Payments Analyst

Job description Grade IResponsible for supporting the team with accounting and reporting services, helping to ensure the integrity and effectiveness of accounting policy application, internal control, financial reporting, accounting systems support and delivery of financial accounting processes in conformance with BPs systems and requirements. Entity: Finance Finance Group Job Description: OVERVIEW: At bp, we re reimagining energy for people and our planet. We have a daring ambition: be a net zero company by 2050 or sooner, and help the world get to net zero. Creating a more efficient business that makes the best use of its resources is a critical part of getting there. And that s what our new Finance Business & Technology (FBT) centre in Pune, India is here to do - put digital at the heart of our business and accelerate the transformation of bp s business processes across the globe. Driven by the bp values and comprising capabilities in data, procurement, finance and customer service, the FBT centre will drive pioneering digital solutions and agile ways of working. Key Accountabilities and Expectations: Accountable for ensuring accurate and timely recording and payment of all third party supplier invoices while ensuring adherence to policies and procedures in the drive for exceptional service, operational completion and compliance. Ensure accurate and timely delivery of payment processing services. Run and coordinate the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected. Work with relevant Internal Control team to keep controls currently owned within the team and facilitate internal and external audit review. Provide payables related advice and information as and when required. Implement standard methodologies for the expense process and proactively identify, propose and implement continuous improvement opportunities in existing processes. Regularly track and resolve outstanding issues that have been called out, or further call out to the necessary parties. Expectations- High level of familiarity with the systems used in order to maintain and reconcile the relevant system to ensure it balances correctly. Thorough knowledge in payment processing. There is a high financial and reputational risk involved in prompt and accurate payments processing. Payments reviewed thoroughly to ensure completeness and accuracy. Invoices need to be processed and verified in an accurate and timely manner within tight targets. Liaising with vendors and colleagues in different time zones and potentially in different languages requiring meticulous coordination between teams. Working hours (ANZ/ASPAC/UK/Europe/US shift) to support Business Partners. Qualifications, Competencies & Approach: Education & Experience- Bachelor s degree in finance, Accounting or related field. Minimum of 6 years of experience in general accounting and/ or payables operations. Approaches- Lead your success - Accountable for delivering innovative business outcomes; Seeks opportunities to improve and digitize process delivery; Adheres to safe and ethical work practices. Think big - Actively builds own knowledge, capabilities and skills for the future; Values partnership and collaborates to achieve results. Be curious - Willing to suggest new ways of working, processes and technologies; Ensures the delivery and improvement of digital solutions to benefit customers. Effortless customer experiences - Understands customer needs and delivers digital detailed self-service customer experiences. Digital first - Applies creative digital solutions to address problems. Key Competencies- Operational Excellence - Has a sound understanding of process and workflow streamlining, problem resolution and organisational change. Risk Management - Identifies external and internal factors that impact risk and mitigation opportunities. Identifies potential new or emerging risks / threats and implements mitigation plans. Change Management - Builds energy around a change using a systematic approach to transitio