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Inventory Analyst

Inventory Analyst

  • Location India - Pune
  • Travel required Negligible travel should be expected with this role
  • Job category Procurement & Supply Chain Management Group
  • Relocation available This role is eligible for relocation within country
  • Job type Professionals
  • Job code RQ082289
  • Experience level Intermediate
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Job summary



Job Family Group:

Procurement & Supply Chain Management Group

Job Description:

We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.

In India, we operate bp’s Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the big complex challenges facing our world today and, guided by our bp values, are working to help meet the world’s need for more energy while lowering carbon emissions. In our offices at Pune,  we work in customer service, finance, accounting, procurement, HR services and other enabling functions – providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our team and advance your career as an Inventory Accounting Analyst

Purpose of Role

The Regional Inventory Accounting Analyst is responsible for the resolution of queries and reconciliation of refined products inventory. This includes a monthly reconciliation of exchanges, 3rd party terminals, pipelines, in transit bulk locations by comparing SAP transaction data to the custody / confirmation statement received from the 3rd party operator, performing the reconciliation, identifying reconciling items, and posting gains and losses. The Regional Inventory Accounting Analyst is responsible for the resolution of these outstanding reconciliation items and issues working closely with front office teams, settlement analysts, volume / transaction control staff and 3rd parties. This includes related storage and handling fees: validating and approving these in readiness for payment. ​

Key Accountabilities:

Reconciliation of truck, bulk, and retail activity in ERP/IES tool.

Perform reconciliation for non ERP/IES tool.

Validation of invoices and prepare coding template for payment.

Research and resolution of exchange and physical inventory imbalances

Research and resolution of exchange and storage & handling fee differences

Identification and resolution of root cause errors

Identification and resolution of internal control gaps

Facilitation and maintenance of internal and external business relationships

Key Challenges

ability to influence groups that may have differing priorities.

quickly respond to changing circumstances.

tailor communication style to suit the audience.

issues and reconciling items are at times complex and multi-faceted to resolve requiring strong analytical and problem-solving ability

Qualification & Experience and Competencies

Essential Education and Experience

Bachelor’s Degree in Accounting, Finance, or related field.

Ability to meet month-end close and other deadlines

Strong analytical and problem-solving skills.

Strong communication and interpersonal skills

Good organizational skills - attention to detail

Bias for action underpinned by a strong work ethic, teamwork and proven track record of value added

Desirable Criteria

General accounting experience

Experience with financial or logistical reconciliations

Demonstrated proficiency with SAP

Exposure to the Product Supply Business •Familiarity with payables and receivables

Educational background

Bachelor's degree in Business, Accounting, Finance, or related field

Travel Requirement

Negligible 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


Agility core practices, Analytical Thinking, Commercial Acumen, Communication, Cost Management, Creativity and Innovation, Decision Making, Digital fluency, Inventory Management, Negotiation planning and preparation, Resilience, Risk Management, Sourcing strategy, Supplier Performance Management, Supply Chain Development, Supply chain management, Sustainability awareness and action

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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