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Settlements Senior Analyst


bp
4 hours ago
Posted date
4 hours ago
N/A
Minimum level
N/A
Full-timeEmployment type
Full-time
OtherJob category
Other
Job Description:

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we're home to a range of brands across many areas of our industry.We're investing in today's energy system and helping build out tomorrow's.So while we're still in oil and gas, over the next decade we'll become a different kind of energy company. We're decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too - working across our industry to improve people's lives.

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.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better - and how you can play your part in our world-class team?

Join our Team and advance your career as a

Trading Settlements Senior Analyst

The 3rd Party Settlements Team is responsible for managing operational cash and working capital on behalf of ST&S (c70% of bp's turnover is managed through the ST&S 3rd Party Teams). The team produces a daily cash funding forecast for Treasury Management purposes.

In this role You will:

  • Manage a portfolio of 3rd parties for settlement of financial and physical transactions.
  • Accountable for the accurate and timely completion of Settlements activities within area of responsibility, which include:
    • Generate customer invoices and supporting documentation
    • Settle all 3rd party transactions per contractual terms
    • Ensure funds are received and paid on time and accurately; liaise with counterparties should any discrepancies occur; provide thorough explanations for any outstanding balances
    • Provide accurate details of projected cash flows to enable BP Treasury to manage daily and weekly cash requirements
  • Develop and maintain strong relationships with ST&S commercial teams
  • Ensure full compliance
  • Manage aged debt and cash forecasting
  • Deal with a wide variety of ad-hoc queries timely and escalate as appropriate
  • Identify and assist in delivering continuous Improvement ideas

What You will need to be successful:

  • Relevant finance or adjacent field degree or equivalent experience
  • 1-3 years of experience finance or accounting
  • Understanding of Accounts Payable and Receivable settlement principles
  • SAP experience
  • Experience in trading settlements is an advantage & understanding of commodity trading lifecycle (deal execution/entry to settlement) is an advantage.

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
  • Flexible working schedule: home office up to 2 days / week, based on team agreement
  • Opportunity to build up long term career path and develop your skills with wide range of learning options
  • 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!

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:
Relocation may be negotiable for this role

Remote Type:
This position is a hybrid of office/remote working

Skills:
Analytical Thinking, Business process improvement, Collaboration, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Internal control and compliance, Problem Solving, Resilience, Thought Leadership, Trading knowledge

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.
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JOB SUMMARY
Settlements Senior Analyst
bp
Budapest
4 hours ago
N/A
Full-time

Settlements Senior Analyst