Intercompany Analyst

FBT Global Hub Intercompany Team is the main contact point within the bp Group for all intercompany related issues. The Intercompany Analyst will support the Intercompany Manager to ensure that the Intercompany processes are compliant with the Group Intercompany Policies and Procedures. Specifically, they will support the delivery of silent running, accurate and timely recording of all Intercompany settlement and PEC activities and processing it in the FI ledgers. They are responsible also to address the varied stakeholders queries accurately to the expectation with completeness. Coordinating with the team members and supporting change within the Intercompany team in the drive for exceptional partner service, operational excellence & compliance.
Key Accountabilities

Handling and booking of incoming/outgoing charges AP/AR transactions settlements along with the non trade IC settlement bookings in ERP and JDE systems.

Perform the key jobs of settlement and PEC processes in JDE, ERP systems and other IC specific applications.

With deeper insight, perform day today bank and Treasury account reconciliations identifying accurately the reconciling items, along with following up with multiple and appropriate stakeholders to resolve the reconciling items.

Review and Support of Monthly/quarterly reconciliations of Intercompany accounts in Accounts Receivable/Accounts Payable - Ensure the integrity and accuracy of the various Intercompany and suspense account reconciliations

Deliver silent running by supporting the Groups intercompany agreement and elimination process at Quarter-ends ensuring all imbalances >$500k are cleared by the end of the process, all differences <500k are resolved by WD 55.

Ensure all reconciling items are followed up on a timely basis as part of Intercompany reconciliation.

Ensure that intercompany disputes are monitored and resolved in a timely manner, intervening and escalating disputes according to Group Policies

Monthly / Quarterly Processing and Journal review of adjustments prepared by Intercompany Analysts identified through the reconciliation process

Take full and proactive ownership of issues and queries

Handle intercompany transactions across multiple locations

Reconcile intercompany accounts at Group and Statutory level

Deliver compliant services in line with period end close deliverables

Support and ongoing development of the Groups intercompany website and the GEM, ICE tool, Disputes Tool and FBW Performance Reporting toolset delivering continuous and innovative improvements.

Support the Group Disputes and Upfront Agreement (UFA) processes ensuring both tools and related processes are fit for purpose.

Share knowledge within the wider team hold training on process changes

Partner with and support all members of the Hub Team to deliver process silent running, continuous system and process improvements, analyze and resolve the root cause of problems.

Support projects, system testing and connect related areas to drive process improvements.

Maintain appropriate intercompany system documentation

Support team mailboxes used for user queries on all intercompany issues.

Complete all month-end system requirements and master data reconciliations

Identification and resolution of internal control gaps

Facilitation and maintenance of internal and external business relationships