Inventory Analyst

BP; India; Hybrid; INR 550,000 - 850,000; Full time

Benefits offered by this job

Hybrid work

Relocation assistance within country

Job summary

BP in India seeks an Inventory Analyst to optimize inventory levels, ensure data accuracy, and support robust financial reporting.

You will analyze inventory data, develop strategies to reduce waste, ensure compliance with accounting policies, and collaborate to improve forecasting and controls. The role leverages digital automation and internal controls to drive efficiency.

Qualifications

• Proven experience in inventory analysis or a related financial role.
• Strong understanding of accounting policy, accounting processes, and financial reporting.
• Exceptional analytical thinking and data analysis skills.
• Proficiency in leveraging analytics tools and techniques.

Responsibilities

• Analyze inventory data to identify trends, discrepancies, and opportunities for process improvement.
• Develop and implement strategies to optimize inventory levels, reduce waste, and improve efficiency.
• Ensure adherence to accounting policies and procedures related to inventory management.
• Participate in the design and implementation of business process controls for inventory.
• Contribute to financial reporting accuracy by providing insightful inventory analysis.
• Utilize digital tools and automation to streamline inventory processes and enhance data analysis capabilities.
• Collaborate with cross-functional teams to improve inventory forecasting and demand planning.
• Conduct internal control and compliance checks related to inventory operations.
• Support customer-centric initiatives by ensuring accurate and timely inventory information.

Skills

Inventory analysis

Analytical thinking

Data analysis

Digital automation

Internal controls

Cross-functional collaboration

Communication skills

Tools

Analytics tools

Financial systems

Job description

Entity: Finance

Job Description:

About bp

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!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Additional Information

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

Job Summary:

The Inventory Analyst at BP Business Sol (HC) is responsible for optimizing inventory levels, ensuring data accuracy, and contributing to efficient financial reporting through robust analytical skills and an understanding of accounting policies and processes.

Job Responsibilities:

• Analyze inventory data to identify trends, discrepancies, and opportunities for process improvement.
• Develop and implement strategies to optimize inventory levels, reduce waste, and improve efficiency.
• Ensure adherence to accounting policies and procedures related to inventory management.
• Participate in the design and implementation of business process controls for inventory.
• Contribute to financial reporting accuracy by providing insightful inventory analysis.
• Utilize digital tools and automation to streamline inventory processes and enhance data analysis capabilities.
• Collaborate with cross-functional teams to improve inventory forecasting and demand planning.
• Conduct internal control and compliance checks related to inventory operations.
• Support customer-centric initiatives by ensuring accurate and timely inventory information.

Job Qualifications:

• Proven experience in inventory analysis or a related financial role.
• Strong understanding of accounting policy, accounting processes, and financial reporting.
• Exceptional analytical thinking and data analysis skills.
• Proficiency in leveraging analytics tools and techniques.
• Experience with business process control and improvement methodologies.
• Demonstrated digital fluency and experience with digital automation tools.
• Knowledge of internal control and compliance principles.
• Customer-centric thinking with a focus on delivering value.
• Excellent communication and collaboration skills.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is eligible for relocation within country

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.