BP Americas, Inc. Senior Financial Analyst – Reporting and Systems Team Lead in Houston, Texas

81472BR

Job title:

Senior Financial Analyst – Reporting and Systems Team Lead

Segment:

Corporate & Functions

Role synopsis:

The Senior Financial Analyst – Reporting and Systems is a team lead and significant individual contributor position on the U.S. External Reporting team within Group Finance that is responsible for leading and contributing to complex accounting issues and reporting processes, evaluation of significant and unusual transactions, and the development and implementation of reporting documentation standards. This position is also responsible for leading the team’s systems knowledge, reporting automation strategy and improvements, account data evaluation and variance techniques, and the primary relationship role with the Business Support Office personnel.

Group Finance represents the Finance function within the Other Business & Corporate (“OB&C”) segment of the Company. The OB&C segment’s business remit includes corporate and other business finance functions that are not aligned to the Exploration & Production (Upstream) or Refining & Marketing (Downstream) segments. Group Finance performs, among other primary responsibilities, generation of company-wide external financial reporting for SEC, statutory, and various government economic requirements. The U.S. External Reporting team is the largest statutory reporting entity in BP and delivers financial analysis and reporting of International Financial Reporting Standard (IFRS) financial statements for BP America Inc. and BP Corporation North America. The financial statements prepared by the team encompass over 350 reporting entities operating in over 40 countries with combined yearly revenue supporting 35% - 45% of the Group results and approximately 50% of total Group assets. The reports are distributed to numerous recipients, including customers, vendors, government agencies, financial institutions, and commodity exchanges. In addition, the team provides input into the quarterly documents filed by the parent company (BP Plc.) to the U.S. Securities and Exchange Commission.

Req ID:

81472BR

Location:

United States - Texas - Houston

Is this a part time position?:

No

Relocation available:

No

Travel required:

No

Key accountabilities:

  • Lead and individually contribute to the more complex reporting processes in the corporate consolidation process and financial statement preparation and assist the Manager in the execution of key reporting control activities.

  • Lead in the comprehensive evaluation of various unusual transactions to ensure timely confirmation of the accuracy, completeness, validity and ultimate integrity of accounting transactions and reported financial statements.

  • Lead the assurance of the corporate structure integrity controls to ensure proper accumulation of subsidiary reporting units into the financial statements.

  • Lead specialist in analysis of financial data and reports from the Group financial consolidation system.

  • Lead the development of documentation and standards on the team to ensure proper controls and guidelines to ensure accuracy, completeness, and validity in all team members’ abilities to run, assess, and validate financial data against trends and knowledge of multiple company reporting units.

  • Lead the generation and validation of system financial reports in the BP America corporate consolidation process and ensure key reporting control activities to validate structure and unique characteristics of the reporting entities and all subsidiary reporting units into the period end financial statements.

  • Lead individual responsible for oversight of the detailed analysis of period to period variances.

  • Lead and/or assist in the validation of data generated to support comprehensive evaluation of various unusual transactions and assist in timely confirmation of the accuracy, completeness, validity and ultimate integrity of accounting transactions and reported financial statements.

  • Lead and/or assist various special projects and ad hoc reporting to the Manager of External Reporting.

  • Provide oversight, review, and guidance to junior members on the team to ensure accurate financial reporting, proper documentation standards, knowledge and skill development, and promote team unity in the collective goal of quality financial statements and information reports submitted in a timely manner.

  • Research and assist in the guidance and application of company accounting policies and standards on the financial statements.

  • Develop new and enhance existing relationships through positive influence with business and function partners to contribute cross-functional projects and knowledge sharing.

  • Enhance cross functional team projects as Finance SME with various operational business units, Tax, Treasury, Group Accounts, Group Policy and accounting service provider (Accenture).

  • Considerable interaction and leadership with external auditors in support of quarterly and year-end procedures and financial statements audit.

Essential Education:

  • Accounting degree or equivalent experience.

Desirable criteria and qualifications:

  • CPA or equivalent certification.

  • Minimum 7 – 10 years progressive accounting experience.

  • SEC reporting experience.

  • Experience or working knowledge of SAP.

  • Experience working with Finance Business Warehouse.

  • Optimal candidate would have 5 – 7 years of progressive accounting experience with BP, a Fortune 500 company, or premier public accounting firm.

About BP:

Our business is the exploration, production, refining, trading and distribution of energy. This is what we do, and we do it on a truly global scale. BP operates with business activities and customers in more than 80 countries across six continents. Every day, we serve millions of customers around the world. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

The Finance Function fulfills three key activities: to report financial and operational results, both internally and externally, with independence and integrity; to support business performance management and planning processes by using consistent data collection and reporting processes; and to integrate financial and commercial processes to enable end to end optimization. Finance also supports the development of annual and long term plans, strategies and performance management processes as well as provides economic analysis and Group Investment Assurance and Approval Process (GIAAP) support for business opportunities, investments and other specific projects as needed.

Application close date:

02-Jun-2017

Sub-category:

Financial Accounting & Reporting

Job category:

Finance

Countries (State/Region):

United States - Texas

Disclaimer:

If you are selected for a position in the United States, your employment will be contingent upon submission to and successful completion of a post-offer/pre-placement drug test (and alcohol screening/medical examination if required by the role) as well as pre-placement verification of the information and qualifications provided during the selection process. The drug screen requires a hair test for which BP must be able to obtain a sufficient hair sample for analysis (4 cm/1 ½” scalp, or > 2 cm/¾” body – arms & armpits/legs/chest).

BP is an equal employment opportunity and affirmative action employer. View our policy statement .

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

If you are a US-based applicant or you are applying to a position in the US and you are an individual with disability or a disabled veteran, and would like any type of assistance to apply or to access or to attend any recruitment or selection event, system or process, we would like to help you to ensure that your application process goes as smoothly as possible. If you need assistance, information, or answers to your questions, and you are an individual with disability or a disabled veteran, feel free to contact us or have any of your representatives contact us at BP US Application Assistance BPUSApplicationAssis@bp.com ,Telephone: 281.366.1999.

Read the Equal Employment Opportunity is the Law poster and the poster supplement - for more information about Equal Employment Opportunities. ( Spanish version )

An equal opportunity employer/disability/vet.

Essential experience and job requirements:

  • Knowledge of IFRS, financial analysis, consolidations, minority interest, joint ventures, and other ownership structures.

  • Ability to articulate complex accounting and reporting issues.

  • Ability to work with influence to gain confidence and support at various levels of the organization (management, peers, and subordinates) on other teams.

  • Advanced Microsoft Excel skills.

  • Solid communication skills and excellent interpersonal skills.

  • Strong analytical and problem solving skills with an inquisitive nature.

  • Self-driven performer with ability to work both as an individual contributor, a leader of others, and a functional member of a team aligned to collective goals and objectives.

Other Requirements (eg Travel, Location):

There are no additional requirements. Please respond with N/A below.

Eligibility Requirements:

If you are applying for a position in the United States, you must be at least 18 years of age, legally authorized to work in the United States; and not require sponsorship for employment visa status (e.g., TN, H1B status), now or in the future.