BP

Senior Fixed Assets Analyst

BP$110K — $140K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business, or related field
  • 10+ years of experience in Fixed Assets and upstream Oil & Gas
  • Proven understanding of SAP/S4 HANA (Fixed Assets & Lease Accounting)
  • Strong understanding of IFRS and internal controls
  • Familiarity with acquisitions, divestments, DD&A, impairments, and lease accounting
  • Experience with Power BI, PowerApps, SAC, and automation tools
  • Sophisticated Excel and financial modeling skills
  • Strong analytical and stakeholder leadership skills

Responsibilities

  • Lead monthly and quarterly close activities for Fixed Assets and Lease Accounting
  • Ensure accuracy and compliance with IFRS and internal controls
  • Own DD&A process and perform variance analysis
  • Lead lease progression accounting for non-producing to producing leases
  • Maintain Fixed Asset Register (FAR) and CGU reporting
  • Support business transactions through comprehensive financial analysis
  • Drive process improvement and automation initiatives

Benefits

  • Access to health, vision, and dental insurance
  • Flexible working schedule
  • Paid time off policy
  • Discretionary annual bonus program
  • Long-term incentive program
  • Generous 401K matching program
Full Job Description
Job Family Group:
Finance Group

Job Description:

Role Overview

The Senior Fixed Assets Senior Analyst is responsible for leading accounting, reporting, and control activities across Fixed Assets, Lease Accounting, DD&A, Impairments, and Asset Transactions. This role ensures the integrity of financial reporting and compliance with IFRS, internal controls, and company policies.

The position serves as a subject matter authority in asset accounting, lease progression, depreciation, Net Book Value (NBV), and strategic transactions, while partnering with cross-functional teams to support business decisions and portfolio management.

Key Responsibilities
  • Lead monthly and quarterly close activities for Fixed Assets, Lease Accounting, DD&A, impairments, and asset transactions
  • Ensure accuracy, completeness, and compliance with IFRS, company policies, and internal controls
  • Own DD&A process across all asset classes and perform variance analysis
  • Lead lease progression accounting for non-producing to producing leases
  • Maintain Fixed Asset Register (FAR) and CGU reporting
  • Support acquisitions, divestments, swaps, and trades through financial analysis
  • Review and validate transaction documentation including ATMs and financial memorandum.
  • Provide assurance on NBV requests and maintain the NBV PowerApp tool
  • Lead Balance Sheet Assurance (BSA) coordination and review results
  • Support audits and SOX compliance
  • Ensure accurate accounting for impairments, reversals, and write-offs
  • Coordinate annual reserves-related accounting activities
  • Partner with cross-functional teams (FBT) to support daily activities and decision-making
  • Lead process improvement and automation initiatives using SAP, Power BI, PowerApps, and SAC


Crucial Education & Experience
  • Bachelor's degree in Accounting, Finance, Business, or related field
  • 10+ years of experience in Fixed Assets and upstream Oil & Gas
  • Proven understanding of SAP/S4 HANA (Fixed Assets & Lease Accounting)
  • Strong understanding of IFRS and internal controls
  • Experience with acquisitions, divestments, DD&A, impairments, and lease accounting
  • Experience with Power BI, PowerApps, SAC, and automation tools
  • Sophisticated Excel and financial modeling skills
  • Strong analytical and stakeholder leadership skills
  • Experience supporting audits, SOX, and BSA


Preferred Qualifications
  • CPA, CMA, or equivalent certification
  • Experience in upstream Oil & Gas
  • Ability to influence stakeholders and drive decisions


Salary and Benefits

We offer a reward and wellbeing package to enable your work to fit with your life. These can include, but not limited to, access to health, vision and dental insurance, flexible working schedule, paid time off policy, discretionary annual bonus program, long-term incentive program, and a generous 401K matching program. How much do we pay (Base)? $110,000 - $140,000

*Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting.

Travel Requirement:
Negligible travel should be 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:

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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