Fixed Asset Senior Accountant

Entity: Finance

Job Family Group: Finance Group

Job Description:

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.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Join our Fixed Asset Accounting Team and advance your career as a

Fixed Asset Senior Accountant!

The purpose of the role is to:

• Ensure timely and accurate Fixed Asset Accounting for a number of entities in the country supported by the team

• Ensure full reconciliations from ledgers to statutory accounts and corporate reporting

• Timely response to queries raised on accounts and other analyses

• Reporting and control activities to assure compliance with relevant laws and regulations in the country supported

• Coordinate timely monthly, quarterly and annual fixed assets close processes in accordance with the Group Reporting Manual and any other relevant standards and provides support for other local or group reporting requirements such as Balance Sheet Integrity / Balance Sheet Assurance, Intercompany reconciliations and Group Charges

• Work closely with the Team Leader and Business / Country teams to understand the priorities and provides back up support to the Team Leader during times of team leader absence. Takes over ad-hoc and other delegated activities for the whole team. Coordinate team tasks, especially for fixed assets team part.

• Provide guidance and support to other team members and assists in the resolution of queries. Cooperate with other teams in case of problem solving or support.

• Manage projects and related organisational change to ensure optimal use of resources and achieve objectives within schedule and budget.

In this role You will:

• Inventory Management Fixed Asset Accounting

• Capitalization of assets

• Processing of disposals incl. preparation of disposal journals and related guidance and support to other team members.

• Ensuring proper accounting treatment, particularly with regard to fixed assets management in SL, GL.

• Period end close (monthly, quarterly, year-end) - transfer of assets under construction to addition to fixed assets.

• Verification and handling of adjusting entries and transfers for capital expenditures.

• Screen and review inferior assets, preparation and booking of transfer posting documents.

• Process depreciation in terms of local GAAP and IFRS with appropriate sense check and analyse upcoming deviations.

• Ensuring that all asset movements are aligned with BP Policy & Authorities (Group Reporting Manual), local GAAP and IFRS.

• Ensuring compliance with „Component Accounting".

• Adhering with the tasks outlined in the QMS Systems of FBT.

• Fixed Assets master data processing.

• Reconciliation of accounts, preparation of quarterly reports and ad hoc reports.

• Ensuring the right assignment of assets to the functional entities through monitoring activities and reconciliation of fixed assets ledger.

• Query handling for capital expenditures, advisory if corrections are necessary, accounting support.

• First point of contact for fixed assets related queries (audit, system tests, etc.)

• Coordination of fixed assets related activities within FBT.

• To follow any other job-related requirements. This may be defined by an attached task list or defined by one’s relevant team lead or Fixed Assets HUB Lead.

What You will need to be successful:

• Relevant university or college degree – preferably for Finance & Accounting

• Proven experience in related Finance area.

• Language and interpersonal skills with particular focus on client responsiveness

• Good level of analytical skills, numeracy and financial awareness

• Customer- and service-oriented thinking,

• Readiness for action and ability to work under pressure,

• Strong communication and cooperation skills

• Self-confident appearance in relations to the internal and outside world

• Assertiveness

• Demonstrates ownership

Desirable criteria:

• Chartered accountant degree is advantage

• Local GAAP and IFRS skills are advantage

• Spanish OR German language knowledge are an added advantage

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements

• Life & health insurance, medical care package

• Hybrid working arrangement aligned with team arrangements and business needs

• Opportunity to build up long term career path and develop your skills with wide range of learning options

• Celebrate in bp’s success. You may be eligible to join bp’s Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules

• Family friendly workplace e.g.: Extended parental leave, Mother-baby room

• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program

• Possibility to join our social communities and networks

• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us! At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life.

Disclaimer: Please note that, according to Hungarian law (2012/I. 113. §), mothers or single parents caring for a child under three years of age cannot be employed in night shift positions.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Accounting policy, Accounting Processes and Financial Systems, Analytical Thinking, Analytics, Business process control, Business process improvement, Customer centric thinking, Data Analysis, Digital Automation, Digital Fluency, Financial Reporting, Internal control and compliance

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 disability status. Individuals with an accessibility need may request an adjustment/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 an adjustment/accommodation related to the recruitment process, 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.