Asset Accounting Analyst
BP
- Pune, Maharashtra
- Permanent
- Full-time
- Delivery of Fixed Asset Accounting with capitalization
- Processing of disposals incl. preparation of disposal journals.
- Period end close (monthly, quarterly, year-end) - transfer of assets under construction to addition to fixed assets.
- Ensuring proper accounting treatment, particularly with regard to fixed assets management in SL, GL.
- Verification and handling of adjusting entries and transfers for capital expenditures.
- Screen and review inferior assets, preparation and booking of transfer posting documents.
- Process depreciation in terms of local GAAP and IFRS with appropriate sense check and analyse upcoming deviations.
- Ensuring that all asset movements are compliant with BP Policy & Authorities (Group Reporting Manual), local GAAP and IFRS.
- Ensuring compliance with „Component Accounting".
- Allocation of purchase requisition, handling of purchase requisition for capital expenditures local
- Fixed Assets master data processing
- Establishment and maintenance of projects and associated data and reporting
- Reconciliation of accounts, preparation of quarterly reports and ad hoc reports.
- Ensuring the right assignment of assets to the functional entities through monitoring activities and reconciliation of fixed assets ledger.
- Query handling for capital expenditures.
- Deliver compliant services in line with period end close deliverables
- Share knowledge within the wider team hold training on process changes
- Partner with and support all members of the Hub Team to deliver process silent running,continuous system and process improvements, analyze and resolve the root cause of problems.
- Support projects and connect related areas to drive process improvements.
- Maintain appropriate fixed asset and lease accounting system documentation
- Support team mailboxes used for user queries on all fixed asset and lease accounting issues.
- Identification and resolution of internal control gaps
- Facilitation and maintenance of internal and external business relationships
- Bachelor’s Degree in Accounting, Finance or related field.
- Strong Experience with Microsoft Excel (data manipulation and validation)
- Demonstrated competencies in the areas of process improvement
- 3 -5 years of experience in the areas of analytical skills, numeracy and financial awareness
- Demonstrated proficiency with SAP
- Ability to meet month-end close and other deadlines
- Good analytical and problem-solving skills
- Good communication and interpersonal skills
- Good organizational skills - attention to detail
- Team-focused, results oriented
- Ability to work with deadlines, under pressure with a track record of delivery.
- Partner and service-oriented thinking.
- Demonstrated fixed asset and lease accounting experience
- Knowledge of G/L’s, Income Statements, Balance Sheets
- Communication-verbal & written
- Working with a global mind-set
- General accounting experience
- Experience with financial reconciliations