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**ARC Team Lead** - Finance Group, bp - Lead ARC accounting: purchases, inventory, taxes, fuel reconciliation, month-end/year-end close, ensuring accurate financials. - Drive financial reporting, IFRS compliance, risk management, and internal controls; act as accounting SME. - Lead and develop a team of accounting professionals; foster culture of ownership and collaboration. - Partner with business, operations, and cross-functional teams; collaborate with auditors and senior leadership. - Drive continuous improvement, digital automation, and transformation projects. - Requires over 7 years of experience in accounting, risk management, and team leadership. - Key skills: Accounting policy, process improvement, risk management, stakeholder engagement, digital fluency. - Hybrid office/remote working, eligible for relocation.
- Compensation
- Not specified
- City
- Not specified
- Country
- India
Currency: Not specified
Full Job Description
Entity:
Finance
Job Family Group:
Job Description:
Key Accountabilities
1. Accounting & Financial Ownership
Lead and ensure accurate and timely accounting of related transactions, including purchases, inventory, taxes, and pricing adjustments.
Lead all aspects of fuel inventory accounting, reconciliation, and variance analysis, ensuring alignment between physical stock, transactional records, and financial reporting.
Manage complex reconciliation activities across deliveries, sales, tanks, and pricing movements, resolving discrepancies and ensuring completeness of financials.
Own month-end and year-end close processes for overall accounting within RTR.
2. Accounting, Reporting & Controls
Ensure accuracy and completeness of actuals, forecasting, and financial reporting, with strong analytical review and variance commentary.
Drive adherence to IFRS and BP accounting policies, partnering closely with Accounting Policy teams.
Perform the margin reviews and moving average reviews.
Design and maintain robust internal controls frameworks to safeguard assets and ensure compliance with regulatory requirements.
Act as SME for accounting policy application, especially in complex and judgmental areas.
3. Risk Management & Governance
Lead and embed a strong risk management framework, proactively identifying financial and operational risks and implementing mitigation strategies.
Ensure standardization of processes and control adherence across entities and clusters.
Act as partner concern point for complex issues, applying judgment to resolve high-impact challenges.
4. Leadership & People Management
Lead, coach, and develop a team of accounting professionals and team leads, driving performance, capability building, and succession planning.
Set clear goals, performance expectations, and accountability frameworks across the team.
Foster a culture of ownership, collaboration, and continuous improvement.
5. Business Partnering &Collaboratorr Management
Act as a finance partner to business, operations, and cross-functional teams, providing insights to support decision-making.
Build strong relationships with site teams, supply chain, and fuel operations collaborators to ensure alignment and data accuracy.
Collaborate with auditors and senior leadership on financial performance, compliance, and reporting matters.
6. Continuous Improvement & Transformation
Drive improvements in execution, digital automation, and system optimization across accounting and RTR processes.
Find opportunities to reduce manual interventions, improve cycle times, and enhance data quality.
Lead or contribute to critical initiatives across FBT and finance transformation programs.
About bp
Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner!
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 accommodation.
Additional Information
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, veteran status, or disability status.
Travel Requirement
Relocation Assistance:
Remote Type:
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 bps 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.
