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.

Join our Team and advance your career as a

Trading Settlements Senior Analyst

Trading & Shipping executes 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.

The role of the 3rd Party Team is to ensure trades are recorded and settled (payments and receivables) in an accurate and timely manner. This requires a thorough understanding of the deal life cycle (from trade execution through to physical delivery and final settlement). Transactions can be very high value and with complex terms and conditions, requiring efficient problem solving skills.

The 3rd Party Settlements Team is responsible for managing operational cash and working capital on behalf of T&S (c70% of bp's turnover is managed through the T&S 3rd Party Teams). The team produces a daily cash funding forecast for Treasury Management purposes.

If the role supports US based activity, it may require some evening shift working

In this role You will:

• Manage a portfolio of 3rd parties for settlement of financial and physical transactions & lead senior analysts through their BAU activities.

• 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 T&S commercial teams

• Ensure full compliance with the bp T&S Settlements Policy

• Ensure delivery of high quality customer service

• Manage aged debt and cash forecasting

• Deal with a wide variety of ad-hoc queriestimely and escalate as appropriate

• Identify and assist in delivering continuous Improvement ideas

• Provide exceptional internal and external customer service in order to build and strengthen relationships

• Provide leadership and guidance to Settlement analysts, helping them to manage priorities

• Pro-actively seek and lead opportunities to standardize, simplify and automate processes to improve performance and efficiency within team scope

• Actively participate in, lead within team scope and support projects as appropriate

• Drive and participate in transformation and automation (CI) agenda

What You will need to be successful:

• Relevant finance degree
• 3-5 years of experience finance or accounting

• Understanding of Accounts Payable and Receivable settlement principles

• SAP experience

• Creating and delivering Continuous Improvements ideas (e.g. process change and/or automation & reporting changes)

• Experience in trading settlements is an advantage & understanding of commodity trading lifecycle (deal execution/entry to settlement) is an advantage.

• Good analytical skills

• Attention to detail

• Good problem solving, communication and social skills

• Ability to work as part of a team in a fast paced environment

• Readiness for action and ability to work under pressure

• Good stakeholder management/customer service capabilities

• Self-confident appearance in relations to the internal contacts

• Basic change management skills

• Commitment to business control including the courage to speak up where appropriate

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:

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.