting Team Lead with operations management within the HVC Inventory Accounting team according to process design, especially in topics accounting, reporting and control and assisting with the co-ordination of workload across the Inventory Analysts within the team.

• To monitor and review day-to-day Stock Assurance activities and operations in accordance with relevant service level agreements, management strategies, goals and processes to ensure delivery meets customer expectations.

• Give assurance that all consignment stock sales have been recorded timeously, and that a monthly reconciliation of closing stock to physical stock is performed and stock gains & losses are validated and accounted for. Reconciling items are investigated and resolved and where necessary processed accordingly.

• Ensure that internal and external accounting and reporting is prepared in accordance with IFRS and BP Group Accounting policies

• Drive process simplification, standardization and continuous improvement with the respective operations and optimization teams

• Drive standardization of process controls and key performance metrics

• Support maintaining adherence to the standards & policies through providing relevant domain expertise to the operations and delivery teams

• Support inventory valuation processes for timely and accurate reporting of inventory balances for financial close monthly, quarterly, annually.

• Support volumetric control processes by providing assurance of the validity, accuracy and completeness of inventory movement capture, entitlement volume balances, Losses & Gains and closing stock balances in the depot and consignment site network.

• This person will work with high volumes of data and data sources across multiple systems, requiring extensive reconciliation and analytical experience to ensure volumetric and documentation control of stock movements and balances.

• This person will also provide back up support where required and provide effective support to system transformations in all phases of the project.

About you:

• Demonstrated experience in leading a Finance or Accounting team at operational level with responsibility for driving process execution, managing priorities and ensuring service delivery against defined targets and SLAs

• Proven track record and experience in inventory/cost accounting roles

• Hands-on experience in process re-engineering, improvements, and strong drive on process transformation

• Proficiency in stakeholder management and ability to influence, effectively collaborate and negotiate

• Ability to align operational and project management tasks and priorities

• Ability to manage work schedules and highlight and address related gaps within team

• Ability to harmonize and align people, business processes and systems with service delivery requirements

• Self-confident appearance in relation to the internal and outside world

• Strong communication and cooperation skills

• Strong analytical and problem-solving skills

• Ability to work independently in a rapidly changing environment and prioritize accordingly

• The ability to make informed and effective decisions

• Readiness for action and ability to work under pressure

Desirable criteria

• Knowledge of SAP financial modules / functionality and reporting tools. 

• Oil/Energy proven experience and knowledge with an understanding of the terminology, business functions and processes would be helpful

• Previous experience in supervisory capacity

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. 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.