Junior AR Analyst

About the role

Entity: Finance Job Family Group: Finance Group Job Description: The Account Receivable Analyst is accountable for timely and accurate recording of cash receipts, direct debit run and match invoices into the AR ledgers. The main responsibility is to post cash to outstanding invoices and undertake the reconciliation of a variety of currency account reconciliations, added to several specific accounting tasks from simple to medium transactions. Acting as support to the collections team, to ensure customer accounts are supervised are tightly controlled and compliant to BP Policy. This includes regular contact with internal / external collaborators in order to reach yearly goals / targets. Prepare documents for period close while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance Build up and maintain professional relationship with Business Partners. Key Accountabilities Understand the business and drive execution/Operations: Perform the day-to-day processing of cheques, Direct Debit run, EFT/wire transfers, AR transactions to ensure that cash receipts are recorded in the AR ledger on an effective, up-to-date and accurate manner. Review and process refund transactions, deductions and other differences in adherence with the policy. Review of auto posted transactions Issue debit notes and credit notes in adherence with the policy. Timely allocation of incoming payments, unapplied cash, and research on payment discrepancies Lead the A/R sub ledger close and support preparation of documents / adjustments for monthly, quarterly and year-end close. Supervise and reconcile monthly, quarterly and yearly reports in charge of account reconciliation related queries Monitor credit and/ or cash and banking fraud violations and inform / involve all relevant collaborators within their Delegation of Authority Provide support to the whole AR / Collections /Cash and Banking or Treasury/ team to ensure delivery of the team's agreed targets. Take care of a wide variety of ad-hoc queries and monitoring of customers' accounts consistent with BP's credit standards. Responsible for researching and resolving problems within designated guidelines and researching through multiple database resources, and coordinating with collection teams /and or directly with customers as vital. Maintaining the action to supervise and resolve outstanding A/R, Collections activities / issues which needs immediate attention in coordination with different collaborators. Drive follow-up, share and provide resolution within the team and internal or external collaborators. Review the weekly and monthly bank reconciliation to ensure no unidentified deposit and keeping tracks and reconciles daily/monthly AR balance System Support and knowledge: Understand related ERP systems and support ERP enhancements and developments Project Management involvement & support Participate in Continuous Improvement Initiatives and projects, Support Power BI by implementing guidelines; initiate and raise "quick wins" where these are relevant. Look for opportunities in current processes by means of automation and transformation. Operational/Strategic/Audit Compliance : Maintain compliance with BP, legal and regulatory requirements applying to the department's activity like the Cash and Banking Guide/ Policy, QMS/EMS Policy etc Maintain the established Process Controls (Framework) are followed up, raise any gap identified and follow with the relevant PCO and teams responsible to perform them. Maintain compliance to all statutory and audit requirements by ensuring that all Primary controls are in place. Maintain Process documentations (SOPs or DTPs) up-to-date, meet required quality standards and is accurate. Qualification & Experience and Competencies Essential Education and Experience Bachelor's Degree or equivalent experience in Economics, Business, Finance, Accounting or related field with relevant language skills. Previous accounts receivable, cash application, master data or data analytical /customer service experience (3+ years) Shared service centre experience preferrably in oil and gas industry/or any multinational Experience dealing/working with sales and external customers Good Analytical and numerical skills with sound financial accounting experience. Relevant systems knowledge - AS 400 and SAP English, B2-C1 Skills and competencies Good interpersonal, influential and decision-making skills in order to handle and maintain good relationships with key collaborators. Able to take care of sophisticated situations while maintaining the right balance of customer and business focus Able to consistently review and adapt approach and style to meet ever changing requirements. Able to handle conflicting work issues and deadlines to ensure deliverables are met and knows when to advance urgent matter on timely manner. Able to prioritise, handle urgent issues and situations

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