Costing Senior Analyst

Job Description:

As a leading global energy company, we provide heat, light, and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry. We’re investing in today’s energy system and helping build out tomorrow’s. So, while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. 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. There’s a world of opportunities to build new skills, challenge yourself, and grow a long-term career at FBT Malaysia. Your role will have meaning, purpose, and impact. If you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Join our Finance team and advance your career as a Costing Senior Analyst.

Responsible as the Subject Matter Expert (SME) in delivering Financial Manufacturing Cost accounting and reporting services and ensuring the integrity and effectiveness of accounting policy application, internal control, financial reporting, and accounting systems support while promoting a culture of service excellence and delivery within the team.

In this role, you will:

• Support significantly larger and/or more complex entities that require a good understanding of the nature of the business and the economic environment in order to execute costing and period end close activities effectively.
• As the SME for the team members, analyse and advise appropriate actions promptly in the delivery of financial activities (e.g., daily/monthly stock reconciliation, material price variance and landed cost variance analysis, costing worksheet preparation, cost revaluation, balance sheet reconciliation, etc.) in line with relevant requirements, policies and procedures.
• Prepare monthly assumption file for monthly revaluation changes and perform cost ledger/cost simulation/cost freeze in the relevant system.
• Prepare group transfer pricing with relevant analysis to explain the fluctuation of prices.
• Monitor open and overdue items and communicate and follow up accordingly with the appropriate staff.
• Review reports generated by other Costing members to validate data and provide constructive input while ensuring submission in a timely manner.
• Resolve or further escalate any complex issues faced by Costing members and oversee and monitor issue resolution as necessary.
• Liaise with senior stakeholders internally and externally as necessary.
• Support preparation of documents and adjustments for monthly, quarterly, and year-end close.
• May carry out supervisory responsibilities such as planning, assigning, and directing work, and providing feedback and coaching to team members.

What You will need to be successful:

• Bachelor’s Degree in Accounting.
• Minimum of 5-6 years of experience in manufacturing accounting with relevant knowledge in standard costing and inventory management.

Desired Criteria:

• Minimum of 5-6 years of experience in leading, developing, and coaching teams.
• Shared service centre experience.
• Oil and gas industry experience.

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging 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. We offer benefits to enable your work to fit with your life, including flexible working options and paid parental leave policy. We will ensure that individuals with disabilities are provided reasonable adjustments to participate in the interview process.

Skills:

Accounting, Accounting for financial instruments, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Cost Management, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Finance, Financial Reporting {+ 7 more}.

For further information, and to apply, please visit our website via the “Apply” button below.
Candidates must be resident in Malaysia, or have the right to work in Malaysia.