ARC Team Lead
from 🇮🇳 India
Entity:
Finance
Job Family Group:
Job Description:
About bp
Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Additional Information
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, veteran status, or disability status.
As bp transitions to a coordinated energy company, we are strengthening our Finance organization to deliver high-quality financials, robust controls, and strategic insights across operations. The Finance Manager –Accounting and Reporting and Controls, RTR will play a critical leadership role within the Finance Business & Technology (FBT) organization, driving accurate accounting, operational excellence, and continuous improvement in fuel accounting and related RTR processes.
This role will combinedeep technical accounting expertise, strong risk & control demeanor, and cross-functional leadership to ensure end-to-end accountability for fuel-related financials and reporting.
Key Accountabilities
🔹 1. Accounting & Financial Ownership
Lead and ensureaccurate and timely accounting of related transactions, including purchases, inventory, taxes, and pricing adjustments.
Be responsible fordetailed accounting, reconciliation, and variance analysis, ensuring alignment between physical stock, transactional records, and financial reporting.
Manage complex reconciliation activities acrossdeliveries, sales, tanks, and pricing movements, resolving discrepancies and ensuring completeness of financials.
Ownmonth-end and year-end close processes for overall accounting within RTR.
🔹 2. Accounting, Reporting & Controls
Ensureaccuracy and completeness of actuals, forecasting, and financial reporting, with strong analytical review and variance commentary.
Drive adherence toIFRS and BP accounting policies, partnering closely with Accounting Policy teams.
Perform the margin reviews and moving average reviews.
Design and maintainrobust internal controls frameworks to safeguard assets and ensure compliance with regulatory requirements.
Act asSME for accounting policy application, especially in complex and judgmental areas.
🔹 3. Risk Management & Governance
Lead and embed astrong risk management framework, proactively identifying financial and operational risks and implementing mitigation strategies.
Ensurestandardization of processes and control adherence across entities and clusters.
Act as customer concern point for complex issues, applying judgment to resolve high-impact challenges.
🔹 4. Leadership & People Management
Lead, coach, and develop ateam of accounting professionals and team leads, driving performance, capability building, and succession planning.
Set clear goals, performance expectations, and accountability frameworks across the team.
Foster a culture ofownership, collaboration, and continuous improvement.
🔹 5. Business Partnering & Stakeholder Management
Act as afinance partner to business, operations, and cross-functional teams, providing insights to support decision-making.
Build strong relationships withsite teams, supply chain, and fuel operations collaborators to ensure alignment and data accuracy.
Collaborate with auditors and senior leadership onfinancial performance, compliance, and reporting matters.
🔹 6. Continuous Improvement & Transformation
Drive operational improvements, digital automation, and system optimization across accounting and RTR processes.
See opportunities toreduce manual interventions, improve cycle times, and enhance data quality.
Lead or contribute to critical initiatives across FBT and finance transformation programs.
What You Need to Be Successful
✅ Experience & Qualifications
10+ years of experience in finance and accounting, preferably in RTR / fuel /Retail/ inventory / commodity accounting
Strong hold on compliance and internal control process.
Proven experience infinancial reporting, controls, and risk management in a multinational environment
Recognized accounting qualification (CA / ACCA / CIMA preferred)
✅ Technical & Functional Skills
Deep understanding of:
IFRS and accounting policies
Inventory accounting and reconciliation complexities
Month-end close, reporting, and variance analysis
Experience incontrols, compliance, and audit coordination
✅ Leadership & Behavioral Skills
Strongpeople leadership and team management experience
Ability toinfluence without authority and manage cross-functional collaborators
Excellentanalytical thinking, problem-solving, and decision-making skills
Proven track record indriving continuous improvement and transformation initiatives
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
Legal Disclaimer:
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disabilitystatus. Individuals with an accessibility need may request anadjustment/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 anadjustment/accommodation related to the recruitmentprocess, please contact us.
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.