Inventory Analyst

Full time
Inventory Analyst
India, Pune 4 days ago

Job category
Finance
Experience level
Intermediate
Relocation available
This role is not eligible for relocation
Job type
Professionals
Travel required
No travel is expected with this role
Job code
RQ106494
Job Description

We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our Finance Team and advance your career as Inventory Analyst

1. Role Particulars
Role Title: Inventory Accounting Analyst Segment: Corporate & Functions
Job Level: 4 Function: Finance-GBS

Reports to: Inventory TL, NFN 4729 Business Unit:
Travel: No Tower/Enabling: HVC (Hydrocarbon Value
Chain)
Shift
PEC - FIN 4: 5:30 AM to 2:30
PM
or 9AM – 6PM
General Shift – Non PEC
Direct Reports: N/A Location: Pune, India
2. Role Purpose
The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined
products inventory. This includes a monthly reconciliation of exchanges, 3rd party terminals, pipelines, in transit bulk
locations by comparing SAP transaction data to the custody / confirmation statement received from the 3rd party
operator, performing the reconciliation, identifying reconciling items, and posting gains and losses. The Regional
Inventory Accounting Analyst is responsible for the resolution of these outstanding reconciliation items and issues
working closely with front office teams, settlement analysts, volume / transaction control staff and 3rd parties. This
includes related storage and handling fees: validating and approving these in readiness for payment.
3. Key Accountabilities

• Identification and resolution of Interface errors adhering to less than 48 hrs. TAT. Handling B2B & B2C

queries independently.

• Reconciliation of exchange, truck, bulk, and retail activity
• Research and resolution of exchange and physical inventory imbalances
• Research and resolution of exchange and storage & handling fee differences
• Identification and resolution of root cause errors
• Identification and resolution of internal control gaps
• Facilitation and maintenance of internal and external business relationships

4. Key Challenges

• ability to influence groups that may have differing priorities.
• quickly respond to changing circumstances.
• tailor communication style to suit the audience
• issues and reconciling items are at times complex and multi-faceted to resolve requiring strong analytical and

problem-solving ability.

5. Mindset
Own your success

• Responsible for delivering innovative business outcomes
• Seeks opportunities to improve and digitize process delivery
• Adheres to safe and ethical work practices

Think big • Actively builds own knowledge, capabilities, and skills for the future.

• Values teamwork and collaborates to achieve results

Be curious • Willing to suggest new ways of working, processes, and technologies.

• Ensures the delivery and improvement of digital solutions to benefit customers

Effortless customer
experience

• Understands customer needs and delivers digital seamless self-service customer

experiences

• Fosters cross-functional collaboration in support of One Finance

Digital first • Applies creative digital solutions to solve problems

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.

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.
Our innovative Energize recognition points programme and spot awards translate exceptional performance into tangible rewards, to motivate our high performers.Pay bp offers competitive pay in line with industry standards, making us an employer of choice. Discretionary bonusWe offer discretionary bonuses to reward strong company, business unit and individual performance, and recognition awards, including those related to long service to recognize commitment to the company. Retirement & savings We offer a range of discretionary retirement and savings plans to help provide you and your family with financial security. Insurance benefitsTo give you additional peace of mind, bp provides valuable insurance benefits in some countries. These are designed to provide financial assistance to employees and their families if employees become unwell or die in service. EquityDepending on your location and job level, there may be equity (stock and share) options you are eligible to join so you can be part of bp’s success.