Entity:
Finance
Job Family Group:
Job Description:
Are you ready to join a team that’s driving the future of lubricants & beyond and setting new industry standards? Discover how our diverse and passionate people at Castrol are shaping the industry – and how you can be part of this journey.
We’re seeking versatile experts who share our passion for innovation and excellence. Bring your outstanding perspective, collaborative spirit, and challenge our thinking as we continue to lead the way in the lubricants' market & build businesses beyond lubricants. This is your chance to learn, grow, and thrive in a dynamic and inclusive organization.
Castrol is a global leader in lubricants and part of the bp Group, one of the world’s largest energy companies. In India, Castrol is a publicly listed company, leading in the Automotive, Industrial, and Marine lubricant sectors. With iconic brands, steadfast innovation, strong customer relationships, and a team of highly motivated employees, we have maintained our market leadership in India for over a century. Our robust manufacturing and distribution network in India helps us reach consumers through more than 135,000 outlets.
At Castrol, success knows no bounds. We offer a fast-paced learning environment where you can develop your career, whether in specialized functions or on a general management track. Castrol India has a proud legacy of championing top talent for leadership roles, both locally and globally.
This is a role within the Castrol organisation, and the successful candidate will become part of the Castrol ring-fence. If you are part of the ring-fence, it is expected that your employment will move with Castrol to new ownership.
Purpose of role -
The ARC Analyst is accountable for ensuring accurate and timely recording, collection, and processing of end to end process in general accounting and reporting, fixed assets, accounts receivables, credit, accounts payable, costing, performance reporting, statutory accounting, and direct tax transactions while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
Key Results / Accountabilities-
Ensure accurate and timely delivery of end to end process in general accounting and reporting, (i.e. journal postings, GL maintenance, system postings, report preparation, reconciliations, tax submissions, etc.) in accordance with SLAs.
To support timely and accurate monthly group reporting · To support timely and accurate reporting of quarterly and annual results as per companies act and Clause 41 of the Listing Agreement · To support timely and accurate compilation of tax accounts and tax audit forms · To collaborate with auditors for all audits of CIL and other entities. To manage audit process to eliminate issues, and ensure smooth audit if any. · To support in compliance of books of accounts with Group Accounting Policies and Indian Accounting Standards, wherever applicable
Manage monthly/quarterly close related activities for CIL and BPISPL and ensure that the timelines as specified are adhered to. Perform analytical reviews to ensure accuracy and completeness of the numbers.
To support in ensuring internal controls for all reporting activities
Manage and coordinate the reconciliation of the respective systems to ensure they balance and that any discrepancies or variations are investigated and corrected.
Provide relevant advice and information to staff across GBS and its customers as and when required.
Regularly track and resolve outstanding general accounting and reporting issues that have been raised, or further advance to the necessary parties.
Proactively identify, propose and implement continuous improvement opportunities in existing processes within the team.
Accountabilities
Constantly scans for improvement opportunities and implements transformative solutions that solve our most challenging and complex problems.
Moves at a high pace while collaborating, managing risks, communicating, thinking globally and while demonstrating BP’s values, behaviours and attitudes.
Continuously promotes Agile methodology through both adopting agile principles and actively championing agile at every opportunity.
Thinks Digital Delivery first through apply deep digital expertise to problems, through understanding and promoting automation and through analysing data to create breakthrough solutions.
Key Challenges -
Ensure 100% accuracy and timeliness of group and statutory reports in accordance to agreed service levels.
Develop a good understanding of the customer organisation as well as the business in order to be able to deliver high quality service.
Managing the day to day work activities of the team and ensuring the necessary skills and experience are available to meet the challenges of a demanding and complex workload.
High level of familiarity with the various systems used for the different functions (e.g. general accounting, reporting, direct tax, etc.) in order to maintain and reconcile the accounts receivable system to ensure it balances correctly.
Liaising with customers and colleagues in different geographical locations, time zones and potentially in different languages using different systems requiring rigorous coordination between teams.
Education and Experience
Bachelor’s Degree in Accounting.
Minimum of 5-7 years of experience in general and/or financial accounting.
Required Criteria
English language competency.
Preferred Criteria
Shared service centre experience.
JDE/SAP system experience.
Why Join our team?
At Castrol, 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 crafting an inclusive environment in which everyone is respected and treated fairly. Diversity Statement: At Castrol, we provide an excellent environment and benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others!
Diversity sits at the heart of our company and as an equal opportunity employer, we stay true to our mission by ensuring that our place can be anyone's place. We do not discriminate based on race, religion, colour, national origin, gender and gender identity, sexual orientation, age, marital status, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.
Travel Requirement
Relocation Assistance:
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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.