Understand the business and drive execution/Operations:

• Perform the day-to-day processing of cheques, Direct Debit run, EFT/wire transfers, AR transactions to ensure that cash receipts are recorded in the AR ledger on an effective, up-to-date and accurate manner.
• Review and process refund transactions, deductions and other differences in adherence with the policy.
• Review of auto posted transactions
• Issue debit notes and credit notes in adherence with the policy.
• Timely allocation of incoming payments, unapplied cash, and research on payment discrepancies
• Own the A/R sub ledger close and support preparation of documents / adjustments for monthly, quarterly and year-end close.
• Monitor and reconcile monthly, quarterly and yearly reports in charge of account reconcilation related queries
• Provide support to the whole AR / Collections /Cash and Banking or Treasury/ team to ensure delivery of the team s agreed targets.
• Take care of a wide variety of ad-hoc queries and monitoring of customers accounts consistent with BP s credit standards.
• Responsible for researching and resolving problems within designated guidelines and researching through multiple database resources, and coordinating with collection teams /and or directly with customers as necessary.
• Maintaining the action to track and resolve outstanding A/R, Collections activities / issues which needs immediate attention in coordination with different stakeholders.
• Drive follow-up, share and provide resolution within the team and internal or external stakeholders.
• Review the weekly and monthly bank reconciliation to ensure no unidentified deposit and keeping tracks and reconciles daily/monthly AR balance

Stakeholder management:

• Maintain and develop working relationship with Crossfunctions internal or external GBS
• This position s primary interfaces are:

Internal

• BP GBS Credit, Collections, A/R & Accounts Payable Team
• BP Local Country or Regional Finance Team
• BP Group Treasury
• Understand related ERP systems and support ERP enhancements and developments

Project Management involvement & support

• Participate in Continuous Improvement Initiatives and projects,
• Support Power BI by implementing best practices; initiate and raise quick wins where these are relevant. Look for opportunities in current processes by means of automation and transformation.

Operational/Strategic/Audit Compliance :

• Maintain compliance with BP, legal and regulatory requirements applying to the department s activity like the Cash and Banking Guide/ Policy, QMS/EMS Policy etc
• Maintain the established Process Controls (Framework) are followed up, raise any gap identified and follow with the relevant PCO and teams responsible to perform them.
• Maintain compliance to all statutory and audit requirements by ensuring that all Primary controls are in place.
• Maintain Process documentations (SOPs or DTPs) up-to-date, meet required quality standards and is accurate.

Skills: Compliance, Audit, Treasury, AR, Ledger, Erp, Collections, Banking, Credit

Experience: 3.00-5.00 Years