Website BP International
The world is changing fast and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances and growing environmental concerns. In bp, we will help drive this transition – and our business will be transformed by it. We are continually lo… read moreoking for talented, committed and ambitious people to help us shape the face of energy for the future.
Job Description:
This role will support the Lead Accountant – IB’s to ensure the following:-
Lubricants financial information for South Africa, Most of Africa and Supply Chain is fully prepared, analysed and understood in an accurate and timely manner in compliance with relevant accounting and Group standards
All Balance Sheet reconciliations are performed to the required Group standard (reconciled, validated, verified)
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.
Key Accountabilities
To complete Lubricants month end close activities in an accurate and timely manner
Assist in the preparation of accurate monthly financials for Lubricants business (Balance Sheet, Income Statement), including analysis, which explains business unit performance in a clear and timely manner
Calculation and Processing of Monthly Journals such as:
Blendcor Joint Venture (proforma invoices; Closing Stock)
Royalties calculation
Reclassification of group sales & debtors
Rose Levy (alignment, accrual & payment)
Payroll, Pension & Medical Aid re-allocation
Difference in Exchange rate restatements (debtors & sales)
Bad debts provision
BP Supply Purchases and Group Creditor accrual
Depreciation alignment
Re-allocation of Supply Chain costs from Operating Unit (creditors, VAT, payroll)
Additional Information (sales volume, depot volumes) for financial statement reporting and disclosure
Perform Balance sheet reconciliations such as:
Blendcor Joint Venture (Current Account Recon; Proforma Billing Consolidation & Stock Losses)
JDE/ISP interface account reconciliation
Regular review and reconciliation of stock accruals
Various Balance Sheet accruals & provisions
Calculation and processing of Recovery Journals such as
Blendcor Recoveries
Weekly Recoveries for Blendcor weekly product despatches
Co-ordination of the Quarterly Balance Sheet Integrity process
To support the Team Lead in the standardisation, automation and improvement of processes and reporting systems across the business.
Qualifications, Experience and Competencies
Essential Education
B.Com (Accounting or Finance) degree or equivalent is essential
Experience working on JDE will be an advantage.
Essential Experience
3-4 years experience in an Accounting/Auditing environment, preferably in the oil industry
Must be a highly motivated and a high performing individual
Strong analytical skills
Must be able to present a structured, methodical approach to problem solving
Track record of supporting Continuous Improvement in a current or prior business/professional roles
Advanced knowledge of Microsoft Office, particularly Excel.
We support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and many others benefits! We operate a hybrid model with 60% from the office and 40% from home with flexibility as agreed with line management.
Travel Requirement
No travel is expected with this role
Relocation Assistance:
This role is not eligible for relocation
Remote Type:
This position is a hybrid of office/remote working
Apply via company website ( N / A ) or
www.bp.com