Execution Senior Analyst, Payments
Full time
at BP p.l.c.
in
Online
Posted on March 31, 2024
Job details
- Travel required Negligible travel should be expected with this role
- Job category Procurement & Supply Chain Management Group
- Relocation available This role is eligible for relocation within country
Job summary
Entity: Finance Job Family Group: Procurement & Supply Chain Management Group Job Description:Key Accountabilities and challenges
Accountable for ensuring accurate and timely recording and payment of all third party supplier invoices while ensuring adherence to policies and procedures in the drive service, operational excellence and compliance.- Ensure accurate and timely delivery of payment processing services.
- Lead and watch the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected.
- Implement policies with the Balance Sheet Integrity/ Reconciliation standard; accurate and timely reporting to Internal on ledgers for which the team is responsible.
- Work with relevant Internal Control team to keep controls currently owned within the team and facilitate internal and external audit review
- Provide payables related advice and information as and when required.
- Implement standard methodologies for the expense process and identify, propose and implement continuous improvement opportunities in existing processes.
- Regularly lead and resolve pending issues that have been brought up, or further call out to the necessary parties.
Transaction Resolution:
- Review and analyze open items, including invoices, credit memos, and payments, to identify discrepancies and resolve pending issues.
- Investigate root causes of open items and collaborate with internal collaborators to address underlying issues and prevent recurrence.
- Ensure that all transactions are accurately recorded and properly documented in accordance with company policies and accounting standards.
Expectations
- High level of familiarity with the systems used in order to maintain and reconcile the system to ensure it stabilizes accurately.
- Thorough knowledge in payment processing.
- There is a high financial and reputational threats involved in timely and accurate payments processing. Payments reviewed thoroughly to ensure completeness and accuracy.
- Invoices need to be processed and verified in an accurate and timely way within timelines.
- Collaborating closely with vendors and colleagues in different time zones and potentially in different languages requiring meticulous coordination between teams.
- Working hours (ANZ/ASPAC/UK/Europe/US shift) to support Business Partners
Education & Experience
- Any Graduate or equiv in Finance, Accounting
- Experience of 8yrs in general accounting and/ or payables operations
Apply safely
To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.