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HVC Inventory SME
BP
Description
BP is seeking an HVC Inventory SME to ensure that we manage, control, and develop our operations in a "process designed" manner to deliver value to the business. The Inventory Accounting SME role has the primary responsibility to support the Inventory Accounting Team Lead with operations management within the HVC Inventory Accounting team, especially in topics of accounting, reporting, and control, and assisting with the coordination of workload across the Inventory Analysts within the team.
Requirements
- Experience in operations management within a finance or accounting environment
- Responsibility for resource planning, process execution, and driving team performance and continuous improvement
- 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, collaborate, and negotiate effectively
- Ability to align operational and project management tasks and priorities
- Ability to manage work schedules and highlight and address related gaps within the team
- Knowledge of SAP financial modules / functionality and reporting tools (desirable)
- Oil/Energy experience with understanding of terminology, business functions, and processes (desirable)
- Previous experience in a supervisory capacity (desirable)
Key Responsibilities
- Support the Inventory Accounting Team Lead with operations management within the HVC Inventory Accounting team according to process design
- Assist with coordination of workload across the Inventory Analysts within the team
- Monitor and review day-to-day Stock Assurance activities and operations in accordance with relevant service level agreements, management strategies, goals, and processes
- Give assurance that all consignment stock sales have been recorded timeously
- Ensure monthly reconciliation of closing stock to physical stock is performed and stock gains and losses are validated and accounted for
- Ensure internal and external accounting and reporting is prepared in accordance with IFRS and BP Group Accounting policies
- Drive process simplification, standardisation, and continuous improvement with respective operations and optimisation teams
- Drive standardisation of process controls and key performance metrics
- Support inventory valuation processes for timely and accurate reporting of inventory balances for financial close monthly, quarterly, and annually
- Support volumetric control processes by providing assurance of the validity, accuracy, and completeness of inventory movement capture
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