ARC Senior Analyst

Entity: Finance Job Family Group: Finance Group Job Description: 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. It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you. Join our ARC Team and advance your career as an ARC Senior Analyst! The purpose of the job is: Deliver Finance Group and Statutory Reporting support to the business(es) and countries assigned to the role Support of timely monthly, quarterly and annual financial close processes in accordance with the Group Reporting Manual and any other relevant standards and provide support for any other relevant reporting requirements such as Balance Sheet Assurance, Intercompany Practice, group/external audit Carry out/support the statutory reporting processes in a timely and accurate manner to ensure timely submission of Upstream statutory accounts to Companies House in the UK and to the external authorities in the respective countries Will have a solid accounting knowledge and experience and will use this to work with other team members and to support Group Reporting Accountants and shall deliver finance and accounting support to the business(es) and legal entities assigned to the role. Work on complex or difficult accounting areas requiring extensive experience in order to ensure the correct reporting and accounting treatment. Work closely with Business / Country teams supported to ensure effective delivery, to resolve issues and put in place process improvements and resolve issues and queries may require reference to the audit of the entities the team is responsible for Provide back up support based on back up matrix In this role You will: Adhering with the tasks outlined in the QMS Systems of FBT Europe Carry out the quarter end/ month end close processes in a timely and accurate manner for complex or difficult accounting areas requiring extensive experience in order to ensure the correct reporting and accounting treatment. Resolution of issues and queries may require reference to Group Reporting Manuals and / or working closely with the Business / Country teams supported/BPO and other team members. Perform other (non-close related) group reporting activities independently, these will include daily / weekly / monthly tasks. Deliver the Statutory close for the entities / processes assigned to them working together with the Team Lead and ARC Managers. Prepare statutory deliverables for stakeholders (statutory accounts, lead schedules, director’s brief, tax pack, deliverables, quality control check lists) Ensure that Tax packs are filled in properly and in a timely manner and queries received from Tax Teams are answered in order to enable the timely preparation and submission of the Corporation Tax Return. Be familiar with the control environment and the CETs (Control Evaluation Template) relevant for own responsibility area / perform the responsibilities of CET owners if CET is assigned to them, flag any control risks or gaps in a timely manner to the ARC Manager and the Internal Control team Work with the ARC Managers, Business / Country teams and BPO to understand the priorities and work to deliver against these as required. Look for opportunities to drive process improvements of a notable nature and work with the relevant people to put these in place. Carry out balance sheet reconciliation work for businesses / countries supported, review reconciliations performed by the BSA Preparer - query resolution will be handled independently based upon previous experience. Support intercompany processes/segment reporting/group audit where relevant working closely with counterparties to ensure timely follow up and resolution on queries. Provide support for SFN preparation for processes such as capital injection, dividend declaration, liquidation, including liaising with other functions Work with the Business / Country teams supported and the BPO to ensure mutual understanding of all accounting entries and follow up on queries. Ensure all audit and tax queries