Fixed Asset Senior Accountant

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 Fixed Asset Accounting Team and advance your career as a Fixed Asset Senior Accountant! The purpose of the role is to: Ensure timely and accurate Fixed Asset Accounting for a number of entities in the country supported by the team Ensure full reconciliations from ledgers to statutory accounts and corporate reporting Timely response to queries raised on accounts and other analyses Reporting and control activities to assure compliance with relevant laws and regulations in the country supported Coordinate timely monthly, quarterly and annual fixed assets close processes in accordance with the Group Reporting Manual and any other relevant standards and provides support for other local or group reporting requirements such as Balance Sheet Integrity / Balance Sheet Assurance, Intercompany reconciliations and Group Charges Work closely with the Team Leader and Business / Country teams to understand the priorities and provides back up support to the Team Leader during times of team leader absence. Takes over ad-hoc and other delegated activities for the whole team. Coordinate team tasks, especially for fixed assets team part. Provide guidance and support to other team members and assists in the resolution of queries. Cooperate with other teams in case of problem solving or support. Manage projects and related organisational change to ensure optimal use of resources and achieve objectives within schedule and budget. In this role You will: Inventory Management Fixed Asset Accounting Capitalization of assets Processing of disposals incl. preparation of disposal journals and related guidance and support to other team members. Ensuring proper accounting treatment, particularly with regard to fixed assets management in SL, GL. Period end close (monthly, quarterly, year-end) - transfer of assets under construction to addition to fixed assets. Verification and handling of adjusting entries and transfers for capital expenditures. Screen and review inferior assets, preparation and booking of transfer posting documents. Process depreciation in terms of local GAAP and IFRS with appropriate sense check and analyse upcoming deviations. Ensuring that all asset movements are aligned with BP Policy & Authorities (Group Reporting Manual), local GAAP and IFRS. Ensuring compliance with „Component Accounting". Adhering with the tasks outlined in the QMS Systems of FBT. Fixed Assets master data processing. Reconciliation of accounts, preparation of quarterly reports and ad hoc reports. Ensuring the right assignment of assets to the functional entities through monitoring activities and reconciliation of fixed assets ledger. Query handling for capital expenditures, advisory if corrections are necessary, accounting support. First point of contact for fixed assets related queries (audit, system tests, etc.) Coordination of fixed assets related activities within FBT. To follow any other job-related requirements. This may be defined by an attached task list or defined by one’s relevant team lead or Fixed Assets HUB Lead. What You will need to be successful: Relevant university or college degree – preferably for Finance & Accounting Proven experience in related Finance area. Language and interpersonal skills with particular focus on client responsiveness Good level of analytical skills, numeracy and financial awareness Customer- and service-oriented thinking, Readiness for action and ability to work under pressure, Strong communication and cooperation skills Self-confident appearance in relations to the internal and outside world Assertiveness Demonstrates ownership Desirable criteria: Chartered accountant degree is advantage Local GAAP and IFRS skills are advantage Spanish OR German language knowledge are an added advantage At bp, we provide the following environment