ARC Senior SME

About the role

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 Accounting, Reporting & Control Team and advance your career as an ARC Senior SME! The Accounting, Reporting & Control Senior SME is responsible for ensuring that internal and external accounting and reporting for Low Carbon Energy region is prepared in accordance with IFRS and bp Group Accounting policies for the designated entity(ies) and businesses. This role is accountable for the integrity of accounting across the end to end process, including those activities carried out within FBT, and provides assurance to the Accounting, Reporting and Control Manager. The role holder will work to support financial activities for businesses in Low Carbon Energy region. (Hydrogen, Solar, Biofuels, Geothermal - depending on actual portfolio) In this role You will: Ensure that the Group reporting manual is properly applied at the local entity level and all accounting judgements are consulted, evidenced, documented and approved within Accounting Policy requirements and Delegations of Authority. Acts as finance and tax SME to the business, applying detailed understanding of how appropriate application of accounting policy can ensure the best results within policy and compliance remit. Oversees and validates reporting for the local entity(ies) and provides assurance to the Accounting, Reporting and Control Manager on the integrity of the financial reports. Engaged with BP Accounting Policy team and maintains a close working relationship with the FBT supporting key financial processes. Ensuring adherence to the financial standardisation agenda across the cluster and escalate exceptions to the relevant decision makers. This includes a deep knowledge of system processes including control points Keeping abreast on fiscal and regulatory legislation for Group/IFRS Able to translate and apply BP's control framework at the local entity level Ensure that complex issues and problems by following a diverse range of policies are solved and own judgements are applied. Support ARC manager to influence others to achieve desired self/team goals and objectives. Influence LT members. Ensures financial reporting meets the requirements for Group reporting including timeliness of data submissions, validation checks and 'Additional and Supplementary' data. Ensures requirements of all local legislation over financial reporting, accounting and control are met, including Statutory and Tax Reporting where relevant. Responsible for the oversight of the local entities balance sheet and cash flow, and treatment of cross charges for the country / Cluster costs, including consistency. Responsible for coordinating the region's statutory reporting process, as well as prepare or review statutory accounts for UK entities Accountable for assuring the accuracy & completeness of the actuals / forecast process for the local entities and FBT analytical review in support of the RF. Ensure delivery of the annual planning & rolling forecast process for the local entity Support the Accounting, Reporting and Control Manager on the control agenda across the local entity(ies) and plants (ACDD, HRA, CoC, SOD, DoA, MCE, DD, BCRs, BSI), working with the GSC, FBT and BP ESE to assure a robust control environment; Responsible for relevant Due Diligence process for the local entities, ensuring all relevant requirements are met. Support Accounting, Reporting and Control Manager to lead the Risk Management process, ensuring it is truly embedded in local entities and appropriate mitigations are in place. Redefine procedures as appropriate. Drive continuous improvement projects (e.g. via the accounting, reporting & control network). Coaches the wider finance and business teams, to build capabilities and develop competencies and professional qualifications. The Role Holder repres

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