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- Tasks: Join a dynamic team managing pensioner payroll finance and ensuring compliance.
- Company: bp is a leading energy company focused on sustainable practices and innovation.
- Benefits: Enjoy hybrid working, flexible hours, health insurance, and career development opportunities.
- Why this job: Be part of a diverse team making a real impact in the energy sector.
- Qualifications: Some experience in payroll or finance, strong analytical skills, and a team player attitude.
- Other info: This role requires two days in the Sunbury office each week.
The predicted salary is between 36000 - 60000 £ per year.
Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.
The Pension Finance and Payroll team is responsible for the end-to-end monthly payrolls serving approximately 41,000 bp Pensioners together with ad-hoc cash payments to the membership daily. As part of this function, the team carry out all the necessary payroll/accounting and record keeping in line with monthly and year end requirements.
The Pensions Finance & Payroll Analyst will work in a small team providing this service, meeting fixed, tight deadlines. The role will report into the Pensions Finance and Payroll Team Leader. Initially focusing on the Finance side of the team learning bp systems and processes, whilst covering other team members during absence, training will be provided to learn monthly Payroll administration activities and work towards specialisation in future. This new appointment replaces a team member who is retiring and the successful candidate will join and be supported by an experienced team.
Key accountabilities:- Pensioner Payroll Finance Administration: Assist with end-to-end pensioner payroll finance processing, ensuring accuracy, compliance, and efficiency.
- Financial Record-Keeping: Support the reconciliation and maintenance of financial records related to pensioner payroll.
- Compliance & Reporting: Ensure payroll and financial data adhere to UK regulations, tax requirements, and company policies.
- Operational Improvement: Identify and contribute to opportunities for efficiency in Payroll and related financial operations.
- Project Work: Support initiatives related to Payroll, Finance, or broader Pension Fund transformation.
- Bank Accounts: Managing Bank Account Administration, being a point of contact to resolve user access to the bank accounts including resetting/adding new accounts.
- Some Payroll, Finance or book-keeping experience
- Microsoft Excel
- Desire to progress and develop within the role
- Analytical/Problem solving skills
- Team Player
- Payroll processing/reconciliation in a Finance setting
- CIPP Payroll or AAT qualification (or desire to study towards)
- Proven understanding of accounting for Payroll
- Understanding Pensions including final salary Pension schemes
This is a hybrid working role with 2 days required in the Sunbury office (Tuesdays and Wednesdays).
At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others. We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits.
Reinvent your career as you help our business meet the challenges of the future. Apply now!
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
Pensions Finance & Payroll Analyst employer: BP Energy
Contact Detail:
BP Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Finance & Payroll Analyst
✨Tip Number 1
Familiarise yourself with the specific payroll and finance systems used by bp. Understanding their processes will give you a significant edge during interviews, as you'll be able to demonstrate your readiness to hit the ground running.
✨Tip Number 2
Brush up on UK payroll regulations and tax requirements. Being knowledgeable about compliance will not only help you in the role but also show your commitment to ensuring accuracy and efficiency in payroll processing.
✨Tip Number 3
Network with current or former employees of bp, especially those in the Pensions Finance and Payroll team. They can provide valuable insights into the company culture and expectations, which can be beneficial during your interview.
✨Tip Number 4
Highlight any experience you have with financial record-keeping and reconciliation. Be prepared to discuss specific examples of how you've contributed to operational improvements in previous roles, as this aligns well with the key accountabilities of the position.
We think you need these skills to ace Pensions Finance & Payroll Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure to customise your CV to highlight relevant experience in payroll, finance, or bookkeeping. Emphasise any analytical skills and team collaboration experiences that align with the job description.
Craft a Strong Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific aspects of bp's mission and values that resonate with you, and explain how your background makes you a great fit for the Pensions Finance & Payroll Analyst position.
Highlight Relevant Skills: In your application, clearly outline your proficiency in Microsoft Excel and any experience with payroll processing or financial record-keeping. If you have a CIPP Payroll or AAT qualification, be sure to mention it.
Showcase Problem-Solving Abilities: Provide examples in your application that demonstrate your analytical and problem-solving skills. This could include situations where you identified operational improvements or contributed to efficiency in previous roles.
How to prepare for a job interview at BP Energy
✨Understand the Role
Make sure you have a solid grasp of the Pensions Finance & Payroll Analyst role. Familiarise yourself with the key responsibilities, such as payroll processing and financial record-keeping, so you can discuss how your skills align with these tasks.
✨Showcase Your Analytical Skills
Since the role requires strong analytical and problem-solving skills, prepare examples from your past experiences where you've successfully tackled complex issues or improved processes. This will demonstrate your capability to contribute effectively to the team.
✨Highlight Relevant Experience
If you have any experience in payroll, finance, or bookkeeping, be ready to discuss it in detail. Mention specific tools or software you've used, especially if you're familiar with Microsoft Excel, as this is crucial for the position.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, training opportunities, and the company's approach to compliance and operational improvement. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
