The team leads is responsible for driving the CI agenda for the team and actively demonstrating bp and the GBS s core principles. The Inventory team works closely with Marketing Supply negotiators, Supply Balance Coordinators, Schedulers, Settlement Analysts, and Transaction Control.
There is also regular interaction with other such as Global Oil, Fuels Marketing, embedded Finance and Air bp as well as externally with our 3rd Party partners. This position will be responsible for leading a team of X analysts and supporting their day-to-day activities, including reconciliation and payment approvals, root cause analysis, identifying process improvement opportunities. This also includes mentoring, coaching, assisting with career development and performance appraisals.
This position will have decision making authority for developing a team, as well as coaching and mentoring individuals within that team. This individual functions in a fast paced, multifaceted environment, regularly interacting with business management, financial team members and other internal/external partners across the GBS. This role has overall responsibility for the execution of performance and people management for each of the teams within its accountability. This individual interacts with business partners, leadership, peers and cross functional teams daily.
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.
Reconciliation of Inventory - exchange, truck, bulk, and retail activity 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 Ensures personal and team compliance with BP s Code of Conduct and BP s Values & Behaviours.
Leadership & Supervisory; Carry out people management responsibilities in accordance with the organisation s policies and applicable laws, including: Plan, assign and advise on work for team members.
