For Employers
Senior Finance Control & Assurance Manager


bp
5 days ago
Posted date
5 days ago
N/A
Minimum level
N/A
OtherJob category
Other
Job Description:

About bp

Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need talent to pursue opportunities, motivated by elite insight and expertise. We're always aspiring for more digital solutions, balanced outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world's leading energy company!

The role will be the part of The Finance Business & Technology (FBT) organization at bp is modernizing and digitizing finance activities. Within FBT, the Financial Planning and Analysis (FP&A) team plays a critical role in driving end-to-end process control and compliance. The FP&A team is instrumental in delivering best-in-class financial insights and analysis to support business decisions, while also chipping in to the standardization of our processes and driving operational excellence. By joining the FP&A team, you will be part of a group that brings additional value to bp through innovative financial strategies and solutions.

Business Entity:

Finance Business & Technology (FBT) and FP&A (FP&A) seek to work together to deliver more efficient, cost-effective digital product support across FP&A's product suite. At the center of this initiative is establishing a shared resources team in FBT called the FBT FP&A Sustain Team. The establishment of this Team is in support of broader strategic themes of centralization, continuous improvement, and value optimization.

Let me tell you about the role:

The Control & Assurance (C&A) team is bp's second line of defence. It is ultimately accountable for ensuring compliance with external requirements and assurance over BP's internal control over financial reporting (ICFR). This includes quarterly due diligence, development and deployment of internal control policy, governance and risk management, and the annual management assessment for Sarbanes Oxley purposes. The agenda of strategic modernization and transformation overarches across all its scope. This role provides ample opportunities to drive bp's ICFR strategic agenda, work across different bp businesses, and participate in end-to-end transformation projects across the company.

The role is a member of the C&A leadership team and a member of several forums including our group quarterly control forum

The incumbent may be required to work under alternative shift arrangements at certain times of the year to ensure appropriate overlap hours with UK time zones.

What you will deliver:

  • Team leader for around 5 Senior Finance Control and Assurance advisors, working closely with the Accounting Reporting and Control VP and senior leadership in the segment. Interface with internal and external auditors is a key aspect of the role.
  • Lead design and development of segment control processes and tools where segment variations to Group is required. Input to the development of policies.
  • Lead agreed group and segment level control processes, including the quarterly CFO Due Diligence program and related control processes
  • Provide advice on control gaps that emerge including impact assessment, root cause analysis and delivery of remediation action plans
  • Support segment policy implementation, provide policy mentorship and monitor compliance, including control analytics.
  • Provide independent challenge to efficacy of business control operations and provide clear and practical control advice to collaborators, including in relation to business changes e.g. acquisitions.
  • Identify and perform risk assessment on projects and process changes with an impact on financial reporting and/or controls. Lead and guide control owners in the execution of their accountabilities.
  • Build and maintain a proactive partnership with business partners and business facing finance teams

What you will need to be successful:

Must have educational qualifications: University degree and accounting qualification (CA, ACA, CPA, CIMA, ACCA, etc.) or MBA.

Preferred education/certifications: University degree and accounting qualification (CA, ACA, CPA, CIMA, ACCA, etc.) or MBA.

Minimum years of relevant experience:

  • 10-15 years of relevant post degree experience in financial control, reporting or auditing (or similar) in an Oil and Gas business or experience in industries such as Retail, Asset-based business, Manufacturing, and Logistics
  • Experience of driving transformation across finance or control processes. Challenges existing ways of working and identifies quick wins and strategic solutions
  • Digital skills including SAP knowledge, Power Bi, Power Apps etc. will be advantageous

Must have experiences/skills:

  • Ability to identify control risks within sophisticated processes and advise on actions to mitigate risk. Rapidly identifies key issues in a sophisticated situation - and makes the complex simple.
  • Self-starter with proven capability to manage multiple priorities and with a strong track record of delivery
  • Experience of driving transformation across finance or control processes. Challenges existing ways of working and identifies quick wins and strategic solutions
  • Building capability: The ability to build capability, influence beyond formal reporting lines, and mentor a team with varied strengths to drive high performance.
  • Empowering teams: Empowering teams to deliver by providing clear expectations and effective support
  • People leadership: A passion for people leadership, inspiring and motivating people to deliver results, with experience in leading others being crucial.
  • Strong impact, interpersonal and communication skills, maintains constructive working relationships. Ability to communicate, influence and challenge at different levels including VP/SVP/EVP levels.
  • Strong organization, process, and governance mentality, and work towards excellence

You will work with

  • Together with your team, you will help us to lead group standard procedures by collaborating with and influencing senior collaborators in bp's first line of defense and business and technology organizations
  • Own the development of controls data analytics to continually modernize and digitize bp's ICFR framework
  • Work across the Control and Assurance team to drive convergence and standardization in control processes across bp.
  • You will build enduring relationships through extensive collaboration with our leadership and peers in Control and Assurance, other finance teams in bp's global businesses, and influence across the three lines of defence and internal/external auditors.

Why join our team?

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

  • Life & health insurance, medical care package
  • Flexible working schedule
  • Opportunity to build up long term career path and develop your skills with wide range of learning options
  • Family friendly workplace e.g.: parental leave, bereavement and compassionate leave
  • Employees' wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
  • Possibility to join our social communities and networks

If this role attracts you, apply now!

A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued! Possibility to join our social communities and networks - Learning opportunities and other development opportunities to craft your career path. Life and health insurance, medical care package and many other benefits. 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
Up to 10% travel should be expected with this role

Relocation Assistance:
This role is eligible for relocation within country

Remote Type:
This position is not available for remote working

Skills:
Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial Reporting, Influencing, Internal control and compliance, Long Term Planning {+ 4 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, 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.
Related tags
-
JOB SUMMARY
Senior Finance Control & Assurance Manager
bp
Samudrapur
5 days ago
N/A
Full-time

Senior Finance Control & Assurance Manager