This is a Castrol requisition and the successful candidate will become part of the Castrol ring-fence ahead of the Castrol divestment later in 2026. From the point of the divestment, you will be employed fully by Castrol and no longer be a bp employee.

Job Description

Are you ready to join a team that's driving the future of lubricants & beyond and setting new industry standards Discover how our diverse and passionate people at Castrol are shaping the industry – and how you can be part of this journey.

We're seeking versatile experts who share our passion for innovation and excellence. Bring your outstanding perspective, collaborative spirit, and challenge our thinking as we continue to lead the way in the lubricants market & build businesses beyond lubricants. This is your chance to learn, grow, and thrive in a dynamic and inclusive organization.

Apply now!

Castrol is a global leader in lubricants and part of the bp Group, one of the world's largest energy companies. In India, Castrol is a publicly listed company, leading in the Automotive, Industrial, and Marine lubricant sectors. With iconic brands, steadfast innovation, strong customer relationships, and a team of highly motivated employees, we have maintained our market leadership in India for over a century. Our robust manufacturing and distribution network in India helps us reach consumers through more than 135,000 outlets.

At Castrol, success knows no bounds. We offer a fast-paced learning environment where you can develop your career, whether in specialized functions or on a general management track. Castrol India has a proud legacy of championing top talent for leadership roles, both locally and globally.

Purpose Of Role

The SME – Asset Accounting will act as the process owner and technical expert across Fixed Assets and Lease Accounting (IFRS 16). The role is responsible for ensuring accurate and timely recording financial reporting, strong controls, effective stakeholder management, and continuous process improvement while supporting operational teams and driving performance excellence while ensuring adherence to policies and procedures.

The Asset Accounting Senior Analyst is also responsible for supervising and monitoring a team to deliver Fixed Asset and Lease accounting and reporting services.

The role entails ample opportunities and requires working with senior stakeholders across BP's FBT teams, liaise up with BP-wide finance and control teams!

Key Results / Accountabilities

Operational Competencies

Transaction Governance & Control - Oversee accurate and timely recording of critical and complex financial transactions while ensuring adherence to controls and policy compliance.
Financial Close & Reporting - Drive end-to-end asset accounting close and ensure timely, accurate delivery of QAR, KPI, and statutory reporting.
Process Expertise & Ownership - Act as the SME for Fixed Assets and IFRS 16, ensuring correct accounting treatment and resolving complex queries. Provide deep process domain expertise and serve as the point of contact for call out operational issues
Reconciliations & Compliance - Review BSA reconciliations and ensure completeness, accuracy, and effectiveness of internal controls.
Stakeholder Management - Act as the primary contact for stakeholders, ensuring effective and timely resolution of queries and proactive escalation of issues.
Analytics & Continuous Improvement- Perform root cause analysis on key metrics and drive process improvements, automation, and efficiency initiatives.
Audit & Risk Management - Support internal and external audits, ensuring documentation readiness and closure of audit observations.
Team Capability & Performance Development - Build team capability through training, feedback, and cross-skilling while driving engagement and performance excellence.

Leadership Competencies

Value Expertise: Develop and command respect for professional excellence: Respected for possessing and being able to pragmatically apply an appropriately high level of technical, functional or operational expertise, and proactive in developing the expertise of themselves and others.
Energise People: Foster effective teamwork and collaboration: Facilitates effective teamwork and builds collaborative relationships internally and externally.
Act Decisively: Set clear direction, priorities and boundaries: Moves themselves and others to effective action through clear business objectives and a good understanding of the context and strategic direction of the business.
Deliver Results: Manage risk and drive safe, reliable and efficient operations: Proactively manages risks and insists on sustained operational excellence.

Attitudes

Own your success

Responsible for delivering innovative business outcomes
Seeks opportunities to improve and digitize process delivery
Adheres to safe and ethical work practices

Think big

Actively builds own knowledge, capabilities and skills for the future
Values teamwork and collaborates to achieve results

Be curious

Willing to suggest new ways of working, processes and technologies
Ensures the delivery and improvement of digital solutions to benefit customers

Effortless customer experience

Understands customer needs and delivers digital seamless self-service customer experiences
Fosters cross-functional collaboration in support of One Finance

Digital first

Applies creative digital solutions to solve problems

Experience & Education: B.Com/M.Com graduate, with minim experience of 12 to 15 years

Culture

Castrol believes in creating a culture that allows you to live our purpose, play to win while caring for others - and there is a huge focus on diversity equity and inclusion. We are a very open and respectful organization, where there is a lot of respect given to listening to all perspectives and hence people are encouraged to speak up, contribute at all levels irrespective of level or department.

The marketing team is a bunch of energetic and passionate individuals from varied backgrounds, and we thrive on being able to learn from each other as well as a lot of external orientation from the best in the industry. we deeply value partnerships especially with our sales colleagues and strongly believe in the power of igniting one team to be able to break barriers, challenge status quo and create new achievements.

Asset Accounting Senior Analyst - Castrol