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Finance Strategy & Process Manager - Fixed Assets

Finance Strategy & Process Manager - Fixed Assets

  • Location India - Pune
  • Travel required Up to 10% travel should be expected with this role
  • Job category Finance Group
  • Relocation available This role is eligible for relocation within country
  • Job type Professionals
  • Job code RQ071459
  • Experience level Senior
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Job summary

Entity:

Finance


Job Family Group:

Finance Group


Job Summary:

Responsible for supporting the business with accounting issues, using advanced technical capabilities in controlling, performance reporting and integrated business planning, advising on policy and compliance, working with relevant teams across the business to effectively coordinate a range of finance activities and assisting in the delivery of the financial strategy to drive outstanding business results.


Job Description:

  • ROLE SYNOPSIS:
  • The GBS Finance Strategy & Process Manager is part of the Finance Transformation and Innovation team, which includes the role of Global Process Ownership (GPO) for Finance. This team provides support to the GBS Finance, Strategy & Process Excellence, Finance Process Manager / Finance Process Lead in exercising the accountabilities of the GPO in line with the GPO Policy and the process scope defined by BP’s Enterprise Activity Model. 
  • The Finance Process Manager will assist in the identification, planning and execution of business process management projects, specifically in the areas of fixed asset accounting and its associated processes interfacing with the operational delivery teams, to ensure process consistency across regional and organizational boundaries.  
  • The role will facilitate Process Advisory Groups to ensure process standardization is achieved, efficiencies are identified and realized, and automation is maximiser. 
  • The Finance Process Manager will need to maintain high standards of communication, and determination to drive the finance process standardization and transformation agenda.
  • KEY ACCOUNTABILITIES
  • For the fixed asset accounting processes within the Finance scope, the Finance Process Manager will: 
  • Define process standards for owned R2R processes in line with the Global Process Design Standards framework 
  • Drive the adoption of standardisation of end-to-end R2R processes, working closely with delivery centres and embedded teams. In doing do so, govern any variation to process standards and ongoing compliance. 
  • Recommend process improvement and system changes to enhance process standardization, drive simplification, improve control and enable transparency of performance. 
  • Conduct impact assessment on legislative changes identified by operational entities which impact existing Global Process Design changes and develop plan to update all impacted standards ahead of the effective date of the change. 
  • Support the broader network of R2R process experts and practitioners to ensure effective engagement and to aid in the effectiveness of governance forums. Foster learning and sharing of best practices, ensuring alignment with the end-to-end process objectives. 
  • Ensure that global projects e.g. SAP BTP are completed in alignment with the global processes.
  • Define the key KPIs and PPIs for the fixed asset processes and develop dashboards for the timely reporting of these.  Monitor and intervene with the fixed asset hub where interventions are identified.
  • Monitor the compliance with process controls embedded in the processes to ensure that the operational team are operating using standardized processes and related controls.
  • Monitor manual journals in the fixed asset ranges to understand root causes and whether interventions need to be made in the underlying processes or sub-ledgers.
  • Provide assertion to the control teams that the standardized processes and associated controls have operated as designed and that any process deviations have not resulted in a control gap.
  • Support the regular review of activities performed by delivery centers and embedded teams to ensure compliance to strategy.  
  • As one of the main content experts for R2R global process design, provide process expertise and knowledge to stakeholder and practitioners as required.
  • Identify internal and external process benchmarks and best-practices, including potential tactical automation solutions that could drive efficiencies. 
  • Identify requirements for global process performance dashboards that provide visibility to process performance and total cost to serve for agreed R2R processes and agree approach for development. 
  • Strong interpersonal, influencing skill and ability to manage significant change management conversation within GBS and Business stakeholders to drive process standardization.
  • For specific transformation projects within the GBS Finance scope, the Finance Process Manager will support: 
  • Appraise studies to define potential solutions, with associated high-level timeline and benefits case.  
  • The selection of the target solution 
  • The Define of project delivery phases, depending on the nature and scale of the project in question. 
  • Conduct impact assessment on legislative changes identified by operational entities which impact existing Global Process Design changes and develop plan to update all impacted standards ahead of the effective date of the change. 
  • Establish the agenda for and facilitate R2R Process Advisory Groups and GBS R2R Service Delivery Network sessions with R2R Operational leads and Business Optimization teams. 
  • Support the broader network of R2R process experts and practitioners to ensure effective engagement and to aid in the effectiveness of governance forums. Foster learning and sharing of best practices, ensuring alignment with the end-to-end process objectives. 
  • Identify internal and external process benchmarks and best-practices, including potential tactical automation solutions that could drive efficiencies. 
  • ESSENTIAL EDUCATION:
  • Degree qualified or equivalent qualification
  • ESSENTIAL EXPERIENCE AND JOB REQUIREMENTS:
  • Record to Report operational experience.  
  • Demonstrated experience in writing proposals and business cases. 
  • Knowledge of SAP financial modules / functionality and reporting tools
  • DESIRABLE CRITERIA
  • Previous operational experience of operational accounting fixed asset accounting
  • Knowledge of the fixed asset SAP module


Travel Requirement

Up to 10% travel should be expected with this role


Relocation Assistance:

This role is eligible for relocation within country


Remote Type:

This position is a hybrid of office/remote working


Skills:

Accounting policy, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial accounting and reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 4 more}


Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company.  We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.).  If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy.  This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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