BP

Revenue Assurance Senior Analyst

BP$80K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in finance, Accounting, Data Science, or related field.
  • Mid-level experience in revenue assurance analytics, ideally in the energy sector.
  • Proficient in SQL and data visualization tools such as Power BI or Tableau.
  • Familiar with big data platforms like AWS or Azure.
  • Solid grasp of revenue recognition principles and financial controls.
  • Experience with journal entry workflows and ERP systems such as SAP or Oracle.
  • Strong attention to detail and collaborative problem-solving skills.

Responsibilities

  • Analyze forecasted vs actual revenue across various market segments.
  • Investigate and explain variances in revenue performance and their impact on P&L.
  • Design automated controls for revenue monitoring and billing accuracy.
  • Develop reports and alerts for anomalies in revenue recognition.
  • Manage and resolve journal entry failures in revenue transactions.
  • Conduct user acceptance testing for revenue journal entries and reporting.
  • Collaborate on technical requirements for automation of revenue processes.

Benefits

  • Hybrid working model (combination of office/remote).
  • No travel required for this role.
Full Job Description

Entity:

Supply, Trading & Shipping


Job Family Group:

Finance Group


Job Description:

About the role

This role ensures revenue integrity and support profit and loss analysis for bp’s natural gas and electricity retail energy business, by comparing forecasts to actual revenue, analyzing volumetric and financial variances, designing and implementing new controls and monitoring mechanisms, owning and remediating journal entry failures, and leading efforts to automate and improve revenue processes. This role leverages big data and advanced analytics to provide actionable insights.

Key Accountabilities
Forecast vs. Actual Revenue Analysis
  • Compare forecasted revenue to actuals across services, contracts, market (ISO, utility, LDC), and customer segments.
  • Investigate and explain revenue variances, including timing, pricing, and volume-related factors.
  • Provide insights into how revenue performance affects profit margins and overall P&L.
Volumetric & P&L Variance Analysis
  • Analyze large datasets to detect usage anomalies in energy usage, meter data, and billing.
  • Quantify the financial impact of volumetric variances on revenue and cost structures.
  • Translate technical findings into business language for P&L reporting and executive presentations.
Revenue Controls & Monitoring
  • Design and implement new automated controls to monitor billing accuracy and revenue streams.
  • Develop exception reports and alerts for anomalies in billing, usage, and revenue recognition.
  • Establish monitoring frameworks and dashboards to proactively detect revenue leakage.
  • Maintain audit trails and documentation for all revenue assurance processes.
Journal Entry Ownership & Remediation
  • Own the identification and resolution of journal entry failures related to energy revenue transactions.
  • Collaborate with accounting and finance teams to ensure accurate and timely revenue postings.
  • Investigate root causes of failed entries and implement corrective actions, documenting remediation steps for continuous improvement.
User Acceptance Testing & Process Improvement
  • Perform user acceptance testing (UAT) to validate revenue journal entries and reporting logic.
  • Identify opportunities for process improvement to reduce manual intervention and exceptions, working closely with IT and business interested parties to define technical requirements for automation and system enhancements.
Big Data Handling & Automation
  • Work with structured and unstructured data from various sources (e.g., ERP, billing system, CRM).
  • Build scalable data pipelines and automated reporting tools and dashboards using SQL, Power BI, and cloud platforms.

Essential Education, experience and requirements
  • Bachelor’s degree in finance, Accounting, Data Science, or a related field.

  • Mid-level years of experience in revenue assurance analytics, preferably in the energy sector.
  • Proficiency in SQL, and data visualization tools (e.g., Power BI, Tableau).
  • Experience with big data platforms (e.g., AWS, Azure).
  • Solid understanding of revenue recognition principles, P&L structures, and financial controls.
  • Experience with journal entry workflows and ERP systems (e.g., SAP, Oracle, NetSuite).
  • Excellent attention to detail and collaborative problem-solving skills.
Desirable experience
  • Experience in industries with complex billing (e.g., preferably energy)
  • Familiarity with revenue methodologies and audit frameworks.
  • Ability to communicate technical findings in a clear, business-oriented manner.
  • Knowledge of machine learning or statistical modeling for predictive revenue analysis (a plus).


Travel Requirement

No travel is expected with this role


Relocation Assistance:

This role is not eligible for relocation


Remote Type:

This position is a hybrid of office/remote working


Skills:

Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Contract Creation, Contract handover and implementation, Contract Management, Digital Fluency, Negotiating, Negotiation planning and preparation, Sourcing strategy, Supplier Relationship Management, Supplier Selection

About BP

BP p.l.c. is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading. BP's origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954, adopted the name British Petroleum. In 1959, the company expanded beyond the Middle East to Alaska. British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah Castrol in 2000 and Aral AG in 2002. The company's name was shortened to BP p.l.c. in 2001. From 2003 to 2013, BP was a partner in the TNK-BP joint venture in Russia, and from 2013 until Russia's 2022 invasion of Ukraine, held a nearly 20% stake in Rosneft.
Learn more about BP
Size
65,900 employees
Market Cap
$104.4 billion
Industry
Net Income
-$20.3 billion
Founded
1909
5 Year Trend
-2.9%
Revenue
$180.3 billion
NASDAQ

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