What are the responsibilities and job description for the Associate AP Analyst position at bp?
Role Location: Denver, Colorado or Houston, TX
bpx energy, a major oil and gas producer in the United States, leverages its expertise in unconventional gas, including shale, to deliver hydrocarbon production and technical knowledge worldwide. With operations in Texas and Louisiana, our US onshore business has become both a best-in-class oil and gas producer and a leader in reducing methane emissions. As part of BP, a global industry leader, we foster a high-energy, high-intensity environment built on accountability, collegiality, and empowerment.
Position Summary
The Associate AP Analyst will report in to the AP Lead. This role works with both onshore and offshore AP resources, ensuring accurate invoice processing, adherence to coding standards, and compliance with financial policies including SOX requirements. Working with the guidance of the AP Lead the AP Analyst will serve as the primary point of contact for AP-related questions, providing guidance to team members, and collaborating with business stakeholders to ensure efficient and compliant processing.
Key Responsibilities
Team Leadership & Oversight
We offer a reward and wellbeing package to enable your work to fit with your life. These can include, but not limited to, access to health, vision and dental insurance, flexible working schedule, paid time off policy, discretionary annual bonus program, long-term incentive program, and a generous 401K matching program. How much do we pay (Base)? $70,000- $100,000
bpx energy, a major oil and gas producer in the United States, leverages its expertise in unconventional gas, including shale, to deliver hydrocarbon production and technical knowledge worldwide. With operations in Texas and Louisiana, our US onshore business has become both a best-in-class oil and gas producer and a leader in reducing methane emissions. As part of BP, a global industry leader, we foster a high-energy, high-intensity environment built on accountability, collegiality, and empowerment.
Position Summary
The Associate AP Analyst will report in to the AP Lead. This role works with both onshore and offshore AP resources, ensuring accurate invoice processing, adherence to coding standards, and compliance with financial policies including SOX requirements. Working with the guidance of the AP Lead the AP Analyst will serve as the primary point of contact for AP-related questions, providing guidance to team members, and collaborating with business stakeholders to ensure efficient and compliant processing.
Key Responsibilities
Team Leadership & Oversight
- Provide support for both onshore and offshore AP team members.
- Provide guidance and direction to ensure consistent and accurate processing of invoices and tickets.
- Monitor team performance and ensure productivity and quality standards are met.
- Ensure strict adherence to the established coding matrix for invoice processing.
- Provide guidance to AP analysts on correct coding for tickets and transactions.
- Review transactions as needed to ensure accuracy and compliance.
- Ensure a high level of accuracy in invoice processing and financial postings.
- Implement quality checks and review mechanisms to maintain data integrity.
- Ensure strict compliance with SOX requirements, financial policies, and internal controls.
- Maintain documentation and support audit requirements when needed.
- Create and maintain process documentation and standard operating procedures (SOPs) as needed.
- Identify opportunities for process improvements, increased efficiency and automation.
- Monitor and ensure the AP team meets defined service levels and performance metrics.
- Track key operational metrics related to processing, accuracy, and turnaround times.
- Lead projects to move forward and bring on additional scope to the team.
- Serve as a point of contact for business users regarding AP questions or issue resolution.
- Partner with internal stakeholders to resolve coding, invoice, or processing inquiries.
- 5-10 years of experience in leading Accounts Payable operations and financial processes.
- Prior experience mentoring AP teams, including offshore.
- Strong understanding of general accounting, financial controls and SOX compliance.
- Experience working with invoice coding structures or financial coding matrices.
- Strong problem-solving, communication, and organizational skills.
- Ability to collaborate effectively with finance teams and business stakeholders.
- Previous experience using SAP S/4 Hana and OpenInvoice or similar platforms a plus.
- Experience working in a shared services or global finance environment.
- Bachelor's degree in Accounting, Finance, Business, or a related field a plus
We offer a reward and wellbeing package to enable your work to fit with your life. These can include, but not limited to, access to health, vision and dental insurance, flexible working schedule, paid time off policy, discretionary annual bonus program, long-term incentive program, and a generous 401K matching program. How much do we pay (Base)? $70,000- $100,000
- Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting.
Salary : $70,000 - $100,000