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DESCRIPTION
FBT (Finance, Business & Technology) defines, owns, sources and operates efficient and standardised business services for the BP Group.
We are business process professionals, working as a unified organisation across finance, customer service, procurement, HR services, tax and other functional areas to fully support BP in its global operations and aims. Our license to operate is dependent on us being able to deliver silent running in the most efficient manner.
As the FBT organisation continues to grow and accommodates more, it has the opportunity to deliver additional value in five core areas:
- Risk and control: Enhancing BP's business and system controls through improved governance and implementation of global process designs, systems templates and control frameworks.
- Process effectiveness: Increasing cash and working capital delivery; improved process effectiveness and reliability through delivering an accurate outcome first time.
- Process efficiency: Driving commonality of global processes and building these into standard templates to be incorporated into our ERP systems implementations and our continuous improvement activities across operational processes.
- Quality service: Delivering enhanced customer services to the businesses we serve and BPs customers, through our well-trained, professional people.
- Capability: Developing future leaders for the organisation through talent management BP and career mapping and developing deep expertise in the domain of process.
An exciting new job opportunity has arisen for an Asset Accounting Analyst to join us in Budapest.
Key Accountabilities:
- Inventory Management Fixed Asset Accounting (w/o capitalization).
- Processing of disposals incl. preparation of disposal journals.
- 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.
REQUIREMENTS
Essential Experience and Job Requirements:
- Relevant university or collage degree – preferably in Finance & Accounting.
- Chartered accountant degree is an advantage.
- At least 1-2 years’ of proven experience in related Finance area.
- Local GAAP and IFRS skills are beneficial.
- Proficiency in English and German is essential.
- Good level of analytical skills, numeracy and financial awareness.
- Readiness for action and ability to work under pressure.
- Strong communication and cooperation skills.