Senior Fixed Assets Analyst

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Job Family Group:

Finance Group

Job Description:

bpx energy, a major oil and gas producer in the United States, leverages its expertise in unconventional gas, including shale, to deliver hydrocarbon production and technical knowledge worldwide. With operations in Texas and Louisiana, our US onshore business has become both a best-in-class oil and gas producer and a leader in reducing methane emissions. As part of BP, a global industry leader, we champion a high-energy, high-intensity environment built on accountability, collegiality, and empowerment.

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:

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Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, 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.

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