Financial Analyst at BP. Mumbai
Req ID 63147BRJob category FinanceSub-category Financial Accounting & ReportingCountries (State/Region) India - MaharashtraLocation MumbaiApply now
Role synopsis
Financial Analyst will be primarily responsible for managing the Financial Audits, Partner costs recovery, Fixed Asset Accounting, Accounts Receivable, supporting Quarter Close deliverables and interacting with JV Partner, Auditors and Out Source Service Provider.
Key accountabilities
• Ensure completion of Statutory Audit as per Indian GAAP, Revised Schedule VI, local tax audit and transfer pricing requirements as per Indian Income Tax Act and UK GAAP as per timelines. • Preparation of Accounting Policy notes for Tax, Audit and control review purposes. • Ensure Fixed Asset Register as per Group and GRM Indian GAAP requirements. Prepare financial reporting reports from SAP to assist Group Quarterly reporting process and preparation of Indian GAAP financial statements. • Ensure Fixed Asset Accounting and Physical Verification of shareholder team assets in compliance with Group Reporting Manual requirements (GRM) and Indian GAAP requirements. • Ensure Compliance with Finance Control Framework and Control Evaluation Templates (CET), Balance Sheet Integrity (BSI) standards. • Lead Cost recovery processes such as Secondee, Call off services and other miscellaneous cost recoveries from JV Partners and BP Group companies ensuring nil stranded cost and timely recovery. • Process Owner for Accounts Receivables and ensure accurate accounting, reconciliation, liaise with JV partner and Outsource Service Provider as required. • Support Period End Close process including Additional and Supplementary reporting, Group Control reviews and Intangibles certification. • Work with other members of the team to ensure delivery of robust financial and non-financial information in a timely and efficient manner to meet Group and local external reporting.
Essential Education
• Degree in Accounting, business or economics • Chartered Accountant with a minimum of 9 years post qualification experience
Essential experience and job requirements
•Working in a MNC or Big 4 accounting firm experience • Prior experience of Oil and Gas Accounting in SAP environment is desirable but is not essential. • Project Management experience.
Other Requirements (e.g. Travel, Location)
-Travel is need based
Desirable criteria & qualifications
• Skillful in application of Accounting Standards (Indian GAAP and IFRS) and good understanding of Indian Companies Act. • Sound understanding of internal and financial controls. • Business acumen and commercial understanding. • Strong inter-personal skills, ability to deliver with minimal supervision. • Ability to manage multiple/conflicting priorities with a strong track record of delivery/execution.
Relocation available
No
Travel required
Yes - up to 10%
