Senior Fixed Assets Analyst

BP•Houston, TX

2d•Hybrid

About The Position

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. 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.

Requirements

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

Nice To Haves

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

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