Senior Manager Controllership

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the world. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Join our Finance Team and advance your career as a

Senior Manager Controllership

ST&S Finance & Risk provides financial stewardship, reporting, control and risk support to Supply, Trading & Shipping. The Controllership team is part of Core Finance & Risk and owns controlled delivery of close and reporting activities across the full ST&S controllership portfolio. The role leads a team of Controllership Leads and Senior Analysts and is accountable for delivery across co-located, business and technology center, and service-provider teams.

The Senior Manager, Controllership is accountable for the accurate, timely and controlled delivery of close, accounting and reporting activities across the full ST&S controllership portfolio, with particular emphasis on derivative accounting for Oil & Gas trading activity. The role sets portfolio-wide controllership strategy, operating model direction and delivery standards, owns end-to-end process performance and provides assurance over financial results, controls and reporting outcomes, including assuring the accuracy of derivative accounting results to the appropriate CFOs. It leads significant accounting and control matters, determines appropriate partner concern and resolution paths for material issues, establishes effective works with technical accounting, Commodity Risk, Commercial Finance, auditors and service providers, and drives standardization, simplification, automation and capability development across the controllership model.

In this role You will:

• Own end-to-end monthly, quarterly and annual close outcomes across the full portfolio, setting strategic priorities and portfolio-wide standards to ensure complete, accurate and timely financial results, due diligence, reconciliations and reporting.
• Provide senior oversight and decision authority for complex controllership matters, with deep accountability for derivative accounting across Oil & Gas trading activity, including management-to-accounting alignment, valuation accounting, intercompany matters, statutory reporting, audit delivery and resolution of material accounting issues where judgement may be required.
• Be accountable for the effectiveness of the financial control environment across the full portfolio, ensuring ICFR controls are appropriately designed and operated, gaps are assessed and remediated, material risks are called out and CFO confidence in financial results is maintained.
• Lead controllership readiness for new business activity and major change, ensuring accounting, reporting, data, system and control requirements are understood, tested and sustainably embedded.
• Lead through Controllership Leads, managers and Senior Analysts, setting priorities and service expectations, allocating capacity across the full portfolio, managing performance and building succession, capability and resilience across the controllership organisation.
• Set enterprise-level direction for global process standardisation and continuous improvement, sponsoring simplification, automation and technology changes, prioritising investment and ensuring benefits are embedded in day-to-day delivery.

What You will need to be successful:

• Broad and deep knowledge of financial accounting, period-end close, financial reporting and internal control in a complex trading or supply environment. Strong command of accounting for physical and financial commodity activity, with required experience in derivative accounting for Oil & Gas trading, valuation, management-to-accounting alignment, balance-sheet assurance, intercompany activity, statutory reporting and audit. Able to interpret policy and technical guidance, establish practical standards and ensure consistent application across businesses, processes, systems and locations.
• Strong understanding of ST&S or a comparable global commodity trading and supply business, including how commercial activity, contracts, systems, market data and operational events affect financial results and risk. Understands the accountabilities of the Front Office, Commodity Risk, Commercial Finance, technical accounting, Core Finance, service providers and external audit, and can shape effective operating boundaries and service expectations across them.
• Applies broad judgement to complex, high-impact accounting, control, data and process issues, often under significant time pressure and with incomplete or conflicting information. Assesses materiality and risk, challenges assumptions, resolves cross-functional barriers and makes risk-based decisions on remediation, reporting treatment and critical issue where guidance may be incomplete.
• Accountable for the quality, timeliness and control of financial results and close delivery across the full ST&S controllership portfolio. Decisions and recommendations may affect reported results, CFO assurance, external audit outcomes, statutory or regulatory reporting, control effectiveness and senior management confidence in financial information.
• Builds trusted relationships with senior Finance, Risk and business partners, technical specialists, auditors and global delivery teams. Communicates complex accounting and control matters clearly, provides authoritative challenge and secures alignment across competing interests.
• Bachelor's degree or equivalent experience in accounting, finance or a related rigor.
• A minimum of 10 years of relevant post-degree experience, including at least 7 years of experience leading a team. Extensive experience in controllership, accounting, reporting or financial control, including required experience in derivative accounting for Oil & Gas trading, leadership through managers or technical leads, end-to-end portfolio close delivery, complex accounting matters, controls, senior collaborator engagement and strategic change delivery in a large or complex organisation.

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Hybrid working arrangement aligned with team arrangements and business needs
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Celebrate in bp’s success. You may be eligible to join bp’s Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment
  

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to fostering 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.

Disclaimer: Please note that, according to Hungarian law (2012/I. 113. §), mothers or single parents caring for a child under three years of age cannot be employed in night shift positions.

Travel Requirement

Up to 10% travel should be expected with this role

Relocation Assistance:

Relocation may be negotiable for this role

Remote Type:

This position is a hybrid of office/remote working

Skills:

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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.

About Us

We’re an international energy company with global scale, ambitious plans and a team of brilliant people delivering energy to the world, today and tomorrow.