Revenue Assurance Senior Analyst

Job Description:

About us

Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We're always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world's leading energy company!

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).

Why join bp:

At bp, 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 encouraging an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

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

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.