Trading Group Settlements Senior Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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 globe. 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.

BP delivers energy products and services that people around the world need. Our Production & Operation segment is responsible for oil and natural gas exploration, field development and production. Our Customers & Products segment is focused on the refining and marketing of fuels and lubricants. Our commitment to building a stronger, more sustainable energy future is matched by our commitment to the people who will make it a reality

Trading & Shipping (T&S) is BP's face to the traded markets for BP in oil, gas, power and finance.

At FBT, we 're a highly-skilled and diverse team of 1,200 professionals, based in Budapest, Hungary. We also have a small finance team in Istanbul, Turkey. Priding ourselves on excellent teamwork, since the center opened in 2009 our people have driven this part of the organization to become an excellent regional European business service center.

Join our Budapest Team and advance your career as a

Trading Group Settlements Senior Analyst

• T&S delivers physical and financial trades with external counter parties and customers, both on behalf of BP's businesses, managing physical supply and exposure; as well as for entrepreneurial purposes using market intelligence data.
• Manage group transactions and perform reconciliations for T&S accounts
• Ensure the compliance of group operations

In this role you will (be):

• Operates the day-to-day group activities, including group billings, settlements and query handling
• Accountable for supervising delivery of silent running, accurate and timely recording of all Intercompany transactions and processing in the Ledgers
• Ensure full compliance with the bp T&S Settlements Policy
• Supports the team to ensure that the group processes are aligned with the Group Intercompany Policies and Procedures and liaises with other teams to ensure the relevant outputs are in line with requirements
• Monitor and coordinate Key Performance Indicator collections and distribution to business collaborators
• Act as project owner of any group related project
• Ensure that disputes are monitored and resolved in a timely manner, intervening and raising disputes according to Group Policies
• Work with Group Accounts Team to ensure all disputes are minimized by addressing root causes of disputes raised
• Review and Support of Monthly/quarterly reconciliations of group accounts in Accounts Receivable/Accounts Payable - Ensure the integrity and accuracy of the various group and suspense account reconciliations
• Ensure all reconciling items are followed up on a timely basis; Balance Sheet Integrity process is aligned with Group Reporting Manual.
• Liaise with other teams to ensure smooth monthly/quarterly close
• Take active part in any cross functional projects
• Collect improvement opportunities and suggest development measures to inspires productivity within the team
• Drive and participate in transformation and automation (CI) agenda

What you'll need to be successful:

• Relevant finance degree and minimum of 2 years of experience finance or accounting
• SAP experience is an advantage
• Good analytical skills
• Attention to detail
• Good work ethics and professionalism
• Good problem solving, communication and interpersonal skills
• Ability to work as part of a team in a fast paced environment
• Readiness for action and ability to work under pressure
• Self-confident appearance in relations to the internal contacts
• Basic change management skills
• Ability to coach others
• Team player with ability to handle pressure particularly during busy periods such as month / quarter end

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.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

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

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.