AR Analyst

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Job Family Group:

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 a/an

Job Purpose:

The Accounts Receivable (AR) Analyst is responsible for leading and optimizing the accounts receivable process, including payment allocations, dispute resolution, and reporting. The role involves maintaining accurate financial records, analyzing collection trends, and collaborating with internal teams to address receivables-related issues. Ideal candidates have a degree in Finance or Accounting, 4-6 years of experience in AR, proficiency in MS Excel, and strong analytical and communication skills.

Key Accountabilities

• Understand the business and drive execution:
• Allocation of incoming payments including Direct Debit allocation, wire transfer, cheques)
• Monitoring of open items / overdue payments / accounts and payment runs
• leading returned funds, deductions and other differences
• Preparation of manual posting documents, posting against provisions
• Prepare reports and supervise / verify master data and taking part in closing activities
• Handle payment discrepancies by investigating and resolving issues related to short payments, overpayments, and unidentified payments.
• Running the TDS deductions and reconciliation
• Maintain up-to-date and accurate records of all cash receipts.
• Ensure all transactions are recorded in compliance with company policies and accounting principles.
• Analyze payment patterns and provide insights to improve cash application processes.
• Liaise with customers/sales team to resolve payment issues and clarify discrepancies.
• Find opportunities for improvements in execution to enhance efficiency and accuracy in cash application.

Participate in projects aimed at automating and streamlining cash application processes

• Operations support:
  • Monthly management reporting
  • Leading ad hoc audit queries
• Transformation, Continues Improvement and Transitions
  • Accountable to chip in transformation and CI initiatives.
• Project Management involvement & support
  • Active involvement in any strategic, operations or system AR related projects
  • Enable project implementations by supporting project teams and running own team
• Operational/Strategic/Audit Compliance:
  • Ensure an effective resource management and backup structure is in place

Ensure compliance with BP, legal and regulatory requirements

Key Challenges

• Able to consistently review and adapt approach and style to meet constantly evolving requirements.
• Experienced to lead conflicting work issues and deadlines to ensure results are met and knows when to advance urgent matter on timely manner.
• Being able to work under fast paced environment
• Experience using JDE/SAP and MS Office application

Requirement to work some Public Holidays / Saturdays.

Travel Requirement

Relocation Assistance:

Remote Type:

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.