HVC Inventory SME at bp

Job Description

• HVC Inventory SME
• The Inventory Accounting SME role has the primary responsibility to ensure that we manage, control and develop our operations in a “process designed” manner to deliver value to the business. A core part of this responsibility (as it relates to inventory accounting) includes:

What You’ll Do

• The Inventory Accounting SME role has the primary responsibility to ensure that we manage, control and develop our operations in a “process designed” manner to deliver value to the business. A core part of this responsibility (as it relates to inventory accounting) includes:
• To support the Inventory Accounting Team Lead with operations management within the HVC Inventory Accounting team according to process design, especially in topics accounting, reporting and control and assisting with the co-ordination of workload across the Inventory Analysts within the team.
• To monitor and review day-to-day Stock Assurance activities and operations in accordance with relevant service level agreements, management strategies, goals and processes to ensure delivery meets customer expectations.
• Give assurance that all consignment stock sales have been recorded timeously, and that a monthly reconciliation of closing stock to physical stock is performed and stock gains & losses are validated and accounted for. Reconciling items are investigated and resolved and where necessary processed accordingly.
• Ensure that internal and external accounting and reporting is prepared in accordance with IFRS and BP Group Accounting policies
• Drive process simplification, standardization and continuous improvement with the respective operations and optimization teams
• Drive standardization of process controls and key performance metrics
• Support maintaining adherence to the standards & policies through providing relevant domain expertise to the operations and delivery teams
• Support inventory valuation processes for timely and accurate reporting of inventory balances for financial close monthly, quarterly, annually.
• Support volumetric control processes by providing assurance of the validity, accuracy and completeness of inventory movement capture, entitlement volume balances, Losses & Gains and closing stock balances in the depot and consignment site network.
• This person will work with high volumes of data and data sources across multiple systems, requiring extensive reconciliation and analytical experience to ensure volumetric and documentation control of stock movements and balances.
• This person will also provide back up support where required and provide effective support to system transformations in all phases of the project.

​​​​​​​About you:

• Proven track record and experience in inventory/cost accounting roles
• Hands-on experience in process re-engineering, improvements, and strong drive on process transformation
• Proficiency in stakeholder management and ability to influence, effectively collaborate and negotiate
• Ability to align operational and project management tasks and priorities
• Ability to manage work schedules and highlight and address related gaps within team
• Ability to harmonize and align people, business processes and systems with service delivery requirements
• Self-confident appearance in relation to the internal and outside world
• Strong communication and cooperation skills
• Strong analytical and problem-solving skills
• Ability to work independently in a rapidly changing environment and prioritize accordingly
• The ability to make informed and effective decisions
• Readiness for action and ability to work under pressure

​​​​​​​Desirable criteria

• Knowledge of SAP financial modules / functionality and reporting tools. 
• Oil/Energy proven experience and knowledge with an understanding of the terminology, business functions and processes would be helpful
• Previous experience in supervisory capacity