Entity:
Supply, Trading & Shipping
Job Family Group:
Finance Group
Job Description:
About the roleThis 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 AccountabilitiesForecast 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 requirementsDesirable 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