Accounts Receivable Analyst – Finance & Accounting – bp | Pune

BP is hiring an Accounts Receivable Analyst in Pune. Requires 2–6 years of experience in cash application, AR reconciliations, and financial close processes.

About the Company: Global Energy Leader Driving Operational Excellence

BP is an integrated energy titan with a global presence spanning over 60 countries, dedicated to safely and efficiently delivering energy to the world today and tomorrow. As part of its progressive transition to an integrated energy company, bp places immense focus on building sustainable business models, driving operational excellence, and fostering cross-border financial governance.

In India, bp is actively shaping the future energy landscape through key corporate partnerships and a robust digital and financial services ecosystem. Operating from its state-of-the-art hub in Pune, bp offers its employees an inclusive, world-class corporate environment and the opportunity to work on highly impactful global finance initiatives.

About the Role: Accounts Receivable Analyst

Are you a meticulous financial professional looking to advance your career with a premier Fortune Global 500 company? bp is accepting applications for an Accounts Receivable Analyst (Accounts Receivable Executive) to join its dynamic Finance & Accounting division in Pune, India.

Operating under a full-time, permanent contract, you will be primarily accountable for the timely and accurate recording of cash receipts, direct debit executions, and automated invoice matching within global AR sub-ledgers. This role requires an analytical mindset capable of handling complex multi-currency reconciliations and medium-to-high volume accounting transactions. Acting as a core bridge to the collections and treasury units, you will protect the bank’s financial interests by monitoring customer accounts, mitigating transaction risk, and maintaining absolute compliance with stringent corporate financial policies.

Key Responsibilities & Financial Workflows

• Daily Cash Application & Processing: Execute the day-to-day tracking and recording of cheques, direct debit runs, Electronic Fund Transfers (EFT), and wire transfers to ensure the AR ledger is updated efficiently.

• Discrepancy Resolution & Adjustments: Research payment variances, allocate unapplied cash collections, and process customer refunds, operational deductions, and balance differences in strict compliance with corporate policy.

• Credit & Debit Management: Issue, review, and validate corporate debit and credit notes while auditing auto-posted transactional data for accounting integrity.

• Ledger Close & Period End Support: Lead the formal monthly, quarterly, and year-end Accounts Receivable sub-ledger closing activities, preparing accurate adjusting documentation for review.

• Account & Balance Reconciliation: Monitor and reconcile recurring currency reports, manage complex general account reconciliation queries, and resolve balance variations.

• Risk & Fraud Monitoring: Actively track credit anomalies, cash discrepancies, and banking fraud violations, escalating risks swiftly to authorized internal stakeholders.

• Stakeholder Management: Build and preserve professional relations with international business partners, supporting the wider cash application and collections teams in meeting annual targets.

        ┌────────────────────────────────────────────────────────────┐
        │        Incoming Cash Receipts (EFT, Wires, Cheques, DD)   │
        └──────────────────────────────┬─────────────────────────────┘
                                       │
                    ┌──────────────────┴──────────────────┐
                    ▼                                     ▼
┌──────────────────────────────────────┐┌──────────────────────────────────────┐
│     Ledger Operations & Allocation   ││       Risk, Audit & Reconciliation   │
├──────────────────────────────────────┤├──────────────────────────────────────┤
│ • Timely AR Sub-Ledger Matching      ││ • Multi-Currency Account Recs        │
│ • Refund, Debit & Credit Note Issues ││ • Month/Quarter/Year-End Close       │
│ • Allocation of Unapplied Cash       ││ • Fraud Monitoring & Policy Auditing │
└──────────────────────────────────────┘└──────────────────────────────────────┘
                                       │
                                       ▼
        ┌────────────────────────────────────────────────────────────┐
        │    Compliant, Audited, and Streamlined Working Capital      │
        └────────────────────────────────────────────────────────────┘

Candidate Prerequisites & Technical Capabilities

To excel in this role, you must comfortably combine hands-on transaction management skills with an solid understanding of basic internal control environments.

Required Technical & Professional Expertise:

• Academic Foundation: A completed Bachelor’s or Undergraduate degree in Commerce, Finance, Accounting, Business Administration, or an equivalent quantitative discipline.

• Professional Track Record: 2 to 6 years of stable, hands-on experience operating strictly within an Accounts Receivable, Cash Application, or Corporate Accounting function.

• Core AR Competency: Strong proficiency in processing cash receipts, executing ledger matches, handling unapplied cash research, and managing refund transactions.

• Accounting Frameworks: Solid understanding of sub-ledger close routines, double-entry bookkeeping, and generation of credit/debit notes.

• Systems & Reporting: Familiarity operating within Enterprise Resource Planning (ERP) financial software packages (such as SAP or Oracle) alongside spreadsheet tools to handle currency reconciliations.

Preferred Assets & Professional Traits:

• Prior experience operating within a global shared services center (SSC) or a multi-national corporate environment.

• Highly detail-oriented analytical approach with a proven capability to spot transaction errors or fraud indicators.

• Excellent communication skills to partner smoothly with internal collection teams and external global clients.

Key Job Details

• Job Category / Role: Accounts Receivable Executive / Analyst

• Industry Type: Oil & Gas / Energy Supply Chain

• Primary Location: Pune, Maharashtra, India

• Employment Type: Full-Time, Permanent position

• Experience Bracket: 2 – 6 years of corporate finance experience