BP INCORPORATE INTERNATIONAL.
Location
Pune | India
Job description
The Asset Accounting Analyst will support the Asset Accounting Team Lead to ensure that the Fixed Asset and Lease Accounting processes are compliant with the Group Policies and Procedures. Specifically, they will support the delivery of silent running, ccurate and timely recording of all Fixed Asset and Lease Accounting transactions and processing in the ledgers. They are responsible for the resolution of outstanding reconciliation issues. Coaching team members and supporting change within the Fixed Asset and Lease Accounting team in the drive for exceptional partner service, operational excellence & compliance.
Job Description:
Key Accountabilities
Delivery of Fixed Asset Accounting with capitalization
Processing of disposals incl. preparation of disposal journals.
Period end close (monthly, quarterly, year-end) - transfer of assets under construction to addition
to fixed assets.
Ensuring proper accounting treatment, particularly with regard to fixed assets management in SL,
GL.
Verification and handling of adjusting entries and transfers for capital expenditures.
Screen and review inferior assets, preparation and booking of transfer posting documents.
Process depreciation in terms of local GAAP and IFRS with appropriate sense check and analyse
upcoming deviations.
Ensuring that all asset movements are compliant with BP Policy & Authorities (Group Reporting
Manual), local GAAP and IFRS.
Ensuring compliance with Component Accounting'.
Allocation of purchase requisition, handling of purchase requisition for capital expenditures local
GAAP and IFRS, account assignment and clearance PM-orders for capital expenditures).
Fixed Assets master data processing
Establishment and maintenance of projects and associated data and reporting
Reconciliation of accounts, preparation of quarterly reports and ad hoc reports.
Ensuring the right assignment of assets to the functional entities through monitoring activities
and reconciliation of fixed assets ledger.
Query handling for capital expenditures.
Deliver compliant services in line with period end close deliverables
Share knowledge within the wider team hold training on process changes
Partner with and support all members of the Hub Team to deliver process silent running, continuous system and process improvements, analyze and resolve the root cause of problems.
Support projects and connect related areas to drive process improvements.
Maintain appropriate fixed asset and lease accounting system documentation
Support team mailboxes used for user queries on all fixed asset and lease accounting issues.
Identification and resolution of internal control gaps
Facilitation and maintenance of internal and external business relationships
Essential Education and Experience
Bachelor s Degree in Accounting, Finance or related field.
Strong Experience with Microsoft Excel (data manipulation and validation)
Demonstrated competencies in the areas of process improvement
3 -5 years of experience in the areas of analytical skills, numeracy and financial awareness
Demonstrated proficiency with SAP
Ability to meet month-end close and other deadlines
Good analytical and problem-solving skills
Good communication and interpersonal skills
Good organizational skills - attention to detail
Team-focused, results oriented
Ability to work with deadlines, under pressure with a track record of delivery.
Partner and service-oriented thinking.
Desirable Criteria
Demonstrated fixed asset and lease accounting experience
Knowledge of G/L s, Income Statements, Balance Sheets
Communication-verbal & written
Working with a global mind-set
General accounting experience
Experience with financial reconciliations
Skills:
Accounting policy, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial accounting and reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting + 4 moreJob tags
Salary
