Asset Accounting Senior Analyst - Castrol

About the role

Entity: Finance Job Family Group: Finance Group Job Description: This is a Castrol requisition and the successful candidate will become part of the Castrol ring-fence ahead of the Castrol divestment later in 2026. From the point of the divestment, you will be employed fully by Castrol and no longer be a bp employee. Job Description Are you ready to join a team that's driving the future of lubricants & beyond and setting new industry standards? Discover how our diverse and passionate people at Castrol are shaping the industry - and how you can be part of this journey. We're seeking versatile experts who share our passion for innovation and excellence. Bring your outstanding perspective, collaborative spirit, and challenge our thinking as we continue to lead the way in the lubricants' market & build businesses beyond lubricants. This is your chance to learn, grow, and thrive in a dynamic and inclusive organization. Apply now! Castrol is a global leader in lubricants and part of the bp Group, one of the world's largest energy companies. In India, Castrol is a publicly listed company, leading in the Automotive, Industrial, and Marine lubricant sectors. With iconic brands, steadfast innovation, strong customer relationships, and a team of highly motivated employees, we have maintained our market leadership in India for over a century. Our robust manufacturing and distribution network in India helps us reach consumers through more than 135,000 outlets. At Castrol, success knows no bounds. We offer a fast-paced learning environment where you can develop your career, whether in specialized functions or on a general management track. Castrol India has a proud legacy of championing top talent for leadership roles, both locally and globally. Purpose of role: The SME - Asset Accounting will act as the process owner and technical expert across Fixed Assets and Lease Accounting (IFRS 16). The role is responsible for ensuring accurate and timely recording financial reporting, strong controls, effective stakeholder management, and continuous process improvement while supporting operational teams and driving performance excellence while ensuring adherence to policies and procedures. The Asset Accounting Senior Analyst is also responsible for supervising and monitoring a team to deliver Fixed Asset and Lease accounting and reporting services. The role entails ample opportunities and requires working with senior stakeholders across BP's FBT teams, liaise up with BP-wide finance and control teams! Key Results / Accountabilities: Operational Competencies Transaction Governance & Control - Oversee accurate and timely recording of critical and complex financial transactions while ensuring adherence to controls and policy compliance. Financial Close & Reporting - Drive end-to-end asset accounting close and ensure timely, accurate delivery of QAR, KPI, and statutory reporting. Process Expertise & Ownership - Act as the SME for Fixed Assets and IFRS 16, ensuring correct accounting treatment and resolving complex queries. Provide deep process domain expertise and serve as the point of contact for call out operational issues Reconciliations & Compliance - Review BSA reconciliations and ensure completeness, accuracy, and effectiveness of internal controls. Stakeholder Management - Act as the primary contact for stakeholders, ensuring effective and timely resolution of queries and proactive escalation of issues. Analytics & Continuous Improvement- Perform root cause analysis on key metrics and drive process improvements, automation, and efficiency initiatives. Audit & Risk Management - Support internal and external audits, ensuring documentation readiness and closure of audit observations. Team Capability & Performance Development - Build team capability through training, feedback, and cross-skilling while driving engagement and performance excellence. Leadership Competencies Value Expertise: Develop and command respect for professional excellence: Respected for possessing and being able to pragmatically apply an appropriately high level of technical, functional or operational expertise, and proactive in developing the expertise of themselves and others. Energise People: Foster effective teamwork and collaboration: Facilitates effective teamwork and builds collaborative relationships internally and externally. Act Decisively: Set clear direction, priorities and boundaries: Moves themselves and others to effective action through clear business objectives and a good understanding of the context and strategic direction of the business. Deliver Results: Manage risk and drive safe, reliable and efficient operations: Proactively manages risks and insists on sustained operational excellence. Attitudes : Own your success Responsible for delivering innovative business outcomes Seeks opportunities to improve and digitize process delivery Adheres to safe and ethical work practices Think big Actively builds own knowledge, capabilities an